2022
Exports | Imports
$4.8B | $107kWorld Rnk 4 / 128
Flag Rnk 6 / 1213
World Rnk 78 / 130
Flag Rnk 1150 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.033Rnk 61 / 124
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.81Rnk 979 / 1025

About

Exports In 2022, South Africa exported $4.8B in Iron Ore, making it the 4th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 6th most exported product in South Africa. The main destination of Iron Ore exports from South Africa are: China ($1.36B), Netherlands ($993M), South Korea ($531M), Mozambique ($491M), and Germany ($416M).

The fastest growing export markets for Iron Ore of South Africa between 2021 and 2022 were Serbia ($34.8M), Romania ($32.6M), and Kenya ($31.8M).

Imports In 2022, South Africa imported $107k in Iron Ore, becoming the 78th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1150th most imported product in South Africa. South Africa imports Iron Ore primarily from: Namibia ($50.2k), Botswana ($10.8k), Australia ($10.4k), United States ($8k), and Netherlands ($6.66k).

The fastest growing import markets in Iron Ore for South Africa between 2021 and 2022 were Namibia ($24.4k), Australia ($10k), and Netherlands ($6.6k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Iron Ore from South Africa to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)ZAR3.17B(36.5%)
IMPORT GROWTH (January 2023 - January 2024)ZAR-62.3k(-66%)
MAIN EXPORTER (January 2024)Saldanha BayZAR9.79B
MAIN DESTINATION (January 2024)ChinaZAR4.45B

This section shows Iron Ore'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 Iron Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.8B
IMPORTS (2022)$107k
NET TRADE (2022)$4.8B

In 2022, South Africa exported $4.8B in Iron Ore. The main destinations of South Africa exports on Iron Ore were China ($1.36B), Netherlands ($993M), South Korea ($531M), Mozambique ($491M), and Germany ($416M).

In 2022, South Africa imported $107k in Iron Ore, mainly from Namibia ($50.2k), Botswana ($10.8k), Australia ($10.4k), United States ($8k), and Netherlands ($6.66k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Serbia$34.8M (73.5%)
Romania$32.6M (68.5%)
Kenya$31.8M (344k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY South Africa WERE (2021 - 2022):
China-$764M (-36%)
Mozambique-$404M (-45.1%)
Vietnam-$266M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, South Africa's main importing competitors in Iron Ore were:

Explore Visualizations

Trade Value of Iron Ore by Exporters

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