2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 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 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 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

Singapore-South Africa Trade: In 2022, Singapore exported $1.21B to South Africa. The main products that Singapore exported to South Africa were Refined Petroleum ($791M), Diamonds ($51.9M), and Organo-Sulfur Compounds ($27.9M). Over the past 5 years the exports of Singapore to South Africa have increased at an annualized rate of 16.4%, from $569M in 2017 to $1.21B in 2022.

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

South Africa-Singapore Trade: In 2022, South Africa exported $1.02B to Singapore. The main products that South Africa exported to Singapore were Gold ($350M), Acyclic Hydrocarbons ($137M), and Raw Aluminium ($112M). Over the past 5 years the exports of South Africa to Singapore have increased at an annualized rate of 7.99%,  from $694M in 2017 to $1.02B in 2022.

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

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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, Singapore exported $1.21B to South Africa. The main products exported from Singapore to South Africa were Refined Petroleum ($791M), Diamonds ($51.9M), and Organo-Sulfur Compounds ($27.9M). During the last 5 years the exports of Singapore to South Africa have increased at an annualized rate of 16.4%, from $569M in 2017 to $1.21B in 2022.

In 2017, South Africa exported $1.02B to Singapore. The main products exported from South Africa to Singapore were Gold ($350M), Acyclic Hydrocarbons ($137M), and Raw Aluminium ($112M). During the last 5 years the exports of South Africa to Singapore have increased at an annualized rate of 7.99%, from $694M in 2022 to $1.02B in 2017.

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

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

Latest Data

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

Singapore Exports

South Africa Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Singapore than South Africa included Hong Kong ($51.6B), Malaysia ($35.9B), and China ($51.2B).

In 2022, countries that imported more from South Africa than Singapore included Botswana ($4.74B), Mozambique ($5.43B), and United Kingdom ($6.31B).

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

Comparative Advantage Singapore - South Africa

Flow
Scale

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

During 2022, Singapore had a large net trade with South Africa in the exports of Mineral Products ($823M), Chemical Products ($109M), and Machines ($96.9M).

During 2017, South Africa had a large net trade with Singapore in the exports of Precious Metals ($364M), Chemical Products ($193M), and Mineral Products ($131M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore South Africa+$362MRefined Petroleum
Top Product Potential South Africa Singapore+N/AN/A

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

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

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