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2023
Exports $263kWorld Rnk 55 / 148
Flag Rnk 1065 / 1214
2023
Destination $141k Germany
2022 - 2023
FASTEST GROWING MARKET $141kGermany
2023
PRODUCT COMPLEXITY IN Pastes and Waxes1.24Rnk 92 / 1025
2023
Imports $3.97MWorld Rnk 50 / 203
Flag Rnk 795 / 1211
2023
Origin $14.6k China
2022 - 2023
FASTEST GROWING ORIGIN $14.6kUnited Kingdom
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $263k in Pastes and Waxes, making it the 55th largest exporter of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 1065th most exported product in South Africa. The main destination of Pastes and Waxes exports from South Africa are: Germany ($141k), Namibia ($26.7k), Zambia ($20.2k), Zimbabwe ($11.6k), and Mozambique ($11.2k).

The fastest growing export markets for Pastes and Waxes of South Africa between 2022 and 2023 were Germany ($141k), Lesotho ($2.3k), and Nigeria ($561).

Imports In 2023, South Africa imported $3.97M in Pastes and Waxes, becoming the 50th largest importer of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 795th most imported product in South Africa. South Africa imports Pastes and Waxes primarily from: China ($2.5M), Germany ($673k), Netherlands ($186k), Italy ($177k), and United Kingdom ($136k).

The fastest growing import markets in Pastes and Waxes for South Africa between 2022 and 2023 were United Kingdom ($14.6k), United States ($4.92k), and Andorra ($844).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Pastes and Waxes exports accounted up to ZAR420k and imports accounted up to ZAR3.99M, resulting in a negative trade balance of ZAR3.57M. Between November 2023 and November 2024 the exports of South Africa's   Pastes and Waxes have increased by ZAR149k (55.1%) from ZAR271k to ZAR420k, while imports increased by ZAR234k (6.25%) from ZAR3.75M to ZAR3.99M.

Destinations In November 2024, Pastes and Waxes were exported mostly to Namibia (ZAR149k), Botswana (ZAR71.5k), Zambia (ZAR55.8k), Eswatini (ZAR48.5k), and Angola (ZAR39.4k), and were imported mostly from China (ZAR1.53M), Germany (ZAR1.27M), United States (ZAR277k), Italy (ZAR266k), and Thailand (ZAR218k).

Growth In November 2024, the increase in Pastes and Waxes's year-by-year exports was explained primarily by an increase in exports to Zimbabwe (ZAR18.5k or 629%), Angola (ZAR7.29k or 89.5%), and Malawi (ZAR2.44k or 167%). In November 2024, the increase in Pastes and Waxes's year-by-year imports was explained primarily by an increase in imports from United States (ZAR168k or 169%), Italy (ZAR160k or 87.1%), and United Kingdom (ZAR143k or 151%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR149k(55.1%)
IMPORT GROWTH (November 2023 - November 2024)ZAR234k(6.25%)
MAIN EXPORTER (November 2024)VioolsdrifZAR299k
MAIN DESTINATION (November 2024)NamibiaZAR149k

This section shows Pastes and Waxes'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 Pastes and Waxes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$263k
IMPORTS (2023)$3.97M
NET TRADE (2023)-$3.71M

In 2023, South Africa exported $263k in Pastes and Waxes. The main destinations of South Africa exports on Pastes and Waxes were Germany ($141k), Namibia ($26.7k), Zambia ($20.2k), Zimbabwe ($11.6k), and Mozambique ($11.2k).

In 2023, South Africa imported $3.97M in Pastes and Waxes, mainly from China ($2.5M), Germany ($673k), Netherlands ($186k), Italy ($177k), and United Kingdom ($136k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pastes and Waxes EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Germany$141k (1%)
Lesotho$2.3k (48.2%)
Nigeria$561 (710%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pastes and Waxes BY South Africa WERE (2022 - 2023):
Namibia-$9.71k (-26.7%)
United Kingdom-$7.17k (-98.3%)
Zimbabwe-$5.82k (-33.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Pastes and Waxes were:
China $464M
Germany $232M
Italy $123M
In 2023, South Africa's main importing competitors in Pastes and Waxes were:
United States $318M
Germany $76.6M
France $44.6M

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Trade Value of Pastes and Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $9.55k
TOP IMPORT POTENTIALChina+ $434k

Pastes and Waxes’s highest export potential is United Kingdom. With an export gap of $9.55k.   Pastes and Waxes’s highest import potential is China with an import gap of $434k.

See methodology.

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