Overview: In August 2020 South Africa's Phenols exports accounted up to ZAR24.6M and imports accounted up to ZAR7.81M, resulting in a positive trade balance of ZAR16.7M. Between August 2019 and August 2020 the exports of South Africa's Phenols have decreased by ZAR-16.4M (-40.1%) from ZAR41M to ZAR24.6M, while imports decreased by ZAR-3.38M (-30.2%) from ZAR11.2M to ZAR7.81M.
Destinations: In August 2020 Phenols exported mostly to India (ZAR17.5M), Taiwan (ZAR3.49M), Malaysia (ZAR1.46M), New Zealand (ZAR1.01M), and Australia (ZAR505k), and imported mostly from Japan (ZAR2.51M), Germany (ZAR1.74M), India (ZAR1.74M), Taiwan (ZAR1.44M), and China (ZAR168k).
Growth: In August 2020, the decrease in Phenols's year-by-year exports was explained primarily by a decrease in exports to India (ZAR-6.43M or -26.8%), Australia (ZAR-253k or -33.3%), and Argentina (ZAR-85.5k or -27.9%). In August 2020, the decrease in Phenols's year-by-year imports was explained primarily by a decrease in imports from China (ZAR-2.4M or -93.5%), Japan (ZAR-1.61M or -39.1%), and United States (ZAR-175k or -62.9%).