2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 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 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 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

Netherlands-South Africa Trade: In 2023, Netherlands exported $1.58B to South Africa. The main products that Netherlands exported to South Africa were Refined Petroleum ($360M), Computers ($122M), and Beer ($63.1M). Over the past 5 years the exports of Netherlands to South Africa have increased at an annualized rate of 5.51%, from $1.21B in 2018 to $1.58B in 2023.

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 2023, South Africa exported $3.15B to Netherlands. The main products that South Africa exported to Netherlands were Citrus ($450M), Iron Ore ($408M), and Raw Aluminium ($318M). Over the past 5 years the exports of South Africa to Netherlands have increased at an annualized rate of 1.93%,  from $2.86B in 2018 to $3.15B in 2023.

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

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). 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, Netherlands exported $1.58B to South Africa. The main products exported from Netherlands to South Africa were Refined Petroleum ($360M), Computers ($122M), and Beer ($63.1M). During the last 5 years the exports of Netherlands to South Africa have increased at an annualized rate of 5.51%, from $1.21B in 2018 to $1.58B in 2023.

In 2018, South Africa exported $3.15B to Netherlands. The main products exported from South Africa to Netherlands were Citrus ($450M), Iron Ore ($408M), and Raw Aluminium ($318M). During the last 5 years the exports of South Africa to Netherlands have increased at an annualized rate of 1.93%, from $2.86B in 2023 to $3.15B in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
South Africa
Top Destination
China$29.5B

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 2023, countries that imported more from Netherlands than South Africa included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from South Africa than Netherlands included China ($29.5B), India ($10.8B), and Mozambique ($6.13B).

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

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 2023, Netherlands had a large net trade with South Africa in the exports of Mineral Products ($452M), Machines ($288M), and Chemical Products ($242M).

During 2018, South Africa had a large net trade with Netherlands in the exports of Vegetable Products ($1.08B), Mineral Products ($839M), and Metals ($671M).

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) (2023)

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