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2023
Exports $534kWorld Rnk 25 / 108
Flag Rnk 990 / 1214
2023
Destination $405k Italy
2022 - 2023
FASTEST GROWING MARKET $405kItaly
2023
PRODUCT COMPLEXITY IN Ground Nut Oil-2.11Rnk 1006 / 1025
2023
Imports $479kWorld Rnk 30 / 183
Flag Rnk 1057 / 1211
2023
Origin $138k India
2022 - 2023
FASTEST GROWING ORIGIN $138kIndia
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $534k in Ground Nut Oil, making it the 25th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 990th most exported product in South Africa. The main destination of Ground Nut Oil exports from South Africa are: Italy ($405k), Namibia ($50.1k), Angola ($25.3k), Botswana ($22.1k), and Lesotho ($10.9k).

The fastest growing export markets for Ground Nut Oil of South Africa between 2022 and 2023 were Italy ($405k), Namibia ($47.4k), and Angola ($25.3k).

Imports In 2023, South Africa imported $479k in Ground Nut Oil, becoming the 30th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1057th most imported product in South Africa. South Africa imports Ground Nut Oil primarily from: India ($423k), United Kingdom ($30.1k), Belgium ($6.85k), Germany ($6.75k), and United States ($4.27k).

The fastest growing import markets in Ground Nut Oil for South Africa between 2022 and 2023 were India ($138k), United States ($3.88k), and Chinese Taipei ($2.08k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Ground Nut Oil exports accounted up to ZAR1.27M and imports accounted up to ZAR4.45k, resulting in a positive trade balance of ZAR1.26M. Between November 2023 and November 2024 the exports of South Africa's   Ground Nut Oil have increased by ZAR168k (15.3%) from ZAR1.1M to ZAR1.27M, while imports decreased by ZAR-11.5k (-72.1%) from ZAR15.9k to ZAR4.45k.

Destinations In November 2024, Ground Nut Oil were exported mostly to United Kingdom (ZAR1.02M), Botswana (ZAR214k), Namibia (ZAR30.6k), Unclassified (ZAR1.6k), and Angola (ZAR255), and were imported mostly from United Kingdom (ZAR4.45k).

Growth In November 2024, the increase in Ground Nut Oil's year-by-year exports was explained primarily by an increase in exports to Namibia (ZAR22.4k or 908%). In November 2024, the decrease in Ground Nut Oil's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR168k(15.3%)
IMPORT GROWTH (October 2023 - November 2024)ZAR-11.5k(-72.1%)
MAIN EXPORTER (November 2024)Cape TownZAR1.02M
MAIN DESTINATION (November 2024)United KingdomZAR1.02M

This section shows Ground Nut Oil'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 Ground Nut Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$534k
IMPORTS (2023)$479k
NET TRADE (2023)$54k

In 2023, South Africa exported $534k in Ground Nut Oil. The main destinations of South Africa exports on Ground Nut Oil were Italy ($405k), Namibia ($50.1k), Angola ($25.3k), Botswana ($22.1k), and Lesotho ($10.9k).

In 2023, South Africa imported $479k in Ground Nut Oil, mainly from India ($423k), United Kingdom ($30.1k), Belgium ($6.85k), Germany ($6.75k), and United States ($4.27k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Italy$405k (1%)
Namibia$47.4k (1.8k%)
Angola$25.3k (632k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY South Africa WERE (2022 - 2023):
Botswana-$168k (-88.4%)
Zambia-$13.6k (-68.4%)
Singapore-$10.6k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Ground Nut Oil were:
India $229M
Brazil $192M
Argentina $103M
In 2023, South Africa's main importing competitors in Ground Nut Oil were:
China $446M
Italy $62.7M
United States $39.6M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $4.33k
TOP IMPORT POTENTIALIndia+ $115k

Ground Nut Oil’s highest export potential is Singapore. With an export gap of $4.33k.   Ground Nut Oil’s highest import potential is India with an import gap of $115k.

See methodology.

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