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2022
Exports $11.3MWorld Rnk 13 / 113
Flag Rnk 511 / 1213
2022
Destination $2.97M France
2021 - 2022
FASTEST GROWING MARKET $2.97MUnited States
2022
Imports $3.92MWorld Rnk 30 / 161
Flag Rnk 820 / 1213
2022
Origin $627k France
2021 - 2022
FASTEST GROWING ORIGIN $627kUnited Kingdom
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $11.3M in Parachutes, making it the 13th largest exporter of Parachutes in the world. At the same year, Parachutes was the 511th most exported product in South Africa. The main destination of Parachutes exports from South Africa are: France ($5.27M), United States ($4.8M), Brunei ($290k), India ($265k), and Pakistan ($104k).

The fastest growing export markets for Parachutes of South Africa between 2021 and 2022 were United States ($2.97M), France ($940k), and Brunei ($290k).

Imports In 2022, South Africa imported $3.92M in Parachutes, becoming the 30th largest importer of Parachutes in the world. At the same year, Parachutes was the 820th most imported product in South Africa. South Africa imports Parachutes primarily from: France ($1.87M), United Kingdom ($846k), United States ($430k), Turkey ($210k), and Germany ($101k).

The fastest growing import markets in Parachutes for South Africa between 2021 and 2022 were United Kingdom ($627k), Turkey ($210k), and United States ($153k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Parachutes exports accounted up to ZAR36.7M and imports accounted up to ZAR3.56M, resulting in a positive trade balance of ZAR33.2M. Between June 2023 and June 2024 the exports of South Africa's   Parachutes have increased by ZAR8.65M (30.8%) from ZAR28.1M to ZAR36.7M, while imports decreased by ZAR-664k (-15.7%) from ZAR4.23M to ZAR3.56M.

Destinations In June 2024, Parachutes were exported mostly to France (ZAR28M), China (ZAR5.32M), United States (ZAR1.79M), India (ZAR1.6M), and Norway (ZAR63.8k), and were imported mostly from France (ZAR1.06M), South Africa (ZAR964k), United States (ZAR490k), Turkey (ZAR230k), and United Kingdom (ZAR206k).

Growth In June 2024, the increase in Parachutes's year-by-year exports was explained primarily by an increase in exports to United States (ZAR440k or 54.4%). In June 2024, the decrease in Parachutes's year-by-year imports was explained primarily by a decrease in imports from United States (ZAR-640k or -81.2%), France (ZAR-363k or -63.1%), and Romania (ZAR-10.5k or -38.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR8.65M(30.8%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-664k(-15.7%)
MAIN EXPORTER (June 2024)O.r. Tambo Int AirportZAR42.4M
MAIN DESTINATION (June 2024)FranceZAR28M

This section shows Parachutes'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 Parachutes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.3M
IMPORTS (2022)$3.92M
NET TRADE (2022)$7.34M

In 2022, South Africa exported $11.3M in Parachutes. The main destinations of South Africa exports on Parachutes were France ($5.27M), United States ($4.8M), Brunei ($290k), India ($265k), and Pakistan ($104k).

In 2022, South Africa imported $3.92M in Parachutes, mainly from France ($1.87M), United Kingdom ($846k), United States ($430k), Turkey ($210k), and Germany ($101k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Parachutes EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
United States$2.97M (162%)
France$940k (21.7%)
Brunei$290k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Parachutes BY South Africa WERE (2021 - 2022):
Philippines-$938k (-100%)
Pakistan-$380k (-78.4%)
Thailand-$325k (-96.7%)
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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 Parachutes were:
United States $127M
Vietnam $37.5M
United Kingdom $29.9M
In 2022, South Africa's main importing competitors in Parachutes were:
United States $57.3M
France $43.1M
Germany $39.7M

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Trade Value of Parachutes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $146k
TOP IMPORT POTENTIALUnited States+ $213k

Parachutes’s highest export potential is India. With an export gap of $146k.   Parachutes’s highest import potential is United States with an import gap of $213k.

See methodology.

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