2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC
$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

Estonia-South Africa Trade: In 2023, Estonia exported $24M to South Africa. The main products that Estonia exported to South Africa were Thermostats ($2.46M), Rare-Earth Metal Compounds ($2.33M), and Hand Saws ($1.71M). Over the past 5 years the exports of Estonia to South Africa have decreased at an annualized rate of 5.85%, from $32.4M in 2018 to $24M in 2023.

In 2020, Estonia exported services to South Africa worth $46.8M, with Other business services ($44.1M), Computer and information services ($2.06M), and Transportation ($343k) being the largest in terms of value.

South Africa-Estonia Trade: In 2023, South Africa exported $61.8M to Estonia. The main products that South Africa exported to Estonia were Delivery Trucks ($51.2M), Wine ($1.68M), and Citrus ($1.5M). Over the past 5 years the exports of South Africa to Estonia have increased at an annualized rate of 15.4%,  from $30.2M in 2018 to $61.8M in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. 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
Value

In 2023, Estonia exported $24M to South Africa. The main products exported from Estonia to South Africa were Thermostats ($2.46M), Rare-Earth Metal Compounds ($2.33M), and Hand Saws ($1.71M). During the last 5 years the exports of Estonia to South Africa have decreased at an annualized rate of 5.85%, from $32.4M in 2018 to $24M in 2023.

In 2018, South Africa exported $61.8M to Estonia. The main products exported from South Africa to Estonia were Delivery Trucks ($51.2M), Wine ($1.68M), and Citrus ($1.5M). During the last 5 years the exports of South Africa to Estonia have increased at an annualized rate of 15.4%, from $30.2M in 2023 to $61.8M in 2018.

Exports from Estonia (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Estonia (Flag) (2023)

Latest Data

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

Estonia Exports

South Africa Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
South Africa
Top Destination
China$29.5B

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

In 2023, countries that imported more from Estonia than South Africa included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from South Africa than Estonia included China ($29.5B), United States ($13B), and India ($10.8B).

Difference in imports from South Africa (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - South Africa

Flow
Scale

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

During 2023, Estonia had a large net trade with South Africa in the exports of Machines ($8.12M), Instruments ($5.21M), and Chemical Products ($3.81M).

During 2018, South Africa had a large net trade with Estonia in the exports of Transportation ($52.1M), Vegetable Products ($4.87M), and Foodstuffs ($2.03M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Estonia and South Africa. This means that a dot/product with the flag of Estonia 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 Estonia.

Product Space of Estonia (Flag) and South Africa (Flag) (2023)

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