2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC 
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

South Africa-Iran Trade: In 2022, South Africa exported $15.4M to Iran. The main products that South Africa exported to Iran were Coal Briquettes ($10.3M), Stone Processing Machines ($948k), and Perfume Plants ($639k). Over the past 5 years the exports of South Africa to Iran have decreased at an annualized rate of 29.8%, from $90.1M in 2017 to $15.4M in 2022.

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

Iran-South Africa Trade: In 2022, Iran exported $4.2M to South Africa. The main products that Iran exported to South Africa were Scented Mixtures ($2.49M), Tropical Fruits ($323k), and Broadcasting Equipment ($282k). Over the past 5 years the exports of Iran to South Africa have decreased at an annualized rate of 30.3%,  from $25.5M in 2017 to $4.2M in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $15.4M to Iran. The main products exported from South Africa to Iran were Coal Briquettes ($10.3M), Stone Processing Machines ($948k), and Perfume Plants ($639k). During the last 5 years the exports of South Africa to Iran have decreased at an annualized rate of 29.8%, from $90.1M in 2017 to $15.4M in 2022.

In 2017, Iran exported $4.2M to South Africa. The main products exported from Iran to South Africa were Scented Mixtures ($2.49M), Tropical Fruits ($323k), and Broadcasting Equipment ($282k). During the last 5 years the exports of Iran to South Africa have decreased at an annualized rate of 30.3%, from $25.5M in 2022 to $4.2M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Iran
Top Destination
China$5.72B

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

In 2022, countries that imported more from South Africa than Iran included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2022, countries that imported more from Iran than South Africa included Turkey ($3.17B), Kuwait ($960M), and Armenia ($557M).

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

Comparative Advantage South Africa - Iran

Flow
Scale

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

During 2022, South Africa had a large net trade with Iran in the exports of Mineral Products ($11M), Machines ($1.84M), and Vegetable Products ($1M).

During 2017, Iran had a large net trade with South Africa in the exports of Chemical Products ($2.51M), Vegetable Products ($582k), and Machines ($361k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Iran+$3.15MCoal Briquettes
Top Product Potential Iran South Africa+$415kOther Nuts

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

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

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