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2022
Flag → Flag
Exports $12MRnk 129 / 214
2022
Flag → Flag
Top Product $4.19MCars
2022
Flag → Flag
Exports $3.4MRnk 70 / 154
2022
Flag → Flag
Top Product $968kKnit Men's Suits
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.036Rnk 64 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC $6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH49.9%CURRENT US$
Rnk 36 / 186

About

South Africa-Georgia Trade: In 2022, South Africa exported $12M to Georgia. The main products that South Africa exported to Georgia were Cars ($4.19M), Citrus ($1.29M), and Delivery Trucks ($1.04M). Over the past 5 years the exports of South Africa to Georgia have decreased at an annualized rate of 5.51%, from $15.9M in 2017 to $12M in 2022.

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

Georgia-South Africa Trade: In 2022, Georgia exported $3.4M to South Africa. The main products that Georgia exported to South Africa were Knit Men's Suits ($968k), Knit T-shirts ($649k), and Scrap Copper ($590k). Over the past 5 years the exports of Georgia to South Africa have increased at an annualized rate of 66.1%,  from $270k in 2017 to $3.4M in 2022.

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

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Latest Trends

August, 2024

About

Overview In August 2024, South Africa exported ZAR14.7M and imported ZAR3.11M from Georgia, resulting in a positive trade balance of ZAR11.6M. Between August 2023 and August 2024 the exports of South Africa have decreased by ZAR-1.95M (-11.7%) from ZAR16.7M to ZAR14.7M, while imports decreased by ZAR-11.1M (-78.2%) from ZAR14.3M to ZAR3.11M.

Trade In August 2024, the top exports of South Africa to Georgia were Corn (ZAR2.72M) and Rubber Pipes (ZAR92.7k). In August 2024 the top imports of South Africa from Georgia were Aircraft parts including unmanned craft (ZAR3.27M), Knit Men's Suits (ZAR1.31M), Engine Parts (ZAR417k), Other Measuring Instruments (ZAR171k), and Medical Instruments (ZAR130k).

Origins In August 2024 the exports of South Africa were mainly from Cape Town (ZAR7.29M), Durban (ZAR7.02M), Port Elizabeth (ZAR296k), and O.R. Tambo Int Airport (ZAR110k), while imports destinations were mainly Johannesburg (ZAR1.26M), Durban (ZAR1.14M), O.R. Tambo Int Airport (ZAR706k), Cape Town Int Airport (ZAR3.05k), and Pretoria (ZAR739).

Growth In August 2024, the decrease in South Africa's year-by-year exports to Georgia was explained primarily by an decrease in product exports in . In August 2024, the decrease in South Africa's year-by-year imports  from Georgia was explained primarily by an decrease in product imports  in Knit Babies' Garments (ZAR-1.99k or -69.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)ZAR-1.95M(-11.7%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-11.1M(-78.2%)
MAIN EXPORTER (August 2024)Cape TownZAR7.29M

This section shows exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of South Africa over time.

To check Georgia and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Georgia and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $12M to Georgia. The main products exported from South Africa to Georgia were Cars ($4.19M), Citrus ($1.29M), and Delivery Trucks ($1.04M). During the last 5 years the exports of South Africa to Georgia have decreased at an annualized rate of 5.51%, from $15.9M in 2017 to $12M in 2022.

In 2017, Georgia exported $3.4M to South Africa. The main products exported from Georgia to South Africa were Knit Men's Suits ($968k), Knit T-shirts ($649k), and Scrap Copper ($590k). During the last 5 years the exports of Georgia to South Africa have increased at an annualized rate of 66.1%, from $270k in 2022 to $3.4M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Georgia
Top DestinationChina$759M

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

In 2022, countries that imported more from South Africa than Georgia included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2022, countries that imported more from Georgia than South Africa included Azerbaijan ($668M), Armenia ($571M), and Bulgaria ($502M).

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

Comparative Advantage South Africa - Georgia

Flow
Scale

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

During 2022, South Africa had a large net trade with Georgia in the exports of Transportation ($5.82M), Machines ($2.65M), and Vegetable Products ($1.57M).

During 2017, Georgia had a large net trade with South Africa in the exports of Textiles ($1.69M), Metals ($594k), and Transportation ($308k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Georgia+$1.8MDelivery Trucks
Top Product Potential Georgia South Africa+$743kKnit T-shirts

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

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

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

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