Overview In July 2021 Komatipoort exported ZAR5.68B and imported ZAR520M, resulting in a positive trade balance of ZAR5.16B. Between July 2020 and July 2021 the exports of Komatipoort have increased by $1.11B (24.4%) from ZAR4.57B to ZAR5.68B, while imports increased by ZAR77.7M (17.6%) from ZAR442M to ZAR520M.
Trade In July 2021, the top exports of Komatipoort were Iron Ore (ZAR1.7B), Ferroalloys (ZAR1.22B), Chromium Ore (ZAR976M), Raw Sugar (ZAR92.1M), and Cleaning Products (ZAR61.4M). In July 2021 the top imports of Komatipoort were Refined Petroleum (ZAR311M), Fake Hair (ZAR49.5M), Bananas (ZAR35.9M), Aluminium Wire (ZAR25.6M), and Bran (ZAR22.1M).
Destinations In July 2021, Komatipoort exported mostly to Mozambique (ZAR4.37B), United Arab Emirates (ZAR578M), China (ZAR434M), Belgium (ZAR128M), and Singapore (ZAR45.5M), and imported mostly from Mozambique (ZAR201M), United Arab Emirates (ZAR93.2M), Malaysia (ZAR74.2M), Bahrain (ZAR50.9M), and India (ZAR40.7M).
Growth In July 2021, the increase in Komatipoort's year-by-year exports was explained primarily by an increase in exports to Mozambique (ZAR1.1B or 33.6%), China (ZAR152M or 54%), and Belgium (ZAR84.2M or 190%), and product exports increase in Iron Ore (ZAR1.17B or 223%), Chromium Ore (ZAR288M or 41.9%), and Ferroalloys (ZAR198M or 19.4%). In July 2021, the increase in Komatipoort's year-by-year imports was explained primarily by an increase in imports from United Arab Emirates (ZAR90.7M or 3.64k%), Mozambique (ZAR34.3M or 20.6%), and Bahrain (ZAR25.5M or 101%), and product imports increase in Refined Petroleum (ZAR46.2M or 17.5%), Bran (ZAR12.9M or 139%), and Aluminium Wire (ZAR11.9M or 86.9%).