2022
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GDP
$2.24TCURRENT US$
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2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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GDP PC 
$15,345CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
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2022
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GDP PC
$6,776CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
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About

Russia-South Africa Trade: In 2022, Russia exported $347M to South Africa. The main products that Russia exported to South Africa were Mixed Mineral or Chemical Fertilizers ($140M), Nitrogenous Fertilizers ($85.6M), and Copper Wire ($70M). Over the past 5 years the exports of Russia to South Africa have increased at an annualized rate of 58%, from $35.2M in 2017 to $347M in 2022.

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 2022, South Africa exported $498M to Russia. The main products that South Africa exported to Russia were Citrus ($138M), Apples and Pears ($61.4M), and Other Nuts ($13.2M). Over the past 5 years the exports of South Africa to Russia have increased at an annualized rate of 50.3%,  from $64.9M in 2017 to $498M in 2022.

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

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). 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, Russia exported $347M to South Africa. The main products exported from Russia to South Africa were Mixed Mineral or Chemical Fertilizers ($140M), Nitrogenous Fertilizers ($85.6M), and Copper Wire ($70M). During the last 5 years the exports of Russia to South Africa have increased at an annualized rate of 58%, from $35.2M in 2017 to $347M in 2022.

In 2017, South Africa exported $498M to Russia. The main products exported from South Africa to Russia were Citrus ($138M), Apples and Pears ($61.4M), and Other Nuts ($13.2M). During the last 22 years the exports of South Africa to Russia have increased at an annualized rate of 50.3%, from $64.9M in 1995 to $498M in 2017.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
South Africa
Top Destination
China$23.4B

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 2022, countries that imported more from Russia than South Africa included China ($101B), India ($40.4B), and Turkey ($25.3B).

In 2022, countries that imported more from South Africa than Russia included Mozambique ($5.43B), Botswana ($4.74B), and Namibia ($3.3B).

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

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 2022, Russia had a large net trade with South Africa in the exports of Chemical Products ($287M), Metals ($95.2M), and Mineral Products ($58.9M).

During 2017, South Africa had a large net trade with Russia in the exports of Vegetable Products ($229M), Foodstuffs ($20.4M), and Mineral Products ($12.2M).

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) (2022)

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