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2022
Flag → Flag
Exports $365MRnk 46 / 214
2022
Flag → Flag
Top Product $63.1MDelivery Trucks
2022
Flag → Flag
Exports $465MRnk 41 / 156
2022
Flag → Flag
Top Product $62.3MCars
2022
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Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
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Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
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GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
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 GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH17.7%CURRENT US$
Rnk 127 / 186
2022
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GDP PC $6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
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GDP PC$11,091CURRENT US$
Rnk 74 / 186
2012-2022
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GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186

About

South Africa-Mexico Trade: In 2022, South Africa exported $365M to Mexico. The main products that South Africa exported to Mexico were Delivery Trucks ($63.1M), Corn ($61.2M), and Large Flat-Rolled Stainless Steel ($39.6M). Over the past 5 years the exports of South Africa to Mexico have increased at an annualized rate of 22.9%, from $130M in 2017 to $365M in 2022.

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

Mexico-South Africa Trade: In 2022, Mexico exported $465M to South Africa. The main products that Mexico exported to South Africa were Cars ($62.3M), Medical Instruments ($39.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($29.6M). Over the past 5 years the exports of Mexico to South Africa have increased at an annualized rate of 0.03%,  from $464M in 2017 to $465M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Latest Trends

October, 2024

About

Overview In October 2024, South Africa exported ZAR465M and imported ZAR844M from Mexico, resulting in a negative trade balance of ZAR379M. Between October 2023 and October 2024 the exports of South Africa have decreased by ZAR-5.12M (-1.09%) from ZAR470M to ZAR465M, while imports decreased by ZAR-317M (-27.3%) from ZAR1.16B to ZAR844M.

Trade In October 2024, the top exports of South Africa to Mexico were Corn (ZAR575M), Raw Nickel (ZAR29.8M), Aluminium Pipes (ZAR23.1M), Aluminium Plating (ZAR9.98M), and Ferroalloys (ZAR5.53M). In October 2024 the top imports of South Africa from Mexico were Cars (ZAR99.4M), Commodities not elsewhere specified (ZAR95.3M), Motor vehicles; parts and accessories (8701... (ZAR72.6M), Medical Instruments (ZAR68.6M), and Telephones (ZAR64.5M).

Origins In October 2024 the exports of South Africa were mainly from Pretoria (ZAR306M), Durban (ZAR68.1M), Port Elizabeth (ZAR33.8M), Cape Town (ZAR28.2M), and O.R. Tambo Int Airport (ZAR12.7M), while imports destinations were mainly O.R. Tambo Int Airport (ZAR360M), Durban (ZAR194M), Port Elizabeth (ZAR105M), Pretoria (ZAR74.7M), and Cape Town (ZAR67.7M).

Growth In October 2024, the decrease in South Africa's year-by-year exports to Mexico was explained primarily by an decrease in product exports in Large Flat-Rolled Stainless Steel (ZAR-19.7M or -92.2%), Ferroalloys (ZAR-11M or -66.5%), and Leather further prepared after tanning or... (ZAR-10.8M or -95.6%). In October 2024, the decrease in South Africa's year-by-year imports  from Mexico was explained primarily by an decrease in product imports  in Cars (ZAR-30.4M or -23.4%), Computers (ZAR-28.7M or -57.2%), and Motor vehicles; parts and accessories (8701... (ZAR-6.48M or -8.19%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)ZAR-5.12M(-1.09%)
IMPORT GROWTH (October 2023 - October 2024)ZAR-317M(-27.3%)
MAIN EXPORTER (October 2024)PretoriaZAR306M

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

For full datasets download visit Bulk Download page.

Explore Mexico and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $365M to Mexico. The main products exported from South Africa to Mexico were Delivery Trucks ($63.1M), Corn ($61.2M), and Large Flat-Rolled Stainless Steel ($39.6M). During the last 5 years the exports of South Africa to Mexico have increased at an annualized rate of 22.9%, from $130M in 2017 to $365M in 2022.

In 2017, Mexico exported $465M to South Africa. The main products exported from Mexico to South Africa were Cars ($62.3M), Medical Instruments ($39.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($29.6M). During the last 5 years the exports of Mexico to South Africa have increased at an annualized rate of 0.03%, from $464M in 2022 to $465M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Mexico
Top DestinationUnited States$421B

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

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

In 2022, countries that imported more from Mexico than South Africa included United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

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

Comparative Advantage South Africa - Mexico

Flow
Scale

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

During 2022, South Africa had a large net trade with Mexico in the exports of N/A.

During 2017, Mexico had a large net trade with South Africa in the exports of Machines ($188M), Transportation ($116M), and Instruments ($65.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Mexico+$35.7MDelivery Trucks
Top Product Potential Mexico South Africa+$86.2MCars

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.

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

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

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