2022
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GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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2022
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 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
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GDP PC 
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186
2022
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GDP PC
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
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GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

South Africa-Denmark Trade: In 2022, South Africa exported $371M to Denmark. The main products that South Africa exported to Denmark were Coal Briquettes ($276M), Wine ($21.5M), and Fish oil ($16.1M). Over the past 5 years the exports of South Africa to Denmark have increased at an annualized rate of 29.3%, from $103M in 2017 to $371M in 2022.

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

Denmark-South Africa Trade: In 2022, Denmark exported $309M to South Africa. The main products that Denmark exported to South Africa were Packaged Medicaments ($44.2M), Enzymes ($25.1M), and Other Edible Preparations ($8.12M). Over the past 5 years the exports of Denmark to South Africa have decreased at an annualized rate of 1.05%,  from $365M in 2017 to $309M in 2022.

In 2020, Denmark exported services to South Africa worth $644M, with Transportation ($557M), Computer and information services ($35.3M), and Other business services ($16.1M) being the largest in terms of value.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $371M to Denmark. The main products exported from South Africa to Denmark were Coal Briquettes ($276M), Wine ($21.5M), and Fish oil ($16.1M). During the last 5 years the exports of South Africa to Denmark have increased at an annualized rate of 29.3%, from $103M in 2017 to $371M in 2022.

In 2017, Denmark exported $309M to South Africa. The main products exported from Denmark to South Africa were Packaged Medicaments ($44.2M), Enzymes ($25.1M), and Other Edible Preparations ($8.12M). During the last 5 years the exports of Denmark to South Africa have decreased at an annualized rate of 1.05%, from $365M in 2022 to $309M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Denmark
Top Destination
Germany$18.9B

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

In 2022, countries that imported more from South Africa than Denmark included China ($23.4B), India ($9.14B), and Japan ($8.85B).

In 2022, countries that imported more from Denmark than South Africa included Sweden ($11.6B), Germany ($18.9B), and Norway ($6.53B).

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

Comparative Advantage South Africa - Denmark

Flow
Scale

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

During 2022, South Africa had a large net trade with Denmark in the exports of Mineral Products ($278M), Foodstuffs ($34.5M), and Animal and Vegetable Bi-Products ($16.1M).

During 2017, Denmark had a large net trade with South Africa in the exports of Chemical Products ($107M), Machines ($86.5M), and Instruments ($26.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Denmark+$4.1MRefined Petroleum
Top Product Potential Denmark South Africa+$26.6MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Denmark exported services to South Africa worth $644M, with Transportation ($557M), Computer and information services ($35.3M), and Other business services ($16.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to South Africa (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Africa and Denmark. This means that a dot/product with the flag of South Africa indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over South Africa.

Product Space of South Africa (Flag) and Denmark (Flag) (2022)

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