2022
Exports | Imports
$108M | $4.34BWorld Rnk 73 / 149
Flag Rnk 134 / 1213
World Rnk 34 / 158
Flag Rnk 3 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.033Rnk 61 / 124
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.44Rnk 1015 / 1025

About

Exports In 2022, South Africa exported $108M in Crude Petroleum, making it the 73rd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 134th most exported product in South Africa. The main destination of Crude Petroleum exports from South Africa are: Thailand ($80.1M), Malaysia ($14.1M), United Kingdom ($8.42M), Namibia ($3.07M), and Botswana ($1.5M).

The fastest growing export markets for Crude Petroleum of South Africa between 2021 and 2022 were Malaysia ($14.1M), Thailand ($10.6M), and United Kingdom ($8.42M).

Imports In 2022, South Africa imported $4.34B in Crude Petroleum, becoming the 34th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 3rd most imported product in South Africa. South Africa imports Crude Petroleum primarily from: Nigeria ($2.16B), Saudi Arabia ($1.54B), Angola ($381M), Ghana ($108M), and Republic of the Congo ($108M).

The fastest growing import markets in Crude Petroleum for South Africa between 2021 and 2022 were Republic of the Congo ($108M), Cote d'Ivoire ($11.4M), and Spain ($3.34k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Crude Petroleum from South Africa to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - January 2024)ZAR98.6k(60.8%)
IMPORT GROWTH (January 2023 - January 2024)ZAR-1.62B(-21.4%)
MAIN EXPORTER (January 2024)Cape TownZAR237k
MAIN DESTINATION (January 2024)Saint HelenaZAR237k

This section shows Crude Petroleum'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 Crude Petroleum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$108M
IMPORTS (2022)$4.34B
NET TRADE (2022)-$4.23B

In 2022, South Africa exported $108M in Crude Petroleum. The main destinations of South Africa exports on Crude Petroleum were Thailand ($80.1M), Malaysia ($14.1M), United Kingdom ($8.42M), Namibia ($3.07M), and Botswana ($1.5M).

In 2022, South Africa imported $4.34B in Crude Petroleum, mainly from Nigeria ($2.16B), Saudi Arabia ($1.54B), Angola ($381M), Ghana ($108M), and Republic of the Congo ($108M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Malaysia$14.1M (1%)
Thailand$10.6M (15.3%)
United Kingdom$8.42M (46.8M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY South Africa WERE (2021 - 2022):
China-$728M (-100%)
Spain-$207M (-100%)
India-$181M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Crude Petroleum were:
In 2022, South Africa's main importing competitors in Crude Petroleum were:

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

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