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2022
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Exports $192MRnk 57 / 214
2022
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Top Product $58.2MCitrus
2022
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Exports $137MRnk 37 / 139
2022
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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$406BCURRENT US$
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2012-2022
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GDP GROWTH-6.57%CURRENT US$
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2022
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 GDP$460BCURRENT US$
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2012-2022
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GDP GROWTH245%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$2,688CURRENT US$
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2012-2022
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GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

South Africa-Bangladesh In 2022, South Africa exported $192M to Bangladesh. The main products that South Africa exported to Bangladesh are Citrus ($58.2M), Coal Briquettes ($38.7M), and Apples and Pears ($33M). During the last 27 years the exports of South Africa to Bangladesh have increased at an annualized rate of 18.7%, from $1.88M in 1995 to $192M in 2022.

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

Bangladesh-South Africa 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). During the last 27 years the exports of Bangladesh to South Africa have increased at an annualized rate of 11.5%, from $7.26M in 1995 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

February, 2024

About

Overview In February 2024, South Africa exported ZAR305M and imported ZAR190M from Bangladesh, resulting in a positive trade balance of ZAR116M. Between February 2023 and February 2024 the exports of South Africa have increased by ZAR213M (232%) from ZAR91.9M to ZAR305M, while imports decreased by ZAR-3.67M (-1.9%) from ZAR193M to ZAR190M.

Trade In February 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 February 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 February 2024 the exports of South Africa were mainly from Cape Town (ZAR146M), O.R. Tambo Int Airport (ZAR119M), Durban (ZAR37.5M), Pietermaritzburg (ZAR2.03M), and Port Elizabeth (ZAR798k), while imports destinations were mainly Durban (ZAR110M), Cape Town (ZAR43.6M), O.R. Tambo Int Airport (ZAR12M), Port Elizabeth (ZAR11.3M), and Johannesburg (ZAR6.46M).

Growth In February 2024, the increase in South Africa's year-by-year exports to Bangladesh was explained primarily by an increase in product exports in Apples and Pears (ZAR3.02M or 397%), Radioactive Chemicals (ZAR69.1k or 9.84%), and Other Inedible Animal Products (ZAR100 or 25%). In February 2024, the decrease in South Africa's year-by-year imports  from Bangladesh was explained primarily by an decrease in product imports  in Awnings, Tents, and Sails (ZAR-4.86M or -71.9%), Knit Babies' Garments (ZAR-3.99M or -42.3%), and Knit Men's Shirts (ZAR-3.52M or -66.8%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)ZAR213M(232%)
IMPORT GROWTH (February 2023 - February 2024)ZAR-3.67M(-1.9%)
MAIN EXPORTER (February 2024)Cape TownZAR146M

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 27 years the exports of South Africa to Bangladesh have increased at an annualized rate of 18.7%, from $1.88M in 1995 to $192M in 2022.

In 2022, 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 27 years the exports of Bangladesh to South Africa have increased at an annualized rate of 11.5%, from $7.26M in 1995 to $137M in 2022.

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 2021, countries that imported more from South Africa than Bangladesh were China ($23.4B), Japan ($8.85B), and India ($9.14B).

In 2021, countries that imported more from Bangladesh than South Africa were 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 2022, 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).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Africa has comparative advantage over Bangladesh. Similarly, the more yellow a dot/product is, the more Bangladesh has comparative advantage over South Africa.

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

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