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Port in South Africa

Jun 2024
Trade
Exports | Imports ZAR 15.9B | ZAR 2.66B3 of 49 | 9 of 36
Jun 2024
Country
Destination | Origin India | Australia ZAR 5.39B  | ZAR 1.13B

About

Overview This page contains the latest international trade data for Richards Bay. In June 2024 Richards Bay was the number 3 in total exports and the number 7 in total imports in South Africa.

Exports In 2023, South Africa's Richards Bay exported ZAR 274B, making it the 3rd largest exporter out of the 50 exporters in South Africa. In 2023 the top exports of Richards Bay were Bituminous coal, not agglomerated (ZAR 109B), Aluminium unwrought, not alloyed (ZAR 26.7B), Chromium ores and concentrates (ZAR 16.5B), Ferro-chromium, >4% carbon (ZAR 14.6B), and Coal except anthracite or bituminous, not... (ZAR 11.9B).

Imports In 2023, South Africa's Richards Bay imported ZAR 38B, making it the 7th largest importer out of the 50 importers in South Africa. In 2023 top imports of Richards Bay were Aluminium oxide, except artificial corundum (ZAR 9.3B), Petroleum spirit for motor vehicles (ZAR 4.7B), Petroleum coke, calcined (ZAR 3.24B), Bituminous coal, not agglomerated (ZAR 2.78B), and Propane, liquefied (ZAR 2.6B).

Latest Trends

June, 2024

About

Overview In June 2024 Richards Bay exported ZAR15.9B and imported ZAR2.66B, resulting in a positive trade balance of ZAR13.2B. Between June 2023 and June 2024 the exports of Richards Bay have increased by $77.2M (0.49%) from ZAR15.8B to ZAR15.9B, while imports decreased by ZAR-471M (-15.1%) from ZAR3.13B to ZAR2.66B.

Trade In June 2024, the top exports of Richards Bay were Coal Briquettes (ZAR7.83B), Ferroalloys (ZAR1.74B), Raw Aluminium (ZAR1.48B), Chromium Ore (ZAR1.24B), and Titanium Ore (ZAR1.08B). In June 2024 the top imports of Richards Bay were Aluminium Oxide (ZAR739M), Coal Briquettes (ZAR722M), Petroleum Gas (ZAR595M), Refined Petroleum (ZAR229M), and Ammonia (ZAR143M).

Destinations In June 2024, Richards Bay exported mostly to India (ZAR5.39B), United States (ZAR2.13B), China (ZAR2.1B), Vietnam (ZAR1.23B), and Netherlands (ZAR1.17B), and imported mostly from Australia (ZAR1.13B), United States (ZAR817M), United Arab Emirates (ZAR229M), Mozambique (ZAR156M), and Trinidad and Tobago (ZAR143M).

Growth In June 2024, the increase in Richards Bay's year-by-year exports was explained primarily by an increase in exports to India (ZAR2.81B or 109%), United States (ZAR1.92B or 890%), and Vietnam (ZAR757M or 159%), and product exports increase in Ferroalloys (ZAR871M or 101%), Titanium Ore (ZAR330M or 44.1%), and Pig Iron (ZAR274M or 153%). In June 2024, the decrease in Richards Bay's year-by-year imports was explained primarily by an decrease in imports from Australia (ZAR-345M or -23.4%) and Vietnam (ZAR-40.2M or -50.2%), and product imports decrease in Aluminium Oxide (ZAR-408M or -35.6%), Coal Briquettes (ZAR-194M or -21.2%), and Petroleum Coke (ZAR-110M or -56%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (June 2023 - June 2024)ZAR77.2M(0.49%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-471M(-15.1%)

This section shows exports and imports data at subnational level for Richards Bay. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Richards Bay over time.

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Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)IndiaZAR 52.1B
Top Product (2023)Bituminous coal, not agglomeratedZAR 109B

In 2023 the top export destinations of Richards Bay were India (ZAR 52.1B), China (ZAR 30.3B), United States (ZAR 19.1B), Japan (ZAR 17.1B), and Netherlands (ZAR 15.1B).

In 2023 the top exports of Richards Bay were Bituminous coal, not agglomerated (ZAR 109B), Aluminium unwrought, not alloyed (ZAR 26.7B), Chromium ores and concentrates (ZAR 16.5B), Ferro-chromium, >4% carbon (ZAR 14.6B), and Coal except anthracite or bituminous, not... (ZAR 11.9B).

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Exports Dynamics

Fastest Growing Exports Destination (Jun 2023 - Jun 2024)
India ZAR 2.81B (109%)
United States ZAR 1.92B (890%)
Vietnam ZAR 757M (159%)
Rapidly Declining Export Origins (Jun 2023 - Jun 2024)
China -ZAR 1.43B (-40.5%)
South Korea -ZAR 1.12B (-71.5%)
Japan -ZAR 927M (-50.6%)

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Yearly Imports

Color
Depth
Top Origin (2023)AustraliaZAR 13.2B
Top Import (2023)Aluminium oxide, except artificial corundumZAR 9.3B

In 2023 the top import origins of Richards Bay were Australia (ZAR 13.2B), United States (ZAR 7.81B), India (ZAR 1.87B), Russia (ZAR 1.71B), and China (ZAR 1.57B).

In 2023 the top imports of Richards Bay were Aluminium oxide, except artificial corundum (ZAR 9.3B), Petroleum spirit for motor vehicles (ZAR 4.7B), Petroleum coke, calcined (ZAR 3.24B), Bituminous coal, not agglomerated (ZAR 2.78B), and Propane, liquefied (ZAR 2.6B).

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