2022
Flag  
GDP
$633BCURRENT US$
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2012-2022
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GDP GROWTH
15.9%CURRENT US$
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2022
Flag
 GDP
$406BCURRENT US$
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2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
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2022
Flag
GDP PC 
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
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2022
Flag
GDP PC
$6,776CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
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About

Argentina-South Africa Trade: In 2022, Argentina exported $438M to South Africa. The main products that Argentina exported to South Africa were Wheat ($108M), Soybean Meal ($84.6M), and Delivery Trucks ($47.6M). Over the past 5 years the exports of Argentina to South Africa have decreased at an annualized rate of 3.82%, from $532M in 2017 to $438M in 2022.

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

South Africa-Argentina Trade: In 2022, South Africa exported $190M to Argentina. The main products that South Africa exported to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($37.4M), Centrifuges ($25.5M), and Large Flat-Rolled Stainless Steel ($23.2M). Over the past 5 years the exports of South Africa to Argentina have decreased at an annualized rate of 0.64%,  from $196M in 2017 to $190M in 2022.

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

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $438M to South Africa. The main products exported from Argentina to South Africa were Wheat ($108M), Soybean Meal ($84.6M), and Delivery Trucks ($47.6M). During the last 5 years the exports of Argentina to South Africa have decreased at an annualized rate of 3.82%, from $532M in 2017 to $438M in 2022.

In 2017, South Africa exported $190M to Argentina. The main products exported from South Africa to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($37.4M), Centrifuges ($25.5M), and Large Flat-Rolled Stainless Steel ($23.2M). During the last 5 years the exports of South Africa to Argentina have decreased at an annualized rate of 0.64%, from $196M in 2022 to $190M in 2017.

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

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

Latest Data

Trade between Argentina (Flag) and South Africa (Flag)

Argentina Exports

South Africa Exports

Market Competitiveness

Color
Argentina
Top Destination
Brazil$12.6B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Argentina than South Africa included Brazil ($12.6B), Chile ($5.11B), and Vietnam ($3.25B).

In 2022, countries that imported more from South Africa than Argentina included China ($23.4B), Germany ($9.96B), and Japan ($8.85B).

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

Comparative Advantage Argentina - South Africa

Flow
Scale

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

During 2022, Argentina had a large net trade with South Africa in the exports of Vegetable Products ($116M), Foodstuffs ($96.8M), and Animal and Vegetable Bi-Products ($75.3M).

During 2017, South Africa had a large net trade with Argentina in the exports of Machines ($56.4M), Transportation ($44.4M), and Metals ($39.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina South Africa+$17.9MDelivery Trucks
Top Product Potential South Africa Argentina+$16.1MMotor 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 Argentina and South Africa. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over South Africa. Similarly, a dot/product with the flag of South Africa indicates it has a comparative advantage over Argentina.

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

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