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Pricing

2022
Flag → Flag
Exports $22.4MRnk 113 / 214
2022
Flag → Flag
Top Product $22.2MRefined Petroleum
2022
Flag → Flag
Exports $40.1MRnk 9 / 80
2022
Flag → Flag
Top Product $40.1MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
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 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 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$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

South Africa-Marshall Islands Trade: In 2022, South Africa exported $22.4M to Marshall Islands. The main products that South Africa exported to Marshall Islands were Refined Petroleum ($22.2M), Rolled Tobacco ($40.9k), and Soil Preparation Machinery ($25.5k). Over the past 5 years the exports of South Africa to Marshall Islands have decreased at an annualized rate of 10%, from $37.9M in 2017 to $22.4M in 2022.

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

Marshall Islands-South Africa Trade: In 2022, Marshall Islands exported $40.1M to South Africa. The main products that Marshall Islands exported to South Africa were Refined Petroleum ($40.1M), Other Floating Structures ($145), and Electrical Control Boards ($78). Over the past 5 years the exports of Marshall Islands to South Africa have increased at an annualized rate of 134%,  from $572k in 2017 to $40.1M in 2022.

In 2022, Marshall Islands 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, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, South Africa exported ZAR192M and imported ZAR37.2k from Marshall Islands, resulting in a positive trade balance of ZAR192M. Between August 2023 and August 2024 the exports of South Africa have increased by ZAR109M (131%) from ZAR83.1M to ZAR192M, while imports increased by ZAR24.2k (188%) from ZAR12.9k to ZAR37.2k.

Trade In August 2024, the top exports of South Africa to Marshall Islands were Refined Petroleum (ZAR40M), Other Plastic Products (ZAR38.2k), Hard Liquor (ZAR9.61k), Eyewear (ZAR5.1k), and Other Headwear (ZAR4.41k). In August 2024 the top imports of South Africa from Marshall Islands were Electrical Control Boards (ZAR2.01k), Scrap Iron (ZAR672), and Refined Petroleum (ZAR203).

Origins In August 2024 the exports of South Africa were mainly from Durban (ZAR152M), Cape Town (ZAR38.3M), and Port Elizabeth (ZAR1.56M), while imports destinations were mainly Durban (ZAR33.1k), O.R. Tambo Int Airport (ZAR2.59k), and Cape Town Int Airport (ZAR1.48k).

Growth In August 2024, the increase in South Africa's year-by-year exports to Marshall Islands was explained primarily by an increase in product exports in Refined Petroleum (ZAR36.2M or 960%) and Hard Liquor (ZAR7.3k or 316%). In August 2024, the increase in South Africa's year-by-year imports  from Marshall Islands was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)ZAR109M(131%)
IMPORT GROWTH (August 2023 - August 2024)ZAR24.2k(188%)
MAIN EXPORTER (August 2024)DurbanZAR152M

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 Marshall Islands and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $22.4M to Marshall Islands. The main products exported from South Africa to Marshall Islands were Refined Petroleum ($22.2M), Rolled Tobacco ($40.9k), and Soil Preparation Machinery ($25.5k). During the last 5 years the exports of South Africa to Marshall Islands have decreased at an annualized rate of 10%, from $37.9M in 2017 to $22.4M in 2022.

In 2017, Marshall Islands exported $40.1M to South Africa. The main products exported from Marshall Islands to South Africa were Refined Petroleum ($40.1M), Other Floating Structures ($145), and Electrical Control Boards ($78). During the last 5 years the exports of Marshall Islands to South Africa have increased at an annualized rate of 134%, from $572k in 2022 to $40.1M in 2017.

Exports from South Africa (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Marshall Islands
Top DestinationGermany$327M

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

In 2022, countries that imported more from South Africa than Marshall Islands included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2022, countries that imported more from Marshall Islands than South Africa included Malta ($66.2M) and Cyprus ($12.6M).

Difference in imports from Marshall Islands (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Marshall Islands

Flow
Scale

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

During 2022, South Africa had a large net trade with Marshall Islands in the exports of Mineral Products ($22.2M), Foodstuffs ($51.1k), and Machines ($41.5k).

During 2017, Marshall Islands had a large net trade with South Africa in the exports of Mineral Products ($40.1M), Transportation ($145), and Machines ($79).

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Marshall Islands (Flag) (2022)

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