2022
Exports
$5.24MWorld Rnk 24 / 80
Flag Rnk 639 / 1213
2022
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.68Rnk 287 / 1025
2022
Imports
$7.46MWorld Rnk 24 / 144
Flag Rnk 705 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $5.24M in Rare-Earth Metal Compounds, making it the 24th largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 639th most exported product in South Africa. The main destination of Rare-Earth Metal Compounds exports from South Africa are: United States ($4.26M), Turkey ($711k), Germany ($78.1k), United Kingdom ($59.9k), and Australia ($58.9k).

The fastest growing export markets for Rare-Earth Metal Compounds of South Africa between 2021 and 2022 were Turkey ($702k), Germany ($78.1k), and United Kingdom ($59.9k).

Imports In 2022, South Africa imported $7.46M in Rare-Earth Metal Compounds, becoming the 24th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 705th most imported product in South Africa. South Africa imports Rare-Earth Metal Compounds primarily from: Estonia ($4.72M), Japan ($680k), Australia ($611k), China ($373k), and United States ($344k).

The fastest growing import markets in Rare-Earth Metal Compounds for South Africa between 2021 and 2022 were Estonia ($3.32M), Australia ($604k), and Germany ($150k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-1.48M(-17.6%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-16.7M(-99.3%)
MAIN EXPORTER (June 2024)Cape TownZAR19.9M
MAIN DESTINATION (June 2024)United StatesZAR6.07M

This section shows Rare-Earth Metal Compounds'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 Rare-Earth Metal Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.24M
IMPORTS (2022)$7.46M
NET TRADE (2022)-$2.22M

In 2022, South Africa exported $5.24M in Rare-Earth Metal Compounds. The main destinations of South Africa exports on Rare-Earth Metal Compounds were United States ($4.26M), Turkey ($711k), Germany ($78.1k), United Kingdom ($59.9k), and Australia ($58.9k).

In 2022, South Africa imported $7.46M in Rare-Earth Metal Compounds, mainly from Estonia ($4.72M), Japan ($680k), Australia ($611k), China ($373k), and United States ($344k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Turkey$702k (8.28k%)
Germany$78.1k (1%)
United Kingdom$59.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-Earth Metal Compounds BY South Africa WERE (2021 - 2022):
India-$81.6k (-100%)
Thailand-$78.9k (-73.1%)
China-$39k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Rare-Earth Metal Compounds were:
In 2022, South Africa's main importing competitors in Rare-Earth Metal Compounds were:
China $1.48B
Japan $488M

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Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $98.3k
TOP IMPORT POTENTIALChina+ $429k

Rare-Earth Metal Compounds’s highest export potential is Germany. With an export gap of $98.3k.   Rare-Earth Metal Compounds’s highest import potential is China with an import gap of $429k.

See methodology.

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