South Africa-Japan Bilateral Trade Analysis 2023

Complete trade statistics: $8.49B total volume โ€ขSouth Africa surplus: $4.41B

South Africa โ†’ Japan

$6.45B

Exports (2023)

Japan โ†’ South Africa

$2.04B

Imports (2023)

Trade Balance

$4.41B

Surplus for South Africa

Total Trade

$8.49B

Combined Volume

Trade Flow Visualization

Direct trade relationship between South Africa and Japan. Green line shows exports from South Africa, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the South Africa-Japan commercial relationship and competitive positioning in global markets.

South Africa โ†’ Japan Exports

$6.45B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
16.5% top product
1Metals: rhodium, unwrought or in powder form
$1.06B
16.5% of exports
2Metals: palladium, unwrought or in powder form
$838.65M
13.0% of exports
3Metals: platinum, unwrought or in powder form
$700.24M
10.9% of exports
4Iron ores and concentrates: non-agglomerated
$449.98M
7.0% of exports
5Coal: bituminous, whether or not pulverised, but not agglomerated
$438.82M
6.8% of exports
6Metals: platinum, semi-manufactured
$394.21M
6.1% of exports
7Metals: iridium, osmium, ruthenium, unwrought or in powder form
$312.27M
4.8% of exports
8Ferro-alloys: ferro-chromium, containing by weight more than 4% of carbon
$187.41M
2.9% of exports
9Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc
$168.70M
2.6% of exports
10Aluminium: unwrought, (not alloyed)
$163.67M
2.5% of exports

๐ŸŽฏ Strategic Export Focus

South Africa's export portfolio to Japan demonstrates strong diversification across multiple sectors, with metals: rhodium, unwrought or in powder form representing a key competitive advantage in this bilateral market.

Japan โ†’ South Africa Imports

$2.04B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
8.1% concentration
1Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 2500cc
$164.80M
8.1% of imports
2Mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure
$99.31M
4.9% of imports
3Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
$96.68M
4.7% of imports
4Printing machinery: parts and accessories, n.e.c. in item no. 8443.91
$79.92M
3.9% of imports
5Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1
$66.96M
3.3% of imports
6Vehicles: public transport type (carries 10 or more persons, including driver), with only compression-ignition internal combustion piston engine (diesel or semi-diesel), new or used
$57.34M
2.8% of imports
7Rubber: new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines
$54.05M
2.6% of imports
8Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power
$42.12M
2.1% of imports
9Bulldozers and angledozers: self-propelled, track laying
$38.23M
1.9% of imports
10Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc
$36.96M
1.8% of imports

๐Ÿ“ฆ Import Strategy Analysis

South Africa's import pattern from Japan reveals significant dependencyin vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 2500cc, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

South Africa demonstrates competitive strength in exportingmetals: rhodium, unwrought or in powder form to Japan, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
๐Ÿ“ˆ

Growth Potential

The $8.49B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: South Africa-Japan Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $8.49 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: South Africa maintains a surplus of $4.41 billion
  • Export Focus: South Africa's primary exports include metals: rhodium, unwrought or in powder form, metals: palladium, unwrought or in powder form, metals: platinum, unwrought or in powder form
  • Import Dependencies: Key imports from Japan include vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 2500cc, mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthImbalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $8.49B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with South Africa leveraging its comparative advantages in metals: rhodium, unwrought or in powder form.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

South Africa's specialization in metals: rhodium, unwrought or in powder formcomplements Japan's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 2500cc.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $8.49B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyHigh
๐Ÿ”ฎ

Trade Relationship Outlook

The $8.49B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

๐Ÿ’ฐ

Trade Volume Impact

The $8.49 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
๐Ÿญ

Industrial Integration

Trade flows in metals: rhodium, unwrought or in powder form and vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 2500cc demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

South Africa's trade surplus of $4.41 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in metals: palladium, unwrought or in powder form present expansion opportunities.
Market Diversification
Beyond current focus on vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 2500cc, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in metals: rhodium, unwrought or in powder form may affect future market positioning.

๐ŸŽฏStrategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between South Africa and Japan represents a total trade volume of $8.49 billion in 2023. This partnership demonstrates a favorable trade balance for South Africa, with exports exceeding importsby $4.41 billion.

Export Strengths

South Africa's exports to Japan total $6.45 billion, with competitive advantages in metals: rhodium, unwrought or in powder form, representing $1.06B or16.5% of bilateral exports.

Import Dependencies

Imports from Japan amount to $2.04 billion, highlighting economic interdependence in vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 2500cc, with Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 2500cc comprising8.1% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates South Africa's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between South Africa and Japan in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) โ€ข Last Updated: January 2025 โ€ข Coverage: 1995-2023