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2022
Exports $255MWorld Rnk 32 / 223
Flag Rnk 60 / 1213
2022
Destination $3.84M Germany
2021 - 2022
FASTEST GROWING MARKET $3.84MNetherlands
2022
PRODUCT COMPLEXITY IN Engine Parts0.92Rnk 203 / 1025
2022
Imports $330MWorld Rnk 32 / 224
Flag Rnk 62 / 1213
2022
Origin $4.75M Germany
2021 - 2022
FASTEST GROWING ORIGIN $4.75MSouth Korea
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $255M in Engine Parts, making it the 32nd largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 60th most exported product in South Africa. The main destination of Engine Parts exports from South Africa are: Germany ($92.7M), United States ($77.3M), Argentina ($20.3M), Namibia ($7.18M), and Zimbabwe ($4.97M).

The fastest growing export markets for Engine Parts of South Africa between 2021 and 2022 were Netherlands ($3.84M), United States ($3.12M), and Angola ($1.82M).

Imports In 2022, South Africa imported $330M in Engine Parts, becoming the 32nd largest importer of Engine Parts in the world. At the same year, Engine Parts was the 62nd most imported product in South Africa. South Africa imports Engine Parts primarily from: Germany ($126M), China ($58.1M), United States ($28.5M), United Kingdom ($26.5M), and Japan ($16.3M).

The fastest growing import markets in Engine Parts for South Africa between 2021 and 2022 were South Korea ($4.75M), United States ($3.73M), and India ($2.44M).

COMPANIES In 2023, leading companies such as Rolls-Royce (2) were at the forefront of shipping Engine Parts from South Africa to the United States.

Latest Trends

October 2024

About

Overview In October 2024 South Africa's Engine Parts exports accounted up to ZAR325M and imports accounted up to ZAR350M, resulting in a negative trade balance of ZAR24.4M. Between October 2023 and October 2024 the exports of South Africa's   Engine Parts have increased by ZAR5.68M (1.78%) from ZAR319M to ZAR325M, while imports increased by ZAR74.2M (26.9%) from ZAR275M to ZAR350M.

Destinations In October 2024, Engine Parts were exported mostly to Germany (ZAR129M), United States (ZAR91.1M), Canada (ZAR23.8M), Netherlands (ZAR17.7M), and South Korea (ZAR10.7M), and were imported mostly from China (ZAR107M), Germany (ZAR42.4M), United States (ZAR40M), Japan (ZAR29.5M), and India (ZAR17.7M).

Growth In October 2024, the increase in Engine Parts's year-by-year exports was explained primarily by an increase in exports to Germany (ZAR15.7M or 97.6%), South Korea (ZAR7.74M or 200%), and Democratic Republic of the Congo (ZAR4.52M or 1.02k%). In October 2024, the increase in Engine Parts's year-by-year imports was explained primarily by an increase in imports from China (ZAR12.9M or 18.3%), Germany (ZAR11.7M or 30.9%), and Mexico (ZAR8.48M or 641%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)ZAR5.68M(1.78%)
IMPORT GROWTH (October 2023 - October 2024)ZAR74.2M(26.9%)
MAIN EXPORTER (October 2024)Cape TownZAR325M
MAIN DESTINATION (October 2024)GermanyZAR129M

This section shows Engine Parts'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 Engine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$255M
IMPORTS (2022)$330M
NET TRADE (2022)-$74.5M

In 2022, South Africa exported $255M in Engine Parts. The main destinations of South Africa exports on Engine Parts were Germany ($92.7M), United States ($77.3M), Argentina ($20.3M), Namibia ($7.18M), and Zimbabwe ($4.97M).

In 2022, South Africa imported $330M in Engine Parts, mainly from Germany ($126M), China ($58.1M), United States ($28.5M), United Kingdom ($26.5M), and Japan ($16.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Netherlands$3.84M (845%)
United States$3.12M (4.21%)
Angola$1.82M (152%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY South Africa WERE (2021 - 2022):
Thailand-$37M (-94.3%)
Germany-$6.44M (-6.49%)
China-$4.31M (-98.1%)
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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 Engine Parts were:
Germany $13B
China $7.96B
Japan $6.08B
In 2022, South Africa's main importing competitors in Engine Parts were:
United States $13.5B
Germany $5.9B
Mexico $3.67B

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Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $40.9M
TOP IMPORT POTENTIALChina+ $21.9M

Engine Parts’s highest export potential is United States. With an export gap of $40.9M.   Engine Parts’s highest import potential is China with an import gap of $21.9M.

See methodology.

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