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2023
Flag → Flag
Exports $2.98BRnk 13 / 211
2023
Flag → Flag
Top Product $1.3BGold
2023
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Exports $111MRnk 48 / 198
2023
Flag → Flag
Top Product $11.5MDiamonds
2023
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Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
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Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
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GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
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GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
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 GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
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GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
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GDP PC $6,023CURRENT US$
Rnk 113 / 195
2013-2023
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GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195
2023
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GDP PC$50,532CURRENT US$
Rnk 25 / 196
2013-2023
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GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

South Africa-Hong Kong Trade: In 2023, South Africa exported $2.98B to Hong Kong. The main products that South Africa exported to Hong Kong were Gold ($1.3B), Platinum ($1.04B), and Diamonds ($196M). Over the past 5 years the exports of South Africa to Hong Kong have decreased at an annualized rate of 1.15%, from $3.16B in 2018 to $2.98B in 2023.

In 2023, South Africa did not export any services to Hong Kong.

Hong Kong-South Africa Trade: In 2023, Hong Kong exported $111M to South Africa. The main products that Hong Kong exported to South Africa were Diamonds ($11.5M), Integrated Circuits ($9.16M), and Electric Batteries ($7.56M). Over the past 5 years the exports of Hong Kong to South Africa have decreased at an annualized rate of 13.7%,  from $231M in 2018 to $111M in 2023.

In 2023, Hong Kong did not export any services to South Africa.

Comparison: In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Latest Trends

November, 2024

About

Overview In November 2024, South Africa exported ZAR1.72B and imported ZAR113M from Hong Kong, resulting in a positive trade balance of ZAR1.61B. Between November 2023 and November 2024 the exports of South Africa have decreased by ZAR-885M (-34%) from ZAR2.6B to ZAR1.72B, while imports increased by ZAR484k (0.43%) from ZAR113M to ZAR113M.

Trade In November 2024, the top exports of South Africa to Hong Kong were Platinum (ZAR546M), Chromium Ore (ZAR200M), Molluscs (ZAR63.9M), Ketones and Quinones (ZAR15.4M), and Processed Crustaceans (ZAR14.4M). In November 2024 the top imports of South Africa from Hong Kong were Electric Batteries (ZAR31.6M), Hot-Rolled Iron (ZAR20.6M), Other Plastic Products (ZAR10.9M), Integrated Circuits (ZAR7.82M), and Railway Cargo Containers (ZAR7.45M).

Origins In November 2024 the exports of South Africa were mainly from O.R. Tambo Int Airport (ZAR1.38B), Komatipoort (ZAR150M), Cape Town (ZAR77.2M), Cape Town Int Airport (ZAR56.2M), and Durban (ZAR35.4M), while imports destinations were mainly Durban (ZAR48.7M), O.R. Tambo Int Airport (ZAR35.7M), Cape Town Int Airport (ZAR21.6M), Johannesburg (ZAR3.05M), and Port Elizabeth (ZAR2.01M).

Growth In November 2024, the decrease in South Africa's year-by-year exports to Hong Kong was explained primarily by an decrease in product exports in Diamonds (ZAR-201M or -94.6%), Grapes (ZAR-24M or -63.1%), and Coin (ZAR-20.7M or -96.1%). In November 2024, the increase in South Africa's year-by-year imports  from Hong Kong was explained primarily by an increase in product imports  in Electric Batteries (ZAR27.3M or 629%), Other Plastic Products (ZAR10.1M or 1.36k%), and Integrated Circuits (ZAR5.16M or 194%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)ZAR-885M(-34%)
IMPORT GROWTH (November 2023 - November 2024)ZAR484k(0.43%)
MAIN EXPORTER (November 2024)O.R. Tambo Int AirportZAR1.38B

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 Hong Kong and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Hong Kong and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $2.98B to Hong Kong. The main products exported from South Africa to Hong Kong were Gold ($1.3B), Platinum ($1.04B), and Diamonds ($196M). During the last 5 years the exports of South Africa to Hong Kong have decreased at an annualized rate of 1.15%, from $3.16B in 2018 to $2.98B in 2023.

In 2018, Hong Kong exported $111M to South Africa. The main products exported from Hong Kong to South Africa were Diamonds ($11.5M), Integrated Circuits ($9.16M), and Electric Batteries ($7.56M). During the last 5 years the exports of Hong Kong to South Africa have decreased at an annualized rate of 13.7%, from $231M in 2023 to $111M in 2018.

Exports from South Africa (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Hong Kong
Top DestinationChina$25.3B

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 2023, countries that imported more from South Africa than Hong Kong included United States ($13B), Germany ($10.8B), and India ($10.8B).

In 2023, countries that imported more from Hong Kong than South Africa included Vietnam ($14.4B), South Korea ($9.5B), and Malaysia ($3.57B).

Difference in imports from Hong Kong (Flag) and South Africa (Flag) (2023)

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 2023, South Africa had a large net trade with Hong Kong in the exports of Precious Metals ($2.54B), Mineral Products ($161M), and Vegetable Products ($100M).

During 2018, Hong Kong had a large net trade with South Africa in the exports of Machines ($51.6M), Precious Metals ($14.1M), and Metals ($10.3M).

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) (2023)

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