2022
Flag  
GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 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 
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 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

Mexico-South Africa Trade: In 2022, Mexico exported $465M to South Africa. The main products that Mexico exported to South Africa were Cars ($62.3M), Medical Instruments ($39.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($29.6M). Over the past 5 years the exports of Mexico to South Africa have increased at an annualized rate of 0.035%, from $464M in 2017 to $465M in 2022.

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

South Africa-Mexico Trade: In 2022, South Africa exported $365M to Mexico. The main products that South Africa exported to Mexico were Delivery Trucks ($63.1M), Corn ($61.2M), and Large Flat-Rolled Stainless Steel ($39.6M). Over the past 5 years the exports of South Africa to Mexico have increased at an annualized rate of 22.9%,  from $130M in 2017 to $365M in 2022.

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

Comparison: In 2022,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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, Mexico exported $465M to South Africa. The main products exported from Mexico to South Africa were Cars ($62.3M), Medical Instruments ($39.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($29.6M). During the last 5 years the exports of Mexico to South Africa have increased at an annualized rate of 0.035%, from $464M in 2017 to $465M in 2022.

In 2017, South Africa exported $365M to Mexico. The main products exported from South Africa to Mexico were Delivery Trucks ($63.1M), Corn ($61.2M), and Large Flat-Rolled Stainless Steel ($39.6M). During the last 5 years the exports of South Africa to Mexico have increased at an annualized rate of 22.9%, from $130M in 2022 to $365M in 2017.

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

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

Latest Data

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

Mexico Exports

South Africa Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Mexico than South Africa included United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

In 2022, countries that imported more from South Africa than Mexico included China ($23.4B), Mozambique ($5.43B), and India ($9.14B).

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

Comparative Advantage Mexico - South Africa

Flow
Scale

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

During 2022, Mexico had a large net trade with South Africa in the exports of Machines ($188M), Transportation ($116M), and Instruments ($65.5M).

During 2017, South Africa had a large net trade with Mexico in the exports of Metals ($90.7M), Transportation ($76.7M), and Vegetable Products ($62.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mexico South Africa+$86.2MCars
Top Product Potential South Africa Mexico+$35.7MDelivery Trucks

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with