Phosphoric Acid in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $190M in Phosphoric Acid, making it the 12th largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 77th most exported product in South Africa. The main destination of Phosphoric Acid exports from South Africa are: India ($75.5M), Belgium ($34.8M), Netherlands ($32.9M), Democratic Republic of the Congo ($20.1M), and Bangladesh ($13.2M).

The fastest growing export markets for Phosphoric Acid of South Africa between 2021 and 2022 were India ($46.2M), Belgium ($18.4M), and Netherlands ($11.5M).

Imports In 2022, South Africa imported $24.4M in Phosphoric Acid, becoming the 34th largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 457th most imported product in South Africa. South Africa imports Phosphoric Acid primarily from: China ($11M), Jordan ($6.99M), Finland ($5.12M), Israel ($510k), and United States ($234k).

The fastest growing import markets in Phosphoric Acid for South Africa between 2021 and 2022 were Finland ($5.12M), Jordan ($2.5M), and Israel ($434k).

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

Latest Trends

January 2024

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Overview In January 2024 South Africa's Phosphoric Acid exports accounted up to ZAR275M and imports accounted up to ZAR18.6M, resulting in a positive trade balance of ZAR257M. Between January 2023 and January 2024 the exports of South Africa's Phosphoric Acid have decreased by ZAR-23.2M (-7.78%) from ZAR298M to ZAR275M, while imports increased by ZAR12.2M (193%) from ZAR6.35M to ZAR18.6M.

Destinations In January 2024, Phosphoric Acid were exported mostly to India (ZAR91.7M), Netherlands (ZAR91.5M), Bangladesh (ZAR86.7M), Democratic Republic of the Congo (ZAR3.97M), and Eswatini (ZAR1.13M), and were imported mostly from China (ZAR17.5M), Hong Kong (ZAR1.02M), India (ZAR46.3k), Germany (ZAR33.8k), and Hungary (ZAR9.34k).

Growth In January 2024, the decrease in Phosphoric Acid's year-by-year exports was explained primarily by a decrease in exports to Eswatini (ZAR-2.08M or -57.2%) and Botswana (ZAR-50.4k or -97.8%). In January 2024, the increase in Phosphoric Acid's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)ZAR-23.2M(-7.78%)

IMPORT GROWTH (January 2023 - January 2024)ZAR12.2M(193%)

MAIN EXPORTER (January 2024)Richards BayZAR270M

MAIN DESTINATION (January 2024)IndiaZAR91.7M

This section shows Phosphoric Acid'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 Phosphoric Acid over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$190M

IMPORTS (2022)$24.4M

NET TRADE (2022)$166M

In 2022, South Africa exported $190M in Phosphoric Acid. The main destinations of South Africa exports on Phosphoric Acid were India ($75.5M), Belgium ($34.8M), Netherlands ($32.9M), Democratic Republic of the Congo ($20.1M), and Bangladesh ($13.2M).

In 2022, South Africa imported $24.4M in Phosphoric Acid, mainly from China ($11M), Jordan ($6.99M), Finland ($5.12M), Israel ($510k), and United States ($234k).

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