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Pricing

2022
Flag → Flag
Exports $21.1MRnk 116 / 214
2022
Flag → Flag
Top Product $17.7MPlatinum
2022
Flag → Flag
Exports $22.1MRnk 32 / 155
2022
Flag → Flag
Top Product $15.8MFerroalloys
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH39.2%CURRENT US$
Rnk 84 / 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$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186

About

South Africa-North Macedonia Trade: In 2022, South Africa exported $21.1M to North Macedonia. The main products that South Africa exported to North Macedonia were Platinum ($17.7M), Laboratory Ceramic Ware ($1.28M), and Delivery Trucks ($425k). Over the past 5 years the exports of South Africa to North Macedonia have decreased at an annualized rate of 39%, from $250M in 2017 to $21.1M in 2022.

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

North Macedonia-South Africa Trade: In 2022, North Macedonia exported $22.1M to South Africa. The main products that North Macedonia exported to South Africa were Ferroalloys ($15.8M), Centrifuges ($2.68M), and Locomotive Parts ($1.25M). Over the past 5 years the exports of North Macedonia to South Africa have increased at an annualized rate of 58.8%,  from $2.19M in 2017 to $22.1M in 2022.

In 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Latest Trends

August, 2024

About

Overview In August 2024, South Africa exported ZAR92.1k and imported ZAR377M from North Macedonia, resulting in a negative trade balance of ZAR377M. Between August 2023 and August 2024 the exports of South Africa have increased by ZAR77.1k (511%) from ZAR15.1k to ZAR92.1k, while imports increased by ZAR354M (1.55k%) from ZAR22.8M to ZAR377M.

Trade In August 2024, the top exports of South Africa to North Macedonia were Stone Processing Machines (ZAR174k), Ceramic Tableware (ZAR72.7k), Centrifuges (ZAR2.43k), and Other Inedible Animal Products (ZAR500). In August 2024 the top imports of South Africa from North Macedonia were Commodities not elsewhere specified (ZAR3.48M), Locomotive Parts (ZAR1.09M), Insulated Wire (ZAR1.02M), Mattresses (ZAR510k), and Electrical Control Boards (ZAR114k).

Origins In August 2024 the exports of South Africa were mainly from O.R. Tambo Int Airport (ZAR92.1k), while imports destinations were mainly Port Elizabeth (ZAR365M), Pretoria (ZAR6.22M), O.R. Tambo Int Airport (ZAR3.87M), Durban (ZAR1.08M), and East London (ZAR891k).

Growth In August 2024, the increase in South Africa's year-by-year exports to North Macedonia was explained primarily by an increase in product exports in Ceramic Tableware (ZAR66.3k or 1.05k%). In August 2024, the increase in South Africa's year-by-year imports  from North Macedonia was explained primarily by an increase in product imports  in Commodities not elsewhere specified (ZAR2.45M or 238%), Insulated Wire (ZAR771k or 313%), and Non-Knit Women's Shirts (ZAR24.6k or 2.38k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)ZAR77.1k(511%)
IMPORT GROWTH (August 2023 - August 2024)ZAR354M(1.55k%)
MAIN EXPORTER (August 2024)O.R. Tambo Int AirportZAR92.1k

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 North Macedonia and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore North Macedonia and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $21.1M to North Macedonia. The main products exported from South Africa to North Macedonia were Platinum ($17.7M), Laboratory Ceramic Ware ($1.28M), and Delivery Trucks ($425k). During the last 5 years the exports of South Africa to North Macedonia have decreased at an annualized rate of 39%, from $250M in 2017 to $21.1M in 2022.

In 2017, North Macedonia exported $22.1M to South Africa. The main products exported from North Macedonia to South Africa were Ferroalloys ($15.8M), Centrifuges ($2.68M), and Locomotive Parts ($1.25M). During the last 5 years the exports of North Macedonia to South Africa have increased at an annualized rate of 58.8%, from $2.19M in 2022 to $22.1M in 2017.

Exports from South Africa (Flag) to North Macedonia (Flag) (2022)

Exports from North Macedonia (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from South Africa than North Macedonia included China ($23.4B), United States ($10.9B), and India ($9.14B).

In 2022, countries that imported more from North Macedonia than South Africa included Serbia ($800M), Greece ($683M), and Bulgaria ($443M).

Difference in imports from North Macedonia (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - North Macedonia

Flow
Scale

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

During 2022, South Africa had a large net trade with North Macedonia in the exports of Precious Metals ($17.7M), Stone And Glass ($1.3M), and Transportation ($794k).

During 2017, North Macedonia had a large net trade with South Africa in the exports of Metals ($15.8M), Machines ($3.03M), and Transportation ($1.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa North Macedonia+$12.9MPlatinum
Top Product Potential North Macedonia South Africa+$1.43MCentrifuges

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

Product Space of South Africa (Flag) and North Macedonia (Flag) (2022)

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