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2022
Exports $58.1MWorld Rnk 5 / 109
Flag Rnk 213 / 1213
2022
Destination $5.48M China
2021 - 2022
FASTEST GROWING MARKET $5.48MBrazil
2022
PRODUCT COMPLEXITY IN Synthetic Tanning Extracts-0.0094Rnk 550 / 1025
2022
Imports $9.29MWorld Rnk 23 / 180
Flag Rnk 661 / 1213
2022
Origin $520k Germany
2021 - 2022
FASTEST GROWING ORIGIN $520kEswatini
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $58.1M in Synthetic Tanning Extracts, making it the 5th largest exporter of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 213th most exported product in South Africa. The main destination of Synthetic Tanning Extracts exports from South Africa are: China ($9.33M), Brazil ($8.27M), Mexico ($4.85M), Italy ($3.78M), and Argentina ($2.7M).

The fastest growing export markets for Synthetic Tanning Extracts of South Africa between 2021 and 2022 were Brazil ($5.48M), Italy ($2.79M), and Argentina ($1.62M).

Imports In 2022, South Africa imported $9.29M in Synthetic Tanning Extracts, becoming the 23rd largest importer of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 661st most imported product in South Africa. South Africa imports Synthetic Tanning Extracts primarily from: Germany ($2.14M), France ($1.85M), Netherlands ($1.27M), South Korea ($1.13M), and Eswatini ($672k).

The fastest growing import markets in Synthetic Tanning Extracts for South Africa between 2021 and 2022 were Eswatini ($520k), India ($325k), and Italy ($259k).

Latest Trends

July 2024

About

Overview In July 2024 South Africa's Synthetic Tanning Extracts exports accounted up to ZAR92.1M and imports accounted up to ZAR6.96M, resulting in a positive trade balance of ZAR85.1M. Between July 2023 and July 2024 the exports of South Africa's   Synthetic Tanning Extracts have increased by ZAR23.2M (33.7%) from ZAR68.9M to ZAR92.1M, while imports decreased by ZAR-2M (-22.3%) from ZAR8.96M to ZAR6.96M.

Destinations In July 2024, Synthetic Tanning Extracts were exported mostly to China (ZAR20M), Brazil (ZAR14.8M), Thailand (ZAR13.9M), Mexico (ZAR10.7M), and Pakistan (ZAR8.43M), and were imported mostly from Germany (ZAR2.15M), France (ZAR1.49M), Netherlands (ZAR819k), Chinese Taipei (ZAR696k), and India (ZAR368k).

Growth In July 2024, the increase in Synthetic Tanning Extracts's year-by-year exports was explained primarily by an increase in exports to Brazil (ZAR10.5M or 153%), Japan (ZAR9.89M or 2.5k%), and United States (ZAR4.51M or 436%). In July 2024, the decrease in Synthetic Tanning Extracts's year-by-year imports was explained primarily by a decrease in imports from South Korea (ZAR-261k or -78.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)ZAR23.2M(33.7%)
IMPORT GROWTH (July 2023 - July 2024)ZAR-2M(-22.3%)
MAIN EXPORTER (July 2024)DurbanZAR92M
MAIN DESTINATION (July 2024)ChinaZAR20M

This section shows Synthetic Tanning Extracts'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 Tanning Extracts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$58.1M
IMPORTS (2022)$9.29M
NET TRADE (2022)$48.9M

In 2022, South Africa exported $58.1M in Synthetic Tanning Extracts. The main destinations of South Africa exports on Synthetic Tanning Extracts were China ($9.33M), Brazil ($8.27M), Mexico ($4.85M), Italy ($3.78M), and Argentina ($2.7M).

In 2022, South Africa imported $9.29M in Synthetic Tanning Extracts, mainly from Germany ($2.14M), France ($1.85M), Netherlands ($1.27M), South Korea ($1.13M), and Eswatini ($672k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Tanning Extracts EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Brazil$5.48M (196%)
Italy$2.79M (283%)
Argentina$1.62M (149%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Tanning Extracts BY South Africa WERE (2021 - 2022):
Bangladesh-$848k (-30.9%)
India-$388k (-32.8%)
Zimbabwe-$266k (-59.8%)
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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 Tanning Extracts were:
Italy $123M
Germany $86.6M
Spain $66.2M
In 2022, South Africa's main importing competitors in Synthetic Tanning Extracts were:
China $86.5M
Italy $56.3M
Brazil $42.3M

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Trade Value of Synthetic Tanning Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $784k
TOP IMPORT POTENTIALIndia+ $284k

Synthetic Tanning Extracts’s highest export potential is China. With an export gap of $784k.   Synthetic Tanning Extracts’s highest import potential is India with an import gap of $284k.

See methodology.

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