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Trade between South Africa and Switzerland

In 2024, South Africa exported $3.4 billion to Switzerland and imported $776 million. South Africa ran a surplus of $2.6 billion with Switzerland, compared with a surplus of $2.4 billion in 2019. Switzerland was South Africa’s 14th largest trading partner (2% of its trade), and South Africa was Switzerland’s 35th (0.5%).

Summary

South Africa → Switzerland
$3.4billion
Switzerland → South Africa
$776million
South Africa’s balance
$2.6billion

Balance

South Africa’s trade balance with Switzerland

Trade between South Africa and Switzerland grew 3.5-fold since 1995

USD billions (current). South Africa’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 3.4
  • Imports 0.8
  • Balance +2.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$450 million$738 million-$288 million
1996$396 million$783 million-$387 million
1997$319 million$620 million-$302 million
1998$382 million$659 million-$276 million
1999$343 million$604 million-$261 million
2000$343 million$670 million-$328 million
2001$459 million$480 million-$20 million
2002$481 million$466 million$15 million
2003$728 million$493 million$236 million
2004$969 million$486 million$484 million
2005$1 billion$714 million$332 million
2006$1.1 billion$611 million$538 million
2007$1.2 billion$710 million$478 million
2008$778 million$748 million$29 million
2009$3.1 billion$732 million$2.4 billion
2010$2.3 billion$1.1 billion$1.2 billion
2011$3.2 billion$1.4 billion$1.8 billion
2012$3 billion$833 million$2.2 billion
2013$1.7 billion$937 million$742 million
2014$2.5 billion$838 million$1.6 billion
2015$2.8 billion$721 million$2.1 billion
2016$1.4 billion$719 million$728 million
2017$1.7 billion$781 million$949 million
2018$2.4 billion$813 million$1.6 billion
2019$3.2 billion$782 million$2.4 billion
2020$2.5 billion$968 million$1.5 billion
2021$4.4 billion$1.1 billion$3.3 billion
2022$6.6 billion$645 million$5.9 billion
2023$4.2 billion$634 million$3.6 billion
2024$3.4 billion$776 million$2.6 billion

What they sell each other

What South Africa sells to Switzerland

The top 10 headings in 2024, with their share of the total.

  1. Gold$2.8 billion · 82.6%
    37 tonnes · South Africa’s destinations
  2. Platinum$135 million · 4%
    4 tonnes · South Africa’s destinations
  3. Cars$132 million · 3.9%
    5 thousand tonnes · South Africa’s destinations
  4. Diamonds$86 million · 2.6%
    South Africa’s destinations
  5. Trucks$66 million · 2%
    3 thousand tonnes · South Africa’s destinations
  6. Unwrought aluminum$24 million · 0.71%
    9 thousand tonnes · South Africa’s destinations
  7. Citrus fruit$18 million · 0.54%
    12 thousand tonnes · South Africa’s destinations
  8. Grapes$12 million · 0.37%
    3 thousand tonnes
  9. 592 tonnes
  10. Wine$6 million · 0.18%
    2 thousand tonnes

What Switzerland sells to South Africa

The top 10 headings in 2024, with their share of the total.

  1. Gold$94 million · 12.1%
    1 tonne · Switzerland’s destinations
  2. Cigarettes and cigars$73 million · 9.5%
    3 thousand tonnes
  3. 485 tonnes · Switzerland’s destinations
  4. Other wristwatches$40 million · 5.2%
    5 tonnes
  5. 25 tonnes
  6. Soft drinks$29 million · 3.7%
    24 thousand tonnes
  7. Vaccines, blood and antisera$25 million · 3.2%
    68 tonnes · Switzerland’s destinations
  8. Precious metal watches$19 million · 2.4%
  9. Fragrance mixtures$17 million · 2.2%
    475 tonnes
  10. Printing and writing inks$17 million · 2.2%
    213 tonnes

How it travels

South Africa and Switzerland traded $4.1 billion in 2024 (both directions together). They trade mostly by air: 83% of the value travels by plane.

Split by transport mode

  1. Sea$714 million · 17.2%
  2. Air$3.4 billion · 82.8%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Switzerland was South Africa’s 14th largest trading partner (2% of its trade), and South Africa was Switzerland’s 35th (0.5%).

Switzerland in South Africa’s trade
1.6%
Switzerland’s rank among South Africa’s partners
14th
South Africa in Switzerland’s trade
0.5%
South Africa’s rank among Switzerland’s partners
35th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.