Is South Africa helping Russia? What the money flows show
South Africa's support for Ukraine since 2022: −€3m (<0.01% of one year's GDP: its aid, refugee hosting, private donations and its other parts of support, net of money flowing back). Russia kept €1.8bn (0.49% of GDP) more than without the war, mostly Russian crude in fuel bought from refiners elsewhere (€1.7bn of €1.8bn). The net is 0.49% of a year's GDP toward Russia (likely 0.18% to 0.79% toward Russia; very likely · >99%).
likely 0.18% to 0.79% toward Russia · €1.8bn · ≈ 0.10%/yr
Earned more from Ukraine's war effort than it gave + raised Russia's earnings from trade = 0.49% of GDP toward Russia. Mostly toward Russia (mostly Russian crude in fuel bought from refiners elsewhere).
Chance toward Russia: >99%; 100% of the other method choices agree.
Support for Ukraine
Earned more from Ukraine's war effort than it gave, by
<0.01%
€3m
likely from 0.01% below zero to 0.02% above zero essentially zero
Russia's earnings from trade
Raised Russia's earnings from trade by
0.49%
€1.8bn
likely 0.18% to 0.79% toward Russia very likely · >99%
Russia kept €1.8bn (0.49% of GDP) more than without the war, mostly Russian crude in fuel bought from refiners elsewhere (€1.7bn of €1.8bn).
Russia's gain: Russia kept 0.48% of GDP more (€1.8bn; likely 0.19% to 0.70% toward Russia)
South Africa's own gain from trade with Russia: South Africa kept <0.01% of GDP more from its trade with Russia (€21m; likely from 0.21% toward Russia to 0.09% toward Ukraine)
The two lines add up to Russia's earnings from trade; their ranges do not.
Its story in short
Mostly from fuel buying Orange here is mostly fuel buying, not siding with Russia. Most of this is fuel and food bought from Russia. Fuel is fungible and sold through many traders: the figure reflects what this economy bought, not a policy toward Russia or Ukraine.
Mostly one part Russia kept more from its oil bought via other countries: €1.7bn of the net's €1.8bn.
What makes up the number
Earned more from Ukraine's war effort than it gave, by <0.01% · €3m
South Africa kept part of others' aid, spent hereC
−<0.01%
€10m
Its share of IMF and World Bank loansC
+<0.01%
€9m
Ukraine kept less from sales hereC
−<0.01%
€2m
Raised Russia's earnings from trade by 0.49% · €1.8bn
Russia kept more from its oil bought via other countriesC
−0.47%
€1.7bn
Russia kept more from fuel and goods sold hereC
−0.03%
€93m
Russia kept less: fuel sold below no-war pricesC
+0.01%
€55m
South Africa earned an extra price from Russia because of sanctionsD
−<0.01%
€27m
South Africa's companies made less profit in RussiaC
+<0.01%
€26m
South Africa kept more from selling to RussiaC
−<0.01%
€19m
Its firms paid Russia more taxC
−<0.01%
€3m
Russia kept more from services sold hereC
−<0.01%
€1m
South Africa kept more from services sold to RussiaC
−<0.01%
€1m
+ toward Ukraine, − toward Russia (in support for Ukraine, − is money it earned back or bought less from Ukraine than without the war). Letters: A reported, B measured estimate, C modelled estimate, D rough indication.
By year
The year with the largest net amount was 2022: −€0.57bn.
It bought €0.49bn from Russia in 2021 and €0.46bn in 2025 (−6%). It sold €0.35bn to Russia in 2021 and €0.78bn in 2025 (+124%). Before the war (2018–2021), fuel was 11.5% of what it bought from Russia. For South Africa: €55m paid below no-war prices, most of it in 2023. These are sales values at each year's prices; the totals count what the seller kept on them.
What it bought from Russia, by fuel
South Africa's purchases from Russia, 2022 to August 2026, by fuel: by its own customs records (CIF), on the map's basis (the Russian border price, FOB) and by CREA's tracker (ship data). The map's figure is the total on the map's basis.
