Wednesday, May 16, 2007

Economics


Because of the geographic location of Swaziland, it is obvious that it is greatly beneficial to trade with South Africa. This is helpful to the economy because it reduces the cost of moving goods. Some of their chief agricultural exports include sugarcane, corn, and cotton. Goods that are made and exported include sugar, cotton yarn and soft drink concentrate. Swaziland exports almost 60% of its goods to South Africa with 9% going to the USA and Europe. An amazing statistic is that Swaziland imports almost 96% of all its imports from South Africa. While this may seem like a huge amount, it is beneficial because they can get anything they need very cheap. Swaziland is a mostly traditional economic society but there are opportunities to change professions for those that want to.

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