Overview In March 2023 Komatipoort exported ZAR13.2B and imported ZAR766M, resulting in a positive trade balance of ZAR12.4B. Between March 2022 and March 2023 the exports of Komatipoort have increased by $5.18B (64.4%) from ZAR8.03B to ZAR13.2B, while imports increased by ZAR253M (49.2%) from ZAR514M to ZAR766M.
Trade In March 2023, the top exports of Komatipoort were Ferroalloys (ZAR5.48B), Chromium Ore (ZAR3.03B), Coal Briquettes (ZAR840M), Iron Ore (ZAR778M), and Calcium Phosphates (ZAR412M). In March 2023 the top imports of Komatipoort were Refined Petroleum (ZAR505M), Fake Hair (ZAR64.3M), Aluminium Wire (ZAR37.7M), Coal Tar Oil (ZAR34.9M), and Bananas (ZAR24.8M).
Destinations In March 2023, Komatipoort exported mostly to Mozambique (ZAR6.97B), China (ZAR1.97B), United Arab Emirates (ZAR1.08B), Albania (ZAR729M), and Belgium (ZAR699M), and imported mostly from United Arab Emirates (ZAR273M), Mozambique (ZAR209M), Oman (ZAR111M), Thailand (ZAR44M), and India (ZAR38.2M).
Growth In March 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 March 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%).