2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
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 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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2022
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GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 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

Saudi Arabia-South Africa Trade: In 2022, Saudi Arabia exported $4.5B to South Africa. The main products that Saudi Arabia exported to South Africa were Refined Petroleum ($2.07B), Crude Petroleum ($1.54B), and Ethylene Polymers ($226M). Over the past 5 years the exports of Saudi Arabia to South Africa have increased at an annualized rate of 2.97%, from $3.89B in 2017 to $4.5B in 2022.

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

South Africa-Saudi Arabia Trade: In 2022, South Africa exported $404M to Saudi Arabia. The main products that South Africa exported to Saudi Arabia were Citrus ($64.7M), Acyclic Hydrocarbons ($34.8M), and Delivery Trucks ($26.9M). Over the past 5 years the exports of South Africa to Saudi Arabia have decreased at an annualized rate of 13.3%,  from $826M in 2017 to $404M in 2022.

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

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $4.5B to South Africa. The main products exported from Saudi Arabia to South Africa were Refined Petroleum ($2.07B), Crude Petroleum ($1.54B), and Ethylene Polymers ($226M). During the last 5 years the exports of Saudi Arabia to South Africa have increased at an annualized rate of 2.97%, from $3.89B in 2017 to $4.5B in 2022.

In 2017, South Africa exported $404M to Saudi Arabia. The main products exported from South Africa to Saudi Arabia were Citrus ($64.7M), Acyclic Hydrocarbons ($34.8M), and Delivery Trucks ($26.9M). During the last 5 years the exports of South Africa to Saudi Arabia have decreased at an annualized rate of 13.3%, from $826M in 2022 to $404M in 2017.

Exports from Saudi Arabia (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and South Africa (Flag)

Saudi Arabia Exports

South Africa Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Saudi Arabia than South Africa included China ($68B), India ($46.2B), and South Korea ($36B).

In 2022, countries that imported more from South Africa than Saudi Arabia included Germany ($9.96B), Switzerland ($6.43B), and Mozambique ($5.43B).

Difference in imports from South Africa (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - South Africa

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with South Africa in the exports of Mineral Products ($3.64B), Chemical Products ($508M), and Plastics and Rubbers ($307M).

During 2017, South Africa had a large net trade with Saudi Arabia in the exports of Vegetable Products ($119M), Chemical Products ($59.1M), and Transportation ($55.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia South Africa+$114MCrude Petroleum
Top Product Potential South Africa Saudi Arabia+$48.6MCars

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

Product Space of Saudi Arabia (Flag) and South Africa (Flag) (2022)

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