2022
Exports
$843kWorld Rnk 42 / 120
Flag Rnk 937 / 1213
2022
PRODUCT COMPLEXITY IN Knitting Machines
1.1Rnk 135 / 1025
2022
Imports
$12MWorld Rnk 40 / 191
Flag Rnk 616 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $843k in Knitting Machines, making it the 42nd largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 937th most exported product in South Africa. The main destination of Knitting Machines exports from South Africa are: Zimbabwe ($176k), Italy ($173k), Germany ($77.1k), Bangladesh ($74.2k), and Zambia ($65.4k).

The fastest growing export markets for Knitting Machines of South Africa between 2021 and 2022 were Italy ($138k), Zimbabwe ($123k), and Bangladesh ($74.2k).

Imports In 2022, South Africa imported $12M in Knitting Machines, becoming the 40th largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 616th most imported product in South Africa. South Africa imports Knitting Machines primarily from: China ($4.29M), Germany ($1.83M), Italy ($1.54M), United States ($1.27M), and Chinese Taipei ($1.15M).

The fastest growing import markets in Knitting Machines for South Africa between 2021 and 2022 were United States ($1.27M), United Kingdom ($664k), and Chinese Taipei ($641k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-1.07M(-89.7%)
IMPORT GROWTH (June 2023 - June 2024)ZAR9.99M(96.9%)
MAIN EXPORTER (June 2024)OshoekZAR805k
MAIN DESTINATION (June 2024)United StatesZAR106k

This section shows Knitting Machines'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 Knitting Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$843k
IMPORTS (2022)$12M
NET TRADE (2022)-$11.1M

In 2022, South Africa exported $843k in Knitting Machines. The main destinations of South Africa exports on Knitting Machines were Zimbabwe ($176k), Italy ($173k), Germany ($77.1k), Bangladesh ($74.2k), and Zambia ($65.4k).

In 2022, South Africa imported $12M in Knitting Machines, mainly from China ($4.29M), Germany ($1.83M), Italy ($1.54M), United States ($1.27M), and Chinese Taipei ($1.15M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machines EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Italy$138k (386%)
Zimbabwe$123k (235%)
Bangladesh$74.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machines BY South Africa WERE (2021 - 2022):
India-$110k (-96.6%)
Nigeria-$55.2k (-86%)
Canada-$38.2k (-98.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Knitting Machines were:
China $1.28B
Japan $411M
In 2022, South Africa's main importing competitors in Knitting Machines were:

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Trade Value of Knitting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $62.2k
TOP IMPORT POTENTIALChina+ $1.07M

Knitting Machines’s highest export potential is Italy. With an export gap of $62.2k.   Knitting Machines’s highest import potential is China with an import gap of $1.07M.

See methodology.

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