Ferroalloys in South Africa | The Observatory of Economic Complexity

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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 INC. (133) were at the forefront of shipping Ferroalloys from South Africa to the United States.

Latest Trends

January 2024

About

Overview In January 2024 South Africa's Ferroalloys exports accounted up to ZAR7.58B and imports accounted up to ZAR86M, resulting in a positive trade balance of ZAR7.49B. Between January 2023 and January 2024 the exports of South Africa's Ferroalloys have decreased by ZAR-827M (-9.83%) from ZAR8.4B to ZAR7.58B, while imports increased by ZAR13.2M (18.2%) from ZAR72.8M to ZAR86M.

Destinations In January 2024, Ferroalloys were exported mostly to China (ZAR2.8B), Mozambique (ZAR2.05B), Belgium (ZAR661M), Netherlands (ZAR432M), and Japan (ZAR426M), and were imported mostly from Zambia (ZAR24.3M), South Korea (ZAR13.7M), Germany (ZAR12.8M), China (ZAR12.4M), and India (ZAR10.3M).

Growth In January 2024, the decrease in Ferroalloys's year-by-year exports was explained primarily by a decrease in exports to Indonesia (ZAR-741M or -75.8%), United Arab Emirates (ZAR-462M or -56.4%), and Netherlands (ZAR-195M or -60.6%). In January 2024, the increase in Ferroalloys's year-by-year imports was explained primarily by an increase in imports from China (ZAR3.83M or 28.2%), Norway (ZAR3.76M or 91.5%), and Argentina (ZAR3.19M or 413%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)ZAR-827M(-9.83%)

IMPORT GROWTH (January 2023 - January 2024)ZAR13.2M(18.2%)

MAIN EXPORTER (January 2024)KomatipoortZAR4.99B

MAIN DESTINATION (January 2024)ChinaZAR2.8B

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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