Tungsten in South Africa

EXPORTS (2018): $8.31M, World Rnk 22 / 85
Flag Rnk 500 / 1203

TOP DESTINATION (2018): $6.7M, United Kingdom

FASTEST GROWING MARKET (2017 - 2018): $2.5M, United Kingdom

IMPORTS (2018): $4.19M, World Rnk 37 / 140
Flag Rnk 814 / 1206

TOP ORIGIN (2018): $996k, China

FASTEST GROWING ORIGIN (2017 - 2018): $424k, France

ECONOMIC COMPLEXITY of South Africa (2018): 0.16, Rnk 59 / 137

PRODUCT COMPLEXITY  IN Tungsten (2018): 1.18, Rnk 108 / 1018

Overview: This page contains the latest trade data of Tungsten in South Africa.

Exports: In 2018, South Africa exported $8.31M in Tungsten, making it the 22nd largest exporter of Tungsten in the world. At the same year, Tungsten was the 500th most exported product in South Africa. The main destination of Tungsten exports from South Africa are: United Kingdom ($6.7M), Finland ($436k), Brazil ($426k), United States ($411k), and Germany ($172k).

The fastest growing export markets for Tungsten of South Africa between 2017 and 2018 were United Kingdom ($2.5M), United States ($411k), and Brazil ($241k).

Imports: In 2018, South Africa imported $4.19M in Tungsten, becoming the 37th largest importer of Tungsten in the world. At the same year, Tungsten was the 814th most imported product in South Africa. South Africa imports Tungsten primarily from: China ($996k), United States ($930k), United Kingdom ($704k), France ($499k), and Austria ($408k).

The fastest growing import markets in Tungsten for South Africa between 2017 and 2018 were France ($424k), Hong Kong ($100k), and Canada ($54k).

Overview: In July 2020 South Africa's Tungsten exports accounted up to ZAR1.3M and imports accounted up to ZAR2.32M, resulting in a negative trade balance of ZAR1.01M. Between July 2019 and July 2020 the exports of South Africa's   Tungsten have decreased by ZAR-4.64M (-78.1%) from ZAR5.95M to ZAR1.3M, while imports decreased by ZAR-3.52M (-60.3%) from ZAR5.84M to ZAR2.32M.

Destinations: In July 2020 Tungsten exported mostly to Netherlands (ZAR886k), Democratic Republic of the Congo (ZAR349k), Ghana (ZAR67k), and Botswana (ZAR1.76k), and imported mostly from United States (ZAR1.68M), Germany (ZAR457k), China (ZAR111k), United Kingdom (ZAR41.4k), and Singapore (ZAR15.9k).

Growth: In July 2020, the decrease in Tungsten's year-by-year exports was explained primarily by a decrease in exports to . In July 2020, the decrease in Tungsten's year-by-year imports was explained primarily by a decrease in imports from China (ZAR-499k or -44.3%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): ZAR-4.64M, (-78.1%)

IMPORT GROWTH (July 2019 - July 2020): ZAR-3.52M, (-60.3%)

MAIN EXPORTER (July 2020): Cape Town, ZAR886k

MAIN DESTINATION (July 2020): Netherlands, ZAR886k

This section shows Tungsten'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 Tungsten over time.

Value

EXPORTS (2018): $8.31M

IMPORTS (2018): $4.19M

NET TRADE (2018): $4.13M

In 2018, South Africa exported $8.31M in Tungsten. The main destinations of South Africa exports on Tungsten were United Kingdom ($6.7M), Finland ($436k), Brazil ($426k), United States ($411k), and Germany ($172k).

In 2018, South Africa imported $4.19M in Tungsten, mainly from China ($996k), United States ($930k), United Kingdom ($704k), France ($499k), and Austria ($408k).

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IN 2018, South Africa HAD A POSITIVE NET TRADE IN Tungsten WITH:

  • United Kingdom, $5.99M ($6.7M - $704k)
  • Finland, $436k ($436k - $0)
  • Brazil, $426k ($426k - $0)

IN 2018, South Africa HAD A NEGATIVE NET TRADE IN Tungsten WITH:

  • China, -$996k ($0 - $996k)
  • United States, -$520k ($411k - $930k)
  • France, -$499k ($0 - $499k)
Flow

THE FASTEST GROWING Tungsten EXPORT MARKETS FOR South Africa WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten BY South Africa WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, South Africa's main exporting competitors in Tungsten were:

In 2018, South Africa's main importing competitors in Tungsten were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Tungsten in South Africa. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Tungsten in the imports of South Africa were of 0% around the world.

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