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2022
Flag → Flag
Exports $192MRnk 57 / 214
2022
Flag → Flag
Top Product $58.2MCitrus
2022
Flag → Flag
Exports $137MRnk 37 / 139
2022
Flag → Flag
Top Product $23.4MKnit Sweaters
2022
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Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
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Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
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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$460BCURRENT US$
Rnk 34 / 186
2012-2022
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GDP GROWTH245%CURRENT US$
Rnk 2 / 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
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GDP PC$2,688CURRENT US$
Rnk 136 / 186
2012-2022
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GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

South Africa-Bangladesh Trade: In 2022, South Africa exported $192M to Bangladesh. The main products that South Africa exported to Bangladesh were Citrus ($58.2M), Coal Briquettes ($38.7M), and Apples and Pears ($33M). Over the past 5 years the exports of South Africa to Bangladesh have increased at an annualized rate of 3.29%, from $163M in 2017 to $192M in 2022.

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

Bangladesh-South Africa Trade: In 2022, Bangladesh exported $137M to South Africa. The main products that Bangladesh exported to South Africa were Knit Sweaters ($23.4M), Non-Knit Men's Suits ($23.2M), and Knit T-shirts ($20.2M). Over the past 5 years the exports of Bangladesh to South Africa have increased at an annualized rate of 12.2%,  from $76.8M in 2017 to $137M in 2022.

In 2022, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Latest Trends

August, 2024

About

Overview In August 2024, South Africa exported ZAR597M and imported ZAR187M from Bangladesh, resulting in a positive trade balance of ZAR410M. Between August 2023 and August 2024 the exports of South Africa have decreased by ZAR-15.3M (-2.49%) from ZAR613M to ZAR597M, while imports increased by ZAR45.3M (31.9%) from ZAR142M to ZAR187M.

Trade In August 2024, the top exports of South Africa to Bangladesh were Coal Briquettes (ZAR21.2M), Apples and Pears (ZAR3.78M), Scrap Iron (ZAR2.45M), Vegetable Tanning Extracts (ZAR2.44M), and Synthetic Tanning Extracts (ZAR1.26M). In August 2024 the top imports of South Africa from Bangladesh were Knit Sweaters (ZAR77.1M), Knit T-shirts (ZAR27.5M), Non-Knit Women's Suits (ZAR21.6M), Non-Knit Men's Suits (ZAR20.7M), and Non-Knit Men's Shirts (ZAR17.7M).

Origins In August 2024 the exports of South Africa were mainly from Richards Bay (ZAR313M), Durban (ZAR113M), Cape Town (ZAR111M), Port Elizabeth (ZAR49.4M), and Pietermaritzburg (ZAR6.4M), while imports destinations were mainly Durban (ZAR108M), Cape Town (ZAR38.5M), Port Elizabeth (ZAR15.3M), O.R. Tambo Int Airport (ZAR11.8M), and Cape Town Int Airport (ZAR6.91M).

Growth In August 2024, the decrease in South Africa's year-by-year exports to Bangladesh was explained primarily by an decrease in product exports in Scrap Iron (ZAR-54.3M or -95.7%), Vegetable Tanning Extracts (ZAR-4.55M or -65.1%), and Synthetic Tanning Extracts (ZAR-849k or -40.2%). In August 2024, the increase in South Africa's year-by-year imports  from Bangladesh was explained primarily by an increase in product imports  in Knit Sweaters (ZAR26M or 51%), Non-Knit Men's Shirts (ZAR14.2M or 396%), and Knit T-shirts (ZAR7.59M or 38.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)ZAR-15.3M(-2.49%)
IMPORT GROWTH (August 2023 - August 2024)ZAR45.3M(31.9%)
MAIN EXPORTER (August 2024)Richards BayZAR313M

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

For full datasets download visit Bulk Download page.

Explore Bangladesh and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $192M to Bangladesh. The main products exported from South Africa to Bangladesh were Citrus ($58.2M), Coal Briquettes ($38.7M), and Apples and Pears ($33M). During the last 5 years the exports of South Africa to Bangladesh have increased at an annualized rate of 3.29%, from $163M in 2017 to $192M in 2022.

In 2017, Bangladesh exported $137M to South Africa. The main products exported from Bangladesh to South Africa were Knit Sweaters ($23.4M), Non-Knit Men's Suits ($23.2M), and Knit T-shirts ($20.2M). During the last 5 years the exports of Bangladesh to South Africa have increased at an annualized rate of 12.2%, from $76.8M in 2022 to $137M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Bangladesh
Top DestinationUnited States$11.7B

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

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

In 2022, countries that imported more from Bangladesh than South Africa included Spain ($4.41B), Poland ($3.53B), and France ($3.17B).

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

Comparative Advantage South Africa - Bangladesh

Flow
Scale

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

During 2022, South Africa had a large net trade with Bangladesh in the exports of Vegetable Products ($95.7M), Mineral Products ($43.4M), and Metals ($26.8M).

During 2017, Bangladesh had a large net trade with South Africa in the exports of Textiles ($121M), Footwear and Headwear ($8.85M), and Chemical Products ($2.82M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Bangladesh+$31.9MCoal Briquettes
Top Product Potential Bangladesh South Africa+$21.6MNon-Knit Men's Suits

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

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

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