Precious Metal Ore in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $1.97B in Precious Metal Ore, making it the 1st largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 13th most exported product in South Africa. The main destination of Precious Metal Ore exports from South Africa are: Germany ($1.38B), United Kingdom ($565M), Chinese Taipei ($18.5M), Belgium ($2.29M), and China ($1.62M).

The fastest growing export markets for Precious Metal Ore of South Africa between 2021 and 2022 were United Kingdom ($310M), China ($1.55M), and Namibia ($1.1M).

Imports In 2022, South Africa imported $52.7k in Precious Metal Ore, becoming the 47th largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 1168th most imported product in South Africa. South Africa imports Precious Metal Ore primarily from: Zambia ($31.1k), Burkina Faso ($9.59k), Canada ($6.23k), Zimbabwe ($1.95k), and Germany ($1.48k).

The fastest growing import markets in Precious Metal Ore for South Africa between 2021 and 2022 were Burkina Faso ($9.51k), Canada ($5.85k), and Zimbabwe ($936).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Precious Metal Ore from South Africa to the United States.

Latest Trends

January 2024

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Overview In January 2024 South Africa's Precious Metal Ore exports accounted up to ZAR1.32B and imports accounted up to ZAR3.54k, resulting in a positive trade balance of ZAR1.32B. Between January 2023 and January 2024 the exports of South Africa's Precious Metal Ore have decreased by ZAR-747M (-36.2%) from ZAR2.06B to ZAR1.32B, while imports decreased by ZAR-7.34k (-67.4%) from ZAR10.9k to ZAR3.54k.

Destinations In January 2024, Precious Metal Ore were exported mostly to Germany (ZAR819M), United Kingdom (ZAR459M), Taiwan (ZAR26.9M), and Belgium (ZAR12.9M), and were imported mostly from Mali (ZAR3.16k) and South Africa (ZAR389).

Growth In January 2024, the decrease in Precious Metal Ore's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (ZAR-434M or -48.2%) and Germany (ZAR-109M or -6.63%). In January 2024, the decrease in Precious Metal Ore's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)ZAR-747M(-36.2%)

IMPORT GROWTH (December 2022 - January 2024)ZAR-7.34k(-67.4%)

MAIN EXPORTER (January 2024)O.r. Tambo Int AirportZAR1.28B

MAIN DESTINATION (January 2024)GermanyZAR819M

This section shows Precious Metal Ore'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 Precious Metal Ore over time.

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