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2023
Exports $488MWorld Rnk 11 / 186
Flag Rnk 30 / 1214
2023
Destination $46M United Kingdom
2022 - 2023
FASTEST GROWING MARKET $46MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Raw Sugar-1.88Rnk 988 / 1025
2023
Imports $283MWorld Rnk 40 / 225
Flag Rnk 62 / 1211
2023
Origin $18.6M Eswatini
2022 - 2023
FASTEST GROWING ORIGIN $18.6MEswatini
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $488M in Raw Sugar, making it the 11th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 30th most exported product in South Africa. The main destination of Raw Sugar exports from South Africa are: United Kingdom ($67.1M), Namibia ($65.2M), Spain ($45.2M), Malaysia ($45.1M), and United States ($34.2M).

The fastest growing export markets for Raw Sugar of South Africa between 2022 and 2023 were United Kingdom ($46M), Spain ($27.3M), and South Korea ($25.7M).

Imports In 2023, South Africa imported $283M in Raw Sugar, becoming the 40th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 62nd most imported product in South Africa. South Africa imports Raw Sugar primarily from: Eswatini ($233M), Thailand ($17.2M), Brazil ($14.6M), India ($5.99M), and United Arab Emirates ($5.38M).

The fastest growing import markets in Raw Sugar for South Africa between 2022 and 2023 were Eswatini ($18.6M), Thailand ($17.2M), and India ($5.98M).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Raw Sugar exports accounted up to ZAR622M and imports accounted up to ZAR455M, resulting in a positive trade balance of ZAR166M. Between November 2023 and November 2024 the exports of South Africa's   Raw Sugar have decreased by ZAR-315M (-33.6%) from ZAR937M to ZAR622M, while imports decreased by ZAR-127k (-0.028%) from ZAR456M to ZAR455M.

Destinations In November 2024, Raw Sugar were exported mostly to South Korea (ZAR152M), Chinese Taipei (ZAR119M), Namibia (ZAR97.5M), Madagascar (ZAR87.8M), and Botswana (ZAR57.7M), and were imported mostly from Eswatini (ZAR413M), Brazil (ZAR19.8M), Malawi (ZAR13.4M), Mauritius (ZAR3.14M), and Germany (ZAR2.8M).

Growth In November 2024, the decrease in Raw Sugar's year-by-year exports was explained primarily by a decrease in exports to Rwanda (ZAR-19.4M or -97.6%), Democratic Republic of the Congo (ZAR-2.64M or -83.8%), and Botswana (ZAR-1.92M or -10.9%). In November 2024, the decrease in Raw Sugar's year-by-year imports was explained primarily by a decrease in imports from Malawi (ZAR-5.74M or -99.9%), China (ZAR-1.95M or -99.9%), and Botswana (ZAR-655k or -83.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-315M(-33.6%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-127k(-0.028%)
MAIN EXPORTER (November 2024)DurbanZAR782M
MAIN DESTINATION (November 2024)South KoreaZAR152M

This section shows Raw Sugar'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 Raw Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$488M
IMPORTS (2023)$283M
NET TRADE (2023)$205M

In 2023, South Africa exported $488M in Raw Sugar. The main destinations of South Africa exports on Raw Sugar were United Kingdom ($67.1M), Namibia ($65.2M), Spain ($45.2M), Malaysia ($45.1M), and United States ($34.2M).

In 2023, South Africa imported $283M in Raw Sugar, mainly from Eswatini ($233M), Thailand ($17.2M), Brazil ($14.6M), India ($5.99M), and United Arab Emirates ($5.38M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
United Kingdom$46M (218%)
Spain$27.3M (153%)
South Korea$25.7M (39.5M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY South Africa WERE (2022 - 2023):
Hungary-$16.3M (-100%)
Romania-$16M (-100%)
Portugal-$13.2M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Raw Sugar were:
Brazil $16.2B
India $3.97B
Thailand $3.81B
In 2023, South Africa's main importing competitors in Raw Sugar were:
Indonesia $2.85B
United States $2.4B
China $2.24B

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.4M
TOP IMPORT POTENTIALBrazil+ $6.83M

Raw Sugar’s highest export potential is United States. With an export gap of $15.4M.   Raw Sugar’s highest import potential is Brazil with an import gap of $6.83M.

See methodology.

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