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2023
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Exports $523MRnk 48 / 137
2023
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Top Product $94.3MWheat
2023
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Exports $283MRnk 51 / 211
2023
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Top Product $146MCitrus
2023
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Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
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Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
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GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
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GDP GROWTH-11.8%CURRENT US$
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2023
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 GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
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GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
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GDP PC $13,817CURRENT US$
Rnk 74 / 195
2013-2023
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GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195
2023
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GDP PC$6,023CURRENT US$
Rnk 113 / 196
2013-2023
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GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195

About

Russia-South Africa Trade: In 2023, Russia exported $523M to South Africa. The main products that Russia exported to South Africa were Wheat ($94.3M), Mixed Mineral or Chemical Fertilizers ($91.2M), and Coal Briquettes ($76.6M). Over the past 5 years the exports of Russia to South Africa have increased at an annualized rate of 0.53%, from $509M in 2018 to $523M in 2023.

In 2020, Russia exported services to South Africa worth $18.9M, with Transportation ($5.81M), Royalties and license fees ($5.64M), and Other business services ($3.36M) being the largest in terms of value.

South Africa-Russia Trade: In 2023, South Africa exported $283M to Russia. The main products that South Africa exported to Russia were Citrus ($146M), Apples and Pears ($37.2M), and Other Nuts ($18.8M). Over the past 5 years the exports of South Africa to Russia have decreased at an annualized rate of 15.8%,  from $670M in 2018 to $283M in 2023.

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

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $16M and imported $45.5M from South Africa, resulting in a negative trade balance of $29.5M. Between January 2021 and January 2022 the exports of Russia have increased by $12.5M (355%) from $3.52M to $16M, while imports increased by $16.9M (58.9%) from $28.7M to $45.5M.

Trade In January 2022, the top exports of Russia to South Africa were Sulfate Chemical Woodpulp ($765k), Newsprint ($618k), Refined Petroleum ($319k), Synthetic Rubber ($309k), and Flat Flat-Rolled Steel ($245k). In January 2022 the top imports of Russia from South Africa were Manganese Ore ($9.96M), Cars ($3.91M), Combustion Engines ($2.11M), Grapes ($1.86M), and Wine ($1.68M).

Origins In January 2022 the exports of Russia were mainly from TYUMEN REGION ($4.72M), KOMI REPUBLIC ($2.58M), NOVOSIBIRSK REGION ($2.12M), SARATOV REGION ($1.23M), and REPUBLIC OF KARELIA ($1.06M), while imports destinations were mainly CHELYABINSK REGION ($13.1M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($10.8M), ST. PETERSBURG ($4.29M), SVERDLOVSK REGION ($3.53M), and TULA REGION ($3.3M).

Growth In January 2022, the increase in Russia's year-by-year exports to South Africa was explained primarily by an increase in product exports in Refined Petroleum ($278k or 677%), Plastic Pipes ($55.7k or 1.6k%), and Plywood ($45.1k or 41.9%). In January 2022, the increase in Russia's year-by-year imports  from South Africa was explained primarily by an increase in product imports  in Cars ($1.96M or 101%), Chromium Ore ($923k or 146%), and Wine ($422k or 33.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$12.5M(355%)
IMPORT GROWTH (January 2021 - January 2022)$16.9M(58.9%)
MAIN EXPORTER (January 2022)TYUMEN REGION$4.72M

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

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

For full datasets download visit Bulk Download page.

Explore South Africa and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Russia exported $523M to South Africa. The main products exported from Russia to South Africa were Wheat ($94.3M), Mixed Mineral or Chemical Fertilizers ($91.2M), and Coal Briquettes ($76.6M). During the last 5 years the exports of Russia to South Africa have increased at an annualized rate of 0.53%, from $509M in 2018 to $523M in 2023.

In 2018, South Africa exported $283M to Russia. The main products exported from South Africa to Russia were Citrus ($146M), Apples and Pears ($37.2M), and Other Nuts ($18.8M). During the last 5 years the exports of South Africa to Russia have decreased at an annualized rate of 15.8%, from $670M in 2023 to $283M in 2018.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$129B
South Africa
Top DestinationChina$29.5B

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

In 2023, countries that imported more from Russia than South Africa included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from South Africa than Russia included United Kingdom ($9.01B), United States ($13B), and Germany ($10.8B).

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

Comparative Advantage Russia - South Africa

Flow
Scale

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

During 2023, Russia had a large net trade with South Africa in the exports of Chemical Products ($186M), Mineral Products ($150M), and Vegetable Products ($108M).

During 2018, South Africa had a large net trade with Russia in the exports of Vegetable Products ($225M), Foodstuffs ($21.2M), and Machines ($12.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia South Africa+$31.7MCoal Briquettes
Top Product Potential South Africa Russia+$7.82MWine

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

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

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