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
$219BCURRENT US$
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2012-2022
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GDP GROWTH
-9.49%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
$20,732CURRENT US$
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2012-2022
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GDP PC GROWTH
-5.39%CURRENT US$
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About

South Africa-Greece Trade: In 2022, South Africa exported $80M to Greece. The main products that South Africa exported to Greece were Raw Aluminium ($19.3M), Scrap Aluminium ($11M), and Delivery Trucks ($8.98M). Over the past 5 years the exports of South Africa to Greece have increased at an annualized rate of 3.48%, from $67.4M in 2017 to $80M in 2022.

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

Greece-South Africa Trade: In 2022, Greece exported $89.5M to South Africa. The main products that Greece exported to South Africa were Petroleum Coke ($18.4M), Packaged Medicaments ($15.3M), and Insulated Wire ($10.8M). Over the past 5 years the exports of Greece to South Africa have increased at an annualized rate of 31.8%,  from $22.5M in 2017 to $89.5M in 2022.

In 2020, Greece exported services to South Africa worth $324M, with Transportation ($315M), Travel ($4.11M), and Other business services ($3.77M) 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $80M to Greece. The main products exported from South Africa to Greece were Raw Aluminium ($19.3M), Scrap Aluminium ($11M), and Delivery Trucks ($8.98M). During the last 5 years the exports of South Africa to Greece have increased at an annualized rate of 3.48%, from $67.4M in 2017 to $80M in 2022.

In 2017, Greece exported $89.5M to South Africa. The main products exported from Greece to South Africa were Petroleum Coke ($18.4M), Packaged Medicaments ($15.3M), and Insulated Wire ($10.8M). During the last 22 years the exports of Greece to South Africa have increased at an annualized rate of 31.8%, from $22.5M in 1995 to $89.5M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Greece
Top Destination
Italy$5.82B

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

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

In 2022, countries that imported more from Greece than South Africa included Bulgaria ($3.62B), Italy ($5.82B), and Cyprus ($2.92B).

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

Comparative Advantage South Africa - Greece

Flow
Scale

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

During 2022, South Africa had a large net trade with Greece in the exports of Metals ($35.6M), Foodstuffs ($13.2M), and Transportation ($12.1M).

During 2017, Greece had a large net trade with South Africa in the exports of Metals ($27.1M), Machines ($25.3M), and Mineral Products ($25.1M).

Service Trade

Bilateral Service Trade

In 2020, Greece exported services to South Africa worth $324M, with Transportation ($315M), Travel ($4.11M), and Other business services ($3.77M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Economic Complexity

Competitive Landscape

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

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

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