2023
Exports
$18.6MWorld Rnk 26 / 140
Flag Rnk 414 / 1214
2023
PRODUCT COMPLEXITY IN Waxes
0.63Rnk 314 / 1025
2023
Imports
$16MWorld Rnk 37 / 208
Flag Rnk 520 / 1211
2023
ECONOMIC COMPLEXITY of South Africa
0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $18.6M in Waxes, making it the 26th largest exporter of Waxes in the world. At the same year, Waxes was the 414th most exported product in South Africa. The main destination of Waxes exports from South Africa are: United States ($8.71M), Zimbabwe ($1.27M), Germany ($1.17M), Austria ($1.12M), and Malawi ($964k).

The fastest growing export markets for Waxes of South Africa between 2022 and 2023 were Malawi ($606k), Zambia ($498k), and Germany ($474k).

Imports In 2023, South Africa imported $16M in Waxes, becoming the 37th largest importer of Waxes in the world. At the same year, Waxes was the 520th most imported product in South Africa. South Africa imports Waxes primarily from: Germany ($4.38M), Singapore ($2.4M), Spain ($1.99M), United States ($1.49M), and China ($1.43M).

The fastest growing import markets in Waxes for South Africa between 2022 and 2023 were Singapore ($1.16M), United Kingdom ($354k), and Malaysia ($89.9k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)ZAR-1.97M(-13.6%)
IMPORT GROWTH (December 2023 - December 2024)ZAR-4.49M(-22.7%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesZAR5.12M

This section shows Waxes'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 Waxes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$18.6M
IMPORTS (2023)$16M
NET TRADE (2023)$2.61M

In 2023, South Africa exported $18.6M in Waxes. The main destinations of South Africa exports on Waxes were United States ($8.71M), Zimbabwe ($1.27M), Germany ($1.17M), Austria ($1.12M), and Malawi ($964k).

In 2023, South Africa imported $16M in Waxes, mainly from Germany ($4.38M), Singapore ($2.4M), Spain ($1.99M), United States ($1.49M), and China ($1.43M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Waxes EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Malawi$606k (170%)
Zambia$498k (139%)
Germany$474k (68.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waxes BY South Africa WERE (2022 - 2023):
Chinese Taipei-$413k (-53.9%)
United States-$404k (-4.43%)
Ecuador-$184k (-83%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Waxes were:
In 2023, South Africa's main importing competitors in Waxes were:

Explore Visualizations

Trade Value of Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $977k
TOP IMPORT POTENTIALChina+ $1.07M

Waxes’s highest export potential is United States. With an export gap of $977k.   Waxes’s highest import potential is China with an import gap of $1.07M.

See methodology.

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