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2022
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Exports $123MRnk 64 / 214
2022
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Top Product $80.3MIron Ore
2022
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Exports $231MRnk 49 / 196
2022
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Top Product $55MCars
2022
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Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
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Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
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GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH-6.57%CURRENT US$
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2022
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 GDP$301BCURRENT US$
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2012-2022
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GDP GROWTH68.2%CURRENT US$
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2022
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GDP PC $6,776CURRENT US$
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2012-2022
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GDP PC GROWTH-17.1%CURRENT US$
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2022
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GDP PC$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186

About

South Africa-Romania Trade: In 2022, South Africa exported $123M to Romania. The main products that South Africa exported to Romania were Iron Ore ($80.3M), Raw Sugar ($14.9M), and Delivery Trucks ($5.44M). Over the past 5 years the exports of South Africa to Romania have increased at an annualized rate of 24.9%, from $40.3M in 2017 to $123M in 2022.

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

Romania-South Africa Trade: In 2022, Romania exported $231M to South Africa. The main products that Romania exported to South Africa were Cars ($55M), Seed Oils ($41.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($24M). Over the past 5 years the exports of Romania to South Africa have decreased at an annualized rate of 3.18%,  from $271M in 2017 to $231M in 2022.

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 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Latest Trends

September, 2024

About

Overview In September 2024, South Africa exported ZAR274M and imported ZAR770M from Romania, resulting in a negative trade balance of ZAR496M. Between September 2023 and September 2024 the exports of South Africa have increased by ZAR174M (174%) from ZAR99.9M to ZAR274M, while imports increased by ZAR262M (51.5%) from ZAR508M to ZAR770M.

Trade In September 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 September 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 September 2024 the exports of South Africa were mainly from Saldanha Bay (ZAR263M), Cape Town (ZAR4.07M), Cape Town Int Airport (ZAR2.09M), Durban (ZAR1.48M), and Port Elizabeth (ZAR898k), while imports destinations were mainly East London (ZAR310M), Port Elizabeth (ZAR155M), Pretoria (ZAR100M), Durban (ZAR90.5M), and O.R. Tambo Int Airport (ZAR83.4M).

Growth In September 2024, the increase in South Africa's year-by-year exports to Romania was explained primarily by an increase in product exports in . In September 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 (September 2023 - September 2024)ZAR174M(174%)
IMPORT GROWTH (September 2023 - September 2024)ZAR262M(51.5%)
MAIN EXPORTER (September 2024)Saldanha BayZAR263M

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 2022, South Africa exported $123M to Romania. The main products exported from South Africa to Romania were Iron Ore ($80.3M), Raw Sugar ($14.9M), and Delivery Trucks ($5.44M). During the last 5 years the exports of South Africa to Romania have increased at an annualized rate of 24.9%, from $40.3M in 2017 to $123M in 2022.

In 2017, Romania exported $231M to South Africa. The main products exported from Romania to South Africa were Cars ($55M), Seed Oils ($41.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($24M). During the last 5 years the exports of Romania to South Africa have decreased at an annualized rate of 3.18%, from $271M in 2022 to $231M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Romania than South Africa included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

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 2022, South Africa had a large net trade with Romania in the exports of Mineral Products ($86.3M), Foodstuffs ($16.9M), and Transportation ($6.41M).

During 2017, Romania had a large net trade with South Africa in the exports of Transportation ($79.6M), Machines ($51.1M), and Animal and Vegetable Bi-Products ($41.4M).

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) (2022)

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