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2022
Flag → Flag
Exports $242MRnk 55 / 214
2022
Flag → Flag
Exports $330MRnk 31 / 208
2022
Flag → Flag
Top Product $93.2MCars
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 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$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

South Africa-Portugal Trade: In 2022, South Africa exported $242M to Portugal. The main products that South Africa exported to Portugal were N/A. Over the past 5 years the exports of South Africa to Portugal have increased at an annualized rate of 1.07%, from $229M in 2017 to $242M in 2022.

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

Portugal-South Africa Trade: In 2022, Portugal exported $330M to South Africa. The main products that Portugal exported to South Africa were Cars ($93.2M), Delivery Trucks ($32.4M), and Insulated Wire ($17.1M). Over the past 5 years the exports of Portugal to South Africa have increased at an annualized rate of 7.13%,  from $234M in 2017 to $330M in 2022.

In 2020, Portugal exported services to South Africa worth $24M, with Travel ($24M) being the largest in terms of value.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Latest Trends

September, 2024

About

Overview In September 2024, South Africa exported ZAR469M and imported ZAR365M from Portugal, resulting in a positive trade balance of ZAR104M. Between September 2023 and September 2024 the exports of South Africa have decreased by ZAR-226M (-32.5%) from ZAR695M to ZAR469M, while imports increased by ZAR30M (8.94%) from ZAR335M to ZAR365M.

Trade In September 2024, the top exports of South Africa to Portugal were Refined Petroleum (ZAR30.2M), Propylene Polymers (ZAR23.4M), Non-fillet Frozen Fish (ZAR10.7M), Molluscs (ZAR9.2M), and Grapes (ZAR6.97M). In September 2024 the top imports of South Africa from Portugal were Cars (ZAR121M), Delivery Trucks (ZAR68.8M), Commodities not elsewhere specified (ZAR61M), Insulated Wire (ZAR45.8M), and Electric Motors (ZAR34.3M).

Origins In September 2024 the exports of South Africa were mainly from Cape Town (ZAR274M), Durban (ZAR100M), Port Elizabeth (ZAR78.4M), O.R. Tambo Int Airport (ZAR11.7M), and Johannesburg (ZAR2.73M), while imports destinations were mainly Durban (ZAR116M), Port Elizabeth (ZAR108M), Pretoria (ZAR44M), Cape Town (ZAR43M), and O.R. Tambo Int Airport (ZAR32.6M).

Growth In September 2024, the decrease in South Africa's year-by-year exports to Portugal was explained primarily by an decrease in product exports in Delivery Trucks (ZAR-40.8M or -98.9%), Propylene Polymers (ZAR-8.95M or -27.7%), and Non-fillet Frozen Fish (ZAR-3.78M or -26.1%). In September 2024, the increase in South Africa's year-by-year imports  from Portugal was explained primarily by an increase in product imports  in Insulated Wire (ZAR34.2M or 297%), Cars (ZAR32.8M or 37.3%), and Commodities not elsewhere specified (ZAR20.8M or 51.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)ZAR-226M(-32.5%)
IMPORT GROWTH (September 2023 - September 2024)ZAR30M(8.94%)
MAIN EXPORTER (September 2024)Cape TownZAR274M

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

For full datasets download visit Bulk Download page.

Explore Portugal and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $242M to Portugal. There were not main exports from South Africa to Portugal in 2022. During the last 5 years the exports of South Africa to Portugal have increased at an annualized rate of 1.07%, from $229M in 2017 to $242M in 2022.

In 2017, Portugal exported $330M to South Africa. The main products exported from Portugal to South Africa were Cars ($93.2M), Delivery Trucks ($32.4M), and Insulated Wire ($17.1M). During the last 5 years the exports of Portugal to South Africa have increased at an annualized rate of 7.13%, from $234M in 2022 to $330M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from South Africa than Portugal included China ($23.4B), India ($9.14B), and Japan ($8.85B).

In 2022, countries that imported more from Portugal than South Africa included Spain ($20.5B), France ($9.49B), and Angola ($1.59B).

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

Comparative Advantage South Africa - Portugal

Flow
Scale

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

During 2022, South Africa had a large net trade with Portugal in the exports of Vegetable Products ($107M), Transportation ($30.8M), and Plastics and Rubbers ($30.5M).

During 2017, Portugal had a large net trade with South Africa in the exports of Transportation ($133M), Machines ($61.7M), and Plastics and Rubbers ($23.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Portugal+$24.6MCars
Top Product Potential Portugal South Africa+$25.4MCars

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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Bilateral Service Trade

In 2020, Portugal exported services to South Africa worth $24M, with Travel ($24M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Portugal (Flag) to South Africa (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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