Overview In January 2024 South Africa's Prepr binder for foundry exports accounted up to ZAR236M and imports accounted up to ZAR593M, resulting in a negative trade balance of ZAR357M. Between January 2023 and January 2024 the exports of South Africa's Prepr binder for foundry have increased by ZAR10.6M (4.71%) from ZAR226M to ZAR236M, while imports increased by ZAR42.5M (7.72%) from ZAR550M to ZAR593M.
Destinations In January 2024, Prepr binder for foundry were exported mostly to Mozambique (ZAR29.8M), Zambia (ZAR29.3M), Democratic Republic of the Congo (ZAR24.5M), Namibia (ZAR21.3M), and Belgium (ZAR15.7M), and were imported mostly from Eswatini (ZAR310M), Germany (ZAR69.4M), China (ZAR42.2M), United States (ZAR31.5M), and Netherlands (ZAR21.1M).
Growth In January 2024, the increase in Prepr binder for foundry's year-by-year exports was explained primarily by an increase in exports to Australia (ZAR14.4M or 146%), Zambia (ZAR11.5M or 45%), and Democratic Republic of the Congo (ZAR8.35M or 77.2%). In January 2024, the increase in Prepr binder for foundry's year-by-year imports was explained primarily by an increase in imports from Germany (ZAR48.9M or 137%), Eswatini (ZAR26.5M or 11%), and United Kingdom (ZAR9.74M or 113%).