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Pricing

2022
Flag → Flag
Exports $521MRnk 39 / 214
2022
Flag → Flag
Top Product $101MPropylene Polymers
2022
Flag → Flag
Exports $2.25BRnk 8 / 166
2022
Flag → Flag
Top Product $2.16BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
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Economic Complexity (ECI) ECI -1.67Rnk 127 / 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
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 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
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GDP PC $6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186

About

South Africa-Nigeria Trade: In 2022, South Africa exported $521M to Nigeria. The main products that South Africa exported to Nigeria were Propylene Polymers ($101M), Apples and Pears ($45.5M), and Metal Stoppers ($22.2M). Over the past 5 years the exports of South Africa to Nigeria have increased at an annualized rate of 3.13%, from $447M in 2017 to $521M in 2022.

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

Nigeria-South Africa Trade: In 2022, Nigeria exported $2.25B to South Africa. The main products that Nigeria exported to South Africa were Crude Petroleum ($2.16B), Petroleum Gas ($64.3M), and Rubber ($6.82M). Over the past 5 years the exports of Nigeria to South Africa have increased at an annualized rate of 5.46%,  from $1.72B in 2017 to $2.25B in 2022.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Latest Trends

June, 2024

About

Overview In June 2024, South Africa exported ZAR482M and imported ZAR3.39B from Nigeria, resulting in a negative trade balance of ZAR2.9B. Between June 2023 and June 2024 the exports of South Africa have decreased by ZAR-26.1M (-5.14%) from ZAR508M to ZAR482M, while imports increased by ZAR423M (14.3%) from ZAR2.96B to ZAR3.39B.

Trade In June 2024, the top exports of South Africa to Nigeria were Propylene Polymers (ZAR127M), Stone Processing Machines (ZAR70.4M), Electric Batteries (ZAR56.7M), Apples and Pears (ZAR50.5M), and Metal Stoppers (ZAR26.9M). In June 2024 the top imports of South Africa from Nigeria were Crude Petroleum (ZAR4.71B), Petroleum Gas (ZAR328M), Rubber (ZAR6.89M), Scrap Copper (ZAR6.27M), and Glass Bottles (ZAR4.95M).

Origins In June 2024 the exports of South Africa were mainly from Durban (ZAR306M), Cape Town (ZAR77.6M), O.R. Tambo Int Airport (ZAR36.6M), Johannesburg (ZAR33.7M), and Germiston/Alberton (ZAR15.2M), while imports destinations were mainly Saldanha Bay (ZAR3.17B), Durban (ZAR205M), Cape Town (ZAR6.27M), O.R. Tambo Int Airport (ZAR1.3M), and Port Elizabeth (ZAR1.24M).

Growth In June 2024, the decrease in South Africa's year-by-year exports to Nigeria was explained primarily by an decrease in product exports in Propylene Polymers (ZAR-112M or -46.9%), Metal Stoppers (ZAR-24.3M or -47.5%), and Polyacetals (ZAR-15.8M or -96.9%). In June 2024, the increase in South Africa's year-by-year imports  from Nigeria was explained primarily by an increase in product imports  in Crude Petroleum (ZAR2.32B or 97.2%), Other Oily Seeds (ZAR1.25M or 84.9k%), and Spices (ZAR1.01M or 102%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)ZAR-26.1M(-5.14%)
IMPORT GROWTH (June 2023 - June 2024)ZAR423M(14.3%)
MAIN EXPORTER (June 2024)DurbanZAR306M

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

For full datasets download visit Bulk Download page.

Explore Nigeria and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $521M to Nigeria. The main products exported from South Africa to Nigeria were Propylene Polymers ($101M), Apples and Pears ($45.5M), and Metal Stoppers ($22.2M). During the last 5 years the exports of South Africa to Nigeria have increased at an annualized rate of 3.13%, from $447M in 2017 to $521M in 2022.

In 2017, Nigeria exported $2.25B to South Africa. The main products exported from Nigeria to South Africa were Crude Petroleum ($2.16B), Petroleum Gas ($64.3M), and Rubber ($6.82M). During the last 5 years the exports of Nigeria to South Africa have increased at an annualized rate of 5.46%, from $1.72B in 2022 to $2.25B in 2017.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from South Africa than Nigeria included China ($23.4B), Germany ($9.96B), and Japan ($8.85B).

In 2022, countries that imported more from Nigeria than South Africa included Spain ($9.41B), France ($4.95B), and Indonesia ($3.83B).

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

Comparative Advantage South Africa - Nigeria

Flow
Scale

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

During 2022, South Africa had a large net trade with Nigeria in the exports of Plastics and Rubbers ($119M), Machines ($79.8M), and Chemical Products ($75.6M).

During 2017, Nigeria had a large net trade with South Africa in the exports of Mineral Products ($2.22B), Plastics and Rubbers ($7.86M), and Stone And Glass ($5.75M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Nigeria+$17.6MCars
Top Product Potential Nigeria South Africa+$142MPetroleum Gas

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

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

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