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2022
Exports $27.3MWorld Rnk 46 / 207
Flag Rnk 351 / 1213
2022
Destination $588k Namibia
2021 - 2022
FASTEST GROWING MARKET $588kAngola
2022
PRODUCT COMPLEXITY IN Knit Men's Suits-1.32Rnk 915 / 1025
2022
Imports $87.4MWorld Rnk 37 / 221
Flag Rnk 218 / 1213
2022
Origin $3.77M China
2021 - 2022
FASTEST GROWING ORIGIN $3.77MMadagascar
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $27.3M in Knit Men's Suits, making it the 46th largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 351st most exported product in South Africa. The main destination of Knit Men's Suits exports from South Africa are: Namibia ($9.69M), Botswana ($7.68M), Eswatini ($3.37M), Lesotho ($2.24M), and Zambia ($852k).

The fastest growing export markets for Knit Men's Suits of South Africa between 2021 and 2022 were Angola ($588k), United Arab Emirates ($411k), and Eswatini ($393k).

Imports In 2022, South Africa imported $87.4M in Knit Men's Suits, becoming the 37th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 218th most imported product in South Africa. South Africa imports Knit Men's Suits primarily from: China ($52.6M), Madagascar ($7.12M), Lesotho ($5.65M), Bangladesh ($3.05M), and Eswatini ($2.92M).

The fastest growing import markets in Knit Men's Suits for South Africa between 2021 and 2022 were Madagascar ($3.77M), China ($1.8M), and Pakistan ($1.14M).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Knit Men's Suits exports accounted up to ZAR27.8M and imports accounted up to ZAR86.8M, resulting in a negative trade balance of ZAR58.9M. Between June 2023 and June 2024 the exports of South Africa's   Knit Men's Suits have decreased by ZAR-876k (-3.05%) from ZAR28.7M to ZAR27.8M, while imports decreased by ZAR-19.5M (-18.3%) from ZAR106M to ZAR86.8M.

Destinations In June 2024, Knit Men's Suits were exported mostly to Namibia (ZAR6.43M), Botswana (ZAR6.28M), Eswatini (ZAR3.23M), Lesotho (ZAR3.1M), and Mozambique (ZAR3.06M), and were imported mostly from China (ZAR48.9M), Madagascar (ZAR9.91M), Cambodia (ZAR5.26M), Bangladesh (ZAR4.4M), and Eswatini (ZAR4.16M).

Growth In June 2024, the decrease in Knit Men's Suits's year-by-year exports was explained primarily by a decrease in exports to Botswana (ZAR-644k or -13.7%), Zambia (ZAR-428k or -64.5%), and Eswatini (ZAR-287k or -12.6%). In June 2024, the decrease in Knit Men's Suits's year-by-year imports was explained primarily by a decrease in imports from Eswatini (ZAR-1.73M or -34.2%), Lesotho (ZAR-1.66M or -24.5%), and Cambodia (ZAR-1.17M or -40.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-876k(-3.05%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-19.5M(-18.3%)
MAIN EXPORTER (June 2024)KopfonteinZAR11.4M
MAIN DESTINATION (June 2024)NamibiaZAR6.43M

This section shows Knit Men's Suits'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 Knit Men's Suits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.3M
IMPORTS (2022)$87.4M
NET TRADE (2022)-$60.1M

In 2022, South Africa exported $27.3M in Knit Men's Suits. The main destinations of South Africa exports on Knit Men's Suits were Namibia ($9.69M), Botswana ($7.68M), Eswatini ($3.37M), Lesotho ($2.24M), and Zambia ($852k).

In 2022, South Africa imported $87.4M in Knit Men's Suits, mainly from China ($52.6M), Madagascar ($7.12M), Lesotho ($5.65M), Bangladesh ($3.05M), and Eswatini ($2.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Angola$588k (352%)
United Arab Emirates$411k (1.03k%)
Eswatini$393k (13.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY South Africa WERE (2021 - 2022):
Botswana-$848k (-9.95%)
Mozambique-$487k (-48.3%)
Papua New Guinea-$177k (-100%)
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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 Knit Men's Suits were:
China $4.9B
Bangladesh $1.43B
Vietnam $1.42B
In 2022, South Africa's main importing competitors in Knit Men's Suits were:
United States $3.65B
Germany $921M
United Kingdom $799M

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $416k
TOP IMPORT POTENTIALBangladesh+ $4.15M

Knit Men's Suits’s highest export potential is United Arab Emirates. With an export gap of $416k.   Knit Men's Suits’s highest import potential is Bangladesh with an import gap of $4.15M.

See methodology.

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