Coconut Oil in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $1.62M in Coconut Oil, making it the 61st largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 842nd most exported product in South Africa. The main destination of Coconut Oil exports from South Africa are: Zimbabwe ($1.38M), Namibia ($84k), Botswana ($34k), Zambia ($30.1k), and Eswatini ($21.4k).

The fastest growing export markets for Coconut Oil of South Africa between 2021 and 2022 were Zimbabwe ($459k), Democratic Republic of the Congo ($4.83k), and Kuwait ($617).

Imports In 2022, South Africa imported $56.6M in Coconut Oil, becoming the 24th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 291st most imported product in South Africa. South Africa imports Coconut Oil primarily from: Indonesia ($37.3M), Malaysia ($13.2M), Mozambique ($2.71M), Philippines ($1.77M), and Singapore ($899k).

The fastest growing import markets in Coconut Oil for South Africa between 2021 and 2022 were Malaysia ($5.85M), Singapore ($847k), and Mozambique ($248k).

Latest Trends

March 2024

About

Overview In March 2024 South Africa's Coconut Oil exports accounted up to ZAR2.15M and imports accounted up to ZAR71.1M, resulting in a negative trade balance of ZAR68.9M. Between March 2023 and March 2024 the exports of South Africa's Coconut Oil have increased by ZAR1.8M (507%) from ZAR355k to ZAR2.15M, while imports decreased by ZAR-13.3M (-15.7%) from ZAR84.4M to ZAR71.1M.

Destinations In March 2024, Coconut Oil were exported mostly to Zimbabwe (ZAR1.65M), Namibia (ZAR140k), Lesotho (ZAR105k), Botswana (ZAR93k), and Zambia (ZAR88.9k), and were imported mostly from Indonesia (ZAR64.8M), Malaysia (ZAR3.22M), United Arab Emirates (ZAR1.59M), Philippines (ZAR744k), and India (ZAR394k).

Growth In March 2024, the increase in Coconut Oil's year-by-year exports was explained primarily by an increase in exports to Eswatini (ZAR55.2k or 180%), Mozambique (ZAR22.7k or 216%), and Lesotho (ZAR17.5k or 98.2%). In March 2024, the decrease in Coconut Oil's year-by-year imports was explained primarily by a decrease in imports from Indonesia (ZAR-56M or -95.5%), Philippines (ZAR-3.01M or -81.9%), and United States (ZAR-241k or -99.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)ZAR1.8M(507%)

IMPORT GROWTH (March 2023 - March 2024)ZAR-13.3M(-15.7%)

MAIN EXPORTER (March 2024)Beit BridgeZAR1.7M

MAIN DESTINATION (March 2024)ZimbabweZAR1.65M

This section shows Coconut Oil'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 Coconut Oil over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.62M

IMPORTS (2022)$56.6M

NET TRADE (2022)-$55M

In 2022, South Africa exported $1.62M in Coconut Oil. The main destinations of South Africa exports on Coconut Oil were Zimbabwe ($1.38M), Namibia ($84k), Botswana ($34k), Zambia ($30.1k), and Eswatini ($21.4k).

In 2022, South Africa imported $56.6M in Coconut Oil, mainly from Indonesia ($37.3M), Malaysia ($13.2M), Mozambique ($2.71M), Philippines ($1.77M), and Singapore ($899k).

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