2022
Exports
$4.4BWorld Rnk 2 / 129
Flag Rnk 7 / 1213
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$202MWorld Rnk 32 / 172
Flag Rnk 119 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $4.4B in Ferroalloys, making it the 2nd largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 7th most exported product in South Africa. The main destination of Ferroalloys exports from South Africa are: China ($1.3B), Mozambique ($1.01B), United States ($456M), Indonesia ($376M), and Netherlands ($232M).

The fastest growing export markets for Ferroalloys of South Africa between 2021 and 2022 were Mozambique ($770M), China ($249M), and Netherlands ($105M).

Imports In 2022, South Africa imported $202M in Ferroalloys, becoming the 32nd largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 119th most imported product in South Africa. South Africa imports Ferroalloys primarily from: Brazil ($49.4M), Zambia ($26M), New Caledonia ($25.8M), North Macedonia ($15.8M), and China ($15.2M).

The fastest growing import markets in Ferroalloys for South Africa between 2021 and 2022 were North Macedonia ($13.3M), China ($9.41M), and Zambia ($5.58M).

COMPANIES In 2023, leading companies such as Loblaws Supermarkets (19) were at the forefront of shipping Ferroalloys from South Africa to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR-931M(-13.3%)
IMPORT GROWTH (August 2023 - August 2024)ZAR24.5M(12.3%)
MAIN EXPORTER (August 2024)KomatipoortZAR4.99B
MAIN DESTINATION (August 2024)MozambiqueZAR2.25B

This section shows Ferroalloys'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 Ferroalloys over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.4B
IMPORTS (2022)$202M
NET TRADE (2022)$4.2B

In 2022, South Africa exported $4.4B in Ferroalloys. The main destinations of South Africa exports on Ferroalloys were China ($1.3B), Mozambique ($1.01B), United States ($456M), Indonesia ($376M), and Netherlands ($232M).

In 2022, South Africa imported $202M in Ferroalloys, mainly from Brazil ($49.4M), Zambia ($26M), New Caledonia ($25.8M), North Macedonia ($15.8M), and China ($15.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Mozambique$770M (316%)
China$249M (23.5%)
Netherlands$105M (81.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY South Africa WERE (2021 - 2022):
United Arab Emirates-$444M (-72.6%)
Indonesia-$170M (-31.1%)
Belgium-$168M (-78.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $237M
TOP IMPORT POTENTIALIndia+ $7.48M

Ferroalloys’s highest export potential is China. With an export gap of $237M.   Ferroalloys’s highest import potential is India with an import gap of $7.48M.

See methodology.

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