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2022
Exports $190MWorld Rnk 12 / 106
Flag Rnk 77 / 1213
2022
Destination $46.2M India
2021 - 2022
FASTEST GROWING MARKET $46.2MIndia
2022
PRODUCT COMPLEXITY IN Phosphoric Acid-0.58Rnk 718 / 1025
2022
Imports $24.4MWorld Rnk 34 / 191
Flag Rnk 457 / 1213
2022
Origin $5.12MN/A
2021 - 2022
FASTEST GROWING ORIGIN $5.12MFinland
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $190M in Phosphoric Acid, making it the 12th largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 77th most exported product in South Africa. The main destination of Phosphoric Acid exports from South Africa are: India ($75.5M), Belgium ($34.8M), Netherlands ($32.9M), Democratic Republic of the Congo ($20.1M), and Bangladesh ($13.2M).

The fastest growing export markets for Phosphoric Acid of South Africa between 2021 and 2022 were India ($46.2M), Belgium ($18.4M), and Netherlands ($11.5M).

Imports In 2022, South Africa imported $24.4M in Phosphoric Acid, becoming the 34th largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 457th most imported product in South Africa. South Africa imports Phosphoric Acid primarily from: N/A.

The fastest growing import markets in Phosphoric Acid for South Africa between 2021 and 2022 were Finland ($5.12M), Jordan ($2.5M), and Israel ($434k).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Phosphoric Acid exports accounted up to ZAR34.5M and imports accounted up to ZAR22.8M, resulting in a positive trade balance of ZAR11.7M. Between August 2023 and August 2024 the exports of South Africa's   Phosphoric Acid have decreased by ZAR-199M (-85.2%) from ZAR233M to ZAR34.5M, while imports increased by ZAR14.7M (182%) from ZAR8.09M to ZAR22.8M.

Destinations In August 2024, Phosphoric Acid were exported mostly to Democratic Republic of the Congo (ZAR28.5M), Eswatini (ZAR2.53M), Botswana (ZAR1.3M), Malawi (ZAR1.25M), and Singapore (ZAR389k), and were imported mostly from China (ZAR17.6M), Israel (ZAR5.12M), Germany (ZAR21.3k), France (ZAR12k), and Hungary (ZAR8.72k).

Growth In August 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 August 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 (August 2023 - August 2024)ZAR-199M(-85.2%)
IMPORT GROWTH (August 2023 - August 2024)ZAR14.7M(182%)
MAIN EXPORTER (August 2024)Richards BayZAR283M
MAIN DESTINATION (August 2024)Democratic Republic of the CongoZAR28.5M

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 (2022)$190M
IMPORTS (2022)$24.4M
NET TRADE (2022)$166M

In 2022, South Africa exported $190M in Phosphoric Acid. The main destinations of South Africa exports on Phosphoric Acid were India ($75.5M), Belgium ($34.8M), Netherlands ($32.9M), Democratic Republic of the Congo ($20.1M), and Bangladesh ($13.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
India$46.2M (157%)
Belgium$18.4M (112%)
Netherlands$11.5M (53.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY South Africa WERE (2021 - 2022):
Zambia-$453k (-71.2%)
Malawi-$142k (-72.5%)
Singapore-$62.9k (-100%)
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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 Phosphoric Acid were:
Morocco $2.29B
China $973M
Senegal $846M
In 2022, South Africa's main importing competitors in Phosphoric Acid were:
India $2.91B
Pakistan $627M
Netherlands $398M

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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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