2022
Exports
$1.97BWorld Rnk 1 / 109
Flag Rnk 13 / 1213
2022
PRODUCT COMPLEXITY IN Precious Metal Ore
-1.71Rnk 973 / 1025
2022
Imports
$52.7kWorld Rnk 47 / 109
Flag Rnk 1168 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.076Rnk 59 / 133

About

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).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR-522M(-32.1%)
IMPORT GROWTH (July 2023 - August 2024)ZAR-135k(-96.4%)
MAIN EXPORTER (August 2024)O.r. Tambo Int AirportZAR1.68B
MAIN DESTINATION (August 2024)GermanyZAR584M

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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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.97B
IMPORTS (2022)$52.7k
NET TRADE (2022)$1.97B

In 2022, South Africa exported $1.97B in Precious Metal Ore. The main destinations of South Africa exports on Precious Metal Ore were Germany ($1.38B), United Kingdom ($565M), Chinese Taipei ($18.5M), Belgium ($2.29M), and China ($1.62M).

In 2022, South Africa imported $52.7k in Precious Metal Ore, mainly from Zambia ($31.1k), Burkina Faso ($9.59k), Canada ($6.23k), Zimbabwe ($1.95k), and Germany ($1.48k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
United Kingdom$310M (122%)
China$1.55M (2.13k%)
Namibia$1.1M (360%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY South Africa WERE (2021 - 2022):
Germany-$123M (-8.15%)
Chinese Taipei-$6.24M (-25.2%)
Belgium-$2.55M (-52.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Precious Metal Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $8.73M
TOP IMPORT POTENTIALCanada+ $9.8k

Precious Metal Ore’s highest export potential is China. With an export gap of $8.73M.   Precious Metal Ore’s highest import potential is Canada with an import gap of $9.8k.

See methodology.

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