2023
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GDP
$514BCURRENT US$
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2013-2023
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GDP GROWTH
72.6%CURRENT US$
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2023
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 GDP
$381BCURRENT US$
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2013-2023
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GDP GROWTH
-5.04%CURRENT US$
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2023
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GDP PC 
$52,642CURRENT US$
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2013-2023
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GDP PC GROWTH
42.5%CURRENT US$
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2023
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GDP PC
$6,023CURRENT US$
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2013-2023
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GDP PC GROWTH
-17.9%CURRENT US$
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About

Israel-South Africa Trade: In 2023, Israel exported $229M to South Africa. The main products that Israel exported to South Africa were Diamonds ($15.4M), Pesticides ($11.5M), and Potassic Fertilizers ($11.2M). Over the past 5 years the exports of Israel to South Africa have decreased at an annualized rate of 0.2%, from $231M in 2018 to $229M in 2023.

In 2012, Israel exported services to South Africa worth $61.9M, with Computer and information services ($61.9M) being the largest in terms of value.

South Africa-Israel Trade: In 2023, South Africa exported $238M to Israel. The main products that South Africa exported to Israel were Coal Briquettes ($78.8M), Diamonds ($54.9M), and Grapes ($21M). Over the past 5 years the exports of South Africa to Israel have decreased at an annualized rate of 5.81%,  from $322M in 2018 to $238M in 2023.

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

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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, Israel exported $229M to South Africa. The main products exported from Israel to South Africa were Diamonds ($15.4M), Pesticides ($11.5M), and Potassic Fertilizers ($11.2M). During the last 5 years the exports of Israel to South Africa have decreased at an annualized rate of 0.2%, from $231M in 2018 to $229M in 2023.

In 2018, South Africa exported $238M to Israel. The main products exported from South Africa to Israel were Coal Briquettes ($78.8M), Diamonds ($54.9M), and Grapes ($21M). During the last 5 years the exports of South Africa to Israel have decreased at an annualized rate of 5.81%, from $322M in 2023 to $238M in 2018.

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

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

Latest Data

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

Israel Exports

South Africa Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
South Africa
Top Destination
China$29.5B

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

In 2023, countries that imported more from Israel than South Africa included United States ($20.3B), Ireland ($4.22B), and Egypt ($2.23B).

In 2023, countries that imported more from South Africa than Israel included China ($29.5B), India ($10.8B), and Germany ($10.8B).

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

Comparative Advantage Israel - South Africa

Flow
Scale

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

During 2023, Israel had a large net trade with South Africa in the exports of Chemical Products ($75.1M), Machines ($57.1M), and Plastics and Rubbers ($24.5M).

During 2018, South Africa had a large net trade with Israel in the exports of Mineral Products ($80M), Precious Metals ($55.4M), and Vegetable Products ($28.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel South Africa+$13MDiamonds
Top Product Potential South Africa Israel+$64.8MDiamonds

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

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

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