2022
Exports | Imports
$301M | $38.3MWorld Rnk 2 / 109
Flag Rnk 49 / 1213
World Rnk 10 / 137
Flag Rnk 368 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.033Rnk 61 / 124
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025

About

Exports In 2022, South Africa exported $301M in Wool, making it the 2nd largest exporter of Wool in the world. At the same year, Wool was the 49th most exported product in South Africa. The main destination of Wool exports from South Africa are: China ($150M), Germany ($50M), Czechia ($49.1M), Italy ($23M), and Bulgaria ($13.4M).

The fastest growing export markets for Wool of South Africa between 2021 and 2022 were Germany ($29.6M), Czechia ($25M), and Bulgaria ($8.82M).

Imports In 2022, South Africa imported $38.3M in Wool, becoming the 10th largest importer of Wool in the world. At the same year, Wool was the 368th most imported product in South Africa. South Africa imports Wool primarily from: Lesotho ($36.2M), Australia ($1.33M), United Kingdom ($400k), New Zealand ($314k), and Namibia ($26k).

The fastest growing import markets in Wool for South Africa between 2021 and 2022 were Australia ($1.19M), New Zealand ($112k), and United Kingdom ($23.5k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Wool from South Africa to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)ZAR158M(36.4%)
IMPORT GROWTH (December 2022 - December 2023)ZAR2.62M(3.13%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)ChinaZAR399M

This section shows Wool'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 Wool over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$301M
IMPORTS (2022)$38.3M
NET TRADE (2022)$262M

In 2022, South Africa exported $301M in Wool. The main destinations of South Africa exports on Wool were China ($150M), Germany ($50M), Czechia ($49.1M), Italy ($23M), and Bulgaria ($13.4M).

In 2022, South Africa imported $38.3M in Wool, mainly from Lesotho ($36.2M), Australia ($1.33M), United Kingdom ($400k), New Zealand ($314k), and Namibia ($26k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Germany$29.6M (145%)
Czechia$25M (104%)
Bulgaria$8.82M (194%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY South Africa WERE (2021 - 2022):
China-$85M (-36.1%)
India-$3.8M (-48.4%)
Egypt-$1.66M (-16.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Wool were:
In 2022, South Africa's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

Explore Visualizations

Trade Value of Wool by Exporters

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