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2022
Flag → Flag
Exports $163MRnk 60 / 214
2022
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Top Product $20.4MWine
2022
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Exports $947MRnk 31 / 217
2022
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Top Product $143MTractors
2022
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Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
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Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
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 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC $6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
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GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

South Africa-Sweden Trade: In 2022, South Africa exported $163M to Sweden. The main products that South Africa exported to Sweden were Wine ($20.4M), Coal Briquettes ($17.7M), and Large Flat-Rolled Stainless Steel ($14.1M). Over the past 5 years the exports of South Africa to Sweden have decreased at an annualized rate of 3.44%, from $195M in 2017 to $163M in 2022.

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

Sweden-South Africa Trade: In 2022, Sweden exported $947M to South Africa. The main products that Sweden exported to South Africa were Tractors ($143M), Refined Petroleum ($123M), and Delivery Trucks ($65.5M). Over the past 5 years the exports of Sweden to South Africa have increased at an annualized rate of 2.13%,  from $852M in 2017 to $947M in 2022.

In 2020, Sweden exported services to South Africa worth $165M, with Computer and information services ($53.7M), Other business services ($37M), and Insurance services ($17.7M) 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Latest Trends

September, 2024

About

Overview In September 2024, South Africa exported ZAR170M and imported ZAR1.26B from Sweden, resulting in a negative trade balance of ZAR1.09B. Between September 2023 and September 2024 the exports of South Africa have increased by ZAR34.2M (25.1%) from ZAR136M to ZAR170M, while imports decreased by ZAR-85.4M (-6.34%) from ZAR1.35B to ZAR1.26B.

Trade In September 2024, the top exports of South Africa to Sweden were Ferroalloys (ZAR17.5M), Large Flat-Rolled Stainless Steel (ZAR11.6M), Other Electrical Machinery (ZAR9.52M), Wine (ZAR9.29M), and Grapes (ZAR6.63M). In September 2024 the top imports of South Africa from Sweden were Refined Petroleum (ZAR506M), Delivery Trucks (ZAR324M), Commodities not elsewhere specified (ZAR322M), Other Construction Vehicles (ZAR90.4M), and Excavation Machinery (ZAR85.7M).

Origins In September 2024 the exports of South Africa were mainly from O.R. Tambo Int Airport (ZAR78.4M), Cape Town (ZAR37M), Durban (ZAR28.4M), Paarl (ZAR11.4M), and Johannesburg (ZAR6.98M), while imports destinations were mainly Durban (ZAR859M), O.R. Tambo Int Airport (ZAR213M), Port Elizabeth (ZAR117M), Cape Town (ZAR36.4M), and Cape Town Int Airport (ZAR13.9M).

Growth In September 2024, the increase in South Africa's year-by-year exports to Sweden was explained primarily by an increase in product exports in Large Flat-Rolled Stainless Steel (ZAR10.2M or 713%), Other Electrical Machinery (ZAR8.99M or 1.69k%), and Broadcasting Accessories (ZAR3.86M or 783%). In September 2024, the decrease in South Africa's year-by-year imports  from Sweden was explained primarily by an decrease in product imports  in Large Flat-Rolled Stainless Steel (ZAR-11.6M or -53.8%), Flat Flat-Rolled Steel (ZAR-7.38M or -8.93%), and Combustion Engines (ZAR-5.88M or -20.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)ZAR34.2M(25.1%)
IMPORT GROWTH (September 2023 - September 2024)ZAR-85.4M(-6.34%)
MAIN EXPORTER (September 2024)O.R. Tambo Int AirportZAR78.4M

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

For full datasets download visit Bulk Download page.

Explore Sweden and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $163M to Sweden. The main products exported from South Africa to Sweden were Wine ($20.4M), Coal Briquettes ($17.7M), and Large Flat-Rolled Stainless Steel ($14.1M). During the last 5 years the exports of South Africa to Sweden have decreased at an annualized rate of 3.44%, from $195M in 2017 to $163M in 2022.

In 2017, Sweden exported $947M to South Africa. The main products exported from Sweden to South Africa were Tractors ($143M), Refined Petroleum ($123M), and Delivery Trucks ($65.5M). During the last 5 years the exports of Sweden to South Africa have increased at an annualized rate of 2.13%, from $852M in 2022 to $947M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Sweden
Top DestinationGermany$19.2B

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

In 2022, countries that imported more from South Africa than Sweden included China ($23.4B), India ($9.14B), and Japan ($8.85B).

In 2022, countries that imported more from Sweden than South Africa included Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

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

Comparative Advantage South Africa - Sweden

Flow
Scale

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

During 2022, South Africa had a large net trade with Sweden in the exports of Metals ($42.7M), Foodstuffs ($31.1M), and Machines ($26.2M).

During 2017, Sweden had a large net trade with South Africa in the exports of Machines ($322M), Transportation ($230M), and Mineral Products ($123M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Sweden+$16.3MCoal Briquettes
Top Product Potential Sweden South Africa+$69.2MRefined 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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Bilateral Service Trade

In 2020, Sweden exported services to South Africa worth $165M, with Computer and information services ($53.7M), Other business services ($37M), and Insurance services ($17.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Sweden (Flag) to South Africa (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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