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2022
Exports $3.05MWorld Rnk 35 / 155
Flag Rnk 729 / 1213
2022
Destination $193k Botswana
2021 - 2022
FASTEST GROWING MARKET $193kGhana
2022
PRODUCT COMPLEXITY IN Safes0.76Rnk 261 / 1025
2022
Imports $4.02MWorld Rnk 54 / 216
Flag Rnk 815 / 1213
2022
Origin $574k China
2021 - 2022
FASTEST GROWING ORIGIN $574kChina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $3.05M in Safes, making it the 35th largest exporter of Safes in the world. At the same year, Safes was the 729th most exported product in South Africa. The main destination of Safes exports from South Africa are: Botswana ($609k), Namibia ($564k), Eswatini ($233k), Ghana ($202k), and United States ($199k).

The fastest growing export markets for Safes of South Africa between 2021 and 2022 were Ghana ($193k), Seychelles ($96k), and United States ($85.8k).

Imports In 2022, South Africa imported $4.02M in Safes, becoming the 54th largest importer of Safes in the world. At the same year, Safes was the 815th most imported product in South Africa. South Africa imports Safes primarily from: China ($2.58M), South Korea ($437k), United States ($321k), United Arab Emirates ($175k), and Vietnam ($140k).

The fastest growing import markets in Safes for South Africa between 2021 and 2022 were China ($574k), United Arab Emirates ($174k), and South Korea ($105k).

Latest Trends

September 2024

About

Overview In September 2024 South Africa's Safes exports accounted up to ZAR4.09M and imports accounted up to ZAR3.36M, resulting in a positive trade balance of ZAR728k. Between September 2023 and September 2024 the exports of South Africa's   Safes have decreased by ZAR-3.59M (-46.7%) from ZAR7.67M to ZAR4.09M, while imports decreased by ZAR-1.32M (-28.2%) from ZAR4.68M to ZAR3.36M.

Destinations In September 2024, Safes were exported mostly to Namibia (ZAR2M), Botswana (ZAR632k), United Arab Emirates (ZAR484k), Zambia (ZAR302k), and Eswatini (ZAR217k), and were imported mostly from China (ZAR3.21M), Chinese Taipei (ZAR76.4k), France (ZAR26.3k), South Korea (ZAR11.9k), and Mexico (ZAR9.07k).

Growth In September 2024, the decrease in Safes's year-by-year exports was explained primarily by a decrease in exports to Malawi (ZAR-634k or -99.8%), Mozambique (ZAR-180k or -66.8%), and Namibia (ZAR-36.1k or -11.9%). In September 2024, the decrease in Safes's year-by-year imports was explained primarily by a decrease in imports from China (ZAR-1.06M or -33.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)ZAR-3.59M(-46.7%)
IMPORT GROWTH (September 2023 - September 2024)ZAR-1.32M(-28.2%)
MAIN EXPORTER (September 2024)JohannesburgZAR5.89M
MAIN DESTINATION (September 2024)NamibiaZAR2M

This section shows Safes'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 Safes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.05M
IMPORTS (2022)$4.02M
NET TRADE (2022)-$969k

In 2022, South Africa exported $3.05M in Safes. The main destinations of South Africa exports on Safes were Botswana ($609k), Namibia ($564k), Eswatini ($233k), Ghana ($202k), and United States ($199k).

In 2022, South Africa imported $4.02M in Safes, mainly from China ($2.58M), South Korea ($437k), United States ($321k), United Arab Emirates ($175k), and Vietnam ($140k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Safes EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Ghana$193k (2.11k%)
Seychelles$96k (1k%)
United States$85.8k (75.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Safes BY South Africa WERE (2021 - 2022):
Germany-$146k (-97.7%)
Canada-$99.7k (-100%)
Zambia-$83.9k (-34.9%)
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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 Safes were:
China $647M
Mexico $112M
Netherlands $70.9M
In 2022, South Africa's main importing competitors in Safes were:
United States $440M
Germany $150M
France $64.5M

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Trade Value of Safes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $308k
TOP IMPORT POTENTIALChina+ $471k

Safes’s highest export potential is United States. With an export gap of $308k.   Safes’s highest import potential is China with an import gap of $471k.

See methodology.

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