Flag United Arab Emirates / South Africa Flag

Exports Flag β†’ Flag  (2018): $1.79B, Rnk 26 / 206

Top Product Flag β†’ Flag (2018): $663M, Refined Petroleum

Exports Flag β†’ Flag (2018): $4.18B, Rnk 8 / 211

Top Product Flag β†’ Flag (2018): $1.83B, Diamonds

Economic Complexity of Flag (2018): ECI 0.26, Rnk 55 / 137

Economic Complexity of Flag (2018): ECI 0.16, Rnk 59 / 137

GDP Flag (2018): $414B, CURRENT US$
Rnk 28 / 196

GDP GROWTH Flag (2008-2018): 31.3%, CURRENT US$
Rnk 110 / 196

GDP Flag (2018): $368B, CURRENT US$
Rnk 32 / 196

GDP GROWTH Flag (2008-2018): 28.4%, CURRENT US$
Rnk 116 / 196

GDP PC Flag (2018): $43,005, CURRENT US$
Rnk 21 / 196

GDP PC GROWTH Flag (2008-2018): -3.36%, CURRENT US$
Rnk 158 / 196

GDP PC Flag (2018): $6,374, CURRENT US$
Rnk 97 / 196

GDP PC GROWTH Flag (2008-2018): 10.6%, CURRENT US$
Rnk 120 / 196

United Arab Emirates-South Africa: In 2018, United Arab Emirates exported $1.79B to South Africa. The main products exported from United Arab Emirates to South Africa were Refined Petroleum ($663M), Crude Petroleum ($407M), and Gold ($107M). During the last 23 years the exports of United Arab Emirates to South Africa have increased at an annualized rate of 15.8%, from $61.4M in 1995 to $1.79B in 2018.

South Africa-United Arab Emirates: In 2018, South Africa exported $4.18B to United Arab Emirates. The main products exported from South Africa to United Arab Emirates were Diamonds ($1.83B), Gold ($991M), and Ferroalloys ($429M). During the last 23 years the exports of South Africa to United Arab Emirates have increased at an annualized rate of 18.4%, from $85.9M in 1995 to $4.18B in 2018.

Comparison: In 2018, United Arab Emirates ranked 55 in the Economic Complexity Index (ECI 0.26), and 26 in total exports ($242B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.16), and 36 in total exports ($115B). In terms of GDP Per Capita, United Arab Emirates was ranked 21 with a GDP Per Capita of $43,005, and South Africa was ranked 97 with a GDP Per Capita of $6,374.

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2018, United Arab Emirates exported $1.79B to South Africa. The main products exported from United Arab Emirates to South Africa were Refined Petroleum ($663M), Crude Petroleum ($407M), and Gold ($107M). During the last 23 years the exports of United Arab Emirates to South Africa have increased at an annualized rate of 15.8%, from $61.4M in 1995 to $1.79B in 2018.

In 2018, South Africa exported $4.18B to United Arab Emirates. The main products exported from South Africa to United Arab Emirates were Diamonds ($1.83B), Gold ($991M), and Ferroalloys ($429M). During the last 23 years the exports of South Africa to United Arab Emirates have increased at an annualized rate of 18.4%, from $85.9M in 1995 to $4.18B in 2018.

Market Competitiveness

#permalink to section
Measure

United Arab Emirates
Top Destination
: India, $23.8B

South Africa
Top Destination
: China, $18.1B

This map shows whether countries import more from United Arab Emirates or South Africa. Each country is colored based on the difference in imports they receive from United Arab Emirates and South Africa or the difference in the growth in imports.

In 2018, countries that imported more from United Arab Emirates than South Africa were Japan ($21.7B), India ($23.8B), and Saudi Arabia ($17.2B).

In 2018, countries that imported more from South Africa than United Arab Emirates were United Kingdom ($8.81B), Germany ($7.18B), and United States ($7.92B).

Comparative Advantage United Arab Emirates - South Africa

#permalink to section
Depth

This chart compares trade between United Arab Emirates and South Africa by product, considering products traded by both, United Arab Emirates and South Africa.

During 2018, United Arab Emirates had a large net trade with South Africa in the exports of Mineral Products ($1.15B), Precious Metals ($198M), and Metals ($121M).

During 2018, South Africa had a large net trade with United Arab Emirates in the exports of Precious Metals ($2.84B), Metals ($537M), and Mineral Products ($264M).

Tariff Section

#permalink to section

This sections shows import tariffs for products traded between United Arab Emirates and South Africa (using the HS6 product classification and the last year reported).

In 2018, the products from United Arab Emirates that paid the highest import tariffs to enter South Africa were Tobacco, unmanufactured, not stemmed or stripped (100%) and Tobacco, unmanufactured, stemmed or stripped (100%).

In 2018, the products from South Africa that paid the highest import tariffs to enter United Arab Emirates were Pineapples, otherwise prepared or preserved (55%) and Worn clothing and other worn articles (46.7%).

Explore Tariff Data

*The tariffs present between United Arab Emirates and South Africa are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

#permalink to section

This section shows a forecast for total trade between United Arab Emirates and South Africa. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United Arab Emirates has comparative advantage over South Africa. Similarly, the more red a dot/product is, the more South Africa has comparative advantage over United Arab Emirates.