2022
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GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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2022
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 GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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GDP PC 
$6,776CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
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2022
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GDP PC
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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About

South Africa-Spain Trade: In 2022, South Africa exported $1.52B to Spain. The main products that South Africa exported to Spain were Delivery Trucks ($374M), Coal Briquettes ($166M), and Cars ($156M). Over the past 5 years the exports of South Africa to Spain have increased at an annualized rate of 2.69%, from $1.33B in 2017 to $1.52B in 2022.

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

Spain-South Africa Trade: In 2022, Spain exported $1.63B to South Africa. The main products that Spain exported to South Africa were Cars ($316M), Motor vehicles; parts and accessories (8701 to 8705) ($139M), and Alkylbenzenes and Alkylnaphthalenes ($72.2M). Over the past 5 years the exports of Spain to South Africa have increased at an annualized rate of 1.45%,  from $1.52B in 2017 to $1.63B in 2022.

In 2009, Spain exported services to South Africa worth $93.6M, with Services not allocated ($93.6M) 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $1.52B to Spain. The main products exported from South Africa to Spain were Delivery Trucks ($374M), Coal Briquettes ($166M), and Cars ($156M). During the last 5 years the exports of South Africa to Spain have increased at an annualized rate of 2.69%, from $1.33B in 2017 to $1.52B in 2022.

In 2017, Spain exported $1.63B to South Africa. The main products exported from Spain to South Africa were Cars ($316M), Motor vehicles; parts and accessories (8701 to 8705) ($139M), and Alkylbenzenes and Alkylnaphthalenes ($72.2M). During the last 5 years the exports of Spain to South Africa have increased at an annualized rate of 1.45%, from $1.52B in 2022 to $1.63B in 2017.

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

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

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Spain
Top Destination
France$65.2B

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

In 2022, countries that imported more from South Africa than Spain included China ($23.4B), India ($9.14B), and Mozambique ($5.43B).

In 2022, countries that imported more from Spain than South Africa included France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

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

Comparative Advantage South Africa - Spain

Flow
Scale

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

During 2022, South Africa had a large net trade with Spain in the exports of Transportation ($564M), Mineral Products ($273M), and Metals ($215M).

During 2017, Spain had a large net trade with South Africa in the exports of Transportation ($482M), Chemical Products ($350M), and Machines ($215M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Spain+$124MCars
Top Product Potential Spain South Africa+$95.4MCars

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

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

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