2022
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GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
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 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
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GDP PC 
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186
2022
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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

New Zealand-South Africa Trade: In 2022, New Zealand exported $135M to South Africa. The main products that New Zealand exported to South Africa were Non-fillet Frozen Fish ($14.8M), Slag Dross ($13.3M), and Casein ($12.4M). Over the past 5 years the exports of New Zealand to South Africa have decreased at an annualized rate of 5.22%, from $176M in 2017 to $135M in 2022.

In 2018, New Zealand exported services to South Africa worth $256M, with Travel ($226M), Government services, n.i.e. ($23.5M), and Royalties and license fees ($2.76M) being the largest in terms of value.

South Africa-New Zealand Trade: In 2022, South Africa exported $98.5M to New Zealand. The main products that South Africa exported to New Zealand were Cars ($15M), Kraft Paper ($11.8M), and Other Processed Fruits and Nuts ($8.42M). Over the past 5 years the exports of South Africa to New Zealand have decreased at an annualized rate of 3.07%,  from $115M in 2017 to $98.5M in 2022.

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

Comparison: In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). 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, New Zealand exported $135M to South Africa. The main products exported from New Zealand to South Africa were Non-fillet Frozen Fish ($14.8M), Slag Dross ($13.3M), and Casein ($12.4M). During the last 5 years the exports of New Zealand to South Africa have decreased at an annualized rate of 5.22%, from $176M in 2017 to $135M in 2022.

In 2017, South Africa exported $98.5M to New Zealand. The main products exported from South Africa to New Zealand were Cars ($15M), Kraft Paper ($11.8M), and Other Processed Fruits and Nuts ($8.42M). During the last 5 years the exports of South Africa to New Zealand have decreased at an annualized rate of 3.07%, from $115M in 2022 to $98.5M in 2017.

Exports from New Zealand (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and South Africa (Flag)

New Zealand Exports

South Africa Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$13.1B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from New Zealand than South Africa included Australia ($5.35B), Indonesia ($1.33B), and Philippines ($590M).

In 2022, countries that imported more from South Africa than New Zealand included China ($23.4B), Germany ($9.96B), and India ($9.14B).

Difference in imports from South Africa (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - South Africa

Flow
Scale

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

During 2022, New Zealand had a large net trade with South Africa in the exports of Animal Products ($47.2M), Chemical Products ($24.1M), and Machines ($16.8M).

During 2017, South Africa had a large net trade with New Zealand in the exports of Transportation ($19.9M), Foodstuffs ($17.3M), and Chemical Products ($13.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand South Africa+$3.83MConcentrated Milk
Top Product Potential South Africa New Zealand+$20.2MCars

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

Product Space of New Zealand (Flag) and South Africa (Flag) (2022)

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