Peat in South Africa | The Observatory of Economic Complexity

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Exports In 2023, South Africa exported $703k in Peat, making it the 37th largest exporter of Peat in the world. At the same year, Peat was the 966th most exported product in South Africa. The main destination of Peat exports from South Africa are: Zimbabwe ($194k), Namibia ($174k), Zambia ($152k), Botswana ($44.7k), and Mozambique ($40.2k).

The fastest growing export markets for Peat of South Africa between 2022 and 2023 were Zambia ($39.4k), Angola ($35.6k), and Namibia ($16.1k).

Imports In 2023, South Africa imported $7.14M in Peat, becoming the 36th largest importer of Peat in the world. At the same year, Peat was the 697th most imported product in South Africa. South Africa imports Peat primarily from: Ireland ($1.7M), Netherlands ($1.55M), United States ($1.38M), Latvia ($915k), and Lithuania ($878k).

The fastest growing import markets in Peat for South Africa between 2022 and 2023 were United States ($294k), Estonia ($76.1k), and Chile ($60.7k).

Latest Trends

November 2024

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Overview In November 2024 South Africa's Peat exports accounted up to ZAR3.91M and imports accounted up to ZAR14.7M, resulting in a negative trade balance of ZAR10.8M. Between November 2023 and November 2024 the exports of South Africa's Peat have increased by ZAR1.92M (96.4%) from ZAR1.99M to ZAR3.91M, while imports increased by ZAR5.47M (59.4%) from ZAR9.21M to ZAR14.7M.

Destinations In November 2024, Peat were exported mostly to Zimbabwe (ZAR3.24M), Zambia (ZAR393k), Namibia (ZAR141k), Mozambique (ZAR100k), and Botswana (ZAR13.3k), and were imported mostly from Netherlands (ZAR4.46M), Ireland (ZAR3.94M), Lithuania (ZAR2.12M), Sweden (ZAR1.79M), and Latvia (ZAR1.14M).

Growth In November 2024, the increase in Peat's year-by-year exports was explained primarily by an increase in exports to Namibia (ZAR396k or 268%), Botswana (ZAR75k or 184%), and Zimbabwe (ZAR56.1k or 22.2%). In November 2024, the increase in Peat's year-by-year imports was explained primarily by an increase in imports from Lithuania (ZAR3.19M or 380%) and Latvia (ZAR1.46M or 61.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)ZAR1.92M(96.4%)

IMPORT GROWTH (November 2023 - November 2024)ZAR5.47M(59.4%)

MAIN EXPORTER (November 2024)Beit BridgeZAR6.45M

MAIN DESTINATION (November 2024)ZimbabweZAR3.24M

This section shows Peat'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 Peat over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$703k

IMPORTS (2023)$7.14M

NET TRADE (2023)-$6.44M

In 2023, South Africa exported $703k in Peat. The main destinations of South Africa exports on Peat were Zimbabwe ($194k), Namibia ($174k), Zambia ($152k), Botswana ($44.7k), and Mozambique ($40.2k).

In 2023, South Africa imported $7.14M in Peat, mainly from Ireland ($1.7M), Netherlands ($1.55M), United States ($1.38M), Latvia ($915k), and Lithuania ($878k).

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