Prepr binder for foundry in   South Africa

Overview In February 2024 South Africa's Prepr binder for foundry exports accounted up to ZAR245M and imports accounted up to ZAR588M, resulting in a negative trade balance of ZAR343M. Between February 2023 and February 2024 the exports of South Africa's   Prepr binder for foundry have increased by ZAR14.9M (6.48%) from ZAR230M to ZAR245M, while imports increased by ZAR49.1M (9.11%) from ZAR539M to ZAR588M.

Destinations In February 2024, Prepr binder for foundry were exported mostly to Zambia (ZAR28.7M), Democratic Republic of the Congo (ZAR22M), Namibia (ZAR21.4M), Australia (ZAR19.8M), and Mozambique (ZAR17.7M), and were imported mostly from Eswatini (ZAR326M), Germany (ZAR50.4M), China (ZAR46.8M), United Kingdom (ZAR26.3M), and United States (ZAR26M).

Growth In February 2024, the increase in Prepr binder for foundry's year-by-year exports was explained primarily by an increase in exports to Australia (ZAR14.4M or 146%), Zambia (ZAR11.5M or 45%), and Democratic Republic of the Congo (ZAR8.35M or 77.2%). In February 2024, the increase in Prepr binder for foundry's year-by-year imports was explained primarily by an increase in imports from Germany (ZAR48.9M or 137%), Eswatini (ZAR26.5M or 11%), and United Kingdom (ZAR9.74M or 113%).