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2022
Exports $43.5MWorld Rnk 15 / 78
Flag Rnk 263 / 1213
2022
Destination $4.86M Senegal
2021 - 2022
FASTEST GROWING MARKET $4.86MKuwait
2022
PRODUCT COMPLEXITY IN Tanks and Armored vehicles-0.46Rnk 688 / 1025
2022
Imports $798kWorld Rnk 82 / 130
Flag Rnk 1036 / 1213
2022
Origin $339k India
2021 - 2022
FASTEST GROWING ORIGIN $339kIndia
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $43.5M in Tanks and Armored vehicles, making it the 15th largest exporter of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 263rd most exported product in South Africa. The main destination of Tanks and Armored vehicles exports from South Africa are: Senegal ($9.49M), Cote d'Ivoire ($9.34M), Kuwait ($4.86M), Ghana ($4.18M), and Niger ($3.26M).

The fastest growing export markets for Tanks and Armored vehicles of South Africa between 2021 and 2022 were Kuwait ($4.86M), Ghana ($4.18M), and Niger ($3.26M).

Imports In 2022, South Africa imported $798k in Tanks and Armored vehicles, becoming the 82nd largest importer of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 1036th most imported product in South Africa. South Africa imports Tanks and Armored vehicles primarily from: India ($409k), Thailand ($311k), United States ($36.8k), China ($34.9k), and Turkey ($2.82k).

The fastest growing import markets in Tanks and Armored vehicles for South Africa between 2021 and 2022 were India ($339k), China ($14.7k), and United States ($5.58k).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Tanks and Armored vehicles exports accounted up to ZAR136M and imports accounted up to ZAR14M, resulting in a positive trade balance of ZAR122M. Between August 2023 and August 2024 the exports of South Africa's   Tanks and Armored vehicles have increased by ZAR96.4M (244%) from ZAR39.5M to ZAR136M, while imports increased by ZAR5.95M (73.8%) from ZAR8.05M to ZAR14M.

Destinations In August 2024, Tanks and Armored vehicles were exported mostly to Unclassified (ZAR83.6M), Ecuador (ZAR41.7M), United States (ZAR8.99M), Kenya (ZAR884k), and Lesotho (ZAR579k), and were imported mostly from South Africa (ZAR14M).

Growth In August 2024, the increase in Tanks and Armored vehicles's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (ZAR165k or 117%). In August 2024, the increase in Tanks and Armored vehicles's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR96.4M(244%)
IMPORT GROWTH (June 2023 - August 2024)ZAR5.95M(73.8%)
MAIN EXPORTER (August 2024)DurbanZAR1.06B
MAIN DESTINATION (August 2024)UnclassifiedZAR83.6M

This section shows Tanks and Armored vehicles'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 Tanks and Armored vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$43.5M
IMPORTS (2022)$798k
NET TRADE (2022)$42.7M

In 2022, South Africa exported $43.5M in Tanks and Armored vehicles. The main destinations of South Africa exports on Tanks and Armored vehicles were Senegal ($9.49M), Cote d'Ivoire ($9.34M), Kuwait ($4.86M), Ghana ($4.18M), and Niger ($3.26M).

In 2022, South Africa imported $798k in Tanks and Armored vehicles, mainly from India ($409k), Thailand ($311k), United States ($36.8k), China ($34.9k), and Turkey ($2.82k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanks and Armored vehicles EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Kuwait$4.86M (1%)
Ghana$4.18M (1%)
Niger$3.26M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanks and Armored vehicles BY South Africa WERE (2021 - 2022):
Thailand-$12.4M (-96%)
Mali-$8.98M (-99.7%)
Mozambique-$7.37M (-99.6%)
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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 Tanks and Armored vehicles were:
United States $954M
Canada $954M
Germany $377M
In 2022, South Africa's main importing competitors in Tanks and Armored vehicles were:
Saudi Arabia $674M
United States $379M
Kuwait $304M

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Trade Value of Tanks and Armored vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.73M
TOP IMPORT POTENTIALUnited States+ $47.8k

Tanks and Armored vehicles’s highest export potential is United States. With an export gap of $1.73M.   Tanks and Armored vehicles’s highest import potential is United States with an import gap of $47.8k.

See methodology.

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