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Pricing

2022
Flag → Flag
Exports $1.32BRnk 25 / 214
2022
Flag → Flag
Top Product $567MGold
2022
Flag → Flag
Exports $1.77BRnk 35 / 219
2022
Flag → Flag
Top Product $1.09BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
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Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
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$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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
Flag
GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

South Africa-Turkey Trade: In 2022, South Africa exported $1.32B to Turkey. The main products that South Africa exported to Turkey were Gold ($567M), Iron Ore ($150M), and Cars ($83.2M). Over the past 5 years the exports of South Africa to Turkey have decreased at an annualized rate of 2.65%, from $1.51B in 2017 to $1.32B in 2022.

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

Turkey-South Africa Trade: In 2022, Turkey exported $1.77B to South Africa. The main products that Turkey exported to South Africa were Refined Petroleum ($1.09B), Motor vehicles; parts and accessories (8701 to 8705) ($48.1M), and Tractors ($20.5M). Over the past 5 years the exports of Turkey to South Africa have increased at an annualized rate of 27.4%,  from $526M in 2017 to $1.77B in 2022.

In 2009, Turkey exported services to South Africa worth $3.1M, with Other business services ($3.1M) 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Latest Trends

September, 2024

About

Overview In September 2024, South Africa exported ZAR977M and imported ZAR1.12B from Turkey, resulting in a negative trade balance of ZAR141M. Between September 2023 and September 2024 the exports of South Africa have increased by ZAR282M (40.7%) from ZAR695M to ZAR977M, while imports decreased by ZAR-208M (-15.7%) from ZAR1.33B to ZAR1.12B.

Trade In September 2024, the top exports of South Africa to Turkey were Chromium Ore (ZAR109M), Centrifuges (ZAR88.1M), Cameras (ZAR15.9M), Stone Processing Machines (ZAR14.9M), and Vegetable Tanning Extracts (ZAR14.1M). In September 2024 the top imports of South Africa from Turkey were Refined Petroleum (ZAR616M), Petroleum Coke (ZAR98.9M), Commodities not elsewhere specified (ZAR81.1M), Motor vehicles; parts and accessories (8701... (ZAR49M), and Glass Bottles (ZAR46.5M).

Origins In September 2024 the exports of South Africa were mainly from Durban (ZAR280M), Richards Bay (ZAR241M), Pongola (ZAR204M), Saldanha Bay (ZAR105M), and Cape Town (ZAR59.5M), while imports destinations were mainly Durban (ZAR636M), Port Elizabeth (ZAR152M), Cape Town (ZAR143M), O.R. Tambo Int Airport (ZAR77.9M), and Johannesburg (ZAR48.2M).

Growth In September 2024, the increase in South Africa's year-by-year exports to Turkey was explained primarily by an increase in product exports in Chromium Ore (ZAR46M or 73%), Centrifuges (ZAR22.5M or 34.3%), and Stone Processing Machines (ZAR14.8M or 20.9k%). In September 2024, the decrease in South Africa's year-by-year imports  from Turkey was explained primarily by an decrease in product imports  in Other Sugars (ZAR-11.3M or -63.3%), Non-woven Textiles (ZAR-9.18M or -67%), and Cars (ZAR-8.77M or -98.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)ZAR282M(40.7%)
IMPORT GROWTH (September 2023 - September 2024)ZAR-208M(-15.7%)
MAIN EXPORTER (September 2024)DurbanZAR280M

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

For full datasets download visit Bulk Download page.

Explore Turkey and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $1.32B to Turkey. The main products exported from South Africa to Turkey were Gold ($567M), Iron Ore ($150M), and Cars ($83.2M). During the last 5 years the exports of South Africa to Turkey have decreased at an annualized rate of 2.65%, from $1.51B in 2017 to $1.32B in 2022.

In 2017, Turkey exported $1.77B to South Africa. The main products exported from Turkey to South Africa were Refined Petroleum ($1.09B), Motor vehicles; parts and accessories (8701 to 8705) ($48.1M), and Tractors ($20.5M). During the last 5 years the exports of Turkey to South Africa have increased at an annualized rate of 27.4%, from $526M in 2022 to $1.77B in 2017.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Turkey
Top DestinationGermany$21.9B

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

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

In 2022, countries that imported more from Turkey than South Africa included Iraq ($13.7B), Germany ($21.9B), and Italy ($12.6B).

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

Comparative Advantage South Africa - Turkey

Flow
Scale

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

During 2022, South Africa had a large net trade with Turkey in the exports of Precious Metals ($567M), Mineral Products ($274M), and Instruments ($123M).

During 2017, Turkey had a large net trade with South Africa in the exports of Mineral Products ($1.11B), Machines ($171M), and Transportation ($106M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Turkey+$245MGold
Top Product Potential Turkey South Africa+$34.3MMotor vehicles; parts and accessories (8701 to 8705)

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

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

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