2023
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GDP
$381BCURRENT US$
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2013-2023
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GDP GROWTH
-5.04%CURRENT US$
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2023
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 GDP
$551BCURRENT US$
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2013-2023
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GDP GROWTH
127%CURRENT US$
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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$
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2023
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GDP PC
$103,888CURRENT US$
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2013-2023
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GDP PC GROWTH
97.4%CURRENT US$
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About

South Africa-Ireland Trade: In 2023, South Africa exported $284M to Ireland. The main products that South Africa exported to Ireland were Platinum ($101M), Delivery Trucks ($27.5M), and Dissolving Grades Chemical Woodpulp ($20.3M). Over the past 5 years the exports of South Africa to Ireland have increased at an annualized rate of 15.6%, from $137M in 2018 to $284M in 2023.

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

Ireland-South Africa Trade: In 2023, Ireland exported $460M to South Africa. The main products that Ireland exported to South Africa were Packaged Medicaments ($64.8M), Vaccines, blood, antisera, toxins and cultures ($61.1M), and Planes, Helicopters, and/or Spacecraft ($48.7M). Over the past 5 years the exports of Ireland to South Africa have decreased at an annualized rate of 4.57%,  from $582M in 2018 to $460M in 2023.

In 2020, Ireland exported services to South Africa worth $387M, with Financial services ($179M), Other business services ($171M), and Insurance services ($33.1M) being the largest in terms of value.

Comparison: In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $284M to Ireland. The main products exported from South Africa to Ireland were Platinum ($101M), Delivery Trucks ($27.5M), and Dissolving Grades Chemical Woodpulp ($20.3M). During the last 5 years the exports of South Africa to Ireland have increased at an annualized rate of 15.6%, from $137M in 2018 to $284M in 2023.

In 2018, Ireland exported $460M to South Africa. The main products exported from Ireland to South Africa were Packaged Medicaments ($64.8M), Vaccines, blood, antisera, toxins and cultures ($61.1M), and Planes, Helicopters, and/or Spacecraft ($48.7M). During the last 5 years the exports of Ireland to South Africa have decreased at an annualized rate of 4.57%, from $582M in 2023 to $460M in 2018.

Exports from South Africa (Flag) to Ireland (Flag) (2023)

Exports from Ireland (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top Destination
China$29.5B
Ireland
Top Destination
United States$67.4B

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

In 2023, countries that imported more from South Africa than Ireland included China ($29.5B), India ($10.8B), and Mozambique ($6.13B).

In 2023, countries that imported more from Ireland than South Africa included United States ($67.4B), Belgium ($18.7B), and Germany ($26.7B).

Difference in imports from Ireland (Flag) and South Africa (Flag) (2023)

Comparative Advantage South Africa - Ireland

Flow
Scale

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

During 2023, South Africa had a large net trade with Ireland in the exports of Precious Metals ($102M), Vegetable Products ($45.7M), and Metals ($34.6M).

During 2018, Ireland had a large net trade with South Africa in the exports of Chemical Products ($178M), Machines ($81.4M), and Foodstuffs ($60.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Ireland+$18.2MPlatinum
Top Product Potential Ireland South Africa+$44.2MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Ireland exported services to South Africa worth $387M, with Financial services ($179M), Other business services ($171M), and Insurance services ($33.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Ireland (Flag) to South Africa (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Ireland (Flag) (2023)

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