2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 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
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

South Africa-Israel Trade: In 2022, South Africa exported $364M to Israel. The main products that South Africa exported to Israel were Coal Briquettes ($185M), Diamonds ($93.5M), and Grapes ($16.9M). Over the past 5 years the exports of South Africa to Israel have decreased at an annualized rate of 1.14%, from $385M in 2017 to $364M in 2022.

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

Israel-South Africa Trade: In 2022, Israel exported $260M to South Africa. The main products that Israel exported to South Africa were Scrap Copper ($29.2M), Diamonds ($18.2M), and Pesticides ($17.8M). Over the past 5 years the exports of Israel to South Africa have decreased at an annualized rate of 7%,  from $373M in 2017 to $260M in 2022.

In 2012, Israel exported services to South Africa worth $61.9M, with Computer and information services ($61.9M) being the largest in terms of value.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $364M to Israel. The main products exported from South Africa to Israel were Coal Briquettes ($185M), Diamonds ($93.5M), and Grapes ($16.9M). During the last 5 years the exports of South Africa to Israel have decreased at an annualized rate of 1.14%, from $385M in 2017 to $364M in 2022.

In 2017, Israel exported $260M to South Africa. The main products exported from Israel to South Africa were Scrap Copper ($29.2M), Diamonds ($18.2M), and Pesticides ($17.8M). During the last 5 years the exports of Israel to South Africa have decreased at an annualized rate of 7%, from $373M in 2022 to $260M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Israel
Top Destination
United States$20.3B

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

In 2022, countries that imported more from South Africa than Israel included China ($23.4B), Germany ($9.96B), and Japan ($8.85B).

In 2022, countries that imported more from Israel than South Africa included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

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

Comparative Advantage South Africa - Israel

Flow
Scale

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

During 2022, South Africa had a large net trade with Israel in the exports of Mineral Products ($186M), Precious Metals ($93.6M), and Foodstuffs ($22M).

During 2017, Israel had a large net trade with South Africa in the exports of Machines ($59.5M), Chemical Products ($58M), and Metals ($53M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Israel+$64.8MDiamonds
Top Product Potential Israel South Africa+$13MDiamonds

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with