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2023
Flag → Flag
Exports $128MRnk 66 / 211
2023
Flag → Flag
Top Product $43.6MDelivery Trucks
2023
Flag → Flag
Exports $121MRnk 59 / 214
2023
Flag → Flag
Top Product $27.3MPetroleum Coke
2023
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Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
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Economic Complexity (ECI) ECI 0.4Rnk 46 / 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$243BCURRENT US$
Rnk 54 / 195
2013-2023
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GDP GROWTH2.93%CURRENT US$
Rnk 166 / 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$23,401CURRENT US$
Rnk 53 / 196
2013-2023
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GDP PC GROWTH8.47%CURRENT US$
Rnk 139 / 195

About

South Africa-Greece Trade: In 2023, South Africa exported $128M to Greece. The main products that South Africa exported to Greece were Delivery Trucks ($43.6M), Animal Meal and Pellets ($13.4M), and Raw Aluminium ($9.63M). Over the past 5 years the exports of South Africa to Greece have increased at an annualized rate of 8.51%, from $85.3M in 2018 to $128M in 2023.

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

Greece-South Africa Trade: In 2023, Greece exported $121M to South Africa. The main products that Greece exported to South Africa were Petroleum Coke ($27.3M), Packaged Medicaments ($23.6M), and Insulated Wire ($6.65M). Over the past 5 years the exports of Greece to South Africa have increased at an annualized rate of 2.08%,  from $96.5M in 2018 to $121M in 2023.

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 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Latest Trends

November, 2024

About

Overview In November 2024, South Africa exported ZAR388M and imported ZAR127M from Greece, resulting in a positive trade balance of ZAR261M. Between November 2023 and November 2024 the exports of South Africa have increased by ZAR334M (626%) from ZAR53.3M to ZAR388M, while imports increased by ZAR1.47M (1.17%) from ZAR125M to ZAR127M.

Trade In November 2024, the top exports of South Africa to Greece were Molluscs (ZAR25.8M), Ethylene Polymers (ZAR7.59M), Refined Petroleum (ZAR6.67M), Processed Fish (ZAR1.67M), and Non-fillet Frozen Fish (ZAR1.66M). In November 2024 the top imports of South Africa from Greece were Petroleum Coke (ZAR76.1M), Insulated Wire (ZAR34.8M), Packaged Medicaments (ZAR24.8M), Iron Structures (ZAR20.9M), and Metal Stoppers (ZAR16M).

Origins In November 2024 the exports of South Africa were mainly from Richards Bay (ZAR353M), Cape Town (ZAR16.4M), Durban (ZAR7.7M), Port Elizabeth (ZAR5.83M), and Johannesburg (ZAR2.8M), while imports destinations were mainly Durban (ZAR59.7M), O.R. Tambo Int Airport (ZAR34.9M), Cape Town (ZAR18.1M), Port Elizabeth (ZAR10.5M), and Cape Town Int Airport (ZAR2.54M).

Growth In November 2024, the increase in South Africa's year-by-year exports to Greece was explained primarily by an increase in product exports in Molluscs (ZAR12.2M or 90.6%), Refined Petroleum (ZAR6.58M or 7.11k%), and Orthopedic Appliances (ZAR312k or 137%). In November 2024, the increase in South Africa's year-by-year imports  from Greece was explained primarily by an increase in product imports  in Metal Stoppers (ZAR9.04M or 129%), Aluminium Plating (ZAR7.53M or 459%), and Liquid Pumps (ZAR3.01M or 9.43k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)ZAR334M(626%)
IMPORT GROWTH (November 2023 - November 2024)ZAR1.47M(1.17%)
MAIN EXPORTER (November 2024)Richards BayZAR353M

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

For full datasets download visit Bulk Download page.

Explore Greece and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $128M to Greece. The main products exported from South Africa to Greece were Delivery Trucks ($43.6M), Animal Meal and Pellets ($13.4M), and Raw Aluminium ($9.63M). During the last 5 years the exports of South Africa to Greece have increased at an annualized rate of 8.51%, from $85.3M in 2018 to $128M in 2023.

In 2018, Greece exported $121M to South Africa. The main products exported from Greece to South Africa were Petroleum Coke ($27.3M), Packaged Medicaments ($23.6M), and Insulated Wire ($6.65M). During the last 5 years the exports of Greece to South Africa have increased at an annualized rate of 2.08%, from $96.5M in 2023 to $121M in 2018.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Greece
Top DestinationItaly$6.21B

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

In 2023, countries that imported more from Greece than South Africa included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

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

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 2023, South Africa had a large net trade with Greece in the exports of Transportation ($43.9M), Foodstuffs ($24M), and Metals ($18M).

During 2018, Greece had a large net trade with South Africa in the exports of Chemical Products ($31.6M), Mineral Products ($28M), and Metals ($19.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Greece+$8.71MRaw Aluminium
Top Product Potential Greece South Africa+$11.4MPackaged Medicaments

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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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)

Service Trade

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) (2023)

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