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2022
Flag → Flag
Exports $4.35MRnk 155 / 214
2022
Flag → Flag
Top Product $519kCars
2022
Flag → Flag
Exports $38.8kRnk 72 / 113
2022
Flag → Flag
Top Product $13.9kMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.26Rnk 120 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 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$4,947CURRENT US$
Rnk 112 / 186
2012-2022
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GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186

About

South Africa-Mongolia Trade: In 2022, South Africa exported $4.35M to Mongolia. The main products that South Africa exported to Mongolia were Cars ($519k), Citrus ($409k), and Rubber Tires ($347k). Over the past 5 years the exports of South Africa to Mongolia have increased at an annualized rate of 7.82%, from $2.98M in 2017 to $4.35M in 2022.

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

Mongolia-South Africa Trade: In 2022, Mongolia exported $38.8k to South Africa. The main products that Mongolia exported to South Africa were Medical Instruments ($13.9k), Tanned Furskins ($4.61k), and Other Inorganic Acids ($4.01k). Over the past 5 years the exports of Mongolia to South Africa have increased at an annualized rate of 2.34%,  from $34.5k in 2017 to $38.8k in 2022.

In 2022, Mongolia 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, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Latest Trends

August, 2024

About

Overview In August 2024, South Africa exported ZAR24.1M and imported ZAR7.15k from Mongolia, resulting in a positive trade balance of ZAR24.1M. Between August 2023 and August 2024 the exports of South Africa have decreased by ZAR-11.7M (-32.6%) from ZAR35.8M to ZAR24.1M, while imports decreased by ZAR-55.8k (-88.6%) from ZAR62.9k to ZAR7.15k.

Trade In August 2024, the top exports of South Africa to Mongolia were Rubber Tires (ZAR5.57M), Machinery Having Individual Functions (ZAR344k), and Beauty Products (ZAR105k). In August 2024 the top imports of South Africa from Mongolia were Blankets (ZAR92.5k) and Bedspreads (ZAR42k).

Origins In August 2024 the exports of South Africa were mainly from Durban (ZAR21M), Port Elizabeth (ZAR2.9M), and O.R. Tambo Int Airport (ZAR196k), while imports destinations were mainly Cape Town Int Airport (ZAR6.77k) and O.R. Tambo Int Airport (ZAR376).

Growth In August 2024, the decrease in South Africa's year-by-year exports to Mongolia was explained primarily by an decrease in product exports in . In August 2024, the decrease in South Africa's year-by-year imports  from Mongolia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)ZAR-11.7M(-32.6%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-55.8k(-88.6%)
MAIN EXPORTER (August 2024)DurbanZAR21M

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

For full datasets download visit Bulk Download page.

Explore Mongolia and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $4.35M to Mongolia. The main products exported from South Africa to Mongolia were Cars ($519k), Citrus ($409k), and Rubber Tires ($347k). During the last 5 years the exports of South Africa to Mongolia have increased at an annualized rate of 7.82%, from $2.98M in 2017 to $4.35M in 2022.

In 2017, Mongolia exported $38.8k to South Africa. The main products exported from Mongolia to South Africa were Medical Instruments ($13.9k), Tanned Furskins ($4.61k), and Other Inorganic Acids ($4.01k). During the last 5 years the exports of Mongolia to South Africa have increased at an annualized rate of 2.34%, from $34.5k in 2022 to $38.8k in 2017.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Mongolia
Top DestinationChina$10.6B

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

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

In 2022, no countries were registered that imported more from Mongolia than from South Africa.

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

Comparative Advantage South Africa - Mongolia

Flow
Scale

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

During 2022, South Africa had a large net trade with Mongolia in the exports of Machines ($1.31M), Transportation ($631k), and Vegetable Products ($613k).

During 2017, Mongolia had a large net trade with South Africa in the exports of Instruments ($14.4k), Textiles ($7.01k), and Animal Hides ($4.61k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Mongolia+$1.42MCars
Top Product Potential Mongolia South Africa+$23.3kMedical Instruments

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

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

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