LCDs in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $68.4M in LCDs, making it the 26th largest exporter of LCDs in the world. At the same year, LCDs was the 191st most exported product in South Africa. The main destination of LCDs exports from South Africa are: Turkey ($59.5M), Germany ($5.77M), United States ($450k), Namibia ($313k), and Switzerland ($291k).

The fastest growing export markets for LCDs of South Africa between 2021 and 2022 were Turkey ($51.7M), Germany ($2.83M), and Democratic Republic of the Congo ($184k).

Imports In 2022, South Africa imported $34.1M in LCDs, becoming the 43rd largest importer of LCDs in the world. At the same year, LCDs was the 388th most imported product in South Africa. South Africa imports LCDs primarily from: China ($8.75M), Germany ($6.35M), United States ($6.08M), Romania ($2.71M), and United Kingdom ($1.44M).

The fastest growing import markets in LCDs for South Africa between 2021 and 2022 were Belgium ($1.17M), United Kingdom ($702k), and Philippines ($553k).

Latest Trends

October 2024

About

Overview In October 2024 South Africa's LCDs exports accounted up to ZAR2.96M and imports accounted up to ZAR35.8M, resulting in a negative trade balance of ZAR32.9M. Between October 2023 and October 2024 the exports of South Africa's LCDs have decreased by ZAR-20.2M (-87.2%) from ZAR23.1M to ZAR2.96M, while imports decreased by ZAR-19M (-34.7%) from ZAR54.9M to ZAR35.8M.

Destinations In October 2024, LCDs were exported mostly to Namibia (ZAR901k), Italy (ZAR786k), Switzerland (ZAR517k), Botswana (ZAR233k), and United States (ZAR181k), and were imported mostly from China (ZAR9.63M), United States (ZAR7.08M), Estonia (ZAR4.21M), Japan (ZAR3.15M), and Philippines (ZAR2.8M).

Growth In October 2024, the decrease in LCDs's year-by-year exports was explained primarily by a decrease in exports to United States (ZAR-127k or -99.7%) and Namibia (ZAR-43.9k or -62.8%). In October 2024, the decrease in LCDs's year-by-year imports was explained primarily by a decrease in imports from China (ZAR-3.21M or -35.6%), United Kingdom (ZAR-518k or -40%), and South Korea (ZAR-211k or -29%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)ZAR-20.2M(-87.2%)

IMPORT GROWTH (October 2023 - October 2024)ZAR-19M(-34.7%)

MAIN EXPORTER (October 2024)O.r. Tambo Int AirportZAR19.9M

MAIN DESTINATION (October 2024)NamibiaZAR901k

This section shows LCDs'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 LCDs over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$68.4M

IMPORTS (2022)$34.1M

NET TRADE (2022)$34.3M

In 2022, South Africa exported $68.4M in LCDs. The main destinations of South Africa exports on LCDs were Turkey ($59.5M), Germany ($5.77M), United States ($450k), Namibia ($313k), and Switzerland ($291k).

In 2022, South Africa imported $34.1M in LCDs, mainly from China ($8.75M), Germany ($6.35M), United States ($6.08M), Romania ($2.71M), and United Kingdom ($1.44M).

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