United States (USA) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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United States-South Africa In 2022, United States exported $6.11B to South Africa. The main products that United States exported to South Africa are Motor vehicles; parts and accessories (8701 to 8705) ($370M), Cars ($273M), and Precious Metal Compounds ($246M). During the last 27 years the exports of United States to South Africa have increased at an annualized rate of 2.61%, from $3.05B in 1995 to $6.11B in 2022.

In 2017, United States exported services to South Africa worth $2.71B, with Travel ($629M), Royalties and license fees ($590M), and Financial services ($479M) being the largest in terms of value.

South Africa-United States In 2022, South Africa exported $10.9B to United States. The main products that South Africa exported to United States were Platinum ($3.97B), Cars ($1B), and Gold ($497M). During the last 27 years the exports of South Africa to United States have increased at an annualized rate of 5.61%, from $2.49B in 1995 to $10.9B in 2022.

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

Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, South Africa ranked 61 in the Economic Complexity Index (ECI 0.033), and 34 in total exports ($147B).

COMPANIES In 2023, leading companies such as LOBLAWS INC. (6.85k), SOCIETE DES ALCOOLS DU QUEBEC (2.02k), and WAL-MART INC. (804) were at the forefront of exporting goods from South Africa to the United States. Conversely, WP FRESH DISTRIBUTORS (PTY) LTD (3.72k), MAHLE BEHR SOUTH AFRICA (PTY) LTD ( (862), and MARKET DEMAND FRUITS (804) were notable for importing South Africa products to the United States.

Latest Trends

January, 2024

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Overview In January 2024, United States exported $429M and imported $1.16B from South Africa, resulting in a negative trade balance of $732M. Between January 2023 and January 2024 the exports of United States have decreased by $-117M (-21.4%) from $546M to $429M, while imports increased by $92.4M (8.65%) from $1.07B to $1.16B.

Trade In January 2024, the top exports of United States to South Africa were Diamonds ($49.4M), Motor vehicles; parts and accessories (8701... ($45.1M), Refined Petroleum ($38.1M), Commodities not elsewhere specified ($26.8M), and Cars ($24M). In January 2024 the top imports of United States from South Africa were Platinum ($302M), Cars ($253M), Ferroalloys ($72.7M), Diamonds ($53.9M), and Titanium Ore ($28.1M).

Origins In January 2024 the exports of United States were mainly from Texas ($92.5M), South Carolina ($50.2M), Michigan ($38M), Illinois ($35.5M), and California ($16.2M), while imports destinations were mainly New York ($221M), New Jersey ($159M), California ($151M), Pennsylvania ($148M), and Maryland ($107M).

Growth In January 2024, the decrease in United States's year-by-year exports to South Africa was explained primarily by an decrease in product exports in Vaccines, blood, antisera, toxins and cultures ($-19.5M or -89.1%), Metal Mountings ($-10.5M or -75.3%), and Machinery Having Individual Functions ($-7.71M or -90.7%). In January 2024, the increase in United States's year-by-year imports from South Africa was explained primarily by an increase in product imports in Cars ($178M or 240%), Ferroalloys ($64.1M or 745%), and Other Precious Metal Products ($20.1M or 2.19k%).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $6.11B to South Africa. The main products exported from United States to South Africa were Motor vehicles; parts and accessories (8701 to 8705) ($370M), Cars ($273M), and Precious Metal Compounds ($246M). During the last 27 years the exports of United States to South Africa have increased at an annualized rate of 2.61%, from $3.05B in 1995 to $6.11B in 2022.

In 2022, South Africa exported $10.9B to United States. The main products exported from South Africa to United States were Platinum ($3.97B), Cars ($1B), and Gold ($497M). During the last 27 years the exports of South Africa to United States have increased at an annualized rate of 5.61%, from $2.49B in 1995 to $10.9B in 2022.

Exports from United States () to South Africa () (2022)

Exports from South Africa () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

South Africa
Top DestinationChina$23.4B

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 2021, countries that imported more from United States than South Africa were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from South Africa than United States were Mozambique ($5.43B), Botswana ($4.74B), and Zimbabwe ($3.3B).

Difference in imports from South Africa () and United States () (2022)

Comparative Advantage United States - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United States had a large net trade with South Africa in the exports of Machines ($1.6B), Transportation ($1.11B), and Chemical Products ($920M).

During 2022, South Africa had a large net trade with United States in the exports of Precious Metals ($5.05B), Metals ($1.59B), and Transportation ($1.25B).

Service Trade

Bilateral Service Trade

Usa Year

In 2017, United States exported services to South Africa worth $2.71B, with Travel ($629M), Royalties and license fees ($590M), and Financial services ($479M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States () to South Africa () (2017)

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from United States () to South Africa () (2022)

Exports from South Africa () to United States () (2022)

Market Competitiveness

Difference in imports from South Africa () and United States () (2022)

Comparative Advantage United States - South Africa

Service Trade

Bilateral Service Trade

Services Exports from United States () to South Africa () (2017)

Economic Complexity

Competitive Landscape

Product Space of United States () and South Africa () (2022)

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from United States () to South Africa () (2022)

Exports from South Africa () to United States () (2022)

Market Competitiveness

Difference in imports from South Africa () and United States () (2022)

Comparative Advantage United States - South Africa

Service Trade

Bilateral Service Trade

Services Exports from United States () to South Africa () (2017)

Economic Complexity

Competitive Landscape

Product Space of United States () and South Africa () (2022)

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