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2022
Flag → Flag
Exports $64.7MRnk 85 / 214
2022
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Top Product $12.4MFerroalloys
2022
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Exports $743MRnk 34 / 217
2022
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Top Product $142MCombustion Engines
2022
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Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
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Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
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$471BCURRENT US$
Rnk 32 / 186
2012-2022
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GDP GROWTH15.1%CURRENT US$
Rnk 137 / 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
2022
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GDP PC$52,131CURRENT US$
Rnk 17 / 186
2012-2022
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GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

South Africa-Austria Trade: In 2022, South Africa exported $64.7M to Austria. The main products that South Africa exported to Austria were Ferroalloys ($12.4M), Centrifuges ($8.4M), and Combustion Engines ($6.47M). Over the past 5 years the exports of South Africa to Austria have decreased at an annualized rate of 11.6%, from $120M in 2017 to $64.7M in 2022.

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

Austria-South Africa Trade: In 2022, Austria exported $743M to South Africa. The main products that Austria exported to South Africa were Combustion Engines ($142M), Spark-Ignition Engines ($78.6M), and Flavored Water ($58.8M). Over the past 5 years the exports of Austria to South Africa have increased at an annualized rate of 8.04%,  from $504M in 2017 to $743M in 2022.

In 2020, Austria exported services to South Africa worth $82.2M, with Transportation ($22.8M), Other business services ($20.6M), and Computer and information services ($11.4M) 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Latest Trends

June, 2024

About

Overview In June 2024, South Africa exported ZAR48.9M and imported ZAR1.42B from Austria, resulting in a negative trade balance of ZAR1.37B. Between June 2023 and June 2024 the exports of South Africa have decreased by ZAR-15.3M (-23.8%) from ZAR64.2M to ZAR48.9M, while imports increased by ZAR54.1M (3.96%) from ZAR1.37B to ZAR1.42B.

Trade In June 2024, the top exports of South Africa to Austria were Coin (ZAR63.1M), Ferroalloys (ZAR55.1M), Centrifuges (ZAR18.7M), Other Nuts (ZAR2.65M), and Refractory Cements (ZAR2.14M). In June 2024 the top imports of South Africa from Austria were Commodities not elsewhere specified (ZAR392M), Packaged Medicaments (ZAR77.6M), Flavored Water (ZAR55.8M), Large Construction Vehicles (ZAR45.4M), and Cellulose Fibers Paper (ZAR35.1M).

Origins In June 2024 the exports of South Africa were mainly from Durban (ZAR18.5M), Cape Town Int Airport (ZAR12.9M), O.R. Tambo Int Airport (ZAR9.06M), Johannesburg (ZAR3.81M), and Cape Town (ZAR3.23M), while imports destinations were mainly Pretoria (ZAR480M), Durban (ZAR397M), O.R. Tambo Int Airport (ZAR187M), Port Elizabeth (ZAR158M), and East London (ZAR117M).

Growth In June 2024, the decrease in South Africa's year-by-year exports to Austria was explained primarily by an decrease in product exports in Raw Bones (ZAR-1.81k or -68.2%) and Tanned Furskins (ZAR-497 or -3.94%). In June 2024, the increase in South Africa's year-by-year imports  from Austria was explained primarily by an increase in product imports  in Commodities not elsewhere specified (ZAR187M or 90.8%), Large Construction Vehicles (ZAR33.5M or 279%), and Packaged Medicaments (ZAR22.8M or 41.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)ZAR-15.3M(-23.8%)
IMPORT GROWTH (June 2023 - June 2024)ZAR54.1M(3.96%)
MAIN EXPORTER (June 2024)DurbanZAR18.5M

This section shows exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of South Africa over time.

To check Austria and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Austria and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $64.7M to Austria. The main products exported from South Africa to Austria were Ferroalloys ($12.4M), Centrifuges ($8.4M), and Combustion Engines ($6.47M). During the last 5 years the exports of South Africa to Austria have decreased at an annualized rate of 11.6%, from $120M in 2017 to $64.7M in 2022.

In 2017, Austria exported $743M to South Africa. The main products exported from Austria to South Africa were Combustion Engines ($142M), Spark-Ignition Engines ($78.6M), and Flavored Water ($58.8M). During the last 5 years the exports of Austria to South Africa have increased at an annualized rate of 8.04%, from $504M in 2022 to $743M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from South Africa than Austria included China ($23.4B), India ($9.14B), and Japan ($8.85B).

In 2022, countries that imported more from Austria than South Africa included Germany ($57.7B), Italy ($13.6B), and Hungary ($10.4B).

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

Comparative Advantage South Africa - Austria

Flow
Scale

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

During 2022, South Africa had a large net trade with Austria in the exports of Machines ($19.1M), Metals ($15.6M), and Transportation ($6.11M).

During 2017, Austria had a large net trade with South Africa in the exports of Machines ($352M), Chemical Products ($77.2M), and Foodstuffs ($68.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Austria+$7.79MCentrifuges
Top Product Potential Austria South Africa+$24.1MCars

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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Bilateral Service Trade

In 2020, Austria exported services to South Africa worth $82.2M, with Transportation ($22.8M), Other business services ($20.6M), and Computer and information services ($11.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria (Flag) to South Africa (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Africa and Austria. This means that a dot/product with the flag of South Africa indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over South Africa.

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

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