2022
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GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH
-22.1%CURRENT US$
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2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
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GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Brazil-South Africa Trade: In 2022, Brazil exported $1.76B to South Africa. The main products that Brazil exported to South Africa were Refined Petroleum ($270M), Poultry Meat ($200M), and Tractors ($108M). Over the past 5 years the exports of Brazil to South Africa have increased at an annualized rate of 2.62%, from $1.55B in 2017 to $1.76B in 2022.

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

South Africa-Brazil Trade: In 2022, South Africa exported $851M to Brazil. The main products that South Africa exported to Brazil were Platinum ($297M), Coal Briquettes ($81.1M), and Centrifuges ($79.7M). Over the past 5 years the exports of South Africa to Brazil have increased at an annualized rate of 11%,  from $506M in 2017 to $851M in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). 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, Brazil exported $1.76B to South Africa. The main products exported from Brazil to South Africa were Refined Petroleum ($270M), Poultry Meat ($200M), and Tractors ($108M). During the last 5 years the exports of Brazil to South Africa have increased at an annualized rate of 2.62%, from $1.55B in 2017 to $1.76B in 2022.

In 2017, South Africa exported $851M to Brazil. The main products exported from South Africa to Brazil were Platinum ($297M), Coal Briquettes ($81.1M), and Centrifuges ($79.7M). During the last 5 years the exports of South Africa to Brazil have increased at an annualized rate of 11%, from $506M in 2022 to $851M in 2017.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Brazil than South Africa included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from South Africa than Brazil included Mozambique ($5.43B), Switzerland ($6.43B), and Botswana ($4.74B).

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

Comparative Advantage Brazil - South Africa

Flow
Scale

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

During 2022, Brazil had a large net trade with South Africa in the exports of Mineral Products ($324M), Machines ($244M), and Animal Products ($230M).

During 2017, South Africa had a large net trade with Brazil in the exports of Precious Metals ($297M), Mineral Products ($159M), and Machines ($111M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil South Africa+$158MRefined Petroleum
Top Product Potential South Africa Brazil+$86.3MCoal Briquettes

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 Brazil and South Africa. This means that a dot/product with the flag of Brazil 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 Brazil.

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

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