2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
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GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Switzerland-South Africa Trade: In 2022, Switzerland exported $678M to South Africa. The main products that Switzerland exported to South Africa were Packaged Medicaments ($66.8M), Rolled Tobacco ($61.2M), and Vaccines, blood, antisera, toxins and cultures ($49.8M). Over the past 5 years the exports of Switzerland to South Africa have decreased at an annualized rate of 3.77%, from $822M in 2017 to $678M in 2022.

In 2019, Switzerland exported services to South Africa worth $622M, with Transportation ($277M), Royalties and license fees ($152M), and Financial services ($80.6M) being the largest in terms of value.

South Africa-Switzerland Trade: In 2022, South Africa exported $6.43B to Switzerland. The main products that South Africa exported to Switzerland were Gold ($5.63B), Platinum ($325M), and Cars ($115M). Over the past 5 years the exports of South Africa to Switzerland have increased at an annualized rate of 20.2%,  from $1.77B in 2017 to $6.43B in 2022.

In 2022, South Africa did not export any services to Switzerland.

Comparison: In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $678M to South Africa. The main products exported from Switzerland to South Africa were Packaged Medicaments ($66.8M), Rolled Tobacco ($61.2M), and Vaccines, blood, antisera, toxins and cultures ($49.8M). During the last 5 years the exports of Switzerland to South Africa have decreased at an annualized rate of 3.77%, from $822M in 2017 to $678M in 2022.

In 2017, South Africa exported $6.43B to Switzerland. The main products exported from South Africa to Switzerland were Gold ($5.63B), Platinum ($325M), and Cars ($115M). During the last 5 years the exports of South Africa to Switzerland have increased at an annualized rate of 20.2%, from $1.77B in 2022 to $6.43B in 2017.

Exports from Switzerland (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and South Africa (Flag)

Switzerland Exports

South Africa Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Switzerland than South Africa included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from South Africa than Switzerland included Mozambique ($5.43B), Botswana ($4.74B), and Zimbabwe ($3.3B).

Difference in imports from South Africa (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - South Africa

Flow
Scale

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

During 2022, Switzerland had a large net trade with South Africa in the exports of Chemical Products ($210M), Instruments ($129M), and Machines ($121M).

During 2017, South Africa had a large net trade with Switzerland in the exports of Precious Metals ($6.05B), Transportation ($149M), and Metals ($115M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland South Africa+$47.2MPackaged Medicaments
Top Product Potential South Africa Switzerland+$63.4MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Switzerland and South Africa. This means that a dot/product with the flag of Switzerland indicates it has a comparative advantage over South Africa. Similarly, a dot/product with the flag of South Africa indicates it has a comparative advantage over Switzerland.

Product Space of Switzerland (Flag) and South Africa (Flag) (2022)

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