Ground Nuts in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $15.7M in Ground Nuts, making it the 22nd largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 459th most exported product in South Africa. The main destination of Ground Nuts exports from South Africa are: Japan ($4.2M), Belgium ($3.68M), Mozambique ($3.11M), Zimbabwe ($1.48M), and Netherlands ($1.08M).

The fastest growing export markets for Ground Nuts of South Africa between 2021 and 2022 were Zimbabwe ($1.48M), Belgium ($537k), and Japan ($209k).

Imports In 2022, South Africa imported $21.6M in Ground Nuts, becoming the 27th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 489th most imported product in South Africa. South Africa imports Ground Nuts primarily from: Brazil ($9.33M), Malawi ($7.53M), Argentina ($2.33M), Zambia ($1.26M), and Namibia ($366k).

The fastest growing import markets in Ground Nuts for South Africa between 2021 and 2022 were Malawi ($4.25M), Zambia ($591k), and United States ($46.6k).

Latest Trends

February 2024

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Overview In February 2024 South Africa's Ground Nuts exports accounted up to ZAR8.97M and imports accounted up to ZAR54.3M, resulting in a negative trade balance of ZAR45.3M. Between February 2023 and February 2024 the exports of South Africa's Ground Nuts have decreased by ZAR-11.6M (-56.3%) from ZAR20.5M to ZAR8.97M, while imports increased by ZAR28.8M (113%) from ZAR25.5M to ZAR54.3M.

Destinations In February 2024, Ground Nuts were exported mostly to Japan (ZAR2.84M), Mozambique (ZAR2.3M), Netherlands (ZAR2.23M), Belgium (ZAR705k), and Eswatini (ZAR484k), and were imported mostly from Brazil (ZAR34.8M), Paraguay (ZAR10.8M), Malawi (ZAR4.62M), Mozambique (ZAR2.41M), and China (ZAR1.68M).

Growth In February 2024, the decrease in Ground Nuts's year-by-year exports was explained primarily by a decrease in exports to Netherlands (ZAR-2.26M or -79.9%) and Belgium (ZAR-2.06M or -24.7%). In February 2024, the increase in Ground Nuts's year-by-year imports was explained primarily by an increase in imports from Brazil (ZAR7M or 63%), Malawi (ZAR3.93M or 380%), and South Africa (ZAR3.66M or 666%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)ZAR-11.6M(-56.3%)

IMPORT GROWTH (February 2023 - February 2024)ZAR28.8M(113%)

MAIN EXPORTER (February 2024)DurbanZAR5.77M

MAIN DESTINATION (February 2024)JapanZAR2.84M

This section shows Ground Nuts'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 Ground Nuts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$15.7M

IMPORTS (2022)$21.6M

NET TRADE (2022)-$5.88M

In 2022, South Africa exported $15.7M in Ground Nuts. The main destinations of South Africa exports on Ground Nuts were Japan ($4.2M), Belgium ($3.68M), Mozambique ($3.11M), Zimbabwe ($1.48M), and Netherlands ($1.08M).

In 2022, South Africa imported $21.6M in Ground Nuts, mainly from Brazil ($9.33M), Malawi ($7.53M), Argentina ($2.33M), Zambia ($1.26M), and Namibia ($366k).

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