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2022
Exports $4.85MWorld Rnk 31 / 146
Flag Rnk 660 / 1213
2022
Destination $183k Namibia
2021 - 2022
FASTEST GROWING MARKET $183kSri Lanka
2022
PRODUCT COMPLEXITY IN Pure Olive Oil-0.75Rnk 772 / 1025
2022
Imports $21MWorld Rnk 39 / 218
Flag Rnk 499 / 1213
2022
Origin $1.94M Spain
2021 - 2022
FASTEST GROWING ORIGIN $1.94MSpain
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $4.85M in Pure Olive Oil, making it the 31st largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 660th most exported product in South Africa. The main destination of Pure Olive Oil exports from South Africa are: Namibia ($872k), Botswana ($715k), Zambia ($707k), Malawi ($345k), and Eswatini ($338k).

The fastest growing export markets for Pure Olive Oil of South Africa between 2021 and 2022 were Sri Lanka ($183k), Zambia ($170k), and Mozambique ($146k).

Imports In 2022, South Africa imported $21M in Pure Olive Oil, becoming the 39th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 499th most imported product in South Africa. South Africa imports Pure Olive Oil primarily from: Spain ($11.6M), Italy ($7.66M), Portugal ($713k), Greece ($688k), and Turkey ($64.4k).

The fastest growing import markets in Pure Olive Oil for South Africa between 2021 and 2022 were Spain ($1.94M), Italy ($1.36M), and Greece ($143k).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Pure Olive Oil exports accounted up to ZAR9.39M and imports accounted up to ZAR24.9M, resulting in a negative trade balance of ZAR15.5M. Between August 2023 and August 2024 the exports of South Africa's   Pure Olive Oil have increased by ZAR2.57M (37.8%) from ZAR6.82M to ZAR9.39M, while imports decreased by ZAR-12.5M (-33.4%) from ZAR37.4M to ZAR24.9M.

Destinations In August 2024, Pure Olive Oil were exported mostly to United States (ZAR2.04M), Botswana (ZAR1.91M), Namibia (ZAR1.12M), Mozambique (ZAR842k), and United Kingdom (ZAR759k), and were imported mostly from Spain (ZAR11.8M), Italy (ZAR9.93M), Turkey (ZAR1.12M), Portugal (ZAR1.08M), and Cyprus (ZAR477k).

Growth In August 2024, the increase in Pure Olive Oil's year-by-year exports was explained primarily by an increase in exports to Botswana (ZAR341k or 63.8%), Namibia (ZAR162k or 30.2%), and Eswatini (ZAR153k or 123%). In August 2024, the decrease in Pure Olive Oil's year-by-year imports was explained primarily by a decrease in imports from Italy (ZAR-6.43M or -62.9%), Spain (ZAR-1.76M or -10.2%), and Greece (ZAR-1.05M or -81.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR2.57M(37.8%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-12.5M(-33.4%)
MAIN EXPORTER (August 2024)Cape TownZAR5.24M
MAIN DESTINATION (August 2024)United StatesZAR2.04M

This section shows Pure Olive Oil'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 Pure Olive Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.85M
IMPORTS (2022)$21M
NET TRADE (2022)-$16.1M

In 2022, South Africa exported $4.85M in Pure Olive Oil. The main destinations of South Africa exports on Pure Olive Oil were Namibia ($872k), Botswana ($715k), Zambia ($707k), Malawi ($345k), and Eswatini ($338k).

In 2022, South Africa imported $21M in Pure Olive Oil, mainly from Spain ($11.6M), Italy ($7.66M), Portugal ($713k), Greece ($688k), and Turkey ($64.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Sri Lanka$183k (1%)
Zambia$170k (31.6%)
Mozambique$146k (102%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY South Africa WERE (2021 - 2022):
Botswana-$201k (-22%)
Namibia-$167k (-16.1%)
Zimbabwe-$71.4k (-33.6%)
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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 Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
Portugal $962M
In 2022, South Africa's main importing competitors in Pure Olive Oil were:
Italy $2.17B
United States $1.76B
Spain $892M

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $310k
TOP IMPORT POTENTIALSpain+ $791k

Pure Olive Oil’s highest export potential is United States. With an export gap of $310k.   Pure Olive Oil’s highest import potential is Spain with an import gap of $791k.

See methodology.

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