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2023
Flag → Flag
Exports $1.62BRnk 20 / 211
2023
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Top Product $273MDelivery Trucks
2023
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Exports $1.58BRnk 38 / 220
2023
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Top Product $252MCars
2023
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Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
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Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
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GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
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GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
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 GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
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GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
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GDP PC $6,023CURRENT US$
Rnk 113 / 195
2013-2023
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GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195
2023
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GDP PC$33,509CURRENT US$
Rnk 40 / 196
2013-2023
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GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

South Africa-Spain Trade: In 2023, South Africa exported $1.62B to Spain. The main products that South Africa exported to Spain were Delivery Trucks ($273M), Cars ($265M), and Coal Briquettes ($138M). Over the past 5 years the exports of South Africa to Spain have increased at an annualized rate of 2.34%, from $1.44B in 2018 to $1.62B in 2023.

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

Spain-South Africa Trade: In 2023, Spain exported $1.58B to South Africa. The main products that Spain exported to South Africa were Cars ($252M), Refined Petroleum ($72M), and Motor vehicles; parts and accessories (8701 to 8705) ($67.1M). Over the past 5 years the exports of Spain to South Africa have increased at an annualized rate of 5.29%,  from $1.22B in 2018 to $1.58B in 2023.

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 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Latest Trends

December, 2024

About

Overview In December 2024, South Africa exported ZAR2.31B and imported ZAR2.24B from Spain, resulting in a positive trade balance of ZAR77M. Between December 2023 and December 2024 the exports of South Africa have decreased by ZAR-1.12B (-32.5%) from ZAR3.43B to ZAR2.31B, while imports decreased by ZAR-396M (-15%) from ZAR2.63B to ZAR2.24B.

Trade In December 2024, the top exports of South Africa to Spain were Delivery Trucks (ZAR514M), Ferroalloys (ZAR224M), Coal Briquettes (ZAR135M), Centrifuges (ZAR79.2M), and Large Flat-Rolled Stainless Steel (ZAR68.7M). In December 2024 the top imports of South Africa from Spain were Commodities not elsewhere specified (ZAR499M), Cars (ZAR209M), Motor vehicles; parts and accessories (8701... (ZAR111M), Alkylbenzenes and Alkylnaphthalenes (ZAR103M), and Packaged Medicaments (ZAR102M).

Origins In December 2024 the exports of South Africa were mainly from Durban (ZAR933M), Pretoria (ZAR494M), Richards Bay (ZAR324M), Cape Town (ZAR309M), and Komatipoort (ZAR91.2M), while imports destinations were mainly Durban (ZAR1.02B), Port Elizabeth (ZAR681M), Cape Town (ZAR226M), O.R. Tambo Int Airport (ZAR154M), and Pretoria (ZAR94.7M).

Growth In December 2024, the decrease in South Africa's year-by-year exports to Spain was explained primarily by an decrease in product exports in Centrifuges (ZAR-65.7M or -45.4%), Molluscs (ZAR-34.5M or -86.5%), and Aircraft parts for spacecraft, UAVs, and... (ZAR-11.4M or -68.9%). In December 2024, the decrease in South Africa's year-by-year imports  from Spain was explained primarily by an decrease in product imports  in Refined Petroleum (ZAR-545M or -95.4%), Cars (ZAR-218M or -51.1%), and Carbonates (ZAR-144M or -99.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)ZAR-1.12B(-32.5%)
IMPORT GROWTH (December 2023 - December 2024)ZAR-396M(-15%)
MAIN EXPORTER (December 2024)DurbanZAR933M

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 Spain and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Spain and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $1.62B to Spain. The main products exported from South Africa to Spain were Delivery Trucks ($273M), Cars ($265M), and Coal Briquettes ($138M). During the last 5 years the exports of South Africa to Spain have increased at an annualized rate of 2.34%, from $1.44B in 2018 to $1.62B in 2023.

In 2018, Spain exported $1.58B to South Africa. The main products exported from Spain to South Africa were Cars ($252M), Refined Petroleum ($72M), and Motor vehicles; parts and accessories (8701 to 8705) ($67.1M). During the last 5 years the exports of Spain to South Africa have increased at an annualized rate of 5.29%, from $1.22B in 2023 to $1.58B in 2018.

Exports from South Africa (Flag) to Spain (Flag) (2023)

Exports from Spain (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Spain
Top DestinationFrance$61.9B

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 2023, countries that imported more from South Africa than Spain included China ($29.5B), India ($10.8B), and Mozambique ($6.13B).

In 2023, countries that imported more from Spain than South Africa included France ($61.9B), Portugal ($38.1B), and Italy ($34.7B).

Difference in imports from Spain (Flag) and South Africa (Flag) (2023)

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 2023, South Africa had a large net trade with Spain in the exports of Transportation ($570M), Mineral Products ($241M), and Metals ($173M).

During 2018, Spain had a large net trade with South Africa in the exports of Transportation ($359M), Chemical Products ($354M), and Machines ($248M).

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) (2023)

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