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2022
Exports $55.1MWorld Rnk 9 / 112
Flag Rnk 220 / 1213
2022
Destination $8.09M China
2021 - 2022
FASTEST GROWING MARKET $8.09MChina
2022
PRODUCT COMPLEXITY IN Forage Crops-0.89Rnk 805 / 1025
2022
Imports $767kWorld Rnk 76 / 171
Flag Rnk 1039 / 1213
2022
Origin $35.9k Namibia
2021 - 2022
FASTEST GROWING ORIGIN $35.9kUnited States
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $55.1M in Forage Crops, making it the 9th largest exporter of Forage Crops in the world. At the same year, Forage Crops was the 220th most exported product in South Africa. The main destination of Forage Crops exports from South Africa are: China ($29.7M), United Arab Emirates ($11.1M), Saudi Arabia ($7.15M), Lesotho ($2.61M), and Botswana ($1.82M).

The fastest growing export markets for Forage Crops of South Africa between 2021 and 2022 were China ($8.09M), Lesotho ($505k), and Malaysia ($141k).

Imports In 2022, South Africa imported $767k in Forage Crops, becoming the 76th largest importer of Forage Crops in the world. At the same year, Forage Crops was the 1039th most imported product in South Africa. South Africa imports Forage Crops primarily from: Namibia ($354k), Australia ($239k), United States ($77.2k), Chile ($34.8k), and United Kingdom ($31.5k).

The fastest growing import markets in Forage Crops for South Africa between 2021 and 2022 were United States ($35.9k), Chile ($34.8k), and Egypt ($4.17k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Forage Crops exports accounted up to ZAR38.4M and imports accounted up to ZAR559k, resulting in a positive trade balance of ZAR37.8M. Between June 2023 and June 2024 the exports of South Africa's   Forage Crops have decreased by ZAR-10.5M (-21.5%) from ZAR48.9M to ZAR38.4M, while imports increased by ZAR246k (78.8%) from ZAR313k to ZAR559k.

Destinations In June 2024, Forage Crops were exported mostly to United Arab Emirates (ZAR18.4M), Botswana (ZAR6.66M), Saudi Arabia (ZAR5.65M), Lesotho (ZAR2.86M), and China (ZAR2.82M), and were imported mostly from Mozambique (ZAR297k), Namibia (ZAR198k), United Kingdom (ZAR61.6k), Spain (ZAR3.01k), and Zimbabwe (ZAR122).

Growth In June 2024, the decrease in Forage Crops's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia (ZAR-7.42M or -24.2%), Namibia (ZAR-463k or -87.5%), and Mozambique (ZAR-124k or -93.1%). In June 2024, the increase in Forage Crops's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-10.5M(-21.5%)
IMPORT GROWTH (June 2023 - June 2024)ZAR246k(78.8%)
MAIN EXPORTER (June 2024)DurbanZAR93M
MAIN DESTINATION (June 2024)United Arab EmiratesZAR18.4M

This section shows Forage Crops'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 Forage Crops over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$55.1M
IMPORTS (2022)$767k
NET TRADE (2022)$54.3M

In 2022, South Africa exported $55.1M in Forage Crops. The main destinations of South Africa exports on Forage Crops were China ($29.7M), United Arab Emirates ($11.1M), Saudi Arabia ($7.15M), Lesotho ($2.61M), and Botswana ($1.82M).

In 2022, South Africa imported $767k in Forage Crops, mainly from Namibia ($354k), Australia ($239k), United States ($77.2k), Chile ($34.8k), and United Kingdom ($31.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forage Crops EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
China$8.09M (37.5%)
Lesotho$505k (24%)
Malaysia$141k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forage Crops BY South Africa WERE (2021 - 2022):
Saudi Arabia-$41.4M (-85.3%)
United Arab Emirates-$1.22M (-9.93%)
Kuwait-$1.21M (-47.5%)
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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 Forage Crops were:
United States $2.03B
Australia $555M
Spain $452M
In 2022, South Africa's main importing competitors in Forage Crops were:
China $993M
Japan $926M
United Arab Emirates $482M

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Trade Value of Forage Crops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.95M
TOP IMPORT POTENTIALAustralia+ $121k

Forage Crops’s highest export potential is China. With an export gap of $3.95M.   Forage Crops’s highest import potential is Australia with an import gap of $121k.

See methodology.

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