2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

South Africa-India Trade: In 2022, South Africa exported $9.14B to India. The main products that South Africa exported to India were Gold ($3.33B), Coal Briquettes ($2.94B), and Raw Copper ($666M). Over the past 5 years the exports of South Africa to India have increased at an annualized rate of 1.2%, from $8.61B in 2017 to $9.14B in 2022.

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

India-South Africa Trade: In 2022, India exported $8.32B to South Africa. The main products that India exported to South Africa were Refined Petroleum ($3.51B), Cars ($1.24B), and Packaged Medicaments ($573M). Over the past 5 years the exports of India to South Africa have increased at an annualized rate of 15.1%,  from $4.12B in 2017 to $8.32B in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $9.14B to India. The main products exported from South Africa to India were Gold ($3.33B), Coal Briquettes ($2.94B), and Raw Copper ($666M). During the last 5 years the exports of South Africa to India have increased at an annualized rate of 1.2%, from $8.61B in 2017 to $9.14B in 2022.

In 2017, India exported $8.32B to South Africa. The main products exported from India to South Africa were Refined Petroleum ($3.51B), Cars ($1.24B), and Packaged Medicaments ($573M). During the last 5 years the exports of India to South Africa have increased at an annualized rate of 15.1%, from $4.12B in 2022 to $8.32B in 2017.

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

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

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
India
Top Destination
United States$82.9B

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

In 2022, countries that imported more from South Africa than India included China ($23.4B), Botswana ($4.74B), and Switzerland ($6.43B).

In 2022, countries that imported more from India than South Africa included United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

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

Comparative Advantage South Africa - India

Flow
Scale

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

During 2022, South Africa had a large net trade with India in the exports of Mineral Products ($3.56B), Precious Metals ($3.48B), and Metals ($1B).

During 2017, India had a large net trade with South Africa in the exports of Mineral Products ($3.59B), Transportation ($1.66B), and Chemical Products ($1.02B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa India+$729MGold
Top Product Potential India South Africa+$534MRefined Petroleum

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

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

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