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2022
Exports $272MWorld Rnk 22 / 185
Flag Rnk 54 / 1213
2022
Destination $19.5M Zimbabwe
2021 - 2022
FASTEST GROWING MARKET $19.5MZimbabwe
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles0.88Rnk 219 / 1025
2022
Imports $947MWorld Rnk 13 / 222
Flag Rnk 13 / 1213
2022
Origin $138M China
2021 - 2022
FASTEST GROWING ORIGIN $138MChina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $272M in Large Construction Vehicles, making it the 22nd largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 54th most exported product in South Africa. The main destination of Large Construction Vehicles exports from South Africa are: Zimbabwe ($82.1M), Zambia ($35.1M), Namibia ($24.5M), Republic of the Congo ($23.8M), and Mozambique ($20.7M).

The fastest growing export markets for Large Construction Vehicles of South Africa between 2021 and 2022 were Zimbabwe ($19.5M), Zambia ($7.45M), and Democratic Republic of the Congo ($4.3M).

Imports In 2022, South Africa imported $947M in Large Construction Vehicles, becoming the 13th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 13th most imported product in South Africa. South Africa imports Large Construction Vehicles primarily from: China ($357M), Japan ($135M), India ($102M), United States ($65.8M), and South Korea ($35.3M).

The fastest growing import markets in Large Construction Vehicles for South Africa between 2021 and 2022 were China ($138M), India ($41.8M), and Japan ($31.1M).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Large Construction Vehicles exports accounted up to ZAR232M and imports accounted up to ZAR1.15B, resulting in a negative trade balance of ZAR920M. Between June 2023 and June 2024 the exports of South Africa's   Large Construction Vehicles have increased by ZAR20.7M (9.79%) from ZAR211M to ZAR232M, while imports decreased by ZAR-990M (-46.2%) from ZAR2.14B to ZAR1.15B.

Destinations In June 2024, Large Construction Vehicles were exported mostly to Australia (ZAR75M), Zimbabwe (ZAR70.2M), Zambia (ZAR24.1M), Democratic Republic of the Congo (ZAR16.4M), and Botswana (ZAR10.6M), and were imported mostly from China (ZAR531M), Japan (ZAR197M), Thailand (ZAR83.8M), India (ZAR82.7M), and United States (ZAR80M).

Growth In June 2024, the increase in Large Construction Vehicles's year-by-year exports was explained primarily by an increase in exports to Zimbabwe (ZAR51M or 210%), Lesotho (ZAR9.61M or 112%), and Namibia (ZAR3.39M or 135%). In June 2024, the decrease in Large Construction Vehicles's year-by-year imports was explained primarily by a decrease in imports from China (ZAR-86M or -19.3%), Japan (ZAR-57.1M or -24.4%), and Germany (ZAR-53.4M or -90.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR20.7M(9.79%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-990M(-46.2%)
MAIN EXPORTER (June 2024)Beit BridgeZAR107M
MAIN DESTINATION (June 2024)AustraliaZAR75M

This section shows Large Construction Vehicles's 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 destination or origin country to explore the exports or imports behavior of Large Construction Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$272M
IMPORTS (2022)$947M
NET TRADE (2022)-$675M

In 2022, South Africa exported $272M in Large Construction Vehicles. The main destinations of South Africa exports on Large Construction Vehicles were Zimbabwe ($82.1M), Zambia ($35.1M), Namibia ($24.5M), Republic of the Congo ($23.8M), and Mozambique ($20.7M).

In 2022, South Africa imported $947M in Large Construction Vehicles, mainly from China ($357M), Japan ($135M), India ($102M), United States ($65.8M), and South Korea ($35.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Zimbabwe$19.5M (31.1%)
Zambia$7.45M (27%)
Democratic Republic of the Congo$4.3M (85.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY South Africa WERE (2021 - 2022):
Botswana-$11.1M (-37.9%)
Australia-$5.82M (-54.1%)
China-$2.51M (-77.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Large Construction Vehicles were:
China $14.3B
Japan $13B
United States $5.24B
In 2022, South Africa's main importing competitors in Large Construction Vehicles were:
United States $10.7B
Canada $4.04B
Australia $2.75B

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $6.19M
TOP IMPORT POTENTIALJapan+ $21.7M

Large Construction Vehicles’s highest export potential is Australia. With an export gap of $6.19M.   Large Construction Vehicles’s highest import potential is Japan with an import gap of $21.7M.

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