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2022
Flag → Flag
Exports $8.32BRnk 17 / 217
2022
Flag → Flag
Top Product $3.51BRefined Petroleum
2022
Flag → Flag
Exports $9.14BRnk 4 / 214
2022
Flag → Flag
Top Product $3.33BGold
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 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 $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186

About

India-South Africa Trade: In 2022, India exported $8.32B to South Africa. The main products that India exported to South Africa were Refined Petroleum ($3.51B), Cars ($1.24B), and Packaged Medicaments ($573M). Over the past 5 years the exports of India to South Africa have increased at an annualized rate of 15.1%, from $4.12B in 2017 to $8.32B in 2022.

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

South Africa-India Trade: In 2022, South Africa exported $9.14B to India. The main products that South Africa exported to India were Gold ($3.33B), Coal Briquettes ($2.94B), and Raw Copper ($666M). Over the past 5 years the exports of South Africa to India have increased at an annualized rate of 1.2%,  from $8.61B in 2017 to $9.14B in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Latest Trends

September, 2024

About

Overview In September 2024, India exported $672M and imported $570M from South Africa, resulting in a positive trade balance of $102M. Between September 2023 and September 2024 the exports of India have increased by $79.7M (13.5%) from $592M to $672M, while imports decreased by $-218M (-27.7%) from $788M to $570M.

Trade In September 2024, the top exports of India to South Africa were Motor Vehicle/Cars ($179M), Petroleum Products ($116M), Drug Formulations, Biologicals ($43.8M), Telecom Instruments ($24.9M), and Inorganic Chemicals ($17.4M). In September 2024 the top imports of India from South Africa were Coal,Coke And Briquittes Etc ($218M), Gold ($189M), Pulp And Waste Paper ($64M), Copper And Prdcts Made Of Copr ($49.2M), and Bulk Minerals And Ores ($33.9M).

Growth In September 2024, the increase in India's year-by-year exports to South Africa was explained primarily by an increase in product exports in Petroleum Products ($85.9M or 286%), Motor Vehicle/Cars ($79.4M or 80%), and Telecom Instruments ($14.2M or 132%). In September 2024, the decrease in India's year-by-year imports  from South Africa was explained primarily by an decrease in product imports  in Pearl, Precs, Semiprecs Stones ($-80.2M or -86.6%), Coal,Coke And Briquittes Etc ($-49.7M or -18.5%), and Gold ($-47.9M or -20.3%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (September 2023 - September 2024)$79.7M(13.5%)
IMPORT GROWTH (September 2023 - September 2024)$-218M(-27.7%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check South Africa and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore South Africa and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $8.32B to South Africa. The main products exported from India to South Africa were Refined Petroleum ($3.51B), Cars ($1.24B), and Packaged Medicaments ($573M). During the last 5 years the exports of India to South Africa have increased at an annualized rate of 15.1%, from $4.12B in 2017 to $8.32B in 2022.

In 2017, South Africa exported $9.14B to India. The main products exported from South Africa to India were Gold ($3.33B), Coal Briquettes ($2.94B), and Raw Copper ($666M). During the last 5 years the exports of South Africa to India have increased at an annualized rate of 1.2%, from $8.61B in 2022 to $9.14B in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
South Africa
Top DestinationChina$23.4B

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

In 2022, countries that imported more from India than South Africa included United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

In 2022, countries that imported more from South Africa than India included China ($23.4B), Botswana ($4.74B), and Switzerland ($6.43B).

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

Comparative Advantage India - South Africa

Flow
Scale

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

During 2022, India had a large net trade with South Africa in the exports of Mineral Products ($3.59B), Transportation ($1.66B), and Chemical Products ($1.02B).

During 2017, South Africa had a large net trade with India in the exports of Mineral Products ($3.56B), Precious Metals ($3.48B), and Metals ($1B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India South Africa+$534MRefined Petroleum
Top Product Potential South Africa India+$729MGold

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 India and South Africa. This means that a dot/product with the flag of India 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 India.

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

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