Spices in South Africa | The Observatory of Economic Complexity

About

Exports In 2022, South Africa exported $67.9M in Spices, making it the 13th largest exporter of Spices in the world. At the same year, Spices was the 192nd most exported product in South Africa. The main destination of Spices exports from South Africa are: Botswana ($15.9M), Namibia ($11.5M), Eswatini ($8.67M), Lesotho ($6.83M), and Mozambique ($4.73M).

Imports In 2022, South Africa imported $23.5M in Spices, becoming the 31st largest importer of Spices in the world. At the same year, Spices was the 467th most imported product in South Africa. South Africa imports Spices primarily from: India ($13.5M), Nigeria ($1.6M), Turkey ($1.35M), Germany ($1.27M), and China ($1.25M).

The fastest growing import markets in Spices for South Africa between 2021 and 2022 were India ($1.24M), Japan ($71.4k), and Poland ($61.6k).

COMPANIES In 2023, leading companies such as LOBLAWS INC (11) were at the forefront of shipping Spices from South Africa to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Africa's Spices exports accounted up to ZAR119M and imports accounted up to ZAR45.2M, resulting in a positive trade balance of ZAR73.8M. Between February 2023 and February 2024 the exports of South Africa's Spices have increased by ZAR26.7M (29%) from ZAR92.2M to ZAR119M, while imports increased by ZAR17.9M (65.7%) from ZAR27.3M to ZAR45.2M.

Destinations In February 2024, Spices were exported mostly to Botswana (ZAR24.5M), Namibia (ZAR20M), Eswatini (ZAR17.3M), Mozambique (ZAR14.3M), and Zambia (ZAR8.9M), and were imported mostly from India (ZAR17.5M), China (ZAR5.2M), Turkey (ZAR4.78M), Egypt (ZAR3.27M), and Spain (ZAR2.43M).

Growth In February 2024, the increase in Spices's year-by-year exports was explained primarily by an increase in exports to Eswatini (ZAR2.07M or 20.6%), United Kingdom (ZAR1.26M or 58.4%), and Zambia (ZAR1.06M or 40.9%). In February 2024, the increase in Spices's year-by-year imports was explained primarily by an increase in imports from Nigeria (ZAR1.01M or 102%), Mozambique (ZAR1M or 27k%), and Turkey (ZAR414k or 45.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)ZAR26.7M(29%)

IMPORT GROWTH (February 2023 - February 2024)ZAR17.9M(65.7%)

MAIN EXPORTER (February 2024)SkilpadsnekZAR18.2M

MAIN DESTINATION (February 2024)BotswanaZAR24.5M

This section shows Spices'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 Spices over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$67.9M

IMPORTS (2022)$23.5M

NET TRADE (2022)$44.4M

In 2022, South Africa exported $67.9M in Spices. The main destinations of South Africa exports on Spices were Botswana ($15.9M), Namibia ($11.5M), Eswatini ($8.67M), Lesotho ($6.83M), and Mozambique ($4.73M).

In 2022, South Africa imported $23.5M in Spices, mainly from India ($13.5M), Nigeria ($1.6M), Turkey ($1.35M), Germany ($1.27M), and China ($1.25M).

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