2022
Exports
$19.1BWorld Rnk 1 / 94
Flag Rnk 2 / 1213
2022
PRODUCT COMPLEXITY IN Platinum
0.58Rnk 328 / 1025
2022
Imports
$172MWorld Rnk 22 / 143
Flag Rnk 128 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $19.1B in Platinum, making it the 1st largest exporter of Platinum in the world. At the same year, Platinum was the 2nd most exported product in South Africa. The main destination of Platinum exports from South Africa are: Japan ($5.97B), United States ($3.97B), United Kingdom ($2.36B), China ($1.83B), and Germany ($1.6B).

The fastest growing export markets for Platinum of South Africa between 2021 and 2022 were China ($1.08B), Ireland ($159M), and Canada ($139M).

Imports In 2018, South Africa imported $172M in Platinum, becoming the 22nd largest importer of Platinum in the world. At the same year, Platinum was the 128th most imported product in South Africa. South Africa imports Platinum primarily from: United Arab Emirates ($55.2M), Germany ($50.5M), Zimbabwe ($45.2M), Switzerland ($8.24M), and United Kingdom ($4.74M).

The fastest growing import markets in Platinum for South Africa between 2021 and 2022 were United Arab Emirates ($55.2M), Switzerland ($5.11M), and United Kingdom ($4.71M).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR332M(2.5%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-5.9M(-7.85%)
MAIN EXPORTER (August 2024)O.r. Tambo Int AirportZAR19.4B
MAIN DESTINATION (August 2024)JapanZAR4.25B

This section shows Platinum'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 Platinum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.1B
IMPORTS (2022)$172M
NET TRADE (2022)$19B

In 2022, South Africa exported $19.1B in Platinum. The main destinations of South Africa exports on Platinum were Japan ($5.97B), United States ($3.97B), United Kingdom ($2.36B), China ($1.83B), and Germany ($1.6B).

In 2022, South Africa imported $172M in Platinum, mainly from United Arab Emirates ($55.2M), Germany ($50.5M), Zimbabwe ($45.2M), Switzerland ($8.24M), and United Kingdom ($4.74M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
China$1.08B (144%)
Ireland$159M (2.74k%)
Canada$139M (19.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY South Africa WERE (2021 - 2022):
United States-$3.03B (-43.3%)
United Kingdom-$1.99B (-45.7%)
Hong Kong-$1.04B (-57.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Platinum were:
In 2022, South Africa's main importing competitors in Platinum were:

Explore Visualizations

Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $200M
TOP IMPORT POTENTIALUnited Kingdom+ $4.38M

Platinum’s highest export potential is China. With an export gap of $200M.   Platinum’s highest import potential is United Kingdom with an import gap of $4.38M.

See methodology.

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