2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC 
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

South Africa-Australia Trade: In 2022, South Africa exported $946M to Australia. The main products that South Africa exported to Australia were Cars ($231M), Delivery Trucks ($40.4M), and Explosive Ammunition ($34.5M). Over the past 5 years the exports of South Africa to Australia have increased at an annualized rate of 0.13%, from $941M in 2017 to $946M in 2022.

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

Australia-South Africa Trade: In 2022, Australia exported $1.38B to South Africa. The main products that Australia exported to South Africa were Aluminium Oxide ($519M), Coal Briquettes ($268M), and Wheat ($180M). Over the past 5 years the exports of Australia to South Africa have increased at an annualized rate of 3.55%,  from $1.16B in 2017 to $1.38B in 2022.

In 2009, Australia exported services to South Africa worth $319M, with Travel ($146M), Transportation ($103M), and Other business services ($49.9M) being the largest in terms of value.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $946M to Australia. The main products exported from South Africa to Australia were Cars ($231M), Delivery Trucks ($40.4M), and Explosive Ammunition ($34.5M). During the last 5 years the exports of South Africa to Australia have increased at an annualized rate of 0.13%, from $941M in 2017 to $946M in 2022.

In 2017, Australia exported $1.38B to South Africa. The main products exported from Australia to South Africa were Aluminium Oxide ($519M), Coal Briquettes ($268M), and Wheat ($180M). During the last 5 years the exports of Australia to South Africa have increased at an annualized rate of 3.55%, from $1.16B in 2022 to $1.38B in 2017.

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

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

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Australia
Top Destination
China$123B

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

In 2022, countries that imported more from South Africa than Australia included Germany ($9.96B), Mozambique ($5.43B), and Botswana ($4.74B).

In 2022, countries that imported more from Australia than South Africa included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage South Africa - Australia

Flow
Scale

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

During 2022, South Africa had a large net trade with Australia in the exports of Transportation ($312M), Machines ($162M), and Metals ($104M).

During 2017, Australia had a large net trade with South Africa in the exports of Chemical Products ($560M), Mineral Products ($273M), and Vegetable Products ($225M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Australia+$133MCars
Top Product Potential Australia South Africa+$40.4MCoal Briquettes

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 South Africa and Australia. This means that a dot/product with the flag of South Africa indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over South Africa.

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

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