New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $521MRnk 39 / 214
2022
Flag → Flag
Top Product $101MPropylene Polymers
2022
Flag → Flag
Exports $2.25BRnk 8 / 166
2022
Flag → Flag
Top Product $2.16BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.033Rnk 61 / 124
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 119 / 124
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 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$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186

About

South Africa-Nigeria In 2022, South Africa exported $521M to Nigeria. The main products that South Africa exported to Nigeria are Propylene Polymers ($101M), Apples and Pears ($45.5M), and Metal Stoppers ($22.2M). During the last 27 years the exports of South Africa to Nigeria have increased at an annualized rate of 8.96%, from $51.3M in 1995 to $521M in 2022.

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

Nigeria-South Africa In 2022, Nigeria exported $2.25B to South Africa. The main products that Nigeria exported to South Africa were Crude Petroleum ($2.16B), Petroleum Gas ($64.3M), and Rubber ($6.82M). During the last 27 years the exports of Nigeria to South Africa have increased at an annualized rate of 23.7%, from $7.25M in 1995 to $2.25B in 2022.

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

Comparison In 2022,  South Africa ranked 61 in the Economic Complexity Index (ECI 0.033), and 34 in total exports ($147B). That same year, Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Latest Trends

January, 2024

About

Overview In January 2024, South Africa exported ZAR301M and imported ZAR3.02B from Nigeria, resulting in a negative trade balance of ZAR2.72B. Between January 2023 and January 2024 the exports of South Africa have decreased by ZAR-275M (-47.8%) from ZAR576M to ZAR301M, while imports decreased by ZAR-2.05B (-40.5%) from ZAR5.07B to ZAR3.02B.

Trade In January 2024, the top exports of South Africa to Nigeria were Propylene Polymers (ZAR127M), Stone Processing Machines (ZAR70.4M), Electric Batteries (ZAR56.7M), Apples and Pears (ZAR50.5M), and Metal Stoppers (ZAR26.9M). In January 2024 the top imports of South Africa from Nigeria were Crude Petroleum (ZAR4.71B), Petroleum Gas (ZAR328M), Rubber (ZAR6.89M), Scrap Copper (ZAR6.27M), and Glass Bottles (ZAR4.95M).

Origins In January 2024 the exports of South Africa were mainly from Durban (ZAR186M), Cape Town (ZAR40.3M), O.R. Tambo Int Airport (ZAR29.5M), Johannesburg (ZAR23M), and Germiston/Alberton (ZAR11.1M), while imports destinations were mainly Durban (ZAR3.02B), O.R. Tambo Int Airport (ZAR1.07M), Cape Town Int Airport (ZAR133k), and Johannesburg (ZAR37.5k).

Growth In January 2024, the decrease in South Africa's year-by-year exports to Nigeria was explained primarily by an decrease in product exports in Propylene Polymers (ZAR-112M or -46.9%), Metal Stoppers (ZAR-24.3M or -47.5%), and Polyacetals (ZAR-15.8M or -96.9%). In January 2024, the decrease in South Africa's year-by-year imports  from Nigeria was explained primarily by an decrease in product imports  in Scrap Copper (ZAR-7.59M or -54.8%), Coconuts, Brazil Nuts, and Cashews (ZAR-5.95M or -100%), and Rubber (ZAR-5.59M or -44.8%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)ZAR-275M(-47.8%)
IMPORT GROWTH (January 2023 - January 2024)ZAR-2.05B(-40.5%)
MAIN EXPORTER (January 2024)DurbanZAR186M

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 Nigeria and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Nigeria and South Africa Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $521M to Nigeria. The main products exported from South Africa to Nigeria were Propylene Polymers ($101M), Apples and Pears ($45.5M), and Metal Stoppers ($22.2M). During the last 27 years the exports of South Africa to Nigeria have increased at an annualized rate of 8.96%, from $51.3M in 1995 to $521M in 2022.

In 2022, Nigeria exported $2.25B to South Africa. The main products exported from Nigeria to South Africa were Crude Petroleum ($2.16B), Petroleum Gas ($64.3M), and Rubber ($6.82M). During the last 27 years the exports of Nigeria to South Africa have increased at an annualized rate of 23.7%, from $7.25M in 1995 to $2.25B in 2022.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Nigeria
Top DestinationSpain$9.41B

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

In 2021, countries that imported more from South Africa than Nigeria were China ($23.4B), Germany ($9.96B), and Japan ($8.85B).

In 2021, countries that imported more from Nigeria than South Africa were Spain ($9.41B), France ($4.95B), and Indonesia ($3.83B).

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

Comparative Advantage South Africa - Nigeria

Flow
Scale

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

During 2022, South Africa had a large net trade with Nigeria in the exports of Plastics and Rubbers ($119M), Machines ($79.8M), and Chemical Products ($75.6M).

During 2022, Nigeria had a large net trade with South Africa in the exports of Mineral Products ($2.22B), Plastics and Rubbers ($7.86M), and Stone And Glass ($5.75M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Africa has comparative advantage over Nigeria. Similarly, the more yellow a dot/product is, the more Nigeria has comparative advantage over South Africa.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms