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2022
Exports $26.1MWorld Rnk 30 / 195
Flag Rnk 359 / 1213
2022
Destination $1.46M Democratic Republic of the Congo
2021 - 2022
FASTEST GROWING MARKET $1.46MDemocratic Republic of the Congo
2022
PRODUCT COMPLEXITY IN Lubricating Products1.61Rnk 36 / 1025
2022
Imports $83.4MWorld Rnk 36 / 224
Flag Rnk 225 / 1213
2022
Origin $10M Germany
2021 - 2022
FASTEST GROWING ORIGIN $10MNetherlands
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $26.1M in Lubricating Products, making it the 30th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 359th most exported product in South Africa. The main destination of Lubricating Products exports from South Africa are: Democratic Republic of the Congo ($4.16M), Zambia ($3.83M), Namibia ($3.16M), Mozambique ($2.88M), and Botswana ($2.48M).

The fastest growing export markets for Lubricating Products of South Africa between 2021 and 2022 were Democratic Republic of the Congo ($1.46M), Mozambique ($1.42M), and Botswana ($760k).

Imports In 2022, South Africa imported $83.4M in Lubricating Products, becoming the 36th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 225th most imported product in South Africa. South Africa imports Lubricating Products primarily from: Germany ($26.7M), United States ($16.6M), Netherlands ($14.7M), France ($5.79M), and Belgium ($3.42M).

The fastest growing import markets in Lubricating Products for South Africa between 2021 and 2022 were Netherlands ($10M), Germany ($6.77M), and United States ($2.03M).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Lubricating Products exports accounted up to ZAR29.9M and imports accounted up to ZAR89.4M, resulting in a negative trade balance of ZAR59.5M. Between June 2023 and June 2024 the exports of South Africa's   Lubricating Products have increased by ZAR2.17M (7.82%) from ZAR27.7M to ZAR29.9M, while imports decreased by ZAR-16.2M (-15.3%) from ZAR106M to ZAR89.4M.

Destinations In June 2024, Lubricating Products were exported mostly to Democratic Republic of the Congo (ZAR6.73M), Botswana (ZAR5.69M), Zambia (ZAR5.32M), Namibia (ZAR2.02M), and Burkina Faso (ZAR1.82M), and were imported mostly from Germany (ZAR27.1M), United Kingdom (ZAR12.5M), France (ZAR9.68M), United States (ZAR9.68M), and Spain (ZAR5.45M).

Growth In June 2024, the increase in Lubricating Products's year-by-year exports was explained primarily by an increase in exports to Mozambique (ZAR2.7M or 215%), Zambia (ZAR1.89M or 35.5%), and Republic of the Congo (ZAR1.83M or 122k%). In June 2024, the decrease in Lubricating Products's year-by-year imports was explained primarily by a decrease in imports from Belgium (ZAR-2.78M or -41.8%), Canada (ZAR-1.83M or -93.4%), and France (ZAR-1.78M or -17.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR2.17M(7.82%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-16.2M(-15.3%)
MAIN EXPORTER (June 2024)DurbanZAR9.15M
MAIN DESTINATION (June 2024)Democratic Republic of the CongoZAR6.73M

This section shows Lubricating Products'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 Lubricating Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$26.1M
IMPORTS (2022)$83.4M
NET TRADE (2022)-$57.2M

In 2022, South Africa exported $26.1M in Lubricating Products. The main destinations of South Africa exports on Lubricating Products were Democratic Republic of the Congo ($4.16M), Zambia ($3.83M), Namibia ($3.16M), Mozambique ($2.88M), and Botswana ($2.48M).

In 2022, South Africa imported $83.4M in Lubricating Products, mainly from Germany ($26.7M), United States ($16.6M), Netherlands ($14.7M), France ($5.79M), and Belgium ($3.42M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Democratic Republic of the Congo$1.46M (54%)
Mozambique$1.42M (97.4%)
Botswana$760k (44.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY South Africa WERE (2021 - 2022):
Uganda-$526k (-93.8%)
Zambia-$349k (-8.35%)
Eswatini-$319k (-47.4%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Lubricating Products were:
Germany $2.32B
United States $1.94B
Japan $1.24B
In 2022, South Africa's main importing competitors in Lubricating Products were:
China $1.71B
Germany $676M
Mexico $433M

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $784k
N/AN/AN/A

Lubricating Products’s highest export potential is United States. With an export gap of $784k.   Lubricating Products’s highest import potential is N/A with an import gap of N/A.

See methodology.

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