2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 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
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

South Africa-Norway Trade: In 2022, South Africa exported $292M to Norway. The main products that South Africa exported to Norway were Manganese Ore ($121M), Special Purpose Ships ($37.6M), and Raw Aluminium ($34.9M). Over the past 5 years the exports of South Africa to Norway have increased at an annualized rate of 2.68%, from $255M in 2017 to $292M in 2022.

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

Norway-South Africa Trade: In 2022, Norway exported $114M to South Africa. The main products that Norway exported to South Africa were Non-fillet Fresh Fish ($27.6M), Newsprint ($7.35M), and Non-fillet Frozen Fish ($6.84M). Over the past 5 years the exports of Norway to South Africa have increased at an annualized rate of 5.34%,  from $87.9M in 2017 to $114M in 2022.

In 2003, Norway exported services to South Africa worth $2.37M, with Other business services ($2.21M) and Insurance services ($158k) 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $292M to Norway. The main products exported from South Africa to Norway were Manganese Ore ($121M), Special Purpose Ships ($37.6M), and Raw Aluminium ($34.9M). During the last 5 years the exports of South Africa to Norway have increased at an annualized rate of 2.68%, from $255M in 2017 to $292M in 2022.

In 2017, Norway exported $114M to South Africa. The main products exported from Norway to South Africa were Non-fillet Fresh Fish ($27.6M), Newsprint ($7.35M), and Non-fillet Frozen Fish ($6.84M). During the last 5 years the exports of Norway to South Africa have increased at an annualized rate of 5.34%, from $87.9M in 2022 to $114M in 2017.

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

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

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Norway
Top Destination
Germany$78.1B

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

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

In 2022, countries that imported more from Norway than South Africa included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage South Africa - Norway

Flow
Scale

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

During 2022, South Africa had a large net trade with Norway in the exports of Mineral Products ($130M), Transportation ($59.7M), and Metals ($39.1M).

During 2017, Norway had a large net trade with South Africa in the exports of Animal Products ($40.3M), Chemical Products ($23.5M), and Machines ($16.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Norway+$14.4MCars
Top Product Potential Norway South Africa+$3.91MPackaged Medicaments

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

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

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