Overview In May 2023 Komatipoort exported ZAR12.2B and imported ZAR967M, resulting in a positive trade balance of ZAR11.3B. Between May 2022 and May 2023 the exports of Komatipoort have increased by $1.41B (13%) from ZAR10.8B to ZAR12.2B, while imports increased by ZAR114M (13.3%) from ZAR853M to ZAR967M.
Trade In May 2023, the top exports of Komatipoort were Ferroalloys (ZAR4.04B), Chromium Ore (ZAR2.94B), Coal Briquettes (ZAR1.03B), Iron Ore (ZAR622M), and Calcium Phosphates (ZAR400M). In May 2023 the top imports of Komatipoort were Refined Petroleum (ZAR621M), Coal Tar Oil (ZAR76.9M), Fake Hair (ZAR70.3M), Aluminium Wire (ZAR36.1M), and Bran (ZAR31.7M).
Destinations In May 2023, Komatipoort exported mostly to Mozambique (ZAR7.95B), China (ZAR2.19B), Netherlands (ZAR278M), Switzerland (ZAR251M), and Germany (ZAR243M), and imported mostly from Mozambique (ZAR242M), United Arab Emirates (ZAR189M), Qatar (ZAR161M), India (ZAR95.2M), and Bahrain (ZAR84.7M).
Growth In May 2023, the increase in Komatipoort's year-by-year exports was explained primarily by an increase in exports to Mozambique (ZAR1.4B or 51%), China (ZAR498M or 185%), and United Arab Emirates (ZAR286M or 52.7%), and product exports increase in Ferroalloys (ZAR1.14B or 82.7%), Chromium Ore (ZAR697M or 119%), and Coal Briquettes (ZAR328M or 325%). In May 2023, the increase in Komatipoort's year-by-year imports was explained primarily by an increase in imports from United Arab Emirates (ZAR102M or 3.95k%), Bahrain (ZAR88M or 166%), and Mozambique (ZAR51.7M or 50%), and product imports increase in Refined Petroleum (ZAR172M or 140%), Fake Hair (ZAR18.5M or 72.7%), and Bananas (ZAR9.58M or 40%).