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2022
Exports $94.7MWorld Rnk 22 / 124
Flag Rnk 146 / 1213
2022
Destination $16.7M Zimbabwe
2021 - 2022
FASTEST GROWING MARKET $16.7MZimbabwe
2022
PRODUCT COMPLEXITY IN Soybean Meal-1.24Rnk 894 / 1025
2022
Imports $87.1MWorld Rnk 65 / 174
Flag Rnk 219 / 1213
2022
Origin $39.7k Argentina
2021 - 2022
FASTEST GROWING ORIGIN $39.7kZimbabwe
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $94.7M in Soybean Meal, making it the 22nd largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 146th most exported product in South Africa. The main destination of Soybean Meal exports from South Africa are: Zimbabwe ($30.8M), Eswatini ($20.2M), Botswana ($19.2M), Mozambique ($15.7M), and Namibia ($7.13M).

The fastest growing export markets for Soybean Meal of South Africa between 2021 and 2022 were Zimbabwe ($16.7M), Eswatini ($8.43M), and Botswana ($3.69M).

Imports In 2022, South Africa imported $87.1M in Soybean Meal, becoming the 65th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 219th most imported product in South Africa. South Africa imports Soybean Meal primarily from: Argentina ($84.6M), Zambia ($2.42M), Zimbabwe ($80.3k), Eswatini ($20.3k), and Botswana ($8.34k).

The fastest growing import markets in Soybean Meal for South Africa between 2021 and 2022 were Zimbabwe ($39.7k), Eswatini ($20.3k), and Botswana ($403).

Latest Trends

October 2024

About

Overview In October 2024 South Africa's Soybean Meal exports accounted up to ZAR159M and imports accounted up to ZAR269M, resulting in a negative trade balance of ZAR110M. Between October 2023 and October 2024 the exports of South Africa's   Soybean Meal have increased by ZAR77M (93.7%) from ZAR82.2M to ZAR159M, while imports increased by ZAR259M (2.55k%) from ZAR10.2M to ZAR269M.

Destinations In October 2024, Soybean Meal were exported mostly to Botswana (ZAR35.1M), Zimbabwe (ZAR34.7M), Mozambique (ZAR31.4M), Eswatini (ZAR30.1M), and Namibia (ZAR23.5M), and were imported mostly from Argentina (ZAR263M), Eswatini (ZAR6.06M), and United States (ZAR98).

Growth In October 2024, the increase in Soybean Meal's year-by-year exports was explained primarily by an increase in exports to Mozambique (ZAR12.4M or 116%), Eswatini (ZAR8.39M or 36%), and Botswana (ZAR959k or 3.56%). In October 2024, the increase in Soybean Meal's year-by-year imports was explained primarily by an increase in imports from Zambia (ZAR20.4M or 1.78k%) and Zimbabwe (ZAR99.9k or 79.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)ZAR77M(93.7%)
IMPORT GROWTH (October 2023 - October 2024)ZAR259M(2.55k%)
MAIN EXPORTER (October 2024)Beit BridgeZAR64.7M
MAIN DESTINATION (October 2024)BotswanaZAR35.1M

This section shows Soybean Meal'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 Soybean Meal over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$94.7M
IMPORTS (2022)$87.1M
NET TRADE (2022)$7.58M

In 2022, South Africa exported $94.7M in Soybean Meal. The main destinations of South Africa exports on Soybean Meal were Zimbabwe ($30.8M), Eswatini ($20.2M), Botswana ($19.2M), Mozambique ($15.7M), and Namibia ($7.13M).

In 2022, South Africa imported $87.1M in Soybean Meal, mainly from Argentina ($84.6M), Zambia ($2.42M), Zimbabwe ($80.3k), Eswatini ($20.3k), and Botswana ($8.34k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Zimbabwe$16.7M (118%)
Eswatini$8.43M (71.8%)
Botswana$3.69M (23.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY South Africa WERE (2021 - 2022):
Lesotho-$379k (-34.8%)
Angola-$241k (-95%)
Malawi-$233k (-29.7%)
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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 Soybean Meal were:
Argentina $12B
Brazil $10.4B
United States $5.2B
In 2022, South Africa's main importing competitors in Soybean Meal were:
Indonesia $2.92B
Vietnam $2.5B
Germany $1.71B

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRepublic of the Congo+ $49.8k
TOP IMPORT POTENTIALZambia+ $1.17M

Soybean Meal’s highest export potential is Republic of the Congo. With an export gap of $49.8k.   Soybean Meal’s highest import potential is Zambia with an import gap of $1.17M.

See methodology.

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