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2022
Exports $239MWorld Rnk 39 / 220
Flag Rnk 64 / 1213
2022
Destination $10.2M Namibia
2021 - 2022
FASTEST GROWING MARKET $10.2MZambia
2022
PRODUCT COMPLEXITY IN Plastic Lids-0.17Rnk 606 / 1025
2022
Imports $250MWorld Rnk 50 / 225
Flag Rnk 87 / 1213
2022
Origin $12.1M China
2021 - 2022
FASTEST GROWING ORIGIN $12.1MChina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $239M in Plastic Lids, making it the 39th largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 64th most exported product in South Africa. The main destination of Plastic Lids exports from South Africa are: Namibia ($39.5M), United States ($25.2M), Zambia ($25M), Zimbabwe ($24.8M), and Mozambique ($20.3M).

The fastest growing export markets for Plastic Lids of South Africa between 2021 and 2022 were Zambia ($10.2M), Germany ($9.12M), and United States ($3.32M).

Imports In 2022, South Africa imported $250M in Plastic Lids, becoming the 50th largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 87th most imported product in South Africa. South Africa imports Plastic Lids primarily from: China ($65M), Italy ($27.6M), Germany ($16.5M), Spain ($13.7M), and United Kingdom ($12.6M).

The fastest growing import markets in Plastic Lids for South Africa between 2021 and 2022 were China ($12.1M), Mauritius ($7.23M), and Italy ($6.54M).

Latest Trends

October 2024

About

Overview In October 2024 South Africa's Plastic Lids exports accounted up to ZAR388M and imports accounted up to ZAR482M, resulting in a negative trade balance of ZAR93.2M. Between October 2023 and October 2024 the exports of South Africa's   Plastic Lids have increased by ZAR4.77M (1.24%) from ZAR384M to ZAR388M, while imports increased by ZAR120M (33.1%) from ZAR362M to ZAR482M.

Destinations In October 2024, Plastic Lids were exported mostly to Namibia (ZAR100M), Zimbabwe (ZAR57.6M), Mozambique (ZAR36.7M), Zambia (ZAR36.1M), and Botswana (ZAR28.5M), and were imported mostly from China (ZAR146M), Italy (ZAR85.5M), Spain (ZAR47.4M), Germany (ZAR29.4M), and India (ZAR18.4M).

Growth In October 2024, the increase in Plastic Lids's year-by-year exports was explained primarily by an increase in exports to Namibia (ZAR15.8M or 52.6%), Malawi (ZAR6.4M or 440%), and Netherlands (ZAR3.41M or 205%). In October 2024, the increase in Plastic Lids's year-by-year imports was explained primarily by an increase in imports from Italy (ZAR32M or 59.3%), China (ZAR17.9M or 29.3%), and Germany (ZAR10.5M or 133%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)ZAR4.77M(1.24%)
IMPORT GROWTH (October 2023 - October 2024)ZAR120M(33.1%)
MAIN EXPORTER (October 2024)Beit BridgeZAR71.4M
MAIN DESTINATION (October 2024)NamibiaZAR100M

This section shows Plastic Lids'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 Plastic Lids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$239M
IMPORTS (2022)$250M
NET TRADE (2022)-$10.5M

In 2022, South Africa exported $239M in Plastic Lids. The main destinations of South Africa exports on Plastic Lids were Namibia ($39.5M), United States ($25.2M), Zambia ($25M), Zimbabwe ($24.8M), and Mozambique ($20.3M).

In 2022, South Africa imported $250M in Plastic Lids, mainly from China ($65M), Italy ($27.6M), Germany ($16.5M), Spain ($13.7M), and United Kingdom ($12.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Lids EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Zambia$10.2M (69%)
Germany$9.12M (345%)
United States$3.32M (15.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Lids BY South Africa WERE (2021 - 2022):
Zimbabwe-$1.46M (-5.55%)
Netherlands-$959k (-28%)
Ghana-$820k (-48%)
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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 Plastic Lids were:
China $13.9B
United States $6.79B
Germany $5.78B
In 2022, South Africa's main importing competitors in Plastic Lids were:
United States $11.2B
Germany $5.01B
France $3.52B

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Trade Value of Plastic Lids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $24.9M
TOP IMPORT POTENTIALChina+ $21.7M

Plastic Lids’s highest export potential is United States. With an export gap of $24.9M.   Plastic Lids’s highest import potential is China with an import gap of $21.7M.

See methodology.

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