Insulated Wire in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $257M in Insulated Wire, making it the 58th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 59th most exported product in South Africa. The main destination of Insulated Wire exports from South Africa are: Democratic Republic of the Congo ($51.9M), Botswana ($45.8M), Namibia ($18.6M), Zimbabwe ($17.7M), and Zambia ($17M).

The fastest growing export markets for Insulated Wire of South Africa between 2021 and 2022 were Democratic Republic of the Congo ($9.28M), Australia ($6.07M), and Zimbabwe ($3.77M).

Imports In 2022, South Africa imported $542M in Insulated Wire, becoming the 49th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 34th most imported product in South Africa. South Africa imports Insulated Wire primarily from: Botswana ($141M), China ($123M), Germany ($41.8M), Italy ($36.5M), and Thailand ($31.7M).

The fastest growing import markets in Insulated Wire for South Africa between 2021 and 2022 were Botswana ($36.7M), Italy ($12.1M), and China ($10.4M).

Latest Trends

February 2024

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Overview In February 2024 South Africa's Insulated Wire exports accounted up to ZAR295M and imports accounted up to ZAR904M, resulting in a negative trade balance of ZAR609M. Between February 2023 and February 2024 the exports of South Africa's Insulated Wire have increased by ZAR31.3M (11.8%) from ZAR264M to ZAR295M, while imports increased by ZAR187M (26.1%) from ZAR717M to ZAR904M.

Destinations In February 2024, Insulated Wire were exported mostly to Botswana (ZAR85.6M), Namibia (ZAR25.6M), Mozambique (ZAR24.8M), Australia (ZAR22M), and Canada (ZAR21.8M), and were imported mostly from Botswana (ZAR325M), China (ZAR228M), Portugal (ZAR53.6M), Italy (ZAR36.7M), and United States (ZAR26M).

Growth In February 2024, the increase in Insulated Wire's year-by-year exports was explained primarily by an increase in exports to Mauritius (ZAR25.8M or 3.6k%), Botswana (ZAR12.7M or 31.1%), and Mozambique (ZAR4.21M or 90.1%). In February 2024, the increase in Insulated Wire's year-by-year imports was explained primarily by an increase in imports from Botswana (ZAR146M or 223%), Italy (ZAR70.5M or 216%), and China (ZAR37.9M or 23.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)ZAR31.3M(11.8%)

IMPORT GROWTH (February 2023 - February 2024)ZAR187M(26.1%)

MAIN EXPORTER (February 2024)KopfonteinZAR70.6M

MAIN DESTINATION (February 2024)BotswanaZAR85.6M

This section shows Insulated Wire'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 Insulated Wire over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$257M

IMPORTS (2022)$542M

NET TRADE (2022)-$284M

In 2022, South Africa exported $257M in Insulated Wire. The main destinations of South Africa exports on Insulated Wire were Democratic Republic of the Congo ($51.9M), Botswana ($45.8M), Namibia ($18.6M), Zimbabwe ($17.7M), and Zambia ($17M).

In 2022, South Africa imported $542M in Insulated Wire, mainly from Botswana ($141M), China ($123M), Germany ($41.8M), Italy ($36.5M), and Thailand ($31.7M).

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