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2022
Exports $2.51BWorld Rnk 1 / 79
Flag Rnk 10 / 1213
2022
Destination $331M China
2021 - 2022
FASTEST GROWING MARKET $331MMozambique
2022
PRODUCT COMPLEXITY IN Chromium Ore-2.56Rnk 1021 / 1025
2022
Imports $2.77MWorld Rnk 31 / 111
Flag Rnk 877 / 1213
2022
Origin $721k Zimbabwe
2021 - 2022
FASTEST GROWING ORIGIN $721kZimbabwe
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $2.51B in Chromium Ore, making it the 1st largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 10th most exported product in South Africa. The main destination of Chromium Ore exports from South Africa are: China ($1.2B), Mozambique ($903M), Indonesia ($112M), Hong Kong ($84.3M), and Turkey ($49.6M).

The fastest growing export markets for Chromium Ore of South Africa between 2021 and 2022 were Mozambique ($331M), China ($264M), and Hong Kong ($49.4M).

Imports In 2022, South Africa imported $2.77M in Chromium Ore, becoming the 31st largest importer of Chromium Ore in the world. At the same year, Chromium Ore was the 877th most imported product in South Africa. South Africa imports Chromium Ore primarily from: Zimbabwe ($2.66M), United Arab Emirates ($48.3k), Oman ($42.3k), United States ($13.5k), and Democratic Republic of the Congo ($3.95k).

The fastest growing import markets in Chromium Ore for South Africa between 2021 and 2022 were Zimbabwe ($721k), Oman ($14.9k), and Democratic Republic of the Congo ($1.46k).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Chromium Ore exports accounted up to ZAR7.32B and imports accounted up to ZAR38M, resulting in a positive trade balance of ZAR7.28B. Between August 2023 and August 2024 the exports of South Africa's   Chromium Ore have increased by ZAR58.8M (0.81%) from ZAR7.26B to ZAR7.32B, while imports increased by ZAR37.8M (13.6k%) from ZAR278k to ZAR38M.

Destinations In August 2024, Chromium Ore were exported mostly to Mozambique (ZAR3.55B), China (ZAR3.01B), India (ZAR220M), Turkey (ZAR99.3M), and Hong Kong (ZAR87M), and were imported mostly from Zimbabwe (ZAR38M), Madagascar (ZAR19), and United States (ZAR18).

Growth In August 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 August 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 (August 2023 - August 2024)ZAR58.8M(0.81%)
IMPORT GROWTH (August 2023 - August 2024)ZAR37.8M(13.6k%)
MAIN EXPORTER (August 2024)KomatipoortZAR4.34B
MAIN DESTINATION (August 2024)MozambiqueZAR3.55B

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 (2022)$2.51B
IMPORTS (2022)$2.77M
NET TRADE (2022)$2.51B

In 2022, South Africa exported $2.51B in Chromium Ore. The main destinations of South Africa exports on Chromium Ore were China ($1.2B), Mozambique ($903M), Indonesia ($112M), Hong Kong ($84.3M), and Turkey ($49.6M).

In 2022, South Africa imported $2.77M in Chromium Ore, mainly from Zimbabwe ($2.66M), United Arab Emirates ($48.3k), Oman ($42.3k), United States ($13.5k), and Democratic Republic of the Congo ($3.95k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chromium Ore EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Mozambique$331M (58%)
China$264M (28.2%)
Hong Kong$49.4M (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chromium Ore BY South Africa WERE (2021 - 2022):
India-$15M (-30.5%)
Russia-$6.69M (-91.7%)
United Arab Emirates-$2.63M (-14.8%)
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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 Chromium Ore were:
Turkey $342M
Kazakhstan $146M
In 2022, South Africa's main importing competitors in Chromium Ore were:
China $1.8B
Mozambique $916M
Russia $163M

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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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