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Trade between South Africa and Vietnam

In 2024, South Africa exported $611 million to Vietnam and imported $1.1 billion. South Africa ran a deficit of $491 million with Vietnam, compared with a deficit of $537 million in 2019. Vietnam was South Africa’s 34th largest trading partner (0.7% of its trade), and South Africa was Vietnam’s 33rd (0.2%).

Summary

South Africa → Vietnam
$611million
Vietnam → South Africa
$1.1billion
South Africa’s balance
-$491million

Balance

South Africa’s trade balance with Vietnam

Trade between South Africa and Vietnam grew 95.9-fold since 1995

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

  • Exports 0.6
  • Imports 1.1
  • Balance -0.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$3 million$15 million-$12 million
1996$4 million$8 million-$4 million
1997$8 million$16 million-$8 million
1998$5 million$12 million-$7 million
1999$4 million$17 million-$12 million
2000$6 million$33 million-$27 million
2001$11 million$24 million-$13 million
2002$31 million$25 million$6 million
2003$113 million$32 million$81 million
2004$95 million$55 million$40 million
2005$135 million$79 million$56 million
2006$70 million$98 million-$29 million
2007$85 million$142 million-$57 million
2008$133 million$179 million-$46 million
2009$121 million$337 million-$216 million
2010$176 million$385 million-$209 million
2011$210 million$426 million-$216 million
2012$109 million$664 million-$555 million
2013$220 million$1 billion-$790 million
2014$200 million$1 billion-$818 million
2015$184 million$1.3 billion-$1.1 billion
2016$251 million$1.2 billion-$928 million
2017$317 million$1 billion-$722 million
2018$442 million$901 million-$458 million
2019$420 million$956 million-$537 million
2020$939 million$868 million$71 million
2021$608 million$1.1 billion-$461 million
2022$378 million$1.1 billion-$735 million
2023$390 million$1 billion-$622 million
2024$611 million$1.1 billion-$491 million

What they sell each other

What South Africa sells to Vietnam

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

  1. Coal$410 million · 67.2%
    4.7 million tonnes · South Africa’s destinations
  2. Iron ore$60 million · 9.9%
    622 thousand tonnes · South Africa’s destinations
  3. Apples and pears$28 million · 4.6%
    28 thousand tonnes
  4. Soybeans$14 million · 2.3%
    28 thousand tonnes
  5. Grapes$14 million · 2.2%
    4 thousand tonnes
  6. 2 thousand tonnes
  7. Tanned cattle hides$9 million · 1.5%
    8 thousand tonnes
  8. Unwrought aluminum$7 million · 1.2%
    3 thousand tonnes · South Africa’s destinations
  9. Hot-rolled flat steel$7 million · 1.1%
    24 thousand tonnes
  10. Manganese ore$6 million · 0.98%
    27 thousand tonnes · South Africa’s destinations

What Vietnam sells to South Africa

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

  1. 294 tonnes
  2. Textile footwear$77 million · 7%
  3. Leather footwear$57 million · 5.1%
  4. Computers$50 million · 4.5%
    Vietnam’s destinations
  5. 20 tonnes
  6. Cement$46 million · 4.1%
    1.1 million tonnes
  7. Rubber and plastic footwear$36 million · 3.3%
  8. New tires$33 million · 3%
    Vietnam’s destinations
  9. Microphones and speakers$30 million · 2.7%
  10. Tugboats$25 million · 2.3%
    491 tonnes

How it travels

Estimated sea route from Durban to Phu My.

The estimated sea route between Durban and Phu My is 5,624 nautical miles (10,416 km) long: ≈ 13–16.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Malacca and Singapore.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.2 billion · 72.6%
  2. Air$470 million · 27.4%

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

How much each matters to the other

Vietnam was South Africa’s 34th largest trading partner (0.7% of its trade), and South Africa was Vietnam’s 33rd (0.2%).

Vietnam in South Africa’s trade
0.7%
Vietnam’s rank among South Africa’s partners
34th
South Africa in Vietnam’s trade
0.2%
South Africa’s rank among Vietnam’s partners
33rd

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.