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2023
Flag → Flag
Exports $732MRnk 30 / 211
2023
Flag → Flag
Top Product $116MManganese Ore
2023
Flag → Flag
Exports $884MRnk 35 / 217
2023
Flag → Flag
Top Product $582MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
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Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag  
GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
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GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
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 GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
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GDP GROWTH63%CURRENT US$
Rnk 47 / 195
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$
Rnk 178 / 195
2023
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GDP PC$84,734CURRENT US$
Rnk 8 / 196
2013-2023
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GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195

About

South Africa-Singapore Trade: In 2023, South Africa exported $732M to Singapore. The main products that South Africa exported to Singapore were Manganese Ore ($116M), Acyclic Hydrocarbons ($73.6M), and Refined Petroleum ($53.9M). Over the past 5 years the exports of South Africa to Singapore have decreased at an annualized rate of 0.54%, from $752M in 2018 to $732M in 2023.

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

Singapore-South Africa Trade: In 2023, Singapore exported $884M to South Africa. The main products that Singapore exported to South Africa were Refined Petroleum ($582M), Large Construction Vehicles ($24.3M), and Antiknock ($23M). Over the past 5 years the exports of Singapore to South Africa have increased at an annualized rate of 7.66%,  from $611M in 2018 to $884M in 2023.

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

Comparison: In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Latest Trends

November, 2024

About

Overview In November 2024, South Africa exported ZAR1.07B and imported ZAR307M from Singapore, resulting in a positive trade balance of ZAR760M. Between November 2023 and November 2024 the exports of South Africa have decreased by ZAR-414M (-28%) from ZAR1.48B to ZAR1.07B, while imports decreased by ZAR-1.21B (-79.8%) from ZAR1.52B to ZAR307M.

Trade In November 2024, the top exports of South Africa to Singapore were Manganese Ore (ZAR158M), Acyclic Hydrocarbons (ZAR83M), Refined Petroleum (ZAR56M), Ketones and Quinones (ZAR49.6M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) (ZAR48.9M). In November 2024 the top imports of South Africa from Singapore were Refined Petroleum (ZAR1.59B), Computers (ZAR58.4M), Organo-Sulfur Compounds (ZAR48.8M), Antiknock (ZAR43.1M), and Navigation Equipment (ZAR30.2M).

Origins In November 2024 the exports of South Africa were mainly from Durban (ZAR629M), Narogas (ZAR164M), Cape Town (ZAR76.3M), East London (ZAR73.1M), and O.R. Tambo Int Airport (ZAR69.8M), while imports destinations were mainly Durban (ZAR126M), O.R. Tambo Int Airport (ZAR88.3M), Port Elizabeth (ZAR51M), Johannesburg (ZAR25M), and Cape Town (ZAR12.5M).

Growth In November 2024, the decrease in South Africa's year-by-year exports to Singapore was explained primarily by an decrease in product exports in Acyclic Hydrocarbons (ZAR-87.4M or -51.3%), Aluminium Plating (ZAR-10.7M or -77.9%), and Grapes (ZAR-5.41M or -15.8%). In November 2024, the decrease in South Africa's year-by-year imports  from Singapore was explained primarily by an decrease in product imports  in Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) (ZAR-40.3M or -94.6%), Cleaning Products (ZAR-8.17M or -53%), and Ethylene Polymers (ZAR-7.45M or -93.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)ZAR-414M(-28%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-1.21B(-79.8%)
MAIN EXPORTER (November 2024)DurbanZAR629M

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

For full datasets download visit Bulk Download page.

Explore Singapore and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $732M to Singapore. The main products exported from South Africa to Singapore were Manganese Ore ($116M), Acyclic Hydrocarbons ($73.6M), and Refined Petroleum ($53.9M). During the last 5 years the exports of South Africa to Singapore have decreased at an annualized rate of 0.54%, from $752M in 2018 to $732M in 2023.

In 2018, Singapore exported $884M to South Africa. The main products exported from Singapore to South Africa were Refined Petroleum ($582M), Large Construction Vehicles ($24.3M), and Antiknock ($23M). During the last 5 years the exports of Singapore to South Africa have increased at an annualized rate of 7.66%, from $611M in 2023 to $884M in 2018.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Singapore
Top DestinationHong Kong$44.5B

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

In 2023, countries that imported more from South Africa than Singapore included United Kingdom ($9.01B), Mozambique ($6.13B), and Botswana ($4.28B).

In 2023, countries that imported more from Singapore than South Africa included Hong Kong ($44.5B), Malaysia ($31.4B), and United States ($32.9B).

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

Comparative Advantage South Africa - Singapore

Flow
Scale

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

During 2023, South Africa had a large net trade with Singapore in the exports of Mineral Products ($265M), Chemical Products ($138M), and Metals ($98.2M).

During 2018, Singapore had a large net trade with South Africa in the exports of Mineral Products ($584M), Machines ($89.3M), and Chemical Products ($63.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Singapore+$207MGold
Top Product Potential Singapore South Africa+$362MRefined Petroleum

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

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

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