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2022
Flag → Flag
Exports $52MRnk 92 / 214
2022
Flag → Flag
Top Product $40.4MCitrus
2022
Flag → Flag
Exports $3.1MRnk 40 / 101
2022
Flag → Flag
Top Product $2.39MStearic Acid
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH21.2%CURRENT US$
Rnk 118 / 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$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

South Africa-Iraq Trade: In 2022, South Africa exported $52M to Iraq. The main products that South Africa exported to Iraq were Citrus ($40.4M), Other Fruits ($2.52M), and Copper Pipes ($2.19M). Over the past 5 years the exports of South Africa to Iraq have increased at an annualized rate of 54.1%, from $5.99M in 2017 to $52M in 2022.

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

Iraq-South Africa Trade: In 2022, Iraq exported $3.1M to South Africa. The main products that Iraq exported to South Africa were Stearic Acid ($2.39M), Refined Petroleum ($693k), and Medical Instruments ($7.45k). Over the past 5 years the exports of Iraq to South Africa have increased at an annualized rate of 152%,  from $30.3k in 2017 to $3.1M in 2022.

In 2022, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Latest Trends

July, 2024

About

Overview In July 2024, South Africa exported ZAR262M and imported ZAR2.86k from Iraq, resulting in a positive trade balance of ZAR262M. Between July 2023 and July 2024 the exports of South Africa have increased by ZAR114M (76.6%) from ZAR148M to ZAR262M, while imports decreased by ZAR-415k (-99.3%) from ZAR418k to ZAR2.86k.

Trade In July 2024, the top exports of South Africa to Iraq were Other Animals (ZAR4.1M), Other Nuts (ZAR3.68M), Pitted Fruits (ZAR1.74M), Chocolate (ZAR1.36M), and Apples and Pears (ZAR1.18M). In July 2024 the top imports of South Africa from Iraq were Refined Petroleum (ZAR10.8M).

Origins In July 2024 the exports of South Africa were mainly from Port Elizabeth (ZAR107M), Cape Town (ZAR94.1M), Durban (ZAR32.7M), Johannesburg (ZAR25.3M), and O.R. Tambo Int Airport (ZAR3.07M), while imports destinations were mainly O.R. Tambo Int Airport (ZAR2.86k).

Growth In July 2024, the increase in South Africa's year-by-year exports to Iraq was explained primarily by an increase in product exports in Other Animals (ZAR2.42M or 144%) and Apples and Pears (ZAR855k or 264%). In July 2024, the decrease in South Africa's year-by-year imports  from Iraq was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)ZAR114M(76.6%)
IMPORT GROWTH (July 2023 - July 2024)ZAR-415k(-99.3%)
MAIN EXPORTER (July 2024)Port ElizabethZAR107M

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $52M to Iraq. The main products exported from South Africa to Iraq were Citrus ($40.4M), Other Fruits ($2.52M), and Copper Pipes ($2.19M). During the last 5 years the exports of South Africa to Iraq have increased at an annualized rate of 54.1%, from $5.99M in 2017 to $52M in 2022.

In 2017, Iraq exported $3.1M to South Africa. The main products exported from Iraq to South Africa were Stearic Acid ($2.39M), Refined Petroleum ($693k), and Medical Instruments ($7.45k). During the last 5 years the exports of Iraq to South Africa have increased at an annualized rate of 152%, from $30.3k in 2022 to $3.1M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from South Africa than Iraq included Japan ($8.85B), Germany ($9.96B), and Switzerland ($6.43B).

In 2022, countries that imported more from Iraq than South Africa included India ($38.8B), China ($34B), and Greece ($6.27B).

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

Comparative Advantage South Africa - Iraq

Flow
Scale

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

During 2022, South Africa had a large net trade with Iraq in the exports of Vegetable Products ($44.6M), Metals ($3M), and Animal Products ($1.77M).

During 2017, Iraq had a large net trade with South Africa in the exports of Animal and Vegetable Bi-Products ($2.39M), Mineral Products ($693k), and Instruments ($11.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Iraq+$1.07MOther Fruits
Top Product Potential Iraq South Africa+$5.2MRefined Petroleum

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

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

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