Overview In May 2023 South Africa's Unsaturated Acyclic Monocarboxylic Acids exports accounted up to ZAR121M and imports accounted up to ZAR60.1M, resulting in a positive trade balance of ZAR60.8M. Between May 2022 and May 2023 the exports of South Africa's Unsaturated Acyclic Monocarboxylic Acids have increased by ZAR71.6M (146%) from ZAR49.2M to ZAR121M, while imports decreased by ZAR-18.5M (-23.6%) from ZAR78.6M to ZAR60.1M.
Destinations In May 2023, Unsaturated Acyclic Monocarboxylic Acids were exported mostly to Belgium (ZAR60.6M), United States (ZAR26.1M), United Arab Emirates (ZAR8.92M), Democratic Republic of the Congo (ZAR8.48M), and Singapore (ZAR8.12M), and were imported mostly from China (ZAR26M), Saudi Arabia (ZAR21.7M), Taiwan (ZAR2.52M), India (ZAR2.27M), and South Korea (ZAR1.81M).
Growth In May 2023, the increase in Unsaturated Acyclic Monocarboxylic Acids's year-by-year exports was explained primarily by an increase in exports to Belgium (ZAR48.9M or 843%), United States (ZAR12.5M or 40.2%), and Singapore (ZAR2.8M or 57.3%). In May 2023, the decrease in Unsaturated Acyclic Monocarboxylic Acids's year-by-year imports was explained primarily by a decrease in imports from United States (ZAR-5.04M or -62.5%), India (ZAR-462k or -13.4%), and Italy (ZAR-428k or -64.2%).