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2022
Exports $350MWorld Rnk 5 / 92
Flag Rnk 43 / 1213
2022
Destination $26.9M United States
2021 - 2022
FASTEST GROWING MARKET $26.9MNetherlands
2022
PRODUCT COMPLEXITY IN Pig Iron-1.18Rnk 876 / 1025
2022
Imports $2.25MWorld Rnk 50 / 141
Flag Rnk 906 / 1213
2022
Origin $462k Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $462kMalaysia
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $350M in Pig Iron, making it the 5th largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 43rd most exported product in South Africa. The main destination of Pig Iron exports from South Africa are: United States ($78.2M), Italy ($75.5M), Netherlands ($58M), Spain ($24.6M), and Germany ($15M).

The fastest growing export markets for Pig Iron of South Africa between 2021 and 2022 were Netherlands ($26.9M), Italy ($24.1M), and United States ($15.8M).

Imports In 2022, South Africa imported $2.25M in Pig Iron, becoming the 50th largest importer of Pig Iron in the world. At the same year, Pig Iron was the 906th most imported product in South Africa. South Africa imports Pig Iron primarily from: Malaysia ($2.24M), United States ($4.85k), Netherlands ($1.9k), Canada ($180), and Austria ($77).

The fastest growing import markets in Pig Iron for South Africa between 2021 and 2022 were Malaysia ($462k), United States ($4.85k), and Netherlands ($1.89k).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Pig Iron exports accounted up to ZAR413M and imports accounted up to ZAR148M, resulting in a positive trade balance of ZAR266M. Between August 2023 and August 2024 the exports of South Africa's   Pig Iron have increased by ZAR170M (69.8%) from ZAR243M to ZAR413M, while imports increased by ZAR140M (1.73k%) from ZAR8.08M to ZAR148M.

Destinations In August 2024, Pig Iron were exported mostly to Italy (ZAR156M), Netherlands (ZAR92M), Turkey (ZAR59.1M), Japan (ZAR35.4M), and Chinese Taipei (ZAR33.1M), and were imported mostly from Mozambique (ZAR143M) and Zimbabwe (ZAR4.28M).

Growth In August 2024, the increase in Pig Iron's year-by-year exports was explained primarily by an increase in exports to United States (ZAR90.7M or 148%), Spain (ZAR84.7M or 541%), and Australia (ZAR1.27M or 40.4%). In August 2024, the increase in Pig Iron'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)ZAR170M(69.8%)
IMPORT GROWTH (June 2022 - August 2024)ZAR140M(1.73k%)
MAIN EXPORTER (August 2024)Richards BayZAR615M
MAIN DESTINATION (August 2024)ItalyZAR156M

This section shows Pig Iron'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 Pig Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$350M
IMPORTS (2022)$2.25M
NET TRADE (2022)$348M

In 2022, South Africa exported $350M in Pig Iron. The main destinations of South Africa exports on Pig Iron were United States ($78.2M), Italy ($75.5M), Netherlands ($58M), Spain ($24.6M), and Germany ($15M).

In 2022, South Africa imported $2.25M in Pig Iron, mainly from Malaysia ($2.24M), United States ($4.85k), Netherlands ($1.9k), Canada ($180), and Austria ($77).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Netherlands$26.9M (86.6%)
Italy$24.1M (46.9%)
United States$15.8M (25.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY South Africa WERE (2021 - 2022):
China-$1.39M (-30.1%)
Oman-$915k (-11.1%)
Slovenia-$828k (-25.2%)
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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 Pig Iron were:
Brazil $2.3B
Russia $1.78B
Ukraine $668M
In 2022, South Africa's main importing competitors in Pig Iron were:
United States $2.87B
Italy $705M
Turkey $666M

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Trade Value of Pig Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.9M
TOP IMPORT POTENTIALUnited States+ $10.3k

Pig Iron’s highest export potential is United States. With an export gap of $20.9M.   Pig Iron’s highest import potential is United States with an import gap of $10.3k.

See methodology.

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