2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Canada-South Africa Trade: In 2022, Canada exported $388M to South Africa. The main products that Canada exported to South Africa were Planes, Helicopters, and/or Spacecraft ($48.5M), Gas Turbines ($28.6M), and Potassic Fertilizers ($20.8M). Over the past 5 years the exports of Canada to South Africa have increased at an annualized rate of 5.36%, from $299M in 2017 to $388M in 2022.

In 2020, Canada exported services to South Africa worth $60.4M, with Travel ($21.6M), Royalties and license fees ($15.7M), and Transportation ($10.4M) being the largest in terms of value.

South Africa-Canada Trade: In 2022, South Africa exported $1.62B to Canada. The main products that South Africa exported to Canada were Platinum ($852M), Gold ($174M), and Citrus ($91.5M). Over the past 5 years the exports of South Africa to Canada have increased at an annualized rate of 19.1%,  from $678M in 2017 to $1.62B in 2022.

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

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). 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, Canada exported $388M to South Africa. The main products exported from Canada to South Africa were Planes, Helicopters, and/or Spacecraft ($48.5M), Gas Turbines ($28.6M), and Potassic Fertilizers ($20.8M). During the last 5 years the exports of Canada to South Africa have increased at an annualized rate of 5.36%, from $299M in 2017 to $388M in 2022.

In 2017, South Africa exported $1.62B to Canada. The main products exported from South Africa to Canada were Platinum ($852M), Gold ($174M), and Citrus ($91.5M). During the last 5 years the exports of South Africa to Canada have increased at an annualized rate of 19.1%, from $678M in 2022 to $1.62B in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Canada than South Africa included United States ($438B), Mexico ($7.39B), and United Kingdom ($12.9B).

In 2022, countries that imported more from South Africa than Canada included Mozambique ($5.43B), Germany ($9.96B), and India ($9.14B).

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

Comparative Advantage Canada - South Africa

Flow
Scale

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

During 2022, Canada had a large net trade with South Africa in the exports of Machines ($145M), Transportation ($67.5M), and Chemical Products ($65.8M).

During 2017, South Africa had a large net trade with Canada in the exports of Precious Metals ($1.03B), Vegetable Products ($170M), and Chemical Products ($119M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada South Africa+$16.7MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential South Africa Canada+$126MGold

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

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

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