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2023
Exports $172MWorld Rnk 44 / 223
Flag Rnk 89 / 1214
2023
Destination $6.2M Democratic Republic of the Congo
2022 - 2023
FASTEST GROWING MARKET $6.2MDemocratic Republic of the Congo
2023
PRODUCT COMPLEXITY IN Valves1.34Rnk 71 / 1025
2023
Imports $466MWorld Rnk 42 / 226
Flag Rnk 36 / 1211
2023
Origin $7.54M China
2022 - 2023
FASTEST GROWING ORIGIN $7.54MUnited States
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $172M in Valves, making it the 44th largest exporter of Valves in the world. At the same year, Valves was the 89th most exported product in South Africa. The main destination of Valves exports from South Africa are: Democratic Republic of the Congo ($32.7M), Mozambique ($15.9M), Botswana ($15.4M), Zimbabwe ($14M), and Namibia ($13.4M).

The fastest growing export markets for Valves of South Africa between 2022 and 2023 were Democratic Republic of the Congo ($6.2M), India ($3.12M), and Australia ($1.79M).

Imports In 2023, South Africa imported $466M in Valves, becoming the 42nd largest importer of Valves in the world. At the same year, Valves was the 36th most imported product in South Africa. South Africa imports Valves primarily from: China ($124M), Germany ($97.2M), United States ($61.2M), Italy ($28.7M), and India ($14.6M).

The fastest growing import markets in Valves for South Africa between 2022 and 2023 were United States ($7.54M), Finland ($1.63M), and Spain ($964k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Valves exports accounted up to ZAR182M and imports accounted up to ZAR779M, resulting in a negative trade balance of ZAR597M. Between November 2023 and November 2024 the exports of South Africa's   Valves have decreased by ZAR-10.2k (-0.0056%) from ZAR182M to ZAR182M, while imports increased by ZAR41.9M (5.68%) from ZAR737M to ZAR779M.

Destinations In November 2024, Valves were exported mostly to Zambia (ZAR32.8M), Namibia (ZAR25.2M), Mozambique (ZAR18.5M), Botswana (ZAR15.4M), and Democratic Republic of the Congo (ZAR13.9M), and were imported mostly from China (ZAR204M), Germany (ZAR157M), United States (ZAR104M), Italy (ZAR53.7M), and France (ZAR21.3M).

Growth In November 2024, the decrease in Valves's year-by-year exports was explained primarily by a decrease in exports to Zimbabwe (ZAR-4.56M or -30.7%), Brazil (ZAR-3.19M or -91.3%), and Malawi (ZAR-2.56M or -79.5%). In November 2024, the increase in Valves's year-by-year imports was explained primarily by an increase in imports from Germany (ZAR59.9M or 60.6%), China (ZAR39.6M or 17.3%), and Canada (ZAR22.3M or 792%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-10.2k(-0.0056%)
IMPORT GROWTH (November 2023 - November 2024)ZAR41.9M(5.68%)
MAIN EXPORTER (November 2024)Groblers BridgeZAR49.8M
MAIN DESTINATION (November 2024)ZambiaZAR32.8M

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$172M
IMPORTS (2023)$466M
NET TRADE (2023)-$294M

In 2023, South Africa exported $172M in Valves. The main destinations of South Africa exports on Valves were Democratic Republic of the Congo ($32.7M), Mozambique ($15.9M), Botswana ($15.4M), Zimbabwe ($14M), and Namibia ($13.4M).

In 2023, South Africa imported $466M in Valves, mainly from China ($124M), Germany ($97.2M), United States ($61.2M), Italy ($28.7M), and India ($14.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Democratic Republic of the Congo$6.2M (23.4%)
India$3.12M (368%)
Australia$1.79M (61.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY South Africa WERE (2022 - 2023):
Zimbabwe-$2.89M (-17.1%)
Nigeria-$1.56M (-70.9%)
Eswatini-$960k (-14.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Valves were:
China $20.5B
Germany $14.7B
United States $13.6B
In 2023, South Africa's main importing competitors in Valves were:
United States $16.7B
China $8B
Germany $7.83B

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10M
TOP IMPORT POTENTIALChina+ $45.9M

Valves’s highest export potential is United States. With an export gap of $10M.   Valves’s highest import potential is China with an import gap of $45.9M.

See methodology.

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