2022
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GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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2022
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 GDP
$906BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
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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$
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2022
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GDP PC
$10,616CURRENT US$
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2012-2022
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GDP PC GROWTH
-9.24%CURRENT US$
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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).

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 Destination
China$23.4B
Turkey
Top Destination
Germany$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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