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2023
Exports $156MWorld Rnk 10 / 101
Flag Rnk 98 / 1214
2023
Destination $17.8M India
2022 - 2023
FASTEST GROWING MARKET $17.8MTurkey
2023
PRODUCT COMPLEXITY IN Phosphoric Acid-0.67Rnk 754 / 1025
2023
Imports $7.91MWorld Rnk 43 / 190
Flag Rnk 665 / 1211
2023
Origin $328k China
2022 - 2023
FASTEST GROWING ORIGIN $328kIsrael
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $156M in Phosphoric Acid, making it the 10th largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 98th most exported product in South Africa. The main destination of Phosphoric Acid exports from South Africa are: India ($88.5M), Bangladesh ($18.8M), Turkey ($17.8M), Democratic Republic of the Congo ($8.94M), and Netherlands ($6.27M).

The fastest growing export markets for Phosphoric Acid of South Africa between 2022 and 2023 were Turkey ($17.8M), India ($12.7M), and Bangladesh ($5.57M).

Imports In 2018, South Africa imported $7.91M in Phosphoric Acid, becoming the 43rd largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 665th most imported product in South Africa. South Africa imports Phosphoric Acid primarily from: China ($6.7M), Israel ($802k), Germany ($103k), Hong Kong ($84.1k), and Italy ($61.6k).

The fastest growing import markets in Phosphoric Acid for South Africa between 2022 and 2023 were Israel ($328k), Hong Kong ($84.1k), and Germany ($80.6k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Phosphoric Acid exports accounted up to ZAR9.94M and imports accounted up to ZAR16.7M, resulting in a negative trade balance of ZAR6.79M. Between November 2023 and November 2024 the exports of South Africa's   Phosphoric Acid have decreased by ZAR-155M (-94%) from ZAR165M to ZAR9.94M, while imports increased by ZAR7.28M (77.1%) from ZAR9.45M to ZAR16.7M.

Destinations In November 2024, Phosphoric Acid were exported mostly to Democratic Republic of the Congo (ZAR5.26M), Eswatini (ZAR2.29M), Angola (ZAR1.22M), Botswana (ZAR626k), and Malawi (ZAR251k), and were imported mostly from China (ZAR9.52M), India (ZAR4.91M), France (ZAR1.08M), Italy (ZAR1.08M), and Germany (ZAR100k).

Growth In November 2024, the decrease in Phosphoric Acid's year-by-year exports was explained primarily by a decrease in exports to Eswatini (ZAR-2.08M or -57.2%) and Botswana (ZAR-50.4k or -97.8%). In November 2024, the increase in Phosphoric Acid's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-155M(-94%)
IMPORT GROWTH (November 2023 - November 2024)ZAR7.28M(77.1%)
MAIN EXPORTER (November 2024)Richards BayZAR283M
MAIN DESTINATION (November 2024)Democratic Republic of the CongoZAR5.26M

This section shows Phosphoric Acid'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 Phosphoric Acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$156M
IMPORTS (2023)$7.91M
NET TRADE (2023)$148M

In 2023, South Africa exported $156M in Phosphoric Acid. The main destinations of South Africa exports on Phosphoric Acid were India ($88.5M), Bangladesh ($18.8M), Turkey ($17.8M), Democratic Republic of the Congo ($8.94M), and Netherlands ($6.27M).

In 2023, South Africa imported $7.91M in Phosphoric Acid, mainly from China ($6.7M), Israel ($802k), Germany ($103k), Hong Kong ($84.1k), and Italy ($61.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Turkey$17.8M (13M%)
India$12.7M (16.8%)
Bangladesh$5.57M (42.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY South Africa WERE (2022 - 2023):
Belgium-$33.6M (-86.4%)
Netherlands-$26.7M (-81%)
Democratic Republic of the Congo-$12M (-57.3%)
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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 Phosphoric Acid were:
Morocco $1.41B
China $708M
Jordan $706M
In 2023, South Africa's main importing competitors in Phosphoric Acid were:
India $2.44B
United States $454M
Pakistan $300M

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $15.1M
TOP IMPORT POTENTIALJordan+ $713k

Phosphoric Acid’s highest export potential is India. With an export gap of $15.1M.   Phosphoric Acid’s highest import potential is Jordan with an import gap of $713k.

See methodology.

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