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2022
Exports $454kWorld Rnk 61 / 161
Flag Rnk 1000 / 1213
2022
Destination $40.2k United States
2021 - 2022
FASTEST GROWING MARKET $40.2kJapan
2022
PRODUCT COMPLEXITY IN Pearl Products-0.51Rnk 707 / 1025
2022
Imports $1.77MWorld Rnk 55 / 200
Flag Rnk 947 / 1213
2022
Origin $204k Thailand
2021 - 2022
FASTEST GROWING ORIGIN $204kChina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $454k in Pearl Products, making it the 61st largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 1000th most exported product in South Africa. The main destination of Pearl Products exports from South Africa are: United States ($148k), Nigeria ($74.5k), Japan ($40.3k), United Kingdom ($27.3k), and Netherlands ($20k).

The fastest growing export markets for Pearl Products of South Africa between 2021 and 2022 were Japan ($40.2k), Netherlands ($13.9k), and Canada ($12k).

Imports In 2022, South Africa imported $1.77M in Pearl Products, becoming the 55th largest importer of Pearl Products in the world. At the same year, Pearl Products was the 947th most imported product in South Africa. South Africa imports Pearl Products primarily from: Thailand ($528k), China ($509k), Vietnam ($264k), United States ($106k), and Botswana ($92.1k).

The fastest growing import markets in Pearl Products for South Africa between 2021 and 2022 were China ($204k), Botswana ($63.8k), and Brazil ($55.6k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Pearl Products exports accounted up to ZAR317k and imports accounted up to ZAR5.86M, resulting in a negative trade balance of ZAR5.54M. Between June 2023 and June 2024 the exports of South Africa's   Pearl Products have increased by ZAR153k (92.8%) from ZAR165k to ZAR317k, while imports increased by ZAR2.39M (69.2%) from ZAR3.46M to ZAR5.86M.

Destinations In June 2024, Pearl Products were exported mostly to France (ZAR125k), China (ZAR99.8k), United Kingdom (ZAR65.5k), Namibia (ZAR17.2k), and Portugal (ZAR5.71k), and were imported mostly from Thailand (ZAR3.43M), Italy (ZAR1.04M), Vietnam (ZAR567k), China (ZAR486k), and Lithuania (ZAR148k).

Growth In June 2024, the increase in Pearl Products's year-by-year exports was explained primarily by an increase in exports to Namibia (ZAR2.1k or 83.6%). In June 2024, the increase in Pearl Products's year-by-year imports was explained primarily by an increase in imports from Thailand (ZAR919k or 247%), Vietnam (ZAR853k or 507%), and China (ZAR323k or 148%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR153k(92.8%)
IMPORT GROWTH (June 2023 - June 2024)ZAR2.39M(69.2%)
MAIN EXPORTER (June 2024)O.r. Tambo Int AirportZAR464k
MAIN DESTINATION (June 2024)FranceZAR125k

This section shows Pearl Products'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 Pearl Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$454k
IMPORTS (2022)$1.77M
NET TRADE (2022)-$1.32M

In 2022, South Africa exported $454k in Pearl Products. The main destinations of South Africa exports on Pearl Products were United States ($148k), Nigeria ($74.5k), Japan ($40.3k), United Kingdom ($27.3k), and Netherlands ($20k).

In 2022, South Africa imported $1.77M in Pearl Products, mainly from Thailand ($528k), China ($509k), Vietnam ($264k), United States ($106k), and Botswana ($92.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pearl Products EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Japan$40.2k (74.5k%)
Netherlands$13.9k (226%)
Canada$12k (371%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearl Products BY South Africa WERE (2021 - 2022):
United States-$863k (-85.3%)
Switzerland-$49.9k (-78%)
Singapore-$27.3k (-95.8%)
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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 Pearl Products were:
China $424M
United States $313M
Thailand $162M
In 2022, South Africa's main importing competitors in Pearl Products were:
United States $358M
Hong Kong $187M
China $141M

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Trade Value of Pearl Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $156k
TOP IMPORT POTENTIALChina+ $284k

Pearl Products’s highest export potential is United States. With an export gap of $156k.   Pearl Products’s highest import potential is China with an import gap of $284k.

See methodology.

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