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2023
Exports $14.3MWorld Rnk 16 / 125
Flag Rnk 463 / 1214
2023
Destination $3.21MN/A
2022 - 2023
FASTEST GROWING MARKET $3.21MNamibia
2023
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.77Rnk 776 / 1025
2023
Imports $1.38MWorld Rnk 64 / 188
Flag Rnk 950 / 1211
2023
Origin $523k Bahrain
2022 - 2023
FASTEST GROWING ORIGIN $523kBahrain
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

The fastest growing export markets for Bitumen and asphalt of South Africa between 2022 and 2023 were Namibia ($3.21M), Botswana ($624k), and Lesotho ($161k).

Imports In 2023, South Africa imported $1.38M in Bitumen and asphalt, becoming the 64th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 950th most imported product in South Africa. South Africa imports Bitumen and asphalt primarily from: Bahrain ($523k), Malaysia ($278k), China ($258k), Turkey ($163k), and United States ($129k).

The fastest growing import markets in Bitumen and asphalt for South Africa between 2022 and 2023 were Bahrain ($523k), China ($258k), and Turkey ($157k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Bitumen and asphalt exports accounted up to ZAR15.9M and imports accounted up to ZAR21.2k, resulting in a positive trade balance of ZAR15.8M. Between November 2023 and November 2024 the exports of South Africa's   Bitumen and asphalt have decreased by ZAR-6.32M (-28.5%) from ZAR22.2M to ZAR15.9M, while imports increased by ZAR17.8k (533%) from ZAR3.35k to ZAR21.2k.

Destinations In November 2024, Bitumen and asphalt were exported mostly to Botswana (ZAR8.51M), Namibia (ZAR3.1M), Lesotho (ZAR1.53M), Zimbabwe (ZAR1.34M), and Zambia (ZAR537k), and were imported mostly from Unclassified (ZAR21.2k).

Growth In November 2024, the decrease in Bitumen and asphalt's year-by-year exports was explained primarily by a decrease in exports to Zimbabwe (ZAR-8.28M or -65%), Democratic Republic of the Congo (ZAR-2.24M or -79.7%), and Namibia (ZAR-321k or -87.9%). In November 2024, the increase in Bitumen and asphalt's year-by-year imports was explained primarily by an increase in imports from United States (ZAR26.5k or 9.39%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-6.32M(-28.5%)
IMPORT GROWTH (October 2023 - November 2024)ZAR17.8k(533%)
MAIN EXPORTER (November 2024)SkilpadsnekZAR21.7M
MAIN DESTINATION (November 2024)BotswanaZAR8.51M

This section shows Bitumen and asphalt'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 Bitumen and asphalt over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$14.3M
IMPORTS (2023)$1.38M
NET TRADE (2023)$12.9M

In 2023, South Africa imported $1.38M in Bitumen and asphalt, mainly from Bahrain ($523k), Malaysia ($278k), China ($258k), Turkey ($163k), and United States ($129k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Namibia$3.21M (257%)
Botswana$624k (19.7%)
Lesotho$161k (46.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY South Africa WERE (2022 - 2023):
Democratic Republic of the Congo-$2.59M (-81.4%)
Zimbabwe-$1.94M (-29.9%)
Mauritius-$215k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Bitumen and asphalt were:
United States $131M
Iraq $114M
Bahrain $52.7M
In 2023, South Africa's main importing competitors in Bitumen and asphalt were:
United Arab Emirates $140M
France $123M
Uruguay $60.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $84.4k
TOP IMPORT POTENTIALUnited States+ $113k

Bitumen and asphalt’s highest export potential is United Arab Emirates. With an export gap of $84.4k.   Bitumen and asphalt’s highest import potential is United States with an import gap of $113k.

See methodology.

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