Limited Trade Activity for Soybean Oilcake Between US and Eswatini
Recent trade data indicates minimal to no recorded exports or imports of oilcake and solid residues from soybean oil (HS Code: 2304.00) between the United States and Eswatini. This reflects the small scale of agricultural trade between the two nations.
October 2023
Impact: No significant impact on trade due to the historically low volume of this specific commodity exchange between the US and Eswatini.
US Agricultural Exports to Africa Focus on Larger Markets
The US Department of Agriculture reports that soybean oilcake exports are primarily directed toward larger African markets like South Africa, with smaller nations like Eswatini not featuring prominently in trade statistics for this product.
September 2023
Impact: Trade with Eswatini remains negligible, with US exporters prioritizing larger regional partners, potentially limiting opportunities for niche markets.
Eswatini's Import Needs for Animal Feed Under Review
Eswatini's agricultural sector is exploring options for importing animal feed components, including soybean oilcake, but no specific agreements or significant trade flows with the US have been reported for this commodity.
August 2023
Impact: Potential for future trade growth exists if Eswatini formalizes import strategies, though current impact on US-Eswatini trade for this product is minimal.