Argentina (ARG) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Argentina-South Africa Trade: In 2023, Argentina exported $217M to South Africa. The main products that Argentina exported to South Africa were Soybean Meal ($49.1M), Seed Oils ($35.4M), and Wheat ($11.9M). Over the past 5 years the exports of Argentina to South Africa have decreased at an annualized rate of 15%, from $490M in 2018 to $217M in 2023.

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

South Africa-Argentina Trade: In 2023, South Africa exported $159M to Argentina. The main products that South Africa exported to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($26.6M), Centrifuges ($23M), and Large Flat-Rolled Stainless Steel ($13.5M). Over the past 5 years the exports of South Africa to Argentina have decreased at an annualized rate of 2.97%, from $228M in 2018 to $159M in 2023.

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

Comparison: In 2023, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Argentina exported $217M to South Africa. The main products exported from Argentina to South Africa were Soybean Meal ($49.1M), Seed Oils ($35.4M), and Wheat ($11.9M). During the last 5 years the exports of Argentina to South Africa have decreased at an annualized rate of 15%, from $490M in 2018 to $217M in 2023.

In 2018, South Africa exported $159M to Argentina. The main products exported from South Africa to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($26.6M), Centrifuges ($23M), and Large Flat-Rolled Stainless Steel ($13.5M). During the last 5 years the exports of South Africa to Argentina have decreased at an annualized rate of 2.97%, from $228M in 2023 to $159M in 2018.

Exports from Argentina () to South Africa () (2023)

Exports from South Africa () to Argentina () (2023)

Latest Data

Trade between Argentina () and South Africa ()

Argentina Exports

Date

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Argentina
Top DestinationBrazil$12.1B

South Africa
Top DestinationChina$29.5B

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 2023, countries that imported more from Argentina than South Africa included Brazil ($12.1B), Chile ($5.57B), and Peru ($2.55B).

In 2023, countries that imported more from South Africa than Argentina included China ($29.5B), Germany ($10.8B), and India ($10.8B).

Difference in imports from South Africa () and Argentina () (2023)

Comparative Advantage Argentina - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Argentina had a large net trade with South Africa in the exports of Foodstuffs ($62.8M), Animal and Vegetable Bi-Products ($39.5M), and Animal Products ($31.6M).

During 2018, South Africa had a large net trade with Argentina in the exports of Machines ($43.5M), Transportation ($32.8M), and Metals ($31.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Argentina () to South Africa () (2023)

Exports from South Africa () to Argentina () (2023)

Latest Data

Trade between Argentina () and South Africa ()

Argentina Exports

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Argentina () (2023)

Comparative Advantage Argentina - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Argentina () and South Africa () (2023)

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