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2023
Exports $281MWorld Rnk 28 / 111
Flag Rnk 57 / 1214
2023
Destination $19.7M China
2022 - 2023
FASTEST GROWING MARKET $19.7MMozambique
2023
PRODUCT COMPLEXITY IN Copper Ore-1.95Rnk 994 / 1025
2023
Imports $587kWorld Rnk 50 / 102
Flag Rnk 1036 / 1211
2023
Origin $189k Zimbabwe
2022 - 2023
FASTEST GROWING ORIGIN $189kDemocratic Republic of the Congo
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $281M in Copper Ore, making it the 28th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 57th most exported product in South Africa. The main destination of Copper Ore exports from South Africa are: China ($229M), Mozambique ($19.7M), Malaysia ($11.5M), Spain ($7.84M), and Bulgaria ($5.75M).

The fastest growing export markets for Copper Ore of South Africa between 2022 and 2023 were Mozambique ($19.7M), Spain ($7.74M), and China ($6.94M).

Imports In 2023, South Africa imported $587k in Copper Ore, becoming the 50th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 1036th most imported product in South Africa. South Africa imports Copper Ore primarily from: Zimbabwe ($269k), Democratic Republic of the Congo ($265k), Botswana ($26.6k), Zambia ($9.16k), and China ($5.92k).

The fastest growing import markets in Copper Ore for South Africa between 2022 and 2023 were Democratic Republic of the Congo ($189k), Zimbabwe ($175k), and China ($5.66k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Copper Ore exports accounted up to ZAR159M and imports accounted up to ZAR51.9k, resulting in a positive trade balance of ZAR159M. Between November 2023 and November 2024 the exports of South Africa's   Copper Ore have decreased by ZAR-434M (-73.2%) from ZAR593M to ZAR159M, while imports decreased by ZAR-18.1k (-25.8%) from ZAR69.9k to ZAR51.9k.

Destinations In November 2024, Copper Ore were exported mostly to Malaysia (ZAR97.6M), China (ZAR59M), South Korea (ZAR2.52M), and Namibia (ZAR410), and were imported mostly from Namibia (ZAR30.1k), United States (ZAR9.15k), Canada (ZAR6.66k), South Africa (ZAR2.23k), and Botswana (ZAR1.49k).

Growth In November 2024, the decrease in Copper Ore's year-by-year exports was explained primarily by a decrease in exports to China (ZAR-5.49M or -59.8%). In November 2024, the decrease in Copper Ore's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-434M(-73.2%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-18.1k(-25.8%)
MAIN EXPORTER (November 2024)KomatipoortZAR567M
MAIN DESTINATION (November 2024)MalaysiaZAR97.6M

This section shows Copper 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 Copper Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$281M
IMPORTS (2023)$587k
NET TRADE (2023)$280M

In 2023, South Africa exported $281M in Copper Ore. The main destinations of South Africa exports on Copper Ore were China ($229M), Mozambique ($19.7M), Malaysia ($11.5M), Spain ($7.84M), and Bulgaria ($5.75M).

In 2023, South Africa imported $587k in Copper Ore, mainly from Zimbabwe ($269k), Democratic Republic of the Congo ($265k), Botswana ($26.6k), Zambia ($9.16k), and China ($5.92k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Mozambique$19.7M (5.62M%)
Spain$7.74M (7.24k%)
China$6.94M (3.12%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY South Africa WERE (2022 - 2023):
South Korea-$55.5M (-100%)
Bulgaria-$27.4M (-82.7%)
Chinese Taipei-$7.8M (-90.9%)
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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 Copper Ore were:
Chile $24.2B
Peru $19.9B
Indonesia $8.55B
In 2023, South Africa's main importing competitors in Copper Ore were:
China $57.3B
Japan $11B
South Korea $4.95B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $120M
TOP IMPORT POTENTIALDemocratic Republic of the Congo+ $176k

Copper Ore’s highest export potential is China. With an export gap of $120M.   Copper Ore’s highest import potential is Democratic Republic of the Congo with an import gap of $176k.

See methodology.

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