Overview: In January 2021 Komatipoort exported ZAR8.28B and imported ZAR319M, resulting in a positive trade balance of ZAR7.96B. Between January 2020 and January 2021 the exports of Komatipoort have increased by $3.76B (83.1%) from ZAR4.52B to ZAR8.28B, while imports decreased by ZAR-10.8M (-3.29%) from ZAR329M to ZAR319M.
Trade: In January 2021, the top exports of Komatipoort were Ferroalloys (ZAR2.75B), Chromium Ore (ZAR1.17B), Iron Ore (ZAR883M), Copper Ore (ZAR648M), and Coal Briquettes (ZAR202M). In January 2021 the top imports of Komatipoort were Refined Petroleum (ZAR123M), Other Locomotives (ZAR81.8M), Fake Hair (ZAR25.5M), Bananas (ZAR23.9M), and Aluminium Wire (ZAR16.3M).
Destinations: In January 2021, Komatipoort exported mostly to Mozambique (ZAR5.5B), United Arab Emirates (ZAR1.08B), Belgium (ZAR852M), China (ZAR539M), and Italy (ZAR90.6M), and imported mostly from Mozambique (ZAR103M), South Africa (ZAR86M), Bahrain (ZAR52.9M), Saudi Arabia (ZAR31.6M), and India (ZAR19.1M).
Growth: In January 2021, the increase in Komatipoort's year-by-year exports was explained primarily by an increase in exports to Mozambique (ZAR2.48B or 82.1%), Belgium (ZAR761M or 842%), and United Arab Emirates (ZAR513M or 90%), and product exports increase in Ferroalloys (ZAR1.2B or 77.6%), Chromium Ore (ZAR554M or 89.6%), and Copper Ore (ZAR428M or 195%). In January 2021, the decrease in Komatipoort's year-by-year imports was explained primarily by an decrease in imports from India (ZAR-57.1M or -74.9%), United Arab Emirates (ZAR-42.5M or -94.3%), and Mozambique (ZAR-15.4M or -13%), and product imports decrease in Refined Petroleum (ZAR-70M or -36.3%), Bananas (ZAR-10M or -29.6%), and Coconuts, Brazil Nuts, and Cashews (ZAR-5.63M or -98.5%).