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Pricing

2022
Flag → Flag
Exports $417MRnk 43 / 214
2022
Flag → Flag
Top Product $31.8MNitrogenous Fertilizers
2022
Flag → Flag
Exports $124MRnk 17 / 133
2022
Flag → Flag
Top Product $108MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
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Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag  
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$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
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GDP GROWTH76.5%CURRENT US$
Rnk 26 / 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$2,176CURRENT US$
Rnk 147 / 186
2012-2022
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GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

South Africa-Ghana Trade: In 2022, South Africa exported $417M to Ghana. The main products that South Africa exported to Ghana were Nitrogenous Fertilizers ($31.8M), Delivery Trucks ($31.2M), and Hot-Rolled Iron Bars ($21.4M). Over the past 5 years the exports of South Africa to Ghana have increased at an annualized rate of 2.46%, from $369M in 2017 to $417M in 2022.

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

Ghana-South Africa Trade: In 2022, Ghana exported $124M to South Africa. The main products that Ghana exported to South Africa were Crude Petroleum ($108M), Scrap Copper ($5M), and Rubber ($2.5M). Over the past 5 years the exports of Ghana to South Africa have decreased at an annualized rate of 33%,  from $919M in 2017 to $124M in 2022.

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

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Latest Trends

August, 2024

About

Overview In August 2024, South Africa exported ZAR897M and imported ZAR2.53B from Ghana, resulting in a negative trade balance of ZAR1.63B. Between August 2023 and August 2024 the exports of South Africa have increased by ZAR518M (137%) from ZAR379M to ZAR897M, while imports increased by ZAR2.49B (7.49k%) from ZAR33.3M to ZAR2.53B.

Trade In August 2024, the top exports of South Africa to Ghana were Hot-Rolled Iron Bars (ZAR106M), Air Pumps (ZAR19.5M), Stone Processing Machines (ZAR11.3M), Delivery Trucks (ZAR11.3M), and Apples and Pears (ZAR10.3M). In August 2024 the top imports of South Africa from Ghana were Scrap Copper (ZAR13.6M), Special purpose motor vehicles (ZAR6.33M), Rubber (ZAR4.62M), Cassava (ZAR2.65M), and Bananas (ZAR2.52M).

Origins In August 2024 the exports of South Africa were mainly from Durban (ZAR478M), Port Elizabeth (ZAR149M), Cape Town (ZAR80.5M), Germiston/Alberton (ZAR60.3M), and Johannesburg (ZAR51.1M), while imports destinations were mainly O.R. Tambo Int Airport (ZAR2.52B), Durban (ZAR7.87M), Port Elizabeth (ZAR552k), Cape Town (ZAR419k), and Cape Town Int Airport (ZAR138k).

Growth In August 2024, the increase in South Africa's year-by-year exports to Ghana was explained primarily by an increase in product exports in Hot-Rolled Iron Bars (ZAR99.7M or 1.53k%), Air Pumps (ZAR18.4M or 1.69k%), and Iron Structures (ZAR7.21M or 968%). In August 2024, the increase in South Africa's year-by-year imports  from Ghana was explained primarily by an increase in product imports  in Sawn Wood (ZAR1.54M or 1.27k%), Cassava (ZAR569k or 27.3%), and Other Measuring Instruments (ZAR83.5k or 359%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)ZAR518M(137%)
IMPORT GROWTH (August 2023 - August 2024)ZAR2.49B(7.49k%)
MAIN EXPORTER (August 2024)DurbanZAR478M

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

For full datasets download visit Bulk Download page.

Explore Ghana and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $417M to Ghana. The main products exported from South Africa to Ghana were Nitrogenous Fertilizers ($31.8M), Delivery Trucks ($31.2M), and Hot-Rolled Iron Bars ($21.4M). During the last 5 years the exports of South Africa to Ghana have increased at an annualized rate of 2.46%, from $369M in 2017 to $417M in 2022.

In 2017, Ghana exported $124M to South Africa. The main products exported from Ghana to South Africa were Crude Petroleum ($108M), Scrap Copper ($5M), and Rubber ($2.5M). During the last 5 years the exports of Ghana to South Africa have decreased at an annualized rate of 33%, from $919M in 2022 to $124M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from South Africa than Ghana included China ($23.4B), Germany ($9.96B), and Japan ($8.85B).

In 2022, countries that imported more from Ghana than South Africa included United Arab Emirates ($4.72B), Burkina Faso ($285M), and Togo ($111M).

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

Comparative Advantage South Africa - Ghana

Flow
Scale

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

During 2022, South Africa had a large net trade with Ghana in the exports of Chemical Products ($109M), Machines ($89.8M), and Metals ($61.1M).

During 2017, Ghana had a large net trade with South Africa in the exports of Mineral Products ($108M), Metals ($5.1M), and Foodstuffs ($3.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Ghana+$8.04MDelivery Trucks
Top Product Potential Ghana South Africa+$50.1MCrude Petroleum

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

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

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