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2023
Flag → Flag
Exports $4.76MRnk 156 / 211
2023
Flag → Flag
Top Product $2.38MCars
2023
Flag → Flag
Exports $4.4MRnk 60 / 158
2023
Flag → Flag
Top Product $751kKnit Men's Suits
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.13Rnk 55 / 132
2023
Flag  
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$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
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GDP GROWTH75.7%CURRENT US$
Rnk 33 / 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$8,284CURRENT US$
Rnk 94 / 196
2013-2023
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GDP PC GROWTH75.8%CURRENT US$
Rnk 19 / 195

About

South Africa-Georgia Trade: In 2023, South Africa exported $4.76M to Georgia. The main products that South Africa exported to Georgia were Cars ($2.38M), Air Pumps ($398k), and Machinery Having Individual Functions ($368k). Over the past 5 years the exports of South Africa to Georgia have decreased at an annualized rate of 32.1%, from $33M in 2018 to $4.76M in 2023.

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

Georgia-South Africa Trade: In 2023, Georgia exported $4.4M to South Africa. The main products that Georgia exported to South Africa were Knit Men's Suits ($751k), Scrap Copper ($750k), and Aircraft parts (gliders, balloons, and powered aircraft) ($667k). Over the past 5 years the exports of Georgia to South Africa have increased at an annualized rate of 41.5%,  from $777k in 2018 to $4.4M in 2023.

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

Comparison: In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Latest Trends

November, 2024

About

Overview In November 2024, South Africa exported ZAR5.93M and imported ZAR663k from Georgia, resulting in a positive trade balance of ZAR5.26M. Between November 2023 and November 2024 the exports of South Africa have increased by ZAR2.15M (57%) from ZAR3.78M to ZAR5.93M, while imports decreased by ZAR-4.62M (-87.5%) from ZAR5.29M to ZAR663k.

Trade In November 2024, the top exports of South Africa to Georgia were Corn (ZAR2.72M) and Rubber Pipes (ZAR92.7k). In November 2024 the top imports of South Africa from Georgia were Aircraft parts for spacecraft, UAVs, and... (ZAR3.27M), Knit Men's Suits (ZAR1.31M), Engine Parts (ZAR417k), Other Measuring Instruments (ZAR171k), and Medical Instruments (ZAR130k).

Origins In November 2024 the exports of South Africa were mainly from Durban (ZAR4.85M) and O.R. Tambo Int Airport (ZAR1.08M), while imports destinations were mainly O.R. Tambo Int Airport (ZAR355k), Johannesburg (ZAR295k), Durban (ZAR10.2k), Cape Town Int Airport (ZAR2.68k), and Port Elizabeth (ZAR225).

Growth In November 2024, the increase in South Africa's year-by-year exports to Georgia was explained primarily by an increase in product exports in . In November 2024, the decrease in South Africa's year-by-year imports  from Georgia was explained primarily by an decrease in product imports  in Knit Babies' Garments (ZAR-1.99k or -69.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)ZAR2.15M(57%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-4.62M(-87.5%)
MAIN EXPORTER (November 2024)DurbanZAR4.85M

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

For full datasets download visit Bulk Download page.

Explore Georgia and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $4.76M to Georgia. The main products exported from South Africa to Georgia were Cars ($2.38M), Air Pumps ($398k), and Machinery Having Individual Functions ($368k). During the last 5 years the exports of South Africa to Georgia have decreased at an annualized rate of 32.1%, from $33M in 2018 to $4.76M in 2023.

In 2018, Georgia exported $4.4M to South Africa. The main products exported from Georgia to South Africa were Knit Men's Suits ($751k), Scrap Copper ($750k), and Aircraft parts (gliders, balloons, and powered aircraft) ($667k). During the last 5 years the exports of Georgia to South Africa have increased at an annualized rate of 41.5%, from $777k in 2023 to $4.4M in 2018.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Georgia
Top DestinationAzerbaijan$828M

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

In 2023, countries that imported more from South Africa than Georgia included China ($29.5B), United States ($13B), and India ($10.8B).

In 2023, countries that imported more from Georgia than South Africa included Azerbaijan ($828M), Armenia ($712M), and Kyrgyzstan ($519M).

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

Comparative Advantage South Africa - Georgia

Flow
Scale

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

During 2023, South Africa had a large net trade with Georgia in the exports of Transportation ($2.54M), Machines ($1.06M), and Vegetable Products ($669k).

During 2018, Georgia had a large net trade with South Africa in the exports of Textiles ($1.55M), Chemical Products ($906k), and Metals ($757k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Georgia+$1.8MDelivery Trucks
Top Product Potential Georgia South Africa+$743kKnit T-shirts

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

Product Space of South Africa (Flag) and Georgia (Flag) (2023)

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