Flag Saudi Arabia / South Africa Flag

Exports Flag β†’ Flag  (2018): $5.45B, Rnk 13 / 180

Top Product Flag β†’ Flag (2018): $4.6B, Crude Petroleum

Exports Flag β†’ Flag (2018): $631M, Rnk 32 / 211

Top Product Flag β†’ Flag (2018): $144M, Gold

Economic Complexity of Flag (2018): ECI 0.93, Rnk 27 / 137

Economic Complexity of Flag (2018): ECI 0.16, Rnk 59 / 137

GDP Flag (2018): $787B, CURRENT US$
Rnk 18 / 196

GDP GROWTH Flag (2008-2018): 51.3%, CURRENT US$
Rnk 79 / 196

GDP Flag (2018): $368B, CURRENT US$
Rnk 32 / 196

GDP GROWTH Flag (2008-2018): 28.4%, CURRENT US$
Rnk 116 / 196

GDP PC Flag (2018): $23,339, CURRENT US$
Rnk 42 / 196

GDP PC GROWTH Flag (2008-2018): 16.2%, CURRENT US$
Rnk 110 / 196

GDP PC Flag (2018): $6,374, CURRENT US$
Rnk 97 / 196

GDP PC GROWTH Flag (2008-2018): 10.6%, CURRENT US$
Rnk 120 / 196

Saudi Arabia-South Africa: In 2018, Saudi Arabia exported $5.45B to South Africa. The main products exported from Saudi Arabia to South Africa were Crude Petroleum ($4.6B), Ethylene Polymers ($179M), and Refined Petroleum ($159M). During the last 23 years the exports of Saudi Arabia to South Africa have increased at an annualized rate of 15.1%, from $215M in 1995 to $5.45B in 2018.

South Africa-Saudi Arabia: In 2018, South Africa exported $631M to Saudi Arabia. The main products exported from South Africa to Saudi Arabia were Gold ($144M), Citrus ($83.2M), and Acyclic Hydrocarbons ($68.7M). During the last 23 years the exports of South Africa to Saudi Arabia have increased at an annualized rate of 8.3%, from $101M in 1995 to $631M in 2018.

Comparison: In 2018, Saudi Arabia ranked 27 in the Economic Complexity Index (ECI 0.93), and 21 in total exports ($263B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.16), and 36 in total exports ($115B). In terms of GDP Per Capita, Saudi Arabia was ranked 42 with a GDP Per Capita of $23,339, and South Africa was ranked 97 with a GDP Per Capita of $6,374.

Bilateral Trade by Products

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Depth
Value

In 2018, Saudi Arabia exported $5.45B to South Africa. The main products exported from Saudi Arabia to South Africa were Crude Petroleum ($4.6B), Ethylene Polymers ($179M), and Refined Petroleum ($159M). During the last 23 years the exports of Saudi Arabia to South Africa have increased at an annualized rate of 15.1%, from $215M in 1995 to $5.45B in 2018.

In 2018, South Africa exported $631M to Saudi Arabia. The main products exported from South Africa to Saudi Arabia were Gold ($144M), Citrus ($83.2M), and Acyclic Hydrocarbons ($68.7M). During the last 23 years the exports of South Africa to Saudi Arabia have increased at an annualized rate of 8.3%, from $101M in 1995 to $631M in 2018.

Market Competitiveness

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Measure

Saudi Arabia
Top Destination
: China, $37.5B

South Africa
Top Destination
: China, $18.1B

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

In 2018, countries that imported more from Saudi Arabia than South Africa were Japan ($29.4B), South Korea ($23.5B), and China ($37.5B).

In 2018, countries that imported more from South Africa than Saudi Arabia were United Kingdom ($8.81B), Germany ($7.18B), and Mozambique ($2.99B).

Comparative Advantage Saudi Arabia - South Africa

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Depth

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

During 2018, Saudi Arabia had a large net trade with South Africa in the exports of Mineral Products ($4.78B), Chemical Products ($342M), and Plastics and Rubbers ($246M).

During 2018, South Africa had a large net trade with Saudi Arabia in the exports of Precious Metals ($144M), Vegetable Products ($141M), and Chemical Products ($102M).

Tariff Section

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This sections shows import tariffs for products traded between Saudi Arabia and South Africa (using the HS6 product classification and the last year reported).

In 2017, the products from Saudi Arabia that paid the highest import tariffs to enter South Africa were Tobacco refuse (1.37k%) and Homogenized or reconstituted tobacco (585%).

In 2018, the products from South Africa that paid the highest import tariffs to enter Saudi Arabia were Pineapples, otherwise prepared or preserved (55%) and Worn clothing and other worn articles (46.7%).

Explore Tariff Data

*The tariffs present between Saudi Arabia and South Africa are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Saudi Arabia and South Africa. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Saudi Arabia has comparative advantage over South Africa. Similarly, the more red a dot/product is, the more South Africa has comparative advantage over Saudi Arabia.