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2022
Exports $54.4MWorld Rnk 32 / 155
Flag Rnk 223 / 1213
2022
Destination $2.9M Namibia
2021 - 2022
FASTEST GROWING MARKET $2.9MZimbabwe
2022
PRODUCT COMPLEXITY IN Margarine-0.83Rnk 786 / 1025
2022
Imports $27.1MWorld Rnk 77 / 219
Flag Rnk 438 / 1213
2022
Origin $5.37M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $5.37MMalaysia
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $54.4M in Margarine, making it the 32nd largest exporter of Margarine in the world. At the same year, Margarine was the 223rd most exported product in South Africa. The main destination of Margarine exports from South Africa are: Namibia ($9.83M), Mozambique ($9.46M), Zambia ($7.49M), Zimbabwe ($7.14M), and Botswana ($4.54M).

The fastest growing export markets for Margarine of South Africa between 2021 and 2022 were Zimbabwe ($2.9M), Namibia ($2.5M), and Nigeria ($1.7M).

Imports In 2022, South Africa imported $27.1M in Margarine, becoming the 77th largest importer of Margarine in the world. At the same year, Margarine was the 438th most imported product in South Africa. South Africa imports Margarine primarily from: Malaysia ($10.4M), Indonesia ($5.5M), Singapore ($2.86M), Kenya ($1.78M), and Spain ($1.4M).

The fastest growing import markets in Margarine for South Africa between 2021 and 2022 were Malaysia ($5.37M), Spain ($437k), and Australia ($314k).

Latest Trends

October 2024

About

Overview In October 2024 South Africa's Margarine exports accounted up to ZAR78.9M and imports accounted up to ZAR38M, resulting in a positive trade balance of ZAR40.9M. Between October 2023 and October 2024 the exports of South Africa's   Margarine have increased by ZAR15.5M (24.4%) from ZAR63.5M to ZAR78.9M, while imports increased by ZAR11.6M (44.1%) from ZAR26.4M to ZAR38M.

Destinations In October 2024, Margarine were exported mostly to Zambia (ZAR15.7M), Namibia (ZAR12.6M), Mauritius (ZAR10.7M), Mozambique (ZAR9.87M), and Eswatini (ZAR6.56M), and were imported mostly from Malaysia (ZAR31.3M), China (ZAR1.72M), Spain (ZAR1.55M), Indonesia (ZAR1.28M), and Australia (ZAR629k).

Growth In October 2024, the increase in Margarine's year-by-year exports was explained primarily by an increase in exports to Zambia (ZAR6.35M or 175%), Namibia (ZAR4.94M or 163%), and Zimbabwe (ZAR4.68M or 144%). In October 2024, the increase in Margarine's year-by-year imports was explained primarily by an increase in imports from Kenya (ZAR1.8M or 413%), United States (ZAR594k or 33.6%), and Netherlands (ZAR280k or 32.7k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)ZAR15.5M(24.4%)
IMPORT GROWTH (October 2023 - October 2024)ZAR11.6M(44.1%)
MAIN EXPORTER (October 2024)KopfonteinZAR20.1M
MAIN DESTINATION (October 2024)ZambiaZAR15.7M

This section shows Margarine'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 Margarine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$54.4M
IMPORTS (2022)$27.1M
NET TRADE (2022)$27.3M

In 2022, South Africa exported $54.4M in Margarine. The main destinations of South Africa exports on Margarine were Namibia ($9.83M), Mozambique ($9.46M), Zambia ($7.49M), Zimbabwe ($7.14M), and Botswana ($4.54M).

In 2022, South Africa imported $27.1M in Margarine, mainly from Malaysia ($10.4M), Indonesia ($5.5M), Singapore ($2.86M), Kenya ($1.78M), and Spain ($1.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Zimbabwe$2.9M (68.5%)
Namibia$2.5M (34%)
Nigeria$1.7M (148k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY South Africa WERE (2021 - 2022):
Zambia-$341k (-4.36%)
Malawi-$146k (-16.5%)
Kenya-$71.6k (-43.9%)
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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 Margarine were:
Indonesia $1.98B
Belgium $849M
Netherlands $805M
In 2022, South Africa's main importing competitors in Margarine were:
China $1.33B
France $570M
Germany $519M

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNigeria+ $812k
TOP IMPORT POTENTIALIndonesia+ $2.83M

Margarine’s highest export potential is Nigeria. With an export gap of $812k.   Margarine’s highest import potential is Indonesia with an import gap of $2.83M.

See methodology.

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