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2022
Exports $70.4MWorld Rnk 42 / 218
Flag Rnk 184 / 1213
2022
Destination $5M Lesotho
2021 - 2022
FASTEST GROWING MARKET $5MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Electrical Power Accessories0.91Rnk 204 / 1025
2022
Imports $122MWorld Rnk 50 / 225
Flag Rnk 172 / 1213
2022
Origin $1.67M China
2021 - 2022
FASTEST GROWING ORIGIN $1.67MJapan
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $70.4M in Electrical Power Accessories, making it the 42nd largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 184th most exported product in South Africa. The main destination of Electrical Power Accessories exports from South Africa are: Lesotho ($27.6M), United Kingdom ($11.3M), Namibia ($3.72M), Zambia ($3.54M), and Australia ($3.4M).

The fastest growing export markets for Electrical Power Accessories of South Africa between 2021 and 2022 were United Kingdom ($5M), Zambia ($1.49M), and Lesotho ($1.04M).

Imports In 2022, South Africa imported $122M in Electrical Power Accessories, becoming the 50th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 172nd most imported product in South Africa. South Africa imports Electrical Power Accessories primarily from: China ($32.4M), Germany ($23.4M), Spain ($13.6M), Italy ($7.26M), and India ($5.78M).

The fastest growing import markets in Electrical Power Accessories for South Africa between 2021 and 2022 were Japan ($1.67M), China ($1.41M), and Australia ($1.03M).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Electrical Power Accessories exports accounted up to ZAR91.3M and imports accounted up to ZAR209M, resulting in a negative trade balance of ZAR118M. Between June 2023 and June 2024 the exports of South Africa's   Electrical Power Accessories have increased by ZAR14.3M (18.5%) from ZAR77M to ZAR91.3M, while imports decreased by ZAR-26.4M (-11.2%) from ZAR236M to ZAR209M.

Destinations In June 2024, Electrical Power Accessories were exported mostly to Lesotho (ZAR34.9M), Zimbabwe (ZAR7.6M), Mozambique (ZAR7.46M), Australia (ZAR6.75M), and Namibia (ZAR5.92M), and were imported mostly from China (ZAR82.5M), Germany (ZAR28.5M), Australia (ZAR12.6M), Italy (ZAR12.4M), and France (ZAR8.73M).

Growth In June 2024, the increase in Electrical Power Accessories's year-by-year exports was explained primarily by an increase in exports to Democratic Republic of the Congo (ZAR5.61M or 1.38k%), United Kingdom (ZAR1.63M or 261%), and Australia (ZAR1.59M or 142%). In June 2024, the decrease in Electrical Power Accessories's year-by-year imports was explained primarily by a decrease in imports from France (ZAR-6.02M or -53.8%), Canada (ZAR-4.78M or -98.9%), and Switzerland (ZAR-2.33M or -74.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR14.3M(18.5%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-26.4M(-11.2%)
MAIN EXPORTER (June 2024)Ficksburg BridgeZAR40M
MAIN DESTINATION (June 2024)LesothoZAR34.9M

This section shows Electrical Power Accessories'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 Electrical Power Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$70.4M
IMPORTS (2022)$122M
NET TRADE (2022)-$51.3M

In 2022, South Africa exported $70.4M in Electrical Power Accessories. The main destinations of South Africa exports on Electrical Power Accessories were Lesotho ($27.6M), United Kingdom ($11.3M), Namibia ($3.72M), Zambia ($3.54M), and Australia ($3.4M).

In 2022, South Africa imported $122M in Electrical Power Accessories, mainly from China ($32.4M), Germany ($23.4M), Spain ($13.6M), Italy ($7.26M), and India ($5.78M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
United Kingdom$5M (79.6%)
Zambia$1.49M (72.6%)
Lesotho$1.04M (3.92%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY South Africa WERE (2021 - 2022):
China-$1.16M (-95%)
United Arab Emirates-$959k (-40.5%)
Mozambique-$809k (-29.1%)
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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 Electrical Power Accessories were:
China $6.47B
Germany $6.36B
United States $4.96B
In 2022, South Africa's main importing competitors in Electrical Power Accessories were:
United States $4.94B
Mexico $4.2B
China $3.93B

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Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.92M
TOP IMPORT POTENTIALChina+ $10.5M

Electrical Power Accessories’s highest export potential is United States. With an export gap of $1.92M.   Electrical Power Accessories’s highest import potential is China with an import gap of $10.5M.

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