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2022
Exports $11.9MWorld Rnk 26 / 105
Flag Rnk 498 / 1213
2022
Destination $858k United States
2021 - 2022
FASTEST GROWING MARKET $858kSouth Korea
2022
PRODUCT COMPLEXITY IN Iron Powder0.78Rnk 252 / 1025
2022
Imports $7.85MWorld Rnk 41 / 176
Flag Rnk 696 / 1213
2022
Origin $429k France
2021 - 2022
FASTEST GROWING ORIGIN $429kSpain
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $11.9M in Iron Powder, making it the 26th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 498th most exported product in South Africa. The main destination of Iron Powder exports from South Africa are: United States ($3.55M), South Korea ($2.66M), Germany ($2.28M), Spain ($639k), and India ($549k).

The fastest growing export markets for Iron Powder of South Africa between 2021 and 2022 were South Korea ($858k), Germany ($706k), and Spain ($455k).

Imports In 2022, South Africa imported $7.85M in Iron Powder, becoming the 41st largest importer of Iron Powder in the world. At the same year, Iron Powder was the 696th most imported product in South Africa. South Africa imports Iron Powder primarily from: France ($2.4M), China ($1.54M), Sweden ($1.01M), India ($631k), and Spain ($599k).

The fastest growing import markets in Iron Powder for South Africa between 2021 and 2022 were Spain ($429k), Canada ($335k), and India ($333k).

Latest Trends

September 2024

About

Overview In September 2024 South Africa's Iron Powder exports accounted up to ZAR11.6M and imports accounted up to ZAR13.6M, resulting in a negative trade balance of ZAR2.03M. Between September 2023 and September 2024 the exports of South Africa's   Iron Powder have increased by ZAR3.39M (41.2%) from ZAR8.21M to ZAR11.6M, while imports increased by ZAR4.52M (49.7%) from ZAR9.11M to ZAR13.6M.

Destinations In September 2024, Iron Powder were exported mostly to Germany (ZAR4.03M), United States (ZAR3.85M), South Korea (ZAR2.04M), Brazil (ZAR894k), and Mozambique (ZAR339k), and were imported mostly from Japan (ZAR4M), China (ZAR3.32M), Thailand (ZAR2.7M), Sweden (ZAR1.39M), and Brazil (ZAR911k).

Growth In September 2024, the increase in Iron Powder's year-by-year exports was explained primarily by an increase in exports to Germany (ZAR3.02M or 511%), United States (ZAR1.2M or 175%), and Botswana (ZAR534k or 1.52k%). In September 2024, the increase in Iron Powder's year-by-year imports was explained primarily by an increase in imports from France (ZAR2.24M or 194%), Spain (ZAR2.19M or 723%), and Belgium (ZAR115k or 147%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)ZAR3.39M(41.2%)
IMPORT GROWTH (September 2023 - September 2024)ZAR4.52M(49.7%)
MAIN EXPORTER (September 2024)JohannesburgZAR21.8M
MAIN DESTINATION (September 2024)GermanyZAR4.03M

This section shows Iron Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.9M
IMPORTS (2022)$7.85M
NET TRADE (2022)$4.06M

In 2022, South Africa exported $11.9M in Iron Powder. The main destinations of South Africa exports on Iron Powder were United States ($3.55M), South Korea ($2.66M), Germany ($2.28M), Spain ($639k), and India ($549k).

In 2022, South Africa imported $7.85M in Iron Powder, mainly from France ($2.4M), China ($1.54M), Sweden ($1.01M), India ($631k), and Spain ($599k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
South Korea$858k (47.4%)
Germany$706k (44.9%)
Spain$455k (248%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY South Africa WERE (2021 - 2022):
United States-$1.26M (-26.3%)
Belgium-$426k (-100%)
Cameroon-$125k (-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 Iron Powder were:
Sweden $492M
Germany $267M
Japan $257M
In 2022, South Africa's main importing competitors in Iron Powder were:
United States $313M
Germany $312M
China $296M

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.27M
TOP IMPORT POTENTIALIndia+ $419k

Iron Powder’s highest export potential is United States. With an export gap of $1.27M.   Iron Powder’s highest import potential is India with an import gap of $419k.

See methodology.

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