Peat in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $909k in Peat, making it the 37th largest exporter of Peat in the world. At the same year, Peat was the 922nd most exported product in South Africa. The main destination of Peat exports from South Africa are: Zimbabwe ($391k), Namibia ($179k), Botswana ($106k), Zambia ($88.6k), and Germany ($35.9k).

The fastest growing export markets for Peat of South Africa between 2021 and 2022 were Botswana ($67.4k), Namibia ($55.2k), and Germany ($35.9k).

Imports In 2022, South Africa imported $9.08M in Peat, becoming the 33rd largest importer of Peat in the world. At the same year, Peat was the 665th most imported product in South Africa. South Africa imports Peat primarily from: Netherlands ($2.33M), Lithuania ($1.69M), Ireland ($1.65M), Latvia ($1.42M), and United States ($1.07M).

The fastest growing import markets in Peat for South Africa between 2021 and 2022 were Lithuania ($479k), United States ($249k), and Latvia ($105k).

Latest Trends

September 2024

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Overview In September 2024 South Africa's Peat exports accounted up to ZAR7.12M and imports accounted up to ZAR17M, resulting in a negative trade balance of ZAR9.84M. Between September 2023 and September 2024 the exports of South Africa's Peat have increased by ZAR5.94M (500%) from ZAR1.19M to ZAR7.12M, while imports increased by ZAR9.49M (127%) from ZAR7.48M to ZAR17M.

Destinations In September 2024, Peat were exported mostly to Zimbabwe (ZAR6.45M), Namibia (ZAR476k), Mozambique (ZAR96.1k), Botswana (ZAR62.7k), and Tanzania (ZAR27.4k), and were imported mostly from Netherlands (ZAR5.4M), United States (ZAR4.9M), Ireland (ZAR3.25M), Lithuania (ZAR1.24M), and Estonia (ZAR1.1M).

Growth In September 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 September 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 (September 2023 - September 2024)ZAR5.94M(500%)

IMPORT GROWTH (September 2023 - September 2024)ZAR9.49M(127%)

MAIN EXPORTER (September 2024)Beit BridgeZAR6.45M

MAIN DESTINATION (September 2024)ZimbabweZAR6.45M

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 (2022)$909k

IMPORTS (2022)$9.08M

NET TRADE (2022)-$8.17M

In 2022, South Africa exported $909k in Peat. The main destinations of South Africa exports on Peat were Zimbabwe ($391k), Namibia ($179k), Botswana ($106k), Zambia ($88.6k), and Germany ($35.9k).

In 2022, South Africa imported $9.08M in Peat, mainly from Netherlands ($2.33M), Lithuania ($1.69M), Ireland ($1.65M), Latvia ($1.42M), and United States ($1.07M).

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