Fuel
Customs (CIF)
Map basis (FOB)
Tracker (CREA)
Quality
Oil products
€0.13bn
€0.40bnrange €0.24bn to €0.62bn
€0.19bn
C (estimate)
Coal
€0.18bn
€0.17bnrange €0.11bn to €0.25bn
€59m
C (estimate)
Other goods
€2bn
€1.9bn
–
All goods
€2.4bn
€2.5bn
–
Quality by year: 2022: A, 2023: A, 2024: A, 2025: A, 2026, January to August: C. C and D are estimates.
We found no sanctions of South Africa's own against Russia (checked 27 October 2026). This says nothing about whether firms there follow other countries' sanctions. Russia's list of “unfriendly” states does not name South Africa. Checked 27 October 2026.
Russian oil bought at a war-time discount saved it about €16m. This is not in the totals: shown for information.
Money flowing back from the war effort
€0.32bn of aid and of Ukraine's purchases was spent in South Africa; what its firms kept of it, €10m, is taken off its support.
Indirect channels: hubs, refined oil, shipping
Russia kept more from its oil bought via other countries: €1.7bn (0.47% of one year's GDP). More fuel bought from refiners abroad, some of it made from Russian crude, because its own refineries closed (New Zealand's Marsden Point in 2022; South Africa's Engen and SAPREF in 2020 and 2022). A structural change in supply, not a policy.
Compared with its neighbours and groups
In the map's ranking: number 21 of 32 economies toward Russia, as a share of GDP. BRICS: number 4 of 6 members toward Russia.
28 sources back its parts: 9 official statistics, 5 research reports, 0 press reports and 2 of this project's own estimates, plus 12 method inputs. By size, 0% of its parts are reported or measured (A–B), 99% modelled (C) and 1% rough indications (D).
Data coverage
Aid to Ukraine: estimated no record found: 0, with a small upper bound
Private donations: estimated national totals or a GDP-based estimate
Services trade with Russia: estimated Eurostat, OECD-WTO and Bank of Russia data
Refugee hosting: reported no refugees from Ukraine recorded
Bought from Russia: reported reported 2021-2025
Sold to Russia: estimated partner data plus an estimate of goods reaching Russia via third countries
Bought from Ukraine: reported reported 2021-2025
Sold to Ukraine: reported reported 2021-2025
Energy switching cost: estimated modelled per fuel and month
Company taxes in Russia: reported KSE country figures
Sources, by part
Russia kept more from its oil bought via other countries C
In money terms the net is −0.49% of one year's GDP (likely 0.18% to 0.79% toward Russia; very likely · >99%). Chance toward Russia: >99%; 100% of the other method choices agree. Russia kept €1.8bn (0.49% of GDP) more than without the war, mostly Russian crude in fuel bought from refiners elsewhere (€1.7bn of €1.8bn). Most of this is fuel and food bought from Russia. Fuel is fungible and sold through many traders: the figure reflects what this economy bought, not a policy toward Russia or Ukraine. The number counts money: weapons at their money value; votes, diplomacy and intent are not in it.
South Africa–Russia relations: what do the numbers show?
In money terms: it bought €0.46bn from Russia in 2025 (€0.49bn in 2021), and sold €0.78bn to Russia; its support for Ukraine since 2022 is €3m; and the net, with what Russia kept from trade against a world without the war, is −0.49% of one year's GDP (likely 0.18% to 0.79% toward Russia; very likely · >99%). Diplomacy, security ties and politics are not in these numbers.
Does South Africa trade with Russia?
It bought €0.46bn from Russia in 2025 (€0.49bn in 2021), and sold €0.78bn to Russia. What counts here is the change in what Russia kept from that trade (taxes and profit, not sales) against a world without the war: Russia kept €1.8bn (0.49% of GDP) more than without the war, mostly Russian crude in fuel bought from refiners elsewhere (€1.7bn of €1.8bn).
How does South Africa compare with its neighbours?
The net as a share of one year's GDP: Eswatini +0.01%, Lesotho +0.01%, Zimbabwe −0.05%, Botswana −0.07%, South Africa −0.49%, Namibia −0.83%, Mozambique −0.85%. In the map's ranking: number 21 of 32 economies toward Russia, as a share of GDP.
We found no sanctions of South Africa's own against Russia (checked 27 October 2026). This says nothing about whether firms there follow other countries' sanctions. Russia's list of “unfriendly” states does not name South Africa.