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2022
Exports $110MWorld Rnk 41 / 209
Flag Rnk 130 / 1213
2022
Destination $15.5M Nigeria
2021 - 2022
FASTEST GROWING MARKET $15.5MNigeria
2022
PRODUCT COMPLEXITY IN Electric Batteries1.02Rnk 164 / 1025
2022
Imports $1.15BWorld Rnk 24 / 225
Flag Rnk 11 / 1213
2022
Origin $532M China
2021 - 2022
FASTEST GROWING ORIGIN $532MChina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $110M in Electric Batteries, making it the 41st largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 130th most exported product in South Africa. The main destination of Electric Batteries exports from South Africa are: Nigeria ($15.9M), Namibia ($13.2M), Uganda ($12.4M), Zimbabwe ($10.7M), and Zambia ($10.6M).

The fastest growing export markets for Electric Batteries of South Africa between 2021 and 2022 were Nigeria ($15.5M), Uganda ($12.4M), and Kenya ($3.71M).

Imports In 2022, South Africa imported $1.15B in Electric Batteries, becoming the 24th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 11th most imported product in South Africa. South Africa imports Electric Batteries primarily from: China ($777M), Germany ($172M), Spain ($20.9M), Vietnam ($19.5M), and South Korea ($17.5M).

The fastest growing import markets in Electric Batteries for South Africa between 2021 and 2022 were China ($532M), Germany ($86.9M), and Vietnam ($9.2M).

Latest Trends

July 2024

About

Overview In July 2024 South Africa's Electric Batteries exports accounted up to ZAR208M and imports accounted up to ZAR1.03B, resulting in a negative trade balance of ZAR817M. Between July 2023 and July 2024 the exports of South Africa's   Electric Batteries have increased by ZAR18.9M (9.98%) from ZAR189M to ZAR208M, while imports decreased by ZAR-3.01B (-74.6%) from ZAR4.04B to ZAR1.03B.

Destinations In July 2024, Electric Batteries were exported mostly to Zambia (ZAR46.1M), Netherlands (ZAR42.9M), Namibia (ZAR24.7M), Zimbabwe (ZAR18.8M), and Mozambique (ZAR18.2M), and were imported mostly from China (ZAR813M), Germany (ZAR42M), Spain (ZAR28.5M), United States (ZAR20.5M), and Czechia (ZAR15.2M).

Growth In July 2024, the increase in Electric Batteries's year-by-year exports was explained primarily by an increase in exports to Nigeria (ZAR56.1M or 8.73k%), Namibia (ZAR7.03M or 52%), and Mozambique (ZAR5.22M or 128%). In July 2024, the decrease in Electric Batteries's year-by-year imports was explained primarily by a decrease in imports from South Korea (ZAR-18M or -82.1%), United States (ZAR-9.35M or -35.6%), and Chinese Taipei (ZAR-9.05M or -55.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)ZAR18.9M(9.98%)
IMPORT GROWTH (July 2023 - July 2024)ZAR-3.01B(-74.6%)
MAIN EXPORTER (July 2024)DurbanZAR63.7M
MAIN DESTINATION (July 2024)ZambiaZAR46.1M

This section shows Electric Batteries'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 Electric Batteries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$110M
IMPORTS (2022)$1.15B
NET TRADE (2022)-$1.04B

In 2022, South Africa exported $110M in Electric Batteries. The main destinations of South Africa exports on Electric Batteries were Nigeria ($15.9M), Namibia ($13.2M), Uganda ($12.4M), Zimbabwe ($10.7M), and Zambia ($10.6M).

In 2022, South Africa imported $1.15B in Electric Batteries, mainly from China ($777M), Germany ($172M), Spain ($20.9M), Vietnam ($19.5M), and South Korea ($17.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Nigeria$15.5M (3.97k%)
Uganda$12.4M (37.9k%)
Kenya$3.71M (587%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY South Africa WERE (2021 - 2022):
Russia-$1.15M (-100%)
Democratic Republic of the Congo-$738k (-20.4%)
Netherlands-$609k (-82.3%)
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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 Electric Batteries were:
China $58.7B
South Korea $9.71B
Poland $9.55B
In 2022, South Africa's main importing competitors in Electric Batteries were:
United States $23.2B
Germany $20.3B
South Korea $6.08B

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $4.09M
TOP IMPORT POTENTIALChina+ $18.7M

Electric Batteries’s highest export potential is United Kingdom. With an export gap of $4.09M.   Electric Batteries’s highest import potential is China with an import gap of $18.7M.

See methodology.

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