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2022
Exports $5.01MWorld Rnk 44 / 188
Flag Rnk 654 / 1213
2022
Destination $131k United States
2021 - 2022
FASTEST GROWING MARKET $131kTurkey
2022
PRODUCT COMPLEXITY IN Hand-Woven Rugs-0.91Rnk 811 / 1025
2022
Imports $22.2MWorld Rnk 44 / 217
Flag Rnk 482 / 1213
2022
Origin $561kN/A
2021 - 2022
FASTEST GROWING ORIGIN $561kIndia
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $5.01M in Hand-Woven Rugs, making it the 44th largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 654th most exported product in South Africa. The main destination of Hand-Woven Rugs exports from South Africa are: United States ($1.03M), Namibia ($710k), Finland ($669k), Botswana ($507k), and Germany ($489k).

The fastest growing export markets for Hand-Woven Rugs of South Africa between 2021 and 2022 were Turkey ($131k), Democratic Republic of the Congo ($86.3k), and Tanzania ($77.5k).

Imports In 2022, South Africa imported $22.2M in Hand-Woven Rugs, becoming the 44th largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 482nd most imported product in South Africa. South Africa imports Hand-Woven Rugs primarily from: N/A.

The fastest growing import markets in Hand-Woven Rugs for South Africa between 2021 and 2022 were India ($561k), Egypt ($415k), and Netherlands ($219k).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Hand-Woven Rugs exports accounted up to ZAR4.67M and imports accounted up to ZAR33.3M, resulting in a negative trade balance of ZAR28.6M. Between August 2023 and August 2024 the exports of South Africa's   Hand-Woven Rugs have decreased by ZAR-8.96M (-65.7%) from ZAR13.6M to ZAR4.67M, while imports increased by ZAR6.28M (23.3%) from ZAR27M to ZAR33.3M.

Destinations In August 2024, Hand-Woven Rugs were exported mostly to Tanzania (ZAR839k), Botswana (ZAR695k), Namibia (ZAR551k), Lesotho (ZAR516k), and United States (ZAR429k), and were imported mostly from India (ZAR11.7M), Belgium (ZAR9.62M), China (ZAR5.55M), Turkey (ZAR5.03M), and Iran (ZAR591k).

Growth In August 2024, the decrease in Hand-Woven Rugs's year-by-year exports was explained primarily by a decrease in exports to Namibia (ZAR-188k or -54.3%), Zimbabwe (ZAR-136k or -78.2%), and Eswatini (ZAR-40k or -63.8%). In August 2024, the increase in Hand-Woven Rugs's year-by-year imports was explained primarily by an increase in imports from India (ZAR2.73M or 31%), Belgium (ZAR2.42M or 71.1%), and Egypt (ZAR805k or 73.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR-8.96M(-65.7%)
IMPORT GROWTH (August 2023 - August 2024)ZAR6.28M(23.3%)
MAIN EXPORTER (August 2024)DurbanZAR15.9M
MAIN DESTINATION (August 2024)TanzaniaZAR839k

This section shows Hand-Woven Rugs'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 Hand-Woven Rugs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.01M
IMPORTS (2022)$22.2M
NET TRADE (2022)-$17.2M

In 2022, South Africa exported $5.01M in Hand-Woven Rugs. The main destinations of South Africa exports on Hand-Woven Rugs were United States ($1.03M), Namibia ($710k), Finland ($669k), Botswana ($507k), and Germany ($489k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Rugs EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Turkey$131k (604%)
Democratic Republic of the Congo$86.3k (289%)
Tanzania$77.5k (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Rugs BY South Africa WERE (2021 - 2022):
United States-$1.54M (-59.9%)
Germany-$491k (-50.1%)
Hong Kong-$461k (-100%)
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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 Hand-Woven Rugs were:
Turkey $2.34B
India $785M
China $584M
In 2022, South Africa's main importing competitors in Hand-Woven Rugs were:
United States $1.61B
Germany $392M
Saudi Arabia $218M

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Trade Value of Hand-Woven Rugs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.11M
TOP IMPORT POTENTIALIndia+ $2.23M

Hand-Woven Rugs’s highest export potential is United States. With an export gap of $1.11M.   Hand-Woven Rugs’s highest import potential is India with an import gap of $2.23M.

See methodology.

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