Vietnam (VNM) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Vietnam-South Africa Trade: In 2022, Vietnam exported $1.02B to South Africa. The main products that Vietnam exported to South Africa were Broadcasting Equipment ($407M), Textile Footwear ($110M), and Leather Footwear ($37.1M). Over the past 5 years the exports of Vietnam to South Africa have increased at an annualized rate of 1.26%, from $958M in 2017 to $1.02B in 2022.

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

South Africa-Vietnam Trade: In 2022, South Africa exported $352M to Vietnam. The main products that South Africa exported to Vietnam were Corn ($177M), Apples and Pears ($26.2M), and Grapes ($19.3M). Over the past 5 years the exports of South Africa to Vietnam have increased at an annualized rate of 2.57%, from $310M in 2017 to $352M in 2022.

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

Comparison: In 2022, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Vietnam exported $1.02B to South Africa. The main products exported from Vietnam to South Africa were Broadcasting Equipment ($407M), Textile Footwear ($110M), and Leather Footwear ($37.1M). During the last 5 years the exports of Vietnam to South Africa have increased at an annualized rate of 1.26%, from $958M in 2017 to $1.02B in 2022.

In 2017, South Africa exported $352M to Vietnam. The main products exported from South Africa to Vietnam were Corn ($177M), Apples and Pears ($26.2M), and Grapes ($19.3M). During the last 5 years the exports of South Africa to Vietnam have increased at an annualized rate of 2.57%, from $310M in 2022 to $352M in 2017.

Exports from Vietnam () to South Africa () (2022)

Exports from South Africa () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and South Africa ()

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$117B

South Africa
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Vietnam than South Africa included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from South Africa than Vietnam included Mozambique ($5.43B), Switzerland ($6.43B), and Botswana ($4.74B).

Difference in imports from South Africa () and Vietnam () (2022)

Comparative Advantage Vietnam - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vietnam had a large net trade with South Africa in the exports of Machines ($553M), Footwear and Headwear ($182M), and Mineral Products ($70.5M).

During 2017, South Africa had a large net trade with Vietnam in the exports of Vegetable Products ($258M), Mineral Products ($22.6M), and Foodstuffs ($13.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Vietnam South Africa+$151MTelephones

Top Product Potential South Africa Vietnam+$34.4MCoal Briquettes

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

Year

This visualization shows the product space at the HS4 level with the flags of Vietnam and South Africa. This means that a dot/product with the flag of Vietnam 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 Vietnam.

About

Historical Data

Bilateral Trade by Products

Exports from Vietnam () to South Africa () (2022)

Exports from South Africa () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and South Africa ()

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Vietnam () (2022)

Comparative Advantage Vietnam - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Vietnam () and South Africa () (2022)

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