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2022
Exports $1.22MWorld Rnk 21 / 91
Flag Rnk 881 / 1213
2022
Destination $200k Angola
2021 - 2022
FASTEST GROWING MARKET $200kTurkey
2022
Imports $6.91MWorld Rnk 13 / 178
Flag Rnk 722 / 1213
2022
Origin $1.13M India
2021 - 2022
FASTEST GROWING ORIGIN $1.13MIndia
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $1.22M in Lake Pigments, making it the 21st largest exporter of Lake Pigments in the world. At the same year, Lake Pigments was the 881st most exported product in South Africa. The main destination of Lake Pigments exports from South Africa are: Angola ($793k), Turkey ($200k), Bangladesh ($76.8k), Australia ($50k), and United Kingdom ($19.3k).

The fastest growing export markets for Lake Pigments of South Africa between 2021 and 2022 were Turkey ($200k), Angola ($100k), and Bangladesh ($76.7k).

Imports In 2022, South Africa imported $6.91M in Lake Pigments, becoming the 13th largest importer of Lake Pigments in the world. At the same year, Lake Pigments was the 722nd most imported product in South Africa. South Africa imports Lake Pigments primarily from: India ($5.8M), United Kingdom ($454k), Netherlands ($291k), Mexico ($118k), and United States ($102k).

The fastest growing import markets in Lake Pigments for South Africa between 2021 and 2022 were India ($1.13M), Netherlands ($151k), and Mexico ($76.9k).

Latest Trends

October 2024

About

Overview In October 2024 South Africa's Lake Pigments exports accounted up to ZAR1.19M and imports accounted up to ZAR14.6M, resulting in a negative trade balance of ZAR13.4M. Between October 2023 and October 2024 the exports of South Africa's   Lake Pigments have decreased by ZAR-417k (-26%) from ZAR1.6M to ZAR1.19M, while imports increased by ZAR5.86M (66.8%) from ZAR8.77M to ZAR14.6M.

Destinations In October 2024, Lake Pigments were exported mostly to Angola (ZAR1.15M), Eswatini (ZAR24.8k), Zimbabwe (ZAR6.31k), and Lesotho (ZAR1.58k), and were imported mostly from India (ZAR13.3M), Mexico (ZAR1.12M), United Kingdom (ZAR121k), United States (ZAR88.8k), and France (ZAR20.6k).

Growth In October 2024, the decrease in Lake Pigments's year-by-year exports was explained primarily by a decrease in exports to Germany (ZAR-6.85k or -45.7%). In October 2024, the increase in Lake Pigments's year-by-year imports was explained primarily by an increase in imports from India (ZAR1.2M or 21.5%), United Kingdom (ZAR821k or 191%), and United States (ZAR277k or 7.8k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)ZAR-417k(-26%)
IMPORT GROWTH (October 2023 - October 2024)ZAR5.86M(66.8%)
MAIN EXPORTER (October 2024)OshoekZAR2.96M
MAIN DESTINATION (October 2024)AngolaZAR1.15M

This section shows Lake Pigments'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 Lake Pigments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.22M
IMPORTS (2022)$6.91M
NET TRADE (2022)-$5.68M

In 2022, South Africa exported $1.22M in Lake Pigments. The main destinations of South Africa exports on Lake Pigments were Angola ($793k), Turkey ($200k), Bangladesh ($76.8k), Australia ($50k), and United Kingdom ($19.3k).

In 2022, South Africa imported $6.91M in Lake Pigments, mainly from India ($5.8M), United Kingdom ($454k), Netherlands ($291k), Mexico ($118k), and United States ($102k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lake Pigments EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Turkey$200k (1%)
Angola$100k (14.5%)
Bangladesh$76.7k (192k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lake Pigments BY South Africa WERE (2021 - 2022):
Nigeria-$28.1k (-66.9%)
United States-$11.5k (-100%)
Philippines-$8.88k (-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 Lake Pigments were:
Peru $73.3M
India $68.4M
United States $42M
In 2022, South Africa's main importing competitors in Lake Pigments were:
United States $29.2M
Mexico $19.8M
Bangladesh $19.4M

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Trade Value of Lake Pigments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBangladesh+ $32.2k
TOP IMPORT POTENTIALUnited States+ $98.5k

Lake Pigments’s highest export potential is Bangladesh. With an export gap of $32.2k.   Lake Pigments’s highest import potential is United States with an import gap of $98.5k.

See methodology.

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