2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
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 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 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

Netherlands-South Africa Trade: In 2022, Netherlands exported $2.18B to South Africa. The main products that Netherlands exported to South Africa were Refined Petroleum ($499M), Orthopedic Appliances ($80.8M), and Industrial Printers ($57.7M). Over the past 5 years the exports of Netherlands to South Africa have increased at an annualized rate of 3.32%, from $1.85B in 2017 to $2.18B in 2022.

In 2020, Netherlands exported services to South Africa worth $960M, with Royalties and license fees ($348M), Other business services ($207M), and Transportation ($193M) being the largest in terms of value.

South Africa-Netherlands Trade: In 2022, South Africa exported $5.07B to Netherlands. The main products that South Africa exported to Netherlands were Iron Ore ($993M), Coal Briquettes ($788M), and Grapes ($366M). Over the past 5 years the exports of South Africa to Netherlands have increased at an annualized rate of 12.6%,  from $2.8B in 2017 to $5.07B in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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, Netherlands exported $2.18B to South Africa. The main products exported from Netherlands to South Africa were Refined Petroleum ($499M), Orthopedic Appliances ($80.8M), and Industrial Printers ($57.7M). During the last 5 years the exports of Netherlands to South Africa have increased at an annualized rate of 3.32%, from $1.85B in 2017 to $2.18B in 2022.

In 2017, South Africa exported $5.07B to Netherlands. The main products exported from South Africa to Netherlands were Iron Ore ($993M), Coal Briquettes ($788M), and Grapes ($366M). During the last 5 years the exports of South Africa to Netherlands have increased at an annualized rate of 12.6%, from $2.8B in 2022 to $5.07B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Netherlands than South Africa included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from South Africa than Netherlands included China ($23.4B), Mozambique ($5.43B), and Botswana ($4.74B).

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

Comparative Advantage Netherlands - South Africa

Flow
Scale

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

During 2022, Netherlands had a large net trade with South Africa in the exports of Mineral Products ($543M), Machines ($438M), and Chemical Products ($426M).

During 2017, South Africa had a large net trade with Netherlands in the exports of Mineral Products ($2.19B), Vegetable Products ($1.1B), and Metals ($1.07B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands South Africa+$158MRefined Petroleum
Top Product Potential South Africa Netherlands+$28MFerroalloys

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

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

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