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2022
Exports $4.1MWorld Rnk 42 / 157
Flag Rnk 683 / 1213
2022
Destination $540k Zimbabwe
2021 - 2022
FASTEST GROWING MARKET $540kZimbabwe
2022
PRODUCT COMPLEXITY IN Silicone1.72Rnk 20 / 1025
2022
Imports $28.2MWorld Rnk 46 / 215
Flag Rnk 433 / 1213
2022
Origin $3.7M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.7MGermany
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $4.1M in Silicone, making it the 42nd largest exporter of Silicone in the world. At the same year, Silicone was the 683rd most exported product in South Africa. The main destination of Silicone exports from South Africa are: Zimbabwe ($1.16M), Namibia ($1.11M), Botswana ($337k), Zambia ($284k), and Eswatini ($221k).

The fastest growing export markets for Silicone of South Africa between 2021 and 2022 were Zimbabwe ($540k), Kuwait ($57.6k), and Djibouti ($50.4k).

Imports In 2022, South Africa imported $28.2M in Silicone, becoming the 46th largest importer of Silicone in the world. At the same year, Silicone was the 433rd most imported product in South Africa. South Africa imports Silicone primarily from: Germany ($10.3M), China ($5.66M), Belgium ($4.32M), United States ($1.83M), and Malaysia ($1.37M).

The fastest growing import markets in Silicone for South Africa between 2021 and 2022 were Germany ($3.7M), Belgium ($1.29M), and United Kingdom ($864k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Silicone exports accounted up to ZAR3.45M and imports accounted up to ZAR31.3M, resulting in a negative trade balance of ZAR27.8M. Between June 2023 and June 2024 the exports of South Africa's   Silicone have decreased by ZAR-1.9M (-35.5%) from ZAR5.35M to ZAR3.45M, while imports decreased by ZAR-3.88M (-11%) from ZAR35.2M to ZAR31.3M.

Destinations In June 2024, Silicone were exported mostly to Namibia (ZAR1.06M), Botswana (ZAR935k), Mozambique (ZAR280k), Eswatini (ZAR210k), and Australia (ZAR175k), and were imported mostly from Germany (ZAR13.3M), China (ZAR6.68M), Malaysia (ZAR2.87M), Italy (ZAR1.85M), and United States (ZAR1.36M).

Growth In June 2024, the decrease in Silicone's year-by-year exports was explained primarily by a decrease in exports to Democratic Republic of the Congo (ZAR-467k or -97.7%), Zimbabwe (ZAR-245k or -67.2%), and Nigeria (ZAR-115k or -82.2%). In June 2024, the decrease in Silicone's year-by-year imports was explained primarily by a decrease in imports from China (ZAR-5M or -49%), South Africa (ZAR-3.19M or -99.9%), and India (ZAR-2.76M or -83.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-1.9M(-35.5%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-3.88M(-11%)
MAIN EXPORTER (June 2024)Beit BridgeZAR2.64M
MAIN DESTINATION (June 2024)NamibiaZAR1.06M

This section shows Silicone'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 Silicone over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.1M
IMPORTS (2022)$28.2M
NET TRADE (2022)-$24.1M

In 2022, South Africa exported $4.1M in Silicone. The main destinations of South Africa exports on Silicone were Zimbabwe ($1.16M), Namibia ($1.11M), Botswana ($337k), Zambia ($284k), and Eswatini ($221k).

In 2022, South Africa imported $28.2M in Silicone, mainly from Germany ($10.3M), China ($5.66M), Belgium ($4.32M), United States ($1.83M), and Malaysia ($1.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Zimbabwe$540k (87.5%)
Kuwait$57.6k (1%)
Djibouti$50.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY South Africa WERE (2021 - 2022):
Turkey-$266k (-84.6%)
Zambia-$209k (-42.3%)
Indonesia-$143k (-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 Silicone were:
China $2.2B
Germany $2.07B
United States $1.55B
In 2022, South Africa's main importing competitors in Silicone were:
United States $1.2B
China $1B
South Korea $600M

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $102k
TOP IMPORT POTENTIALChina+ $2.78M

Silicone’s highest export potential is Turkey. With an export gap of $102k.   Silicone’s highest import potential is China with an import gap of $2.78M.

See methodology.

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