2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 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 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 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

Estonia-South Africa Trade: In 2022, Estonia exported $27.6M to South Africa. The main products that Estonia exported to South Africa were Rare-Earth Metal Compounds ($4.72M), Refined Petroleum ($4.13M), and Hand Saws ($1.93M). Over the past 5 years the exports of Estonia to South Africa have increased at an annualized rate of 5.63%, from $21M in 2017 to $27.6M in 2022.

In 2020, Estonia exported services to South Africa worth $46.8M, with Other business services ($44.1M), Computer and information services ($2.06M), and Transportation ($343k) being the largest in terms of value.

South Africa-Estonia Trade: In 2022, South Africa exported $18.9M to Estonia. The main products that South Africa exported to Estonia were Delivery Trucks ($6.92M), Chromium Ore ($4.18M), and Citrus ($1.09M). Over the past 5 years the exports of South Africa to Estonia have decreased at an annualized rate of 0.81%,  from $19.7M in 2017 to $18.9M in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $27.6M to South Africa. The main products exported from Estonia to South Africa were Rare-Earth Metal Compounds ($4.72M), Refined Petroleum ($4.13M), and Hand Saws ($1.93M). During the last 5 years the exports of Estonia to South Africa have increased at an annualized rate of 5.63%, from $21M in 2017 to $27.6M in 2022.

In 2017, South Africa exported $18.9M to Estonia. The main products exported from South Africa to Estonia were Delivery Trucks ($6.92M), Chromium Ore ($4.18M), and Citrus ($1.09M). During the last 5 years the exports of South Africa to Estonia have decreased at an annualized rate of 0.81%, from $19.7M in 2022 to $18.9M in 2017.

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

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

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Estonia than South Africa included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from South Africa than Estonia included China ($23.4B), United States ($10.9B), and India ($9.14B).

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

Comparative Advantage Estonia - South Africa

Flow
Scale

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

During 2022, Estonia had a large net trade with South Africa in the exports of Chemical Products ($7.07M), Machines ($5.74M), and Mineral Products ($4.54M).

During 2017, South Africa had a large net trade with Estonia in the exports of Transportation ($7.01M), Mineral Products ($4.26M), and Vegetable Products ($3.16M).

Economic Complexity

Competitive Landscape

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

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

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