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2023
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Exports $162MRnk 59 / 211
2023
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Top Product $104MIron Ore
2023
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Exports $207MRnk 50 / 199
2023
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Top Product $24.5MCars
2023
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Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
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Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
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GDP$381BCURRENT US$
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2013-2023
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GDP GROWTH-5.04%CURRENT US$
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2023
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 GDP$351BCURRENT US$
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2013-2023
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GDP GROWTH84.8%CURRENT US$
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2023
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GDP PC $6,023CURRENT US$
Rnk 113 / 195
2013-2023
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GDP PC GROWTH-17.9%CURRENT US$
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2023
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GDP PC$18,404CURRENT US$
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2013-2023
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GDP PC GROWTH93.8%CURRENT US$
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About

South Africa-Romania Trade: In 2023, South Africa exported $162M to Romania. The main products that South Africa exported to Romania were Iron Ore ($104M), Coal Briquettes ($21.9M), and Delivery Trucks ($19.2M). Over the past 5 years the exports of South Africa to Romania have increased at an annualized rate of 21.1%, from $61.9M in 2018 to $162M in 2023.

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

Romania-South Africa Trade: In 2023, Romania exported $207M to South Africa. The main products that Romania exported to South Africa were Cars ($24.5M), Motor vehicles; parts and accessories (8701 to 8705) ($22.3M), and Seed Oils ($13.1M). Over the past 5 years the exports of Romania to South Africa have decreased at an annualized rate of 9.31%,  from $338M in 2018 to $207M in 2023.

In 2020, Romania exported services to South Africa worth $16.6M, with Other business services ($9.25M), Computer and information services ($4.45M), and Transportation ($2.17M) being the largest in terms of value.

Comparison: In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Latest Trends

November, 2024

About

Overview In November 2024, South Africa exported ZAR14.5M and imported ZAR718M from Romania, resulting in a negative trade balance of ZAR704M. Between November 2023 and November 2024 the exports of South Africa have decreased by ZAR-370M (-96.2%) from ZAR385M to ZAR14.5M, while imports increased by ZAR9.15M (1.29%) from ZAR709M to ZAR718M.

Trade In November 2024, the top exports of South Africa to Romania were Beauty Products (ZAR1.73M), Coal Briquettes (ZAR362k), Wood Charcoal (ZAR164k), Ornamental Ceramics (ZAR130k), and Ink (ZAR84.4k). In November 2024 the top imports of South Africa from Romania were Commodities not elsewhere specified (ZAR155M), Motor vehicles; parts and accessories (8701... (ZAR47.6M), Cars (ZAR42.3M), Rubber Tires (ZAR21.3M), and Telephones (ZAR18.3M).

Origins In November 2024 the exports of South Africa were mainly from Durban (ZAR4.49M), Johannesburg (ZAR4.13M), King Shaka Int Airport (ZAR2.24M), Cape Town (ZAR2.14M), and Cape Town Int Airport (ZAR1.07M), while imports destinations were mainly East London (ZAR271M), Durban (ZAR228M), Port Elizabeth (ZAR83.1M), O.R. Tambo Int Airport (ZAR75.4M), and Pretoria (ZAR27M).

Growth In November 2024, the decrease in South Africa's year-by-year exports to Romania was explained primarily by an decrease in product exports in . In November 2024, the increase in South Africa's year-by-year imports  from Romania was explained primarily by an increase in product imports  in Commodities not elsewhere specified (ZAR73.1M or 88.9%), Motor vehicles; parts and accessories (8701... (ZAR25.3M or 113%), and Packaged Medicaments (ZAR8.99M or 606%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)ZAR-370M(-96.2%)
IMPORT GROWTH (November 2023 - November 2024)ZAR9.15M(1.29%)
MAIN EXPORTER (November 2024)DurbanZAR4.49M

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

For full datasets download visit Bulk Download page.

Explore Romania and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $162M to Romania. The main products exported from South Africa to Romania were Iron Ore ($104M), Coal Briquettes ($21.9M), and Delivery Trucks ($19.2M). During the last 5 years the exports of South Africa to Romania have increased at an annualized rate of 21.1%, from $61.9M in 2018 to $162M in 2023.

In 2018, Romania exported $207M to South Africa. The main products exported from Romania to South Africa were Cars ($24.5M), Motor vehicles; parts and accessories (8701 to 8705) ($22.3M), and Seed Oils ($13.1M). During the last 5 years the exports of Romania to South Africa have decreased at an annualized rate of 9.31%, from $338M in 2023 to $207M in 2018.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Romania
Top DestinationGermany$19.9B

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

In 2023, countries that imported more from South Africa than Romania included China ($29.5B), India ($10.8B), and United States ($13B).

In 2023, countries that imported more from Romania than South Africa included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage South Africa - Romania

Flow
Scale

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

During 2023, South Africa had a large net trade with Romania in the exports of Mineral Products ($126M), Transportation ($20.4M), and Chemical Products ($4.8M).

During 2018, Romania had a large net trade with South Africa in the exports of Machines ($83.2M), Transportation ($47.2M), and Plastics and Rubbers ($23.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Romania+$9.03MCoal Briquettes
Top Product Potential Romania South Africa+$39.4MCars

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, Romania exported services to South Africa worth $16.6M, with Other business services ($9.25M), Computer and information services ($4.45M), and Transportation ($2.17M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (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 Romania. This means that a dot/product with the flag of South Africa indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over South Africa.

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

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