2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

China-South Africa Trade: In 2023, China exported $22.2B to South Africa. The main products that China exported to South Africa were Broadcasting Equipment ($1.85B), Electric Batteries ($1.78B), and Computers ($1.07B). Over the past 5 years the exports of China to South Africa have increased at an annualized rate of 5.24%, from $17.2B in 2018 to $22.2B in 2023.

In 2023, China did not export any services to South Africa.

South Africa-China Trade: In 2023, South Africa exported $29.5B to China. The main products that South Africa exported to China were Gold ($10.1B), Chromium Ore ($4.01B), and Iron Ore ($3.77B). Over the past 5 years the exports of South Africa to China have increased at an annualized rate of 7.19%,  from $20.8B in 2018 to $29.5B in 2023.

In 2023, South Africa did not export any services to China.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $22.2B to South Africa. The main products exported from China to South Africa were Broadcasting Equipment ($1.85B), Electric Batteries ($1.78B), and Computers ($1.07B). During the last 5 years the exports of China to South Africa have increased at an annualized rate of 5.24%, from $17.2B in 2018 to $22.2B in 2023.

In 2018, South Africa exported $29.5B to China. The main products exported from South Africa to China were Gold ($10.1B), Chromium Ore ($4.01B), and Iron Ore ($3.77B). During the last 5 years the exports of South Africa to China have increased at an annualized rate of 7.19%, from $20.8B in 2023 to $29.5B in 2018.

Exports from China (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
South Africa
Top Destination
China$29.5B

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

In 2023, countries that imported more from China than South Africa included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from South Africa than China included Botswana ($4.28B), Mozambique ($6.13B), and Zimbabwe ($3.47B).

Difference in imports from South Africa (Flag) and China (Flag) (2023)

Comparative Advantage China - South Africa

Flow
Scale

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

During 2023, China had a large net trade with South Africa in the exports of Machines ($11.6B), Metals ($1.83B), and Textiles ($1.62B).

During 2018, South Africa had a large net trade with China in the exports of Precious Metals ($14.4B), Mineral Products ($10.7B), and Metals ($2.66B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China South Africa+$305MTelephones
Top Product Potential South Africa China+$587MIron Ore

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and South Africa. This means that a dot/product with the flag of China 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 China.

Product Space of China (Flag) and South Africa (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with