NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $2.82MWorld Rnk 36 / 103
Flag Rnk 749 / 1214
2023
Destination $764k Democratic Republic of the Congo
2022 - 2023
FASTEST GROWING MARKET $764kDemocratic Republic of the Congo
2023
PRODUCT COMPLEXITY IN Stainless Steel Ingots1.04Rnk 163 / 1025
2023
Imports $497kWorld Rnk 61 / 173
Flag Rnk 1050 / 1211
2023
Origin $97.6k Zambia
2022 - 2023
FASTEST GROWING ORIGIN $97.6kIndia
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $2.82M in Stainless Steel Ingots, making it the 36th largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 749th most exported product in South Africa. The main destination of Stainless Steel Ingots exports from South Africa are: Democratic Republic of the Congo ($2M), Namibia ($290k), South Korea ($261k), Botswana ($89.7k), and United Arab Emirates ($58.4k).

The fastest growing export markets for Stainless Steel Ingots of South Africa between 2022 and 2023 were Democratic Republic of the Congo ($764k), South Korea ($261k), and Botswana ($86.8k).

Imports In 2023, South Africa imported $497k in Stainless Steel Ingots, becoming the 61st largest importer of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 1050th most imported product in South Africa. South Africa imports Stainless Steel Ingots primarily from: Zambia ($221k), China ($119k), India ($97.6k), Australia ($17k), and United Kingdom ($10.3k).

The fastest growing import markets in Stainless Steel Ingots for South Africa between 2022 and 2023 were India ($97.6k), China ($94.5k), and Norway ($5.54k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Stainless Steel Ingots exports accounted up to ZAR838k and imports accounted up to ZAR148k, resulting in a positive trade balance of ZAR691k. Between November 2023 and November 2024 the exports of South Africa's   Stainless Steel Ingots have decreased by ZAR-1.23M (-59.5%) from ZAR2.07M to ZAR838k, while imports increased by ZAR67.8k (85.1%) from ZAR79.7k to ZAR148k.

Destinations In November 2024, Stainless Steel Ingots were exported mostly to Namibia (ZAR481k), Zambia (ZAR270k), Ethiopia (ZAR84.8k), and Botswana (ZAR2.89k), and were imported mostly from China (ZAR79k), France (ZAR40k), United Kingdom (ZAR26.4k), Spain (ZAR1.31k), and Ukraine (ZAR896).

Growth In November 2024, the decrease in Stainless Steel Ingots's year-by-year exports was explained primarily by a decrease in exports to Botswana (ZAR-86.2k or -96.3%) and Lesotho (ZAR-33k or -93.7%). In November 2024, the increase in Stainless Steel Ingots's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-1.23M(-59.5%)
IMPORT GROWTH (November 2023 - November 2024)ZAR67.8k(85.1%)
MAIN EXPORTER (November 2024)KopfonteinZAR2.85M
MAIN DESTINATION (November 2024)NamibiaZAR481k

This section shows Stainless Steel Ingots'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 Stainless Steel Ingots over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$2.82M
IMPORTS (2023)$497k
NET TRADE (2023)$2.32M

In 2023, South Africa exported $2.82M in Stainless Steel Ingots. The main destinations of South Africa exports on Stainless Steel Ingots were Democratic Republic of the Congo ($2M), Namibia ($290k), South Korea ($261k), Botswana ($89.7k), and United Arab Emirates ($58.4k).

In 2023, South Africa imported $497k in Stainless Steel Ingots, mainly from Zambia ($221k), China ($119k), India ($97.6k), Australia ($17k), and United Kingdom ($10.3k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Ingots EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Democratic Republic of the Congo$764k (61.8%)
South Korea$261k (1%)
Botswana$86.8k (3.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Ingots BY South Africa WERE (2022 - 2023):
Philippines-$24.7k (-100%)
Kenya-$23.5k (-100%)
Lesotho-$19.6k (-94.3%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Stainless Steel Ingots were:
Indonesia $2.88B
United Kingdom $759M
Sweden $298M
In 2023, South Africa's main importing competitors in Stainless Steel Ingots were:
India $1.42B
China $1.25B
Belgium $426M

Explore Visualizations

Trade Value of Stainless Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $9.02k
TOP IMPORT POTENTIALItaly+ $194k

Stainless Steel Ingots’s highest export potential is United Arab Emirates. With an export gap of $9.02k.   Stainless Steel Ingots’s highest import potential is Italy with an import gap of $194k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms