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2023
Exports $6.29BWorld Rnk 1 / 74
Flag Rnk 7 / 1214
2023
Destination $1.3B China
2022 - 2023
FASTEST GROWING MARKET $1.3BChina
2023
PRODUCT COMPLEXITY IN Chromium Ore-2.49Rnk 1018 / 1025
2023
Imports $1.1MWorld Rnk 42 / 107
Flag Rnk 975 / 1211
2023
Origin $25.8k Zimbabwe
2022 - 2023
FASTEST GROWING ORIGIN $25.8kZimbabwe
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $6.29B in Chromium Ore, making it the 1st largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 7th most exported product in South Africa. The main destination of Chromium Ore exports from South Africa are: China ($4.01B), Mozambique ($1.63B), Indonesia ($207M), Hong Kong ($142M), and United Arab Emirates ($38.5M).

The fastest growing export markets for Chromium Ore of South Africa between 2022 and 2023 were China ($1.3B), Mozambique ($1.28B), and Hong Kong ($100M).

Imports In 2023, South Africa imported $1.1M in Chromium Ore, becoming the 42nd largest importer of Chromium Ore in the world. At the same year, Chromium Ore was the 975th most imported product in South Africa. South Africa imports Chromium Ore primarily from: Zimbabwe ($1.07M), United States ($28.2k), Kenya ($5.4k), United Arab Emirates ($2.34k), and Mozambique ($1.57k).

The fastest growing import markets in Chromium Ore for South Africa between 2022 and 2023 were Zimbabwe ($25.8k), United States ($15.1k), and Kenya ($5.4k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Chromium Ore exports accounted up to ZAR6.87B and imports accounted up to ZAR45.9M, resulting in a positive trade balance of ZAR6.82B. Between November 2023 and November 2024 the exports of South Africa's   Chromium Ore have increased by ZAR15.2M (0.22%) from ZAR6.85B to ZAR6.87B, while imports increased by ZAR43.8M (2.05k%) from ZAR2.14M to ZAR45.9M.

Destinations In November 2024, Chromium Ore were exported mostly to China (ZAR3.54B), Mozambique (ZAR2.69B), United Arab Emirates (ZAR160M), Turkey (ZAR121M), and Hong Kong (ZAR119M), and were imported mostly from Zimbabwe (ZAR45.9M) and Ethiopia (ZAR18).

Growth In November 2024, the increase in Chromium Ore's year-by-year exports was explained primarily by an increase in exports to Mozambique (ZAR708M or 63.4%), China (ZAR660M or 47.3%), and Hong Kong (ZAR146M or 266%). In November 2024, the increase in Chromium Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR15.2M(0.22%)
IMPORT GROWTH (November 2023 - November 2024)ZAR43.8M(2.05k%)
MAIN EXPORTER (November 2024)KomatipoortZAR4.34B
MAIN DESTINATION (November 2024)ChinaZAR3.54B

This section shows Chromium Ore'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 Chromium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.29B
IMPORTS (2023)$1.1M
NET TRADE (2023)$6.29B

In 2023, South Africa exported $6.29B in Chromium Ore. The main destinations of South Africa exports on Chromium Ore were China ($4.01B), Mozambique ($1.63B), Indonesia ($207M), Hong Kong ($142M), and United Arab Emirates ($38.5M).

In 2023, South Africa imported $1.1M in Chromium Ore, mainly from Zimbabwe ($1.07M), United States ($28.2k), Kenya ($5.4k), United Arab Emirates ($2.34k), and Mozambique ($1.57k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chromium Ore EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
China$1.3B (48.1%)
Mozambique$1.28B (357%)
Hong Kong$100M (240%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chromium Ore BY South Africa WERE (2022 - 2023):
Turkey-$21.6M (-43.5%)
Malaysia-$6.8M (-74.4%)
United States-$6.23M (-19.1%)
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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 Chromium Ore were:
Turkey $422M
Zimbabwe $217M
In 2023, South Africa's main importing competitors in Chromium Ore were:
China $4.9B
Mozambique $1.69B
Indonesia $227M

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Trade Value of Chromium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $9.82M
TOP IMPORT POTENTIALZimbabwe+ $282k

Chromium Ore’s highest export potential is India. With an export gap of $9.82M.   Chromium Ore’s highest import potential is Zimbabwe with an import gap of $282k.

See methodology.

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