Flag South Africa / Spain Flag

2019
FlagFlag
Exports
: $1.19B, Rnk 21 / 214

2019
FlagFlag
Top Product
: $257M, Delivery Trucks

2019
FlagFlag
Exports
: $1.56B, Rnk 36 / 219

2019
FlagFlag
Top Product
: $183M, Cars

2019
Flag
Economic Complexity (ECI)
: ECI 0.24, Rnk 57 / 146

2019
Flag
Economic Complexity (ECI)
: ECI 0.85, Rnk 36 / 146

2019
Flag  
GDP
: $351B, CURRENT US$
Rnk 36 / 187

2009-2019
Flag
GDP GROWTH
: 18.8%, CURRENT US$
Rnk 150 / 187

2019
Flag
 GDP
: $1.39T, CURRENT US$
Rnk 14 / 187

2009-2019
Flag
GDP GROWTH
: -6.2%, CURRENT US$
Rnk 179 / 187

2019
Flag
GDP PC 
: $6,001, CURRENT US$
Rnk 99 / 187

2009-2019
Flag
GDP PC GROWTH
: 2.36%, CURRENT US$
Rnk 153 / 187

2019
Flag
GDP PC
: $29,600, CURRENT US$
Rnk 36 / 187

2009-2019
Flag
GDP PC GROWTH
: -7.62%, CURRENT US$
Rnk 174 / 187

South Africa-Spain: In 2019, South Africa exported $1.19B to Spain. The main products that South Africa exported to Spain are Delivery Trucks ($257M), Cars ($168M), and Centrifuges ($115M). During the last 24 years the exports of South Africa to Spain have increased at an annualized rate of 2.47%, from $664M in 1995 to $1.19B in 2019.

In 2019, South Africa did not exported services to Spain.

Spain-South Africa: In 2019, Spain exported $1.56B to South Africa . The main products that Spain exported to South Africa were Cars ($183M), Vehicle Parts ($167M), and Electric Generating Sets ($93.3M). During the last 24 years the exports of Spain to South Africa have increased at an annualized rate of 7.75%, from $259M in 1995 to $1.56B in 2019.

In 2009, Spain exported services to South Africa worth $93.6M, with Services not allocated ($93.6M) being the largest in terms of value.

Comparison: In 2019,  South Africa ranked 57 in the Economic Complexity Index (ECI 0.24), and 36 in total exports ($109B). That same year, Spain ranked 36 in the Economic Complexity Index (ECI 0.85), and 16 in total exports ($319B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2019, South Africa exported $1.19B to Spain. The main products exported from South Africa to Spain were Delivery Trucks ($257M), Cars ($168M), and Centrifuges ($115M). During the last 24 years the exports of South Africa to Spain have increased at an annualized rate of 2.47%, from $664M in 1995 to $1.19B in 2019.

In 2019, Spain exported $1.56B to South Africa. The main products exported from Spain to South Africa were Cars ($183M), Vehicle Parts ($167M), and Electric Generating Sets ($93.3M). During the last 24 years the exports of Spain to South Africa have increased at an annualized rate of 7.75%, from $259M in 1995 to $1.56B in 2019.

Market Competitiveness

#permalink to section
Measure

South Africa
Top Destination
: China, $16.7B

Spain
Top Destination
: France, $47.4B

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

In 2019, countries that imported more from South Africa than Spain were China ($16.7B), India ($6.03B), and Botswana ($3.89B).

In 2019, countries that imported more from Spain than South Africa were France ($47.4B), Germany ($34.9B), and Portugal ($25.8B).

Comparative Advantage South Africa - Spain

#permalink to section
Depth

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

During 2019, South Africa had a large net trade with Spain in the exports of Transportation ($460M), Mineral Products ($159M), and Metals ($151M).

During 2019, Spain had a large net trade with South Africa in the exports of Transportation ($385M), Machines ($308M), and Chemical Products ($274M).

Tariff Section

#permalink to section

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

In 2018, the products from South Africa that paid the highest import tariffs to enter Spain were Worn clothing and other worn articles (46.7%) and Bovine carcasses and half carcasses, fresh or chilled (40%).

In 2017, the products from Spain that paid the highest import tariffs to enter South Africa were Meat and edible meat offal: salted, in brine, dried or smoked: edible flours, meals of meat or meat offal, of whales, dolphins, porpoises (of order Cetacea): manatees, dugongs (of order Sirenia): seals, sea lions, and walruses (of suborder Pinnipedia) (141%) and Meat, meat offal and blood, prepared or preserved, ne (101%).

*The tariffs present between South Africa and Spain are:
136: Most Favoured Nation duty rate treatement
219: Preferential tariff for European Union countries (AA) Association Agreement

Bilateral Service Trade

#permalink to section

In 2009, Spain exported services to South Africa worth $93.6M, with Services not allocated ($93.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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