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2022
Exports $127MWorld Rnk 5 / 101
Flag Rnk 118 / 1213
2022
Destination $19.6M United States
2021 - 2022
FASTEST GROWING MARKET $19.6MUnited States
2022
PRODUCT COMPLEXITY IN Carbides-0.24Rnk 626 / 1025
2022
Imports $14.3MWorld Rnk 28 / 175
Flag Rnk 581 / 1213
2022
Origin $2.43M Slovakia
2021 - 2022
FASTEST GROWING ORIGIN $2.43MSlovakia
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $127M in Carbides, making it the 5th largest exporter of Carbides in the world. At the same year, Carbides was the 118th most exported product in South Africa. The main destination of Carbides exports from South Africa are: United States ($73M), Netherlands ($28.4M), Australia ($5.95M), Brazil ($3.12M), and United Kingdom ($2.96M).

The fastest growing export markets for Carbides of South Africa between 2021 and 2022 were United States ($19.6M), Netherlands ($4.39M), and Brazil ($2.67M).

Imports In 2022, South Africa imported $14.3M in Carbides, becoming the 28th largest importer of Carbides in the world. At the same year, Carbides was the 581st most imported product in South Africa. South Africa imports Carbides primarily from: Slovakia ($4.77M), Spain ($4.2M), China ($3.37M), Brazil ($1.22M), and Slovenia ($249k).

The fastest growing import markets in Carbides for South Africa between 2021 and 2022 were Slovakia ($2.43M), Spain ($1.31M), and Brazil ($682k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Carbides exports accounted up to ZAR94.9M and imports accounted up to ZAR14M, resulting in a positive trade balance of ZAR81M. Between June 2023 and June 2024 the exports of South Africa's   Carbides have decreased by ZAR-9.52M (-9.12%) from ZAR104M to ZAR94.9M, while imports increased by ZAR9.32M (201%) from ZAR4.64M to ZAR14M.

Destinations In June 2024, Carbides were exported mostly to United States (ZAR65.8M), Netherlands (ZAR8.41M), United Kingdom (ZAR8.27M), Brazil (ZAR7.27M), and Australia (ZAR2.56M), and were imported mostly from Brazil (ZAR7.05M), Spain (ZAR5.79M), China (ZAR1.11M), Ukraine (ZAR5.54k), and United States (ZAR488).

Growth In June 2024, the decrease in Carbides's year-by-year exports was explained primarily by a decrease in exports to United States (ZAR-194M or -65.1%), Netherlands (ZAR-4.78M or -13.2%), and United Kingdom (ZAR-887k or -17%). In June 2024, the increase in Carbides's year-by-year imports was explained primarily by an increase in imports from Spain (ZAR852k or 11.1%) and Israel (ZAR2.02k or 175%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-9.52M(-9.12%)
IMPORT GROWTH (June 2023 - June 2024)ZAR9.32M(201%)
MAIN EXPORTER (June 2024)Germiston/albertonZAR127M
MAIN DESTINATION (June 2024)United StatesZAR65.8M

This section shows Carbides'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 Carbides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$127M
IMPORTS (2022)$14.3M
NET TRADE (2022)$112M

In 2022, South Africa exported $127M in Carbides. The main destinations of South Africa exports on Carbides were United States ($73M), Netherlands ($28.4M), Australia ($5.95M), Brazil ($3.12M), and United Kingdom ($2.96M).

In 2022, South Africa imported $14.3M in Carbides, mainly from Slovakia ($4.77M), Spain ($4.2M), China ($3.37M), Brazil ($1.22M), and Slovenia ($249k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbides EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
United States$19.6M (36.6%)
Netherlands$4.39M (18.3%)
Brazil$2.67M (591%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbides BY South Africa WERE (2021 - 2022):
Germany-$1.81M (-56.4%)
United Arab Emirates-$761k (-44.7%)
Canada-$373k (-13.6%)
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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 Carbides were:
China $1.04B
Austria $327M
Germany $181M
In 2022, South Africa's main importing competitors in Carbides were:
United States $460M
Germany $352M
Japan $306M

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Trade Value of Carbides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.6M
TOP IMPORT POTENTIALChina+ $1.29M

Carbides’s highest export potential is Germany. With an export gap of $2.6M.   Carbides’s highest import potential is China with an import gap of $1.29M.

See methodology.

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