Singapore (SGP) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Singapore-South Africa Trade: In 2023, Singapore exported $884M to South Africa. The main products that Singapore exported to South Africa were Refined Petroleum ($582M), Large Construction Vehicles ($24.3M), and Antiknock ($23M). Over the past 5 years the exports of Singapore to South Africa have increased at an annualized rate of 7.66%, from $611M in 2018 to $884M in 2023.

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

South Africa-Singapore Trade: In 2023, South Africa exported $732M to Singapore. The main products that South Africa exported to Singapore were N/A. Over the past 5 years the exports of South Africa to Singapore have decreased at an annualized rate of 0.54%, from $752M in 2018 to $732M in 2023.

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

Comparison: In 2023, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Singapore exported $884M to South Africa. The main products exported from Singapore to South Africa were Refined Petroleum ($582M), Large Construction Vehicles ($24.3M), and Antiknock ($23M). During the last 5 years the exports of Singapore to South Africa have increased at an annualized rate of 7.66%, from $611M in 2018 to $884M in 2023.

In 2018, South Africa exported $732M to Singapore. There were not main exports from South Africa to Singapore in 2018. During the last 5 years the exports of South Africa to Singapore have decreased at an annualized rate of 0.54%, from $752M in 2023 to $732M in 2018.

Exports from Singapore () to South Africa () (2023)

Exports from South Africa () to Singapore () (2023)

Latest Data

Trade between Singapore () and South Africa ()

Singapore Exports

Date

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$44.5B

South Africa
Top DestinationChina$29.5B

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 2023, countries that imported more from Singapore than South Africa included Hong Kong ($44.5B), Malaysia ($31.4B), and United States ($32.9B).

In 2023, countries that imported more from South Africa than Singapore included United Kingdom ($9.01B), Mozambique ($6.13B), and Botswana ($4.28B).

Difference in imports from South Africa () and Singapore () (2023)

Comparative Advantage Singapore - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Singapore had a large net trade with South Africa in the exports of Mineral Products ($584M), Machines ($89.3M), and Chemical Products ($63.5M).

During 2018, South Africa had a large net trade with Singapore in the exports of Mineral Products ($265M), Chemical Products ($138M), and Metals ($98.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to South Africa () (2023)

Exports from South Africa () to Singapore () (2023)

Latest Data

Trade between Singapore () and South Africa ()

Singapore Exports

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Singapore () (2023)

Comparative Advantage Singapore - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Singapore () and South Africa () (2023)

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