Flat-Rolled Stainless Steel in South Africa | The Observatory of Economic Complexity

About

Exports In 2022, South Africa exported $38.8M in Flat-Rolled Stainless Steel, making it the 21st largest exporter of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 283rd most exported product in South Africa. The main destination of Flat-Rolled Stainless Steel exports from South Africa are: Netherlands ($10.3M), Zambia ($9.74M), Mexico ($2.69M), Brazil ($1.8M), and Germany ($1.71M).

The fastest growing export markets for Flat-Rolled Stainless Steel of South Africa between 2021 and 2022 were Zambia ($9.68M), Netherlands ($2.13M), and Canada ($935k).

Imports In 2022, South Africa imported $14.5M in Flat-Rolled Stainless Steel, becoming the 46th largest importer of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 576th most imported product in South Africa. South Africa imports Flat-Rolled Stainless Steel primarily from: China ($3.55M), Italy ($2.7M), Japan ($2.61M), South Korea ($1.48M), and Germany ($924k).

The fastest growing import markets in Flat-Rolled Stainless Steel for South Africa between 2021 and 2022 were Chinese Taipei ($319k), United States ($262k), and Thailand ($230k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Flat-Rolled Stainless Steel from South Africa to the United States.

Latest Trends

January 2024

About

Overview In January 2024 South Africa's Flat-Rolled Stainless Steel exports accounted up to ZAR18.9M and imports accounted up to ZAR30.4M, resulting in a negative trade balance of ZAR11.5M. Between January 2023 and January 2024 the exports of South Africa's Flat-Rolled Stainless Steel have decreased by ZAR-15.1M (-44.3%) from ZAR34M to ZAR18.9M, while imports increased by ZAR15.2M (100%) from ZAR15.2M to ZAR30.4M.

Destinations In January 2024, Flat-Rolled Stainless Steel were exported mostly to Mexico (ZAR7.03M), Poland (ZAR5.83M), Greece (ZAR1.75M), Zambia (ZAR1.43M), and Brazil (ZAR686k), and were imported mostly from Italy (ZAR10.7M), Japan (ZAR6.08M), China (ZAR5.94M), Barbados (ZAR1.85M), and Taiwan (ZAR1.83M).

Growth In January 2024, the decrease in Flat-Rolled Stainless Steel's year-by-year exports was explained primarily by a decrease in exports to Mexico (ZAR-7.07M or -81.5%), Spain (ZAR-444k or -32.1%), and Eswatini (ZAR-194k or -79.2%). In January 2024, the increase in Flat-Rolled Stainless Steel's year-by-year imports was explained primarily by an increase in imports from China (ZAR1.25M or 34.6%), Japan (ZAR1.23M or 50.5%), and Switzerland (ZAR1.02k or 4.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)ZAR-15.1M(-44.3%)

IMPORT GROWTH (January 2023 - January 2024)ZAR15.2M(100%)

MAIN EXPORTER (January 2024)DurbanZAR16.8M

MAIN DESTINATION (January 2024)MexicoZAR7.03M

This section shows Flat-Rolled Stainless Steel'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 Flat-Rolled Stainless Steel over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download