2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 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
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

South Africa-Hong Kong Trade: In 2022, South Africa exported $1.88B to Hong Kong. The main products that South Africa exported to Hong Kong were Platinum ($771M), Gold ($600M), and Diamonds ($110M). Over the past 5 years the exports of South Africa to Hong Kong have decreased at an annualized rate of 11.4%, from $3.45B in 2017 to $1.88B in 2022.

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

Hong Kong-South Africa Trade: In 2022, Hong Kong exported $402M to South Africa. The main products that Hong Kong exported to South Africa were Broadcasting Equipment ($280M), Base Metal Watches ($9.84M), and Electric Batteries ($9.5M). Over the past 5 years the exports of Hong Kong to South Africa have increased at an annualized rate of 6.87%,  from $289M in 2017 to $402M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $1.88B to Hong Kong. The main products exported from South Africa to Hong Kong were Platinum ($771M), Gold ($600M), and Diamonds ($110M). During the last 5 years the exports of South Africa to Hong Kong have decreased at an annualized rate of 11.4%, from $3.45B in 2017 to $1.88B in 2022.

In 2017, Hong Kong exported $402M to South Africa. The main products exported from Hong Kong to South Africa were Broadcasting Equipment ($280M), Base Metal Watches ($9.84M), and Electric Batteries ($9.5M). During the last 5 years the exports of Hong Kong to South Africa have increased at an annualized rate of 6.87%, from $289M in 2022 to $402M in 2017.

Exports from South Africa (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from South Africa than Hong Kong included Germany ($9.96B), Japan ($8.85B), and United States ($10.9B).

In 2022, countries that imported more from Hong Kong than South Africa included India ($14.3B), Philippines ($3.28B), and Malaysia ($3.84B).

Difference in imports from Hong Kong (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Hong Kong

Flow
Scale

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

During 2022, South Africa had a large net trade with Hong Kong in the exports of Precious Metals ($1.49B), Vegetable Products ($98.7M), and Mineral Products ($94.6M).

During 2017, Hong Kong had a large net trade with South Africa in the exports of Machines ($328M), Instruments ($16.3M), and Transportation ($13.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Hong Kong+$198MGold
Top Product Potential Hong Kong South Africa+$17.6MTelephones

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 Hong Kong. This means that a dot/product with the flag of South Africa indicates it has a comparative advantage over Hong Kong. Similarly, a dot/product with the flag of Hong Kong indicates it has a comparative advantage over South Africa.

Product Space of South Africa (Flag) and Hong Kong (Flag) (2022)

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