Flag United States / South Africa Flag

Exports Flag β†’ Flag  (2018): $5.5B, Rnk 39 / 215

Top Product Flag β†’ Flag (2018): $295M, Vehicle Parts

Exports Flag β†’ Flag (2018): $7.92B, Rnk 3 / 211

Top Product Flag β†’ Flag (2018): $1.79B, Platinum

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

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

GDP Flag (2018): $20.5T, CURRENT US$
Rnk 1 / 196

GDP GROWTH Flag (2008-2018): 39.6%, CURRENT US$
Rnk 99 / 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): $62,795, CURRENT US$
Rnk 10 / 196

GDP PC GROWTH Flag (2008-2018): 29.8%, CURRENT US$
Rnk 81 / 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

United States-South Africa: In 2018, United States exported $5.5B to South Africa. The main products exported from United States to South Africa were Vehicle Parts ($295M), Planes, Helicopters, and/or Spacecraft ($207M), and Refined Petroleum ($170M). During the last 23 years the exports of United States to South Africa have increased at an annualized rate of 2.33%, from $3.24B in 1995 to $5.5B in 2018. In 2011, United States exported services to South Africa worth $1.9B, with Royalties and license fees ($798M), Travel ($470M), and Transportation ($378M) being the largest in terms of value.

South Africa-United States: In 2018, South Africa exported $7.92B to United States. The main products exported from South Africa to United States were Platinum ($1.79B), Diamonds ($632M), and Ferroalloys ($434M). During the last 23 years the exports of South Africa to United States have increased at an annualized rate of 4.96%, from $2.6B in 1995 to $7.92B in 2018.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). 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, United States was ranked 10 with a GDP Per Capita of $62,795, 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, United States exported $5.5B to South Africa. The main products exported from United States to South Africa were Vehicle Parts ($295M), Planes, Helicopters, and/or Spacecraft ($207M), and Refined Petroleum ($170M). During the last 23 years the exports of United States to South Africa have increased at an annualized rate of 2.33%, from $3.24B in 1995 to $5.5B in 2018.

In 2018, South Africa exported $7.92B to United States. The main products exported from South Africa to United States were Platinum ($1.79B), Diamonds ($632M), and Ferroalloys ($434M). During the last 23 years the exports of South Africa to United States have increased at an annualized rate of 4.96%, from $2.6B in 1995 to $7.92B in 2018.

Market Competitiveness

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Measure

United States
Top Destination
: Mexico, $237B

South Africa
Top Destination
: China, $18.1B

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

In 2018, countries that imported more from United States than South Africa were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, countries that imported more from South Africa than United States were Mozambique ($2.99B), Zambia ($2.77B), and Zimbabwe ($2.46B).

Comparative Advantage United States - South Africa

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Depth

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

During 2018, United States had a large net trade with South Africa in the exports of Machines ($1.64B), Transportation ($873M), and Chemical Products ($854M).

During 2018, South Africa had a large net trade with United States in the exports of Precious Metals ($2.79B), Metals ($1.48B), and Mineral Products ($902M).

Tariff Section

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

In 2018, the products from United States that paid the highest import tariffs to enter South Africa were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

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

Explore Tariff Data

*The tariffs present between United States and South Africa are:
75: AGOA preference on certain textiles and apparel for eligible countries
75: AGOA preference on certain textiles and apparel for eligible countries
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
346: Preferential treatment under the African Growth and Opportunity Act (AGOA)
346: Preferential treatment under the African Growth and Opportunity Act (AGOA)
388: United States Generalized System of Preference
388: United States Generalized System of Preference

Trade Forecasts

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This section shows a forecast for total trade between United States 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

Bilateral Service Trade

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In 2011, United States exported services to South Africa worth $1.9B, with Royalties and license fees ($798M), Travel ($470M), and Transportation ($378M) being the largest in terms of value.

Service trade data is presented based on availability.

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 United States has comparative advantage over South Africa. Similarly, the more red a dot/product is, the more South Africa has comparative advantage over United States.