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2022
Exports $49.2MWorld Rnk 15 / 170
Flag Rnk 245 / 1213
2022
Destination $14.2M Ghana
2021 - 2022
FASTEST GROWING MARKET $14.2MGhana
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents-0.03Rnk 556 / 1025
2022
Imports $11.7MWorld Rnk 54 / 220
Flag Rnk 621 / 1213
2022
Origin $763k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $763kUnited States
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $49.2M in Organic Composite Solvents, making it the 15th largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 245th most exported product in South Africa. The main destination of Organic Composite Solvents exports from South Africa are: Ghana ($14.6M), Belgium ($13.2M), Zambia ($4.4M), Zimbabwe ($3.88M), and Malaysia ($2.17M).

The fastest growing export markets for Organic Composite Solvents of South Africa between 2021 and 2022 were Ghana ($14.2M), Belgium ($3.94M), and Zambia ($2.02M).

Imports In 2022, South Africa imported $11.7M in Organic Composite Solvents, becoming the 54th largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 621st most imported product in South Africa. South Africa imports Organic Composite Solvents primarily from: Netherlands ($3.98M), Germany ($2.92M), United States ($973k), Italy ($856k), and United Kingdom ($825k).

The fastest growing import markets in Organic Composite Solvents for South Africa between 2021 and 2022 were United States ($763k), Germany ($213k), and Brazil ($135k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Organic Composite Solvents exports accounted up to ZAR37.9M and imports accounted up to ZAR18.5M, resulting in a positive trade balance of ZAR19.4M. Between June 2023 and June 2024 the exports of South Africa's   Organic Composite Solvents have increased by ZAR1.61M (4.44%) from ZAR36.3M to ZAR37.9M, while imports increased by ZAR3.21M (20.9%) from ZAR15.3M to ZAR18.5M.

Destinations In June 2024, Organic Composite Solvents were exported mostly to Belgium (ZAR16M), Zimbabwe (ZAR7.2M), Zambia (ZAR3.78M), Namibia (ZAR2.95M), and Mozambique (ZAR2.05M), and were imported mostly from Germany (ZAR7.4M), Netherlands (ZAR3.65M), China (ZAR2.14M), United Kingdom (ZAR1.29M), and Spain (ZAR1.02M).

Growth In June 2024, the increase in Organic Composite Solvents's year-by-year exports was explained primarily by an increase in exports to Democratic Republic of the Congo (ZAR4.05M or 4.11k%), Kenya (ZAR937k or 5.25k%), and Mauritius (ZAR710k or 69.8%). In June 2024, the increase in Organic Composite Solvents's year-by-year imports was explained primarily by an increase in imports from Germany (ZAR4M or 265%), Netherlands (ZAR2.14M or 48.4%), and Thailand (ZAR1.24M or 4.79k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR1.61M(4.44%)
IMPORT GROWTH (June 2023 - June 2024)ZAR3.21M(20.9%)
MAIN EXPORTER (June 2024)DurbanZAR23.4M
MAIN DESTINATION (June 2024)BelgiumZAR16M

This section shows Organic Composite Solvents'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 Organic Composite Solvents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$49.2M
IMPORTS (2022)$11.7M
NET TRADE (2022)$37.5M

In 2022, South Africa exported $49.2M in Organic Composite Solvents. The main destinations of South Africa exports on Organic Composite Solvents were Ghana ($14.6M), Belgium ($13.2M), Zambia ($4.4M), Zimbabwe ($3.88M), and Malaysia ($2.17M).

In 2022, South Africa imported $11.7M in Organic Composite Solvents, mainly from Netherlands ($3.98M), Germany ($2.92M), United States ($973k), Italy ($856k), and United Kingdom ($825k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Ghana$14.2M (3.39k%)
Belgium$3.94M (42.3%)
Zambia$2.02M (85%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY South Africa WERE (2021 - 2022):
Pakistan-$3.31M (-95%)
Burkina Faso-$1.67M (-98.2%)
Zimbabwe-$889k (-18.6%)
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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 Organic Composite Solvents were:
Germany $300M
United States $278M
Italy $166M
In 2022, South Africa's main importing competitors in Organic Composite Solvents were:
China $101M
United States $95M
Vietnam $89.2M

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $578k
TOP IMPORT POTENTIALUnited States+ $480k

Organic Composite Solvents’s highest export potential is Germany. With an export gap of $578k.   Organic Composite Solvents’s highest import potential is United States with an import gap of $480k.

See methodology.

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