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2023
Exports $37.9MWorld Rnk 41 / 218
Flag Rnk 293 / 1214
2023
Destination $1.06M Democratic Republic of the Congo
2022 - 2023
FASTEST GROWING MARKET $1.06MDemocratic Republic of the Congo
2023
PRODUCT COMPLEXITY IN Ball Bearings1.17Rnk 116 / 1025
2023
Imports $205MWorld Rnk 36 / 221
Flag Rnk 87 / 1211
2023
Origin $2.62M China
2022 - 2023
FASTEST GROWING ORIGIN $2.62MBrazil
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $37.9M in Ball Bearings, making it the 41st largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 293rd most exported product in South Africa. The main destination of Ball Bearings exports from South Africa are: Democratic Republic of the Congo ($5.55M), Zimbabwe ($4.67M), Mozambique ($4.23M), Zambia ($3.8M), and Namibia ($2.73M).

The fastest growing export markets for Ball Bearings of South Africa between 2022 and 2023 were Democratic Republic of the Congo ($1.06M), Equatorial Guinea ($221k), and Djibouti ($210k).

Imports In 2023, South Africa imported $205M in Ball Bearings, becoming the 36th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 87th most imported product in South Africa. South Africa imports Ball Bearings primarily from: China ($51.4M), United States ($34.5M), Germany ($22.5M), Japan ($18.6M), and India ($10.7M).

The fastest growing import markets in Ball Bearings for South Africa between 2022 and 2023 were Brazil ($2.62M), Germany ($2.21M), and Poland ($1.61M).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Ball Bearings exports accounted up to ZAR29.8M and imports accounted up to ZAR362M, resulting in a negative trade balance of ZAR332M. Between November 2023 and November 2024 the exports of South Africa's   Ball Bearings have decreased by ZAR-976k (-3.17%) from ZAR30.8M to ZAR29.8M, while imports increased by ZAR48.9M (15.6%) from ZAR313M to ZAR362M.

Destinations In November 2024, Ball Bearings were exported mostly to Namibia (ZAR4.58M), Zambia (ZAR4.08M), Eswatini (ZAR3M), Mozambique (ZAR2.88M), and Botswana (ZAR2.85M), and were imported mostly from China (ZAR117M), United States (ZAR52.6M), Germany (ZAR36.1M), Japan (ZAR20.2M), and Romania (ZAR16.4M).

Growth In November 2024, the decrease in Ball Bearings's year-by-year exports was explained primarily by a decrease in exports to Sierra Leone (ZAR-11.7M or -96.8%), Democratic Republic of the Congo (ZAR-956k or -91.9%), and Ghana (ZAR-778k or -72.6%). In November 2024, the increase in Ball Bearings's year-by-year imports was explained primarily by an increase in imports from South Korea (ZAR20.7M or 374%), Brazil (ZAR6.61M or 245%), and India (ZAR5.41M or 70.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-976k(-3.17%)
IMPORT GROWTH (November 2023 - November 2024)ZAR48.9M(15.6%)
MAIN EXPORTER (November 2024)Groblers BridgeZAR11.4M
MAIN DESTINATION (November 2024)NamibiaZAR4.58M

This section shows Ball Bearings'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 Ball Bearings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$37.9M
IMPORTS (2023)$205M
NET TRADE (2023)-$167M

In 2023, South Africa exported $37.9M in Ball Bearings. The main destinations of South Africa exports on Ball Bearings were Democratic Republic of the Congo ($5.55M), Zimbabwe ($4.67M), Mozambique ($4.23M), Zambia ($3.8M), and Namibia ($2.73M).

In 2023, South Africa imported $205M in Ball Bearings, mainly from China ($51.4M), United States ($34.5M), Germany ($22.5M), Japan ($18.6M), and India ($10.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Democratic Republic of the Congo$1.06M (23.7%)
Equatorial Guinea$221k (47.9k%)
Djibouti$210k (1.76k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY South Africa WERE (2022 - 2023):
Zambia-$3.14M (-45.3%)
China-$851k (-42.9%)
Mali-$828k (-82.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Ball Bearings were:
China $6.46B
Germany $5.01B
Japan $4.28B
In 2023, South Africa's main importing competitors in Ball Bearings were:
Germany $4.37B
China $3.31B
United States $3.24B

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.91M
TOP IMPORT POTENTIALChina+ $14.6M

Ball Bearings’s highest export potential is United States. With an export gap of $3.91M.   Ball Bearings’s highest import potential is China with an import gap of $14.6M.

See methodology.

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