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2022
Exports $136MWorld Rnk 48 / 223
Flag Rnk 110 / 1213
2022
Destination $2.78M Namibia
2021 - 2022
FASTEST GROWING MARKET $2.78MGuinea
2022
PRODUCT COMPLEXITY IN Electrical Transformers0.65Rnk 294 / 1025
2022
Imports $759MWorld Rnk 39 / 225
Flag Rnk 16 / 1213
2022
Origin $253M China
2021 - 2022
FASTEST GROWING ORIGIN $253MChina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $136M in Electrical Transformers, making it the 48th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 110th most exported product in South Africa. The main destination of Electrical Transformers exports from South Africa are: Namibia ($15.5M), Botswana ($15M), Democratic Republic of the Congo ($14.7M), Zimbabwe ($14.3M), and Zambia ($9.21M).

The fastest growing export markets for Electrical Transformers of South Africa between 2021 and 2022 were Guinea ($2.78M), Nigeria ($2.47M), and Namibia ($2.14M).

Imports In 2022, South Africa imported $759M in Electrical Transformers, becoming the 39th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 16th most imported product in South Africa. South Africa imports Electrical Transformers primarily from: China ($469M), Germany ($63.4M), India ($35.5M), United States ($27.4M), and France ($17.5M).

The fastest growing import markets in Electrical Transformers for South Africa between 2021 and 2022 were China ($253M), India ($17M), and United States ($10.3M).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Electrical Transformers exports accounted up to ZAR177M and imports accounted up to ZAR1.15B, resulting in a negative trade balance of ZAR976M. Between June 2023 and June 2024 the exports of South Africa's   Electrical Transformers have increased by ZAR35.8M (25.3%) from ZAR142M to ZAR177M, while imports decreased by ZAR-2.15B (-65%) from ZAR3.3B to ZAR1.15B.

Destinations In June 2024, Electrical Transformers were exported mostly to Zambia (ZAR27.9M), Botswana (ZAR20.6M), Zimbabwe (ZAR19.3M), Democratic Republic of the Congo (ZAR14.6M), and Namibia (ZAR13M), and were imported mostly from China (ZAR739M), South Korea (ZAR97.8M), Germany (ZAR41.8M), United States (ZAR39.6M), and India (ZAR32.7M).

Growth In June 2024, the increase in Electrical Transformers's year-by-year exports was explained primarily by an increase in exports to Vietnam (ZAR30.5M or 28.6k%), Zimbabwe (ZAR15.1M or 169%), and Unclassified (ZAR4.98M or 5.6k%). In June 2024, the decrease in Electrical Transformers's year-by-year imports was explained primarily by a decrease in imports from Slovakia (ZAR-10.2M or -91.9%), South Korea (ZAR-9.73M or -71%), and Brazil (ZAR-9.58M or -41.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR35.8M(25.3%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-2.15B(-65%)
MAIN EXPORTER (June 2024)Beit BridgeZAR50M
MAIN DESTINATION (June 2024)ZambiaZAR27.9M

This section shows Electrical Transformers'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 Transformers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$136M
IMPORTS (2022)$759M
NET TRADE (2022)-$622M

In 2022, South Africa exported $136M in Electrical Transformers. The main destinations of South Africa exports on Electrical Transformers were Namibia ($15.5M), Botswana ($15M), Democratic Republic of the Congo ($14.7M), Zimbabwe ($14.3M), and Zambia ($9.21M).

In 2022, South Africa imported $759M in Electrical Transformers, mainly from China ($469M), Germany ($63.4M), India ($35.5M), United States ($27.4M), and France ($17.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Guinea$2.78M (367%)
Nigeria$2.47M (161%)
Namibia$2.14M (16%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY South Africa WERE (2021 - 2022):
Burkina Faso-$2.37M (-86.7%)
Lesotho-$2.32M (-45.3%)
Uganda-$1.85M (-64.5%)
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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 Transformers were:
China $54.1B
Germany $12.2B
United States $6.63B
In 2022, South Africa's main importing competitors in Electrical Transformers were:
United States $23.5B
Germany $12.4B
China $9.37B

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.54M
TOP IMPORT POTENTIALChina+ $61.3M

Electrical Transformers’s highest export potential is United States. With an export gap of $8.54M.   Electrical Transformers’s highest import potential is China with an import gap of $61.3M.

See methodology.

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