2022
Exports
$16.8MWorld Rnk 28 / 144
Flag Rnk 446 / 1213
2022
PRODUCT COMPLEXITY IN Waxes
0.46Rnk 381 / 1025
2022
Imports
$23.7MWorld Rnk 34 / 203
Flag Rnk 464 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $16.8M in Waxes, making it the 28th largest exporter of Waxes in the world. At the same year, Waxes was the 446th most exported product in South Africa. The main destination of Waxes exports from South Africa are: United States ($9.22M), Germany ($1.11M), Zimbabwe ($990k), Malawi ($854k), and Chinese Taipei ($625k).

The fastest growing export markets for Waxes of South Africa between 2021 and 2022 were United States ($2.8M), Indonesia ($292k), and Zambia ($246k).

Imports In 2022, South Africa imported $23.7M in Waxes, becoming the 34th largest importer of Waxes in the world. At the same year, Waxes was the 464th most imported product in South Africa. South Africa imports Waxes primarily from: Germany ($6.32M), South Korea ($3.42M), Spain ($2.51M), Denmark ($1.87M), and United States ($1.72M).

The fastest growing import markets in Waxes for South Africa between 2021 and 2022 were Germany ($1.66M), China ($567k), and Malaysia ($475k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR14.9M(76.1%)
IMPORT GROWTH (June 2023 - June 2024)ZAR3.19M(13.5%)
MAIN EXPORTER (June 2024)DurbanZAR34.4M
MAIN DESTINATION (June 2024)United StatesZAR25.1M

This section shows Waxes'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 Waxes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.8M
IMPORTS (2022)$23.7M
NET TRADE (2022)-$6.94M

In 2022, South Africa exported $16.8M in Waxes. The main destinations of South Africa exports on Waxes were United States ($9.22M), Germany ($1.11M), Zimbabwe ($990k), Malawi ($854k), and Chinese Taipei ($625k).

In 2022, South Africa imported $23.7M in Waxes, mainly from Germany ($6.32M), South Korea ($3.42M), Spain ($2.51M), Denmark ($1.87M), and United States ($1.72M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Waxes EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
United States$2.8M (43.7%)
Indonesia$292k (293%)
Zambia$246k (224%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waxes BY South Africa WERE (2021 - 2022):
Austria-$1.71M (-100%)
Singapore-$215k (-87.1%)
Costa Rica-$175k (-75.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Waxes were:
In 2022, South Africa's main importing competitors in Waxes were:

Explore Visualizations

Trade Value of Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $977k
TOP IMPORT POTENTIALChina+ $1.07M

Waxes’s highest export potential is United States. With an export gap of $977k.   Waxes’s highest import potential is China with an import gap of $1.07M.

See methodology.

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