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2023
Exports $176MWorld Rnk 65 / 163
Flag Rnk 86 / 1214
2023
Destination $35.7M Zimbabwe
2022 - 2023
FASTEST GROWING MARKET $35.7MMozambique
2023
PRODUCT COMPLEXITY IN Petroleum Gas-2.01Rnk 998 / 1025
2023
Imports $780MWorld Rnk 50 / 220
Flag Rnk 16 / 1211
2023
Origin $46.5M Mozambique
2022 - 2023
FASTEST GROWING ORIGIN $46.5MUnited States
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $176M in Petroleum Gas, making it the 65th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 86th most exported product in South Africa. The main destination of Petroleum Gas exports from South Africa are: Zimbabwe ($92.2M), Mozambique ($35.8M), Botswana ($21.6M), Namibia ($12.8M), and Lesotho ($6.21M).

The fastest growing export markets for Petroleum Gas of South Africa between 2022 and 2023 were Mozambique ($35.7M), Zimbabwe ($7.42M), and Denmark ($35.9k).

Imports In 2023, South Africa imported $780M in Petroleum Gas, becoming the 50th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 16th most imported product in South Africa. South Africa imports Petroleum Gas primarily from: Mozambique ($412M), United States ($254M), Nigeria ($41.9M), Togo ($22.3M), and Japan ($18.8M).

The fastest growing import markets in Petroleum Gas for South Africa between 2022 and 2023 were United States ($46.5M), Oman ($10.9M), and Argentina ($4.74M).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Petroleum Gas exports accounted up to ZAR272M and imports accounted up to ZAR1.38B, resulting in a negative trade balance of ZAR1.1B. Between November 2023 and November 2024 the exports of South Africa's   Petroleum Gas have increased by ZAR42.8M (18.6%) from ZAR230M to ZAR272M, while imports decreased by ZAR-37.6M (-2.66%) from ZAR1.41B to ZAR1.38B.

Destinations In November 2024, Petroleum Gas were exported mostly to Zimbabwe (ZAR187M), Botswana (ZAR29M), Namibia (ZAR20.1M), Lesotho (ZAR20M), and Eswatini (ZAR8.36M), and were imported mostly from Mozambique (ZAR678M), United States (ZAR590M), Iraq (ZAR104M), China (ZAR2.8M), and Italy (ZAR755k).

Growth In November 2024, the increase in Petroleum Gas's year-by-year exports was explained primarily by an increase in exports to Zimbabwe (ZAR51.1M or 73.8%) and Malawi (ZAR181k or 7.89%). In November 2024, the decrease in Petroleum Gas's year-by-year imports was explained primarily by a decrease in imports from South Korea (ZAR-72.9k or -46.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR42.8M(18.6%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-37.6M(-2.66%)
MAIN EXPORTER (November 2024)Beit BridgeZAR212M
MAIN DESTINATION (November 2024)ZimbabweZAR187M

This section shows Petroleum Gas'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 Petroleum Gas over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$176M
IMPORTS (2023)$780M
NET TRADE (2023)-$604M

In 2023, South Africa exported $176M in Petroleum Gas. The main destinations of South Africa exports on Petroleum Gas were Zimbabwe ($92.2M), Mozambique ($35.8M), Botswana ($21.6M), Namibia ($12.8M), and Lesotho ($6.21M).

In 2023, South Africa imported $780M in Petroleum Gas, mainly from Mozambique ($412M), United States ($254M), Nigeria ($41.9M), Togo ($22.3M), and Japan ($18.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Mozambique$35.7M (52.9k%)
Zimbabwe$7.42M (8.75%)
Denmark$35.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY South Africa WERE (2022 - 2023):
Tanzania-$5.82M (-98.3%)
Botswana-$5.71M (-20.9%)
Lesotho-$2.33M (-27.3%)
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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 Petroleum Gas were:
United States $83.2B
Qatar $71.1B
Norway $70.8B
In 2023, South Africa's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTanzania+ $889k
TOP IMPORT POTENTIALNigeria+ $142M

Petroleum Gas’s highest export potential is Tanzania. With an export gap of $889k.   Petroleum Gas’s highest import potential is Nigeria with an import gap of $142M.

See methodology.

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