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2022
Exports $1.2MWorld Rnk 50 / 154
Flag Rnk 882 / 1213
2022
Destination $80.3k Namibia
2021 - 2022
FASTEST GROWING MARKET $80.3kTanzania
2022
PRODUCT COMPLEXITY IN Binoculars and Telescopes0.32Rnk 438 / 1025
2022
Imports $20MWorld Rnk 21 / 209
Flag Rnk 511 / 1213
2022
Origin $3.48M Russia
2021 - 2022
FASTEST GROWING ORIGIN $3.48MUnited States
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $1.2M in Binoculars and Telescopes, making it the 50th largest exporter of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 882nd most exported product in South Africa. The main destination of Binoculars and Telescopes exports from South Africa are: Namibia ($114k), United States ($89.7k), Tanzania ($89.6k), Chinese Taipei ($74.5k), and Turkey ($70.5k).

The fastest growing export markets for Binoculars and Telescopes of South Africa between 2021 and 2022 were Tanzania ($80.3k), Chinese Taipei ($74.5k), and Turkey ($70.5k).

Imports In 2022, South Africa imported $20M in Binoculars and Telescopes, becoming the 21st largest importer of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 511th most imported product in South Africa. South Africa imports Binoculars and Telescopes primarily from: Russia ($5.16M), United States ($4.96M), China ($3.76M), Austria ($1.13M), and Germany ($1.09M).

The fastest growing import markets in Binoculars and Telescopes for South Africa between 2021 and 2022 were United States ($3.48M), Switzerland ($751k), and Russia ($633k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Binoculars and Telescopes exports accounted up to ZAR1.45M and imports accounted up to ZAR19.6M, resulting in a negative trade balance of ZAR18.2M. Between June 2023 and June 2024 the exports of South Africa's   Binoculars and Telescopes have decreased by ZAR-45.2k (-3.02%) from ZAR1.5M to ZAR1.45M, while imports increased by ZAR3.78M (23.9%) from ZAR15.9M to ZAR19.6M.

Destinations In June 2024, Binoculars and Telescopes were exported mostly to Botswana (ZAR377k), Zambia (ZAR369k), Lesotho (ZAR203k), Namibia (ZAR127k), and Rwanda (ZAR82k), and were imported mostly from China (ZAR7.2M), Lithuania (ZAR2.26M), Singapore (ZAR1.85M), Switzerland (ZAR1.72M), and Austria (ZAR1.42M).

Growth In June 2024, the decrease in Binoculars and Telescopes's year-by-year exports was explained primarily by a decrease in exports to Zimbabwe (ZAR-24.1k or -97.3%) and United Kingdom (ZAR-996 or -71.4%). In June 2024, the increase in Binoculars and Telescopes's year-by-year imports was explained primarily by an increase in imports from Switzerland (ZAR2.01M or 299%), Germany (ZAR937k or 205%), and Austria (ZAR874k or 85.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-45.2k(-3.02%)
IMPORT GROWTH (June 2023 - June 2024)ZAR3.78M(23.9%)
MAIN EXPORTER (June 2024)O.r. Tambo Int AirportZAR3.13M
MAIN DESTINATION (June 2024)BotswanaZAR377k

This section shows Binoculars and Telescopes'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 Binoculars and Telescopes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.2M
IMPORTS (2022)$20M
NET TRADE (2022)-$18.8M

In 2022, South Africa exported $1.2M in Binoculars and Telescopes. The main destinations of South Africa exports on Binoculars and Telescopes were Namibia ($114k), United States ($89.7k), Tanzania ($89.6k), Chinese Taipei ($74.5k), and Turkey ($70.5k).

In 2022, South Africa imported $20M in Binoculars and Telescopes, mainly from Russia ($5.16M), United States ($4.96M), China ($3.76M), Austria ($1.13M), and Germany ($1.09M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Binoculars and Telescopes EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Tanzania$80.3k (871%)
Chinese Taipei$74.5k (1%)
Turkey$70.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Binoculars and Telescopes BY South Africa WERE (2021 - 2022):
Austria-$142k (-73.6%)
Botswana-$62.4k (-62.5%)
Namibia-$34.6k (-23.3%)
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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 Binoculars and Telescopes were:
China $730M
United States $256M
Germany $138M
In 2022, South Africa's main importing competitors in Binoculars and Telescopes were:
United States $485M
Germany $175M
Australia $96.4M

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Trade Value of Binoculars and Telescopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $292k
TOP IMPORT POTENTIALChina+ $1.34M

Binoculars and Telescopes’s highest export potential is United States. With an export gap of $292k.   Binoculars and Telescopes’s highest import potential is China with an import gap of $1.34M.

See methodology.

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