2023
Flag  
GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC 
$6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

South Africa-Malaysia Trade: In 2023, South Africa exported $810M to Malaysia. The main products that South Africa exported to Malaysia were Soybeans ($123M), Manganese Ore ($96M), and Coal Briquettes ($71M). Over the past 5 years the exports of South Africa to Malaysia have decreased at an annualized rate of 0.24%, from $819M in 2018 to $810M in 2023.

In 2023, South Africa did not export any services to Malaysia.

Malaysia-South Africa Trade: In 2023, Malaysia exported $1.24B to South Africa. The main products that Malaysia exported to South Africa were Refined Petroleum ($595M), Palm Oil ($93.3M), and Broadcasting Equipment ($46.4M). Over the past 5 years the exports of Malaysia to South Africa have increased at an annualized rate of 3.5%,  from $1.01B in 2018 to $1.24B in 2023.

In 2023, Malaysia did not export any services to South Africa.

Comparison: In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $810M to Malaysia. The main products exported from South Africa to Malaysia were Soybeans ($123M), Manganese Ore ($96M), and Coal Briquettes ($71M). During the last 5 years the exports of South Africa to Malaysia have decreased at an annualized rate of 0.24%, from $819M in 2018 to $810M in 2023.

In 2018, Malaysia exported $1.24B to South Africa. The main products exported from Malaysia to South Africa were Refined Petroleum ($595M), Palm Oil ($93.3M), and Broadcasting Equipment ($46.4M). During the last 5 years the exports of Malaysia to South Africa have increased at an annualized rate of 3.5%, from $1.01B in 2023 to $1.24B in 2018.

Exports from South Africa (Flag) to Malaysia (Flag) (2023)

Exports from Malaysia (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top Destination
China$29.5B
Malaysia
Top Destination
China$79.8B

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

In 2023, countries that imported more from South Africa than Malaysia included Mozambique ($6.13B), United Kingdom ($9.01B), and Botswana ($4.28B).

In 2023, countries that imported more from Malaysia than South Africa included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

Difference in imports from Malaysia (Flag) and South Africa (Flag) (2023)

Comparative Advantage South Africa - Malaysia

Flow
Scale

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

During 2023, South Africa had a large net trade with Malaysia in the exports of Mineral Products ($276M), Vegetable Products ($250M), and Metals ($144M).

During 2018, Malaysia had a large net trade with South Africa in the exports of Mineral Products ($598M), Machines ($220M), and Animal and Vegetable Bi-Products ($128M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Malaysia+$88.6MCoal Briquettes
Top Product Potential Malaysia South Africa+$132MRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Africa and Malaysia. This means that a dot/product with the flag of South Africa indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over South Africa.

Product Space of South Africa (Flag) and Malaysia (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with