Phenols in South Africa

EXPORTS (2018): $57.8M, World Rnk 20 / 84
Flag Rnk 171 / 1203

TOP DESTINATION (2018): $22M, India

FASTEST GROWING MARKET (2017 - 2018): $6.47M, India

IMPORTS (2018): $9.01M, World Rnk 45 / 160
Flag Rnk 662 / 1206

TOP ORIGIN (2018): $2.61M, Japan

FASTEST GROWING ORIGIN (2017 - 2018): $1.77M, Japan

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

PRODUCT COMPLEXITY  IN Phenols (2018): 1.48, Rnk 50 / 1018

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

Exports: In 2018, South Africa exported $57.8M in Phenols, making it the 20th largest exporter of Phenols in the world. At the same year, Phenols was the 171st most exported product in South Africa. The main destination of Phenols exports from South Africa are: India ($22M), Belgium-Luxembourg ($10.3M), United Kingdom ($5.43M), Chinese Taipei ($5.22M), and Brazil ($3.2M).

The fastest growing export markets for Phenols of South Africa between 2017 and 2018 were India ($6.47M), Belgium-Luxembourg ($5.54M), and Chinese Taipei ($2.63M).

Imports: In 2018, South Africa imported $9.01M in Phenols, becoming the 45th largest importer of Phenols in the world. At the same year, Phenols was the 662nd most imported product in South Africa. South Africa imports Phenols primarily from: Japan ($2.61M), China ($2.13M), Chinese Taipei ($1.41M), India ($979k), and Germany ($521k).

The fastest growing import markets in Phenols for South Africa between 2017 and 2018 were Japan ($1.77M), Chinese Taipei ($385k), and Saudi Arabia ($365k).

Overview: In July 2020 South Africa's Phenols exports accounted up to ZAR36.6M and imports accounted up to ZAR4.26M, resulting in a positive trade balance of ZAR32.3M. Between July 2019 and July 2020 the exports of South Africa's   Phenols have decreased by ZAR-12.7M (-25.8%) from ZAR49.3M to ZAR36.6M, while imports decreased by ZAR-6.61M (-60.8%) from ZAR10.9M to ZAR4.26M.

Destinations: In July 2020 Phenols exported mostly to India (ZAR22.6M), Taiwan (ZAR5.6M), Brazil (ZAR3.74M), New Zealand (ZAR1.69M), and Nigeria (ZAR1.5M), and imported mostly from Switzerland (ZAR1.47M), Taiwan (ZAR957k), Germany (ZAR928k), India (ZAR727k), and Spain (ZAR75.5k).

Growth: In July 2020, the decrease in Phenols's year-by-year exports was explained primarily by a decrease in exports to India (ZAR-23.4M or -69.7%), Belgium (ZAR-5.38M or -33.1%), and Argentina (ZAR-1.08M or -84%). In July 2020, the decrease in Phenols's year-by-year imports was explained primarily by a decrease in imports from Taiwan (ZAR-960k or -46.7%), India (ZAR-314k or -97.2%), and Germany (ZAR-308k or -51.3%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): ZAR-12.7M, (-25.8%)

IMPORT GROWTH (July 2019 - July 2020): ZAR-6.61M, (-60.8%)

MAIN EXPORTER (July 2020): Durban, ZAR34.4M

MAIN DESTINATION (July 2020): India, ZAR22.6M

This section shows Phenols'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 Phenols over time.

Value

EXPORTS (2018): $57.8M

IMPORTS (2018): $9.01M

NET TRADE (2018): $48.8M

In 2018, South Africa exported $57.8M in Phenols. The main destinations of South Africa exports on Phenols were India ($22M), Belgium-Luxembourg ($10.3M), United Kingdom ($5.43M), Chinese Taipei ($5.22M), and Brazil ($3.2M).

In 2018, South Africa imported $9.01M in Phenols, mainly from Japan ($2.61M), China ($2.13M), Chinese Taipei ($1.41M), India ($979k), and Germany ($521k).

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

  • India, $21M ($22M - $979k)
  • Belgium-Luxembourg, $10.2M ($10.3M - $41.9k)
  • United Kingdom, $5.3M ($5.43M - $127k)

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

  • Japan, -$2.61M ($0 - $2.61M)
  • China, -$763k ($1.37M - $2.13M)
  • Saudi Arabia, -$365k ($0 - $365k)
Flow

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

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phenols 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 Phenols were:

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Phenols 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 Phenols in the imports of South Africa were of 0% around the world.

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