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2022
Exports $3.89MWorld Rnk 53 / 145
Flag Rnk 696 / 1213
2022
Destination $487k Australia
2021 - 2022
FASTEST GROWING MARKET $487kAustralia
2022
PRODUCT COMPLEXITY IN Synthetic Rubber0.49Rnk 369 / 1025
2022
Imports $136MWorld Rnk 31 / 209
Flag Rnk 154 / 1213
2022
Origin $8.2M Poland
2021 - 2022
FASTEST GROWING ORIGIN $8.2MChina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $3.89M in Synthetic Rubber, making it the 53rd largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 696th most exported product in South Africa. The main destination of Synthetic Rubber exports from South Africa are: Australia ($703k), Turkey ($472k), Zimbabwe ($410k), United Kingdom ($364k), and Zambia ($321k).

The fastest growing export markets for Synthetic Rubber of South Africa between 2021 and 2022 were Australia ($487k), Turkey ($288k), and United Kingdom ($219k).

Imports In 2022, South Africa imported $136M in Synthetic Rubber, becoming the 31st largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 154th most imported product in South Africa. South Africa imports Synthetic Rubber primarily from: Poland ($29M), China ($16.7M), Germany ($11.1M), Italy ($9.52M), and South Korea ($8.26M).

The fastest growing import markets in Synthetic Rubber for South Africa between 2021 and 2022 were China ($8.2M), Belgium ($6.41M), and Poland ($5.37M).

Latest Trends

October 2024

About

Overview In October 2024 South Africa's Synthetic Rubber exports accounted up to ZAR3.55M and imports accounted up to ZAR180M, resulting in a negative trade balance of ZAR177M. Between October 2023 and October 2024 the exports of South Africa's   Synthetic Rubber have increased by ZAR249k (7.55%) from ZAR3.3M to ZAR3.55M, while imports decreased by ZAR-8.6M (-4.55%) from ZAR189M to ZAR180M.

Destinations In October 2024, Synthetic Rubber were exported mostly to Kenya (ZAR1.1M), Namibia (ZAR811k), Australia (ZAR428k), Mozambique (ZAR312k), and Zimbabwe (ZAR309k), and were imported mostly from Italy (ZAR32.5M), Poland (ZAR31.8M), China (ZAR30.7M), Japan (ZAR15.4M), and Germany (ZAR8.94M).

Growth In October 2024, the increase in Synthetic Rubber's year-by-year exports was explained primarily by an increase in exports to Namibia (ZAR639k or 6.03k%). In October 2024, the decrease in Synthetic Rubber's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (ZAR-15M or -89.6%), China (ZAR-9.39M or -29.9%), and Russia (ZAR-3.61M or -49.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)ZAR249k(7.55%)
IMPORT GROWTH (October 2023 - October 2024)ZAR-8.6M(-4.55%)
MAIN EXPORTER (October 2024)DurbanZAR1.97M
MAIN DESTINATION (October 2024)KenyaZAR1.1M

This section shows Synthetic Rubber'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 Synthetic Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.89M
IMPORTS (2022)$136M
NET TRADE (2022)-$132M

In 2022, South Africa exported $3.89M in Synthetic Rubber. The main destinations of South Africa exports on Synthetic Rubber were Australia ($703k), Turkey ($472k), Zimbabwe ($410k), United Kingdom ($364k), and Zambia ($321k).

In 2022, South Africa imported $136M in Synthetic Rubber, mainly from Poland ($29M), China ($16.7M), Germany ($11.1M), Italy ($9.52M), and South Korea ($8.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Australia$487k (226%)
Turkey$288k (156%)
United Kingdom$219k (151%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY South Africa WERE (2021 - 2022):
Vietnam-$203k (-71.9%)
Mauritius-$101k (-69.2%)
Mozambique-$86.6k (-56.8%)
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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 Synthetic Rubber were:
South Korea $3.3B
Thailand $3.04B
United States $2.98B
In 2022, South Africa's main importing competitors in Synthetic Rubber were:
China $8.77B
United States $1.96B
India $1.33B

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $428k
TOP IMPORT POTENTIALChina+ $5.45M

Synthetic Rubber’s highest export potential is Turkey. With an export gap of $428k.   Synthetic Rubber’s highest import potential is China with an import gap of $5.45M.

See methodology.

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