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
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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GDP PC 
$6,776CURRENT US$
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GDP PC GROWTH
-17.1%CURRENT US$
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GDP PC
$104,039CURRENT US$
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GDP PC GROWTH
112%CURRENT US$
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About

South Africa-Ireland Trade: In 2022, South Africa exported $348M to Ireland. The main products that South Africa exported to Ireland were Platinum ($164M), Coal Briquettes ($31.6M), and Interchangeable Tool Parts ($21.5M). Over the past 5 years the exports of South Africa to Ireland have increased at an annualized rate of 22.3%, from $127M in 2017 to $348M in 2022.

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

Ireland-South Africa Trade: In 2022, Ireland exported $456M to South Africa. The main products that Ireland exported to South Africa were Packaged Medicaments ($70.2M), Vaccines, blood, antisera, toxins and cultures ($49.5M), and Planes, Helicopters, and/or Spacecraft ($45.4M). Over the past 5 years the exports of Ireland to South Africa have increased at an annualized rate of 1.03%,  from $433M in 2017 to $456M in 2022.

In 2020, Ireland exported services to South Africa worth $387M, with Financial services ($179M), Other business services ($171M), and Insurance services ($33.1M) 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $348M to Ireland. The main products exported from South Africa to Ireland were Platinum ($164M), Coal Briquettes ($31.6M), and Interchangeable Tool Parts ($21.5M). During the last 5 years the exports of South Africa to Ireland have increased at an annualized rate of 22.3%, from $127M in 2017 to $348M in 2022.

In 2017, Ireland exported $456M to South Africa. The main products exported from Ireland to South Africa were Packaged Medicaments ($70.2M), Vaccines, blood, antisera, toxins and cultures ($49.5M), and Planes, Helicopters, and/or Spacecraft ($45.4M). During the last 5 years the exports of Ireland to South Africa have increased at an annualized rate of 1.03%, from $433M in 2022 to $456M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Ireland
Top Destination
United States$70.7B

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

In 2022, countries that imported more from South Africa than Ireland included India ($9.14B), China ($23.4B), and Mozambique ($5.43B).

In 2022, countries that imported more from Ireland than South Africa included United States ($70.7B), Germany ($28.6B), and Belgium ($17B).

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

Comparative Advantage South Africa - Ireland

Flow
Scale

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

During 2022, South Africa had a large net trade with Ireland in the exports of Precious Metals ($166M), Vegetable Products ($34.8M), and Mineral Products ($32.1M).

During 2017, Ireland had a large net trade with South Africa in the exports of Chemical Products ($171M), Machines ($77.1M), and Foodstuffs ($58.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Ireland+$18.2MPlatinum
Top Product Potential Ireland South Africa+$44.2MPackaged 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, Ireland exported services to South Africa worth $387M, with Financial services ($179M), Other business services ($171M), and Insurance services ($33.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Ireland (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 Ireland. This means that a dot/product with the flag of South Africa indicates it has a comparative advantage over Ireland. Similarly, a dot/product with the flag of Ireland indicates it has a comparative advantage over South Africa.

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

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