2023
Flag  
GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC 
$6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

South Africa-Indonesia Trade: In 2023, South Africa exported $1.42B to Indonesia. The main products that South Africa exported to Indonesia were Ferroalloys ($907M), Chromium Ore ($207M), and Planes, Helicopters, and/or Spacecraft ($80M). Over the past 5 years the exports of South Africa to Indonesia have increased at an annualized rate of 7.31%, from $1B in 2018 to $1.42B in 2023.

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

Indonesia-South Africa Trade: In 2023, Indonesia exported $963M to South Africa. The main products that Indonesia exported to South Africa were Palm Oil ($366M), Refined Petroleum ($75.4M), and Large Construction Vehicles ($28.9M). Over the past 5 years the exports of Indonesia to South Africa have increased at an annualized rate of 3.42%,  from $787M in 2018 to $963M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $1.42B to Indonesia. The main products exported from South Africa to Indonesia were Ferroalloys ($907M), Chromium Ore ($207M), and Planes, Helicopters, and/or Spacecraft ($80M). During the last 5 years the exports of South Africa to Indonesia have increased at an annualized rate of 7.31%, from $1B in 2018 to $1.42B in 2023.

In 2018, Indonesia exported $963M to South Africa. The main products exported from Indonesia to South Africa were Palm Oil ($366M), Refined Petroleum ($75.4M), and Large Construction Vehicles ($28.9M). During the last 5 years the exports of Indonesia to South Africa have increased at an annualized rate of 3.42%, from $787M in 2023 to $963M in 2018.

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

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

Market Competitiveness

Color
South Africa
Top Destination
China$29.5B
Indonesia
Top Destination
China$70.7B

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

In 2023, countries that imported more from South Africa than Indonesia included Germany ($10.8B), United Kingdom ($9.01B), and Mozambique ($6.13B).

In 2023, countries that imported more from Indonesia than South Africa included China ($70.7B), Japan ($23.7B), and Singapore ($15.8B).

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

Comparative Advantage South Africa - Indonesia

Flow
Scale

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

During 2023, South Africa had a large net trade with Indonesia in the exports of Metals ($940M), Mineral Products ($232M), and Transportation ($101M).

During 2018, Indonesia had a large net trade with South Africa in the exports of Animal and Vegetable Bi-Products ($413M), Machines ($104M), and Mineral Products ($76.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Indonesia+$69.5MGold
Top Product Potential Indonesia South Africa+$50.2MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with