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2022
Exports $319MWorld Rnk 36 / 203
Flag Rnk 46 / 1213
2022
Destination $14.7M United States
2021 - 2022
FASTEST GROWING MARKET $14.7MUnited States
2022
PRODUCT COMPLEXITY IN Rubber Tires0.16Rnk 500 / 1025
2022
Imports $710MWorld Rnk 32 / 225
Flag Rnk 19 / 1213
2022
Origin $26.2M China
2021 - 2022
FASTEST GROWING ORIGIN $26.2MUnited States
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $319M in Rubber Tires, making it the 36th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 46th most exported product in South Africa. The main destination of Rubber Tires exports from South Africa are: United States ($37.4M), Belgium ($29.1M), Zimbabwe ($24.1M), Namibia ($23.2M), and Botswana ($21.8M).

The fastest growing export markets for Rubber Tires of South Africa between 2021 and 2022 were United States ($14.7M), Belgium ($10.1M), and China ($5.51M).

Imports In 2022, South Africa imported $710M in Rubber Tires, becoming the 32nd largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 19th most imported product in South Africa. South Africa imports Rubber Tires primarily from: China ($230M), United States ($80.2M), Japan ($67.1M), Thailand ($56M), and Germany ($32.7M).

The fastest growing import markets in Rubber Tires for South Africa between 2021 and 2022 were United States ($26.2M), Japan ($13.3M), and India ($4.7M).

COMPANIES In 2023, leading companies such as Continental Tire (497), Bridgestone Tires (2), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (2) were at the forefront of shipping Rubber Tires from South Africa to the United States.

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Rubber Tires exports accounted up to ZAR289M and imports accounted up to ZAR1.05B, resulting in a negative trade balance of ZAR758M. Between June 2023 and June 2024 the exports of South Africa's   Rubber Tires have decreased by ZAR-17.3M (-5.64%) from ZAR307M to ZAR289M, while imports decreased by ZAR-537M (-33.9%) from ZAR1.58B to ZAR1.05B.

Destinations In June 2024, Rubber Tires were exported mostly to Netherlands (ZAR28.2M), United States (ZAR27.8M), Germany (ZAR24.2M), Zambia (ZAR23.2M), and Belgium (ZAR22.6M), and were imported mostly from China (ZAR350M), Japan (ZAR131M), Thailand (ZAR130M), United States (ZAR74.4M), and Vietnam (ZAR48.2M).

Growth In June 2024, the decrease in Rubber Tires's year-by-year exports was explained primarily by a decrease in exports to Zimbabwe (ZAR-11.1M or -66.5%), United States (ZAR-6.67M or -33.2%), and Netherlands (ZAR-3.13M or -24.8%). In June 2024, the decrease in Rubber Tires's year-by-year imports was explained primarily by a decrease in imports from China (ZAR-237M or -59.8%), Italy (ZAR-5.54M or -54.3%), and Serbia (ZAR-1.89M or -52.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-17.3M(-5.64%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-537M(-33.9%)
MAIN EXPORTER (June 2024)Port ElizabethZAR158M
MAIN DESTINATION (June 2024)NetherlandsZAR28.2M

This section shows Rubber Tires'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 Rubber Tires over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$319M
IMPORTS (2022)$710M
NET TRADE (2022)-$390M

In 2022, South Africa exported $319M in Rubber Tires. The main destinations of South Africa exports on Rubber Tires were United States ($37.4M), Belgium ($29.1M), Zimbabwe ($24.1M), Namibia ($23.2M), and Botswana ($21.8M).

In 2022, South Africa imported $710M in Rubber Tires, mainly from China ($230M), United States ($80.2M), Japan ($67.1M), Thailand ($56M), and Germany ($32.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
United States$14.7M (64.7%)
Belgium$10.1M (53%)
China$5.51M (326%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY South Africa WERE (2021 - 2022):
United Kingdom-$3.84M (-29.6%)
Zambia-$3.36M (-18.6%)
Thailand-$1.66M (-88.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Rubber Tires were:
China $19.6B
Thailand $7.2B
Germany $5.83B
In 2022, South Africa's main importing competitors in Rubber Tires were:
United States $19B
Germany $7.38B
France $4.51B

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.8M
TOP IMPORT POTENTIALChina+ $40.8M

Rubber Tires’s highest export potential is United States. With an export gap of $39.8M.   Rubber Tires’s highest import potential is China with an import gap of $40.8M.

See methodology.

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