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2022
Exports $1.61MWorld Rnk 11 / 48
Flag Rnk 843 / 1213
2022
Destination $686k India
2021 - 2022
FASTEST GROWING MARKET $686kZimbabwe
2022
Imports $149kWorld Rnk 26 / 93
Flag Rnk 1136 / 1213
2022
Origin $20 Brazil
2021 - 2022
FASTEST GROWING ORIGIN $20Angola
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $1.61M in Asbestos, making it the 11th largest exporter of Asbestos in the world. At the same year, Asbestos was the 843rd most exported product in South Africa. The main destination of Asbestos exports from South Africa are: India ($913k), Zimbabwe ($699k), Namibia ($1.98k), Botswana ($327), and Malawi ($188).

The fastest growing export markets for Asbestos of South Africa between 2021 and 2022 were Zimbabwe ($686k), Namibia ($1.98k), and Malawi ($188).

Imports In 2022, South Africa imported $149k in Asbestos, becoming the 26th largest importer of Asbestos in the world. At the same year, Asbestos was the 1136th most imported product in South Africa. South Africa imports Asbestos primarily from: Brazil ($149k), Botswana ($77), Angola ($20), and Namibia ($6).

The fastest growing import markets in Asbestos for South Africa between 2021 and 2022 were Angola ($20).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Asbestos exports accounted up to ZAR720 and imports accounted up to ZAR17, resulting in a positive trade balance of ZAR703. Between February 2020 and August 2024 the exports of South Africa's   Asbestos have decreased by ZAR-22.7k (-96.9%) from ZAR23.4k to ZAR720, while imports decreased by ZAR-983 (-98.3%) from ZAR1k to ZAR17.

Destinations In August 2024, Asbestos were exported mostly to , and were imported mostly from .

Growth In August 2024, the decrease in Asbestos's year-by-year exports was explained primarily by a decrease in exports to . In March 2024, the decrease in Asbestos's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2020 - August 2024)ZAR-22.7k(-96.9%)
IMPORT GROWTH (May 2015 - March 2024)ZAR-983(-98.3%)
MAIN EXPORTER (August 2024)GolelaZAR720
MAIN DESTINATION (August 2024)

This section shows Asbestos'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 Asbestos over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.61M
IMPORTS (2022)$149k
NET TRADE (2022)$1.47M

In 2022, South Africa exported $1.61M in Asbestos. The main destinations of South Africa exports on Asbestos were India ($913k), Zimbabwe ($699k), Namibia ($1.98k), Botswana ($327), and Malawi ($188).

In 2022, South Africa imported $149k in Asbestos, mainly from Brazil ($149k), Botswana ($77), Angola ($20), and Namibia ($6).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asbestos EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Zimbabwe$686k (5.41k%)
Namibia$1.98k (1%)
Malawi$188 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asbestos BY South Africa WERE (2021 - 2022):
India-$928k (-50.4%)
Eswatini-$1.44k (-100%)
Lesotho-$42 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Asbestos were:
Russia $232M
Brazil $97.4M
Kazakhstan $76.5M
In 2022, South Africa's main importing competitors in Asbestos were:
India $264M
Indonesia $54.7M
China $48.2M

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Trade Value of Asbestos by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $265k
TOP IMPORT POTENTIALBrazil+ $24k

Asbestos’s highest export potential is India. With an export gap of $265k.   Asbestos’s highest import potential is Brazil with an import gap of $24k.

See methodology.

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