2022
Exports
$35.1MWorld Rnk 26 / 162
Flag Rnk 301 / 1213
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
$6.9MWorld Rnk 34 / 185
Flag Rnk 723 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $35.1M in Precious Stones, making it the 26th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 301st most exported product in South Africa. The main destination of Precious Stones exports from South Africa are: China ($16.7M), United States ($5.24M), Italy ($2.05M), Thailand ($1.87M), and Macau ($1.64M).

The fastest growing export markets for Precious Stones of South Africa between 2021 and 2022 were Macau ($1.64M), Thailand ($1.4M), and India ($368k).

Imports In 2022, South Africa imported $6.9M in Precious Stones, becoming the 34th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 723rd most imported product in South Africa. South Africa imports Precious Stones primarily from: United States ($1.84M), India ($1.39M), Thailand ($1.02M), Zimbabwe ($364k), and Madagascar ($346k).

The fastest growing import markets in Precious Stones for South Africa between 2021 and 2022 were United States ($946k), India ($892k), and Thailand ($528k).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR15.6M(81.5%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-4.64M(-32.6%)
MAIN EXPORTER (August 2024)Port ElizabethZAR26.1M
MAIN DESTINATION (August 2024)ChinaZAR20.8M

This section shows Precious Stones'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 Stones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$35.1M
IMPORTS (2022)$6.9M
NET TRADE (2022)$28.2M

In 2022, South Africa exported $35.1M in Precious Stones. The main destinations of South Africa exports on Precious Stones were China ($16.7M), United States ($5.24M), Italy ($2.05M), Thailand ($1.87M), and Macau ($1.64M).

In 2022, South Africa imported $6.9M in Precious Stones, mainly from United States ($1.84M), India ($1.39M), Thailand ($1.02M), Zimbabwe ($364k), and Madagascar ($346k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Macau$1.64M (1%)
Thailand$1.4M (297%)
India$368k (94.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY South Africa WERE (2021 - 2022):
China-$8.3M (-33.2%)
Italy-$5.61M (-73.2%)
United States-$1.13M (-17.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.5M
TOP IMPORT POTENTIALIndia+ $903k

Precious Stones’s highest export potential is China. With an export gap of $10.5M.   Precious Stones’s highest import potential is India with an import gap of $903k.

See methodology.

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