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2022
Exports $34.5MWorld Rnk 32 / 141
Flag Rnk 306 / 1213
2022
Destination $5.73M Netherlands
2021 - 2022
FASTEST GROWING MARKET $5.73MNetherlands
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils-0.34Rnk 660 / 1025
2022
Imports $2.5MWorld Rnk 63 / 186
Flag Rnk 893 / 1213
2022
Origin $307k Belgium
2021 - 2022
FASTEST GROWING ORIGIN $307kIndia
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $34.5M in Inedible Fats and Oils, making it the 32nd largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 306th most exported product in South Africa. The main destination of Inedible Fats and Oils exports from South Africa are: Netherlands ($29.7M), United Kingdom ($1.84M), Austria ($1.23M), Czechia ($1.06M), and Belgium ($209k).

The fastest growing export markets for Inedible Fats and Oils of South Africa between 2021 and 2022 were Netherlands ($5.73M), Austria ($1.23M), and Czechia ($885k).

Imports In 2022, South Africa imported $2.5M in Inedible Fats and Oils, becoming the 63rd largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 893rd most imported product in South Africa. South Africa imports Inedible Fats and Oils primarily from: Belgium ($605k), Turkey ($550k), India ($379k), United States ($363k), and China ($132k).

The fastest growing import markets in Inedible Fats and Oils for South Africa between 2021 and 2022 were India ($307k), Eswatini ($13.4k), and France ($7.96k).

Latest Trends

October 2024

About

Overview In October 2024 South Africa's Inedible Fats and Oils exports accounted up to ZAR50.6M and imports accounted up to ZAR7.89M, resulting in a positive trade balance of ZAR42.7M. Between October 2023 and October 2024 the exports of South Africa's   Inedible Fats and Oils have increased by ZAR10.5M (26.2%) from ZAR40.1M to ZAR50.6M, while imports decreased by ZAR-133k (-1.66%) from ZAR8.02M to ZAR7.89M.

Destinations In October 2024, Inedible Fats and Oils were exported mostly to Netherlands (ZAR42.3M), United Kingdom (ZAR3.84M), Ireland (ZAR1.91M), Malawi (ZAR1.1M), and Spain (ZAR719k), and were imported mostly from Turkey (ZAR3.06M), United States (ZAR2.51M), Belgium (ZAR1.77M), Botswana (ZAR290k), and China (ZAR95.9k).

Growth In October 2024, the increase in Inedible Fats and Oils's year-by-year exports was explained primarily by an increase in exports to Netherlands (ZAR4.37M or 11.6%) and United Kingdom (ZAR66.8k or 3.51%). In October 2024, the decrease in Inedible Fats and Oils's year-by-year imports was explained primarily by a decrease in imports from Belgium (ZAR-1.12M or -70.1%), Unclassified (ZAR-282k or -97.2%), and United Kingdom (ZAR-12.1k or -76.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)ZAR10.5M(26.2%)
IMPORT GROWTH (October 2023 - October 2024)ZAR-133k(-1.66%)
MAIN EXPORTER (October 2024)DurbanZAR75.8M
MAIN DESTINATION (October 2024)NetherlandsZAR42.3M

This section shows Inedible Fats and Oils'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 Inedible Fats and Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$34.5M
IMPORTS (2022)$2.5M
NET TRADE (2022)$32M

In 2022, South Africa exported $34.5M in Inedible Fats and Oils. The main destinations of South Africa exports on Inedible Fats and Oils were Netherlands ($29.7M), United Kingdom ($1.84M), Austria ($1.23M), Czechia ($1.06M), and Belgium ($209k).

In 2022, South Africa imported $2.5M in Inedible Fats and Oils, mainly from Belgium ($605k), Turkey ($550k), India ($379k), United States ($363k), and China ($132k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Netherlands$5.73M (23.9%)
Austria$1.23M (1%)
Czechia$885k (505%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY South Africa WERE (2021 - 2022):
Canada-$76.2k (-100%)
Mozambique-$74.7k (-95.5%)
Botswana-$61.2k (-55.6%)
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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 Inedible Fats and Oils were:
China $2.4B
Netherlands $1.68B
Malaysia $942M
In 2022, South Africa's main importing competitors in Inedible Fats and Oils were:
Netherlands $2.47B
Singapore $1.19B
Spain $1.03B

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.22M
TOP IMPORT POTENTIALChina+ $296k

Inedible Fats and Oils’s highest export potential is United Kingdom. With an export gap of $1.22M.   Inedible Fats and Oils’s highest import potential is China with an import gap of $296k.

See methodology.

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