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2022
Exports $14.3MWorld Rnk 31 / 144
Flag Rnk 472 / 1213
2022
Destination $2.3M Namibia
2021 - 2022
FASTEST GROWING MARKET $2.3MUnited States
2022
PRODUCT COMPLEXITY IN Other Stainless Steel Bars1.42Rnk 67 / 1025
2022
Imports $33.6MWorld Rnk 43 / 219
Flag Rnk 392 / 1213
2022
Origin $970k India
2021 - 2022
FASTEST GROWING ORIGIN $970kIndia
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $14.3M in Other Stainless Steel Bars, making it the 31st largest exporter of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 472nd most exported product in South Africa. The main destination of Other Stainless Steel Bars exports from South Africa are: Namibia ($4.4M), Botswana ($3.15M), United States ($2.3M), Democratic Republic of the Congo ($1.4M), and Eswatini ($907k).

The fastest growing export markets for Other Stainless Steel Bars of South Africa between 2021 and 2022 were United States ($2.3M), Democratic Republic of the Congo ($831k), and Namibia ($350k).

Imports In 2022, South Africa imported $33.6M in Other Stainless Steel Bars, becoming the 43rd largest importer of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 392nd most imported product in South Africa. South Africa imports Other Stainless Steel Bars primarily from: India ($16.2M), China ($7.03M), Italy ($6.29M), Chinese Taipei ($1.09M), and Germany ($676k).

The fastest growing import markets in Other Stainless Steel Bars for South Africa between 2021 and 2022 were India ($970k), Italy ($361k), and Sweden ($225k).

Latest Trends

October 2024

About

Overview In October 2024 South Africa's Other Stainless Steel Bars exports accounted up to ZAR8.59M and imports accounted up to ZAR41.1M, resulting in a negative trade balance of ZAR32.5M. Between October 2023 and October 2024 the exports of South Africa's   Other Stainless Steel Bars have increased by ZAR97.2k (1.14%) from ZAR8.49M to ZAR8.59M, while imports decreased by ZAR-1M (-2.38%) from ZAR42.1M to ZAR41.1M.

Destinations In October 2024, Other Stainless Steel Bars were exported mostly to Namibia (ZAR3.09M), Mozambique (ZAR2.33M), Eswatini (ZAR1.41M), Botswana (ZAR880k), and Malawi (ZAR326k), and were imported mostly from China (ZAR19.8M), India (ZAR15.9M), Germany (ZAR2.37M), Slovenia (ZAR777k), and Portugal (ZAR587k).

Growth In October 2024, the increase in Other Stainless Steel Bars's year-by-year exports was explained primarily by an increase in exports to Democratic Republic of the Congo (ZAR544k or 26.3k%) and Botswana (ZAR124k or 50.1%). In October 2024, the decrease in Other Stainless Steel Bars's year-by-year imports was explained primarily by a decrease in imports from India (ZAR-7.46M or -19.2%), China (ZAR-5.34M or -31.1%), and Czechia (ZAR-1.03M or -94.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)ZAR97.2k(1.14%)
IMPORT GROWTH (October 2023 - October 2024)ZAR-1M(-2.38%)
MAIN EXPORTER (October 2024)SkilpadsnekZAR4.7M
MAIN DESTINATION (October 2024)NamibiaZAR3.09M

This section shows Other Stainless Steel Bars'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 Other Stainless Steel Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.3M
IMPORTS (2022)$33.6M
NET TRADE (2022)-$19.3M

In 2022, South Africa exported $14.3M in Other Stainless Steel Bars. The main destinations of South Africa exports on Other Stainless Steel Bars were Namibia ($4.4M), Botswana ($3.15M), United States ($2.3M), Democratic Republic of the Congo ($1.4M), and Eswatini ($907k).

In 2022, South Africa imported $33.6M in Other Stainless Steel Bars, mainly from India ($16.2M), China ($7.03M), Italy ($6.29M), Chinese Taipei ($1.09M), and Germany ($676k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Stainless Steel Bars EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
United States$2.3M (25.8k%)
Democratic Republic of the Congo$831k (146%)
Namibia$350k (8.64%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Stainless Steel Bars BY South Africa WERE (2021 - 2022):
Botswana-$490k (-13.5%)
United Arab Emirates-$233k (-81.3%)
Lesotho-$229k (-72.7%)
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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 Other Stainless Steel Bars were:
Italy $1.61B
India $1.23B
Germany $1.02B
In 2022, South Africa's main importing competitors in Other Stainless Steel Bars were:
Germany $1.44B
United States $830M
Italy $500M

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Trade Value of Other Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.97M
TOP IMPORT POTENTIALIndia+ $2.63M

Other Stainless Steel Bars’s highest export potential is United States. With an export gap of $1.97M.   Other Stainless Steel Bars’s highest import potential is India with an import gap of $2.63M.

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