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2022
Exports $85.6MWorld Rnk 49 / 182
Flag Rnk 162 / 1213
2022
Destination $3.2M Zimbabwe
2021 - 2022
FASTEST GROWING MARKET $3.2MZimbabwe
2022
PRODUCT COMPLEXITY IN Polyacetals0.78Rnk 255 / 1025
2022
Imports $269MWorld Rnk 52 / 217
Flag Rnk 79 / 1213
2022
Origin $12.8M China
2021 - 2022
FASTEST GROWING ORIGIN $12.8MChina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $85.6M in Polyacetals, making it the 49th largest exporter of Polyacetals in the world. At the same year, Polyacetals was the 162nd most exported product in South Africa. The main destination of Polyacetals exports from South Africa are: Zimbabwe ($27.7M), Zambia ($9.23M), United States ($7.37M), Nigeria ($4.22M), and Democratic Republic of the Congo ($3.13M).

The fastest growing export markets for Polyacetals of South Africa between 2021 and 2022 were Zimbabwe ($3.2M), United Kingdom ($2.05M), and India ($1.11M).

Imports In 2022, South Africa imported $269M in Polyacetals, becoming the 52nd largest importer of Polyacetals in the world. At the same year, Polyacetals was the 79th most imported product in South Africa. South Africa imports Polyacetals primarily from: China ($53.3M), Germany ($25.1M), Netherlands ($23.4M), United States ($21.6M), and Saudi Arabia ($16.6M).

The fastest growing import markets in Polyacetals for South Africa between 2021 and 2022 were China ($12.8M), Egypt ($4.76M), and India ($3.61M).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Polyacetals exports accounted up to ZAR108M and imports accounted up to ZAR292M, resulting in a negative trade balance of ZAR184M. Between August 2023 and August 2024 the exports of South Africa's   Polyacetals have decreased by ZAR-71M (-39.6%) from ZAR179M to ZAR108M, while imports increased by ZAR5.22M (1.82%) from ZAR287M to ZAR292M.

Destinations In August 2024, Polyacetals were exported mostly to Zimbabwe (ZAR20.4M), United States (ZAR16.2M), Botswana (ZAR13.8M), Mauritius (ZAR8.59M), and Zambia (ZAR6.43M), and were imported mostly from China (ZAR54.1M), Germany (ZAR32M), Netherlands (ZAR26M), Italy (ZAR22M), and South Korea (ZAR20.8M).

Growth In August 2024, the decrease in Polyacetals's year-by-year exports was explained primarily by a decrease in exports to United States (ZAR-24.2M or -94.4%), Nigeria (ZAR-15.8M or -96.9%), and Zimbabwe (ZAR-4.52M or -24.6%). In August 2024, the increase in Polyacetals's year-by-year imports was explained primarily by an increase in imports from Lithuania (ZAR13.2M or 324%), Chinese Taipei (ZAR11.6M or 75.2%), and Spain (ZAR10.7M or 194%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR-71M(-39.6%)
IMPORT GROWTH (August 2023 - August 2024)ZAR5.22M(1.82%)
MAIN EXPORTER (August 2024)DurbanZAR30M
MAIN DESTINATION (August 2024)ZimbabweZAR20.4M

This section shows Polyacetals'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 Polyacetals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$85.6M
IMPORTS (2022)$269M
NET TRADE (2022)-$184M

In 2022, South Africa exported $85.6M in Polyacetals. The main destinations of South Africa exports on Polyacetals were Zimbabwe ($27.7M), Zambia ($9.23M), United States ($7.37M), Nigeria ($4.22M), and Democratic Republic of the Congo ($3.13M).

In 2022, South Africa imported $269M in Polyacetals, mainly from China ($53.3M), Germany ($25.1M), Netherlands ($23.4M), United States ($21.6M), and Saudi Arabia ($16.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Polyacetals EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Zimbabwe$3.2M (13.1%)
United Kingdom$2.05M (226%)
India$1.11M (166%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polyacetals BY South Africa WERE (2021 - 2022):
United States-$12.1M (-62.2%)
Australia-$1.25M (-57.8%)
Spain-$984k (-46.9%)
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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 Polyacetals were:
China $12.5B
Germany $7.27B
South Korea $6.91B
In 2022, South Africa's main importing competitors in Polyacetals were:
China $8.92B
United States $6.13B
Germany $5.02B

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Trade Value of Polyacetals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.66M
TOP IMPORT POTENTIALChina+ $23.3M

Polyacetals’s highest export potential is United States. With an export gap of $9.66M.   Polyacetals’s highest import potential is China with an import gap of $23.3M.

See methodology.

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