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2022
Exports $16.7MWorld Rnk 44 / 195
Flag Rnk 448 / 1213
2022
Destination $3.73M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $3.73MHong Kong
2022
PRODUCT COMPLEXITY IN Base Metal Watches0.41Rnk 406 / 1025
2022
Imports $82MWorld Rnk 40 / 220
Flag Rnk 227 / 1213
2022
Origin $9.72M Switzerland
2021 - 2022
FASTEST GROWING ORIGIN $9.72MSwitzerland
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $16.7M in Base Metal Watches, making it the 44th largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 448th most exported product in South Africa. The main destination of Base Metal Watches exports from South Africa are: Hong Kong ($10.4M), Namibia ($967k), United Kingdom ($735k), Botswana ($730k), and Singapore ($723k).

The fastest growing export markets for Base Metal Watches of South Africa between 2021 and 2022 were Hong Kong ($3.73M), United Kingdom ($696k), and Singapore ($360k).

Imports In 2022, South Africa imported $82M in Base Metal Watches, becoming the 40th largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 227th most imported product in South Africa. South Africa imports Base Metal Watches primarily from: Switzerland ($35.4M), China ($23.3M), Hong Kong ($9.84M), Germany ($6.73M), and United Kingdom ($1.08M).

The fastest growing import markets in Base Metal Watches for South Africa between 2021 and 2022 were Switzerland ($9.72M), Hong Kong ($7.8M), and Germany ($2.76M).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Base Metal Watches exports accounted up to ZAR1.02M and imports accounted up to ZAR94.6M, resulting in a negative trade balance of ZAR93.6M. Between June 2023 and June 2024 the exports of South Africa's   Base Metal Watches have decreased by ZAR-3.29M (-76.4%) from ZAR4.3M to ZAR1.02M, while imports increased by ZAR2.29M (2.48%) from ZAR92.3M to ZAR94.6M.

Destinations In June 2024, Base Metal Watches were exported mostly to Zimbabwe (ZAR293k), Botswana (ZAR193k), Namibia (ZAR190k), United Arab Emirates (ZAR157k), and Denmark (ZAR40.5k), and were imported mostly from Switzerland (ZAR54.4M), China (ZAR37M), Japan (ZAR924k), France (ZAR794k), and United States (ZAR504k).

Growth In June 2024, the decrease in Base Metal Watches's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (ZAR-789k or -98.6%), Botswana (ZAR-427k or -56.1%), and Zambia (ZAR-184k or -81.3%). In June 2024, the increase in Base Metal Watches's year-by-year imports was explained primarily by an increase in imports from Switzerland (ZAR4.19M or 8.64%), Netherlands (ZAR89.8k or 462%), and Thailand (ZAR42.4k or 11.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-3.29M(-76.4%)
IMPORT GROWTH (June 2023 - June 2024)ZAR2.29M(2.48%)
MAIN EXPORTER (June 2024)O.r. Tambo Int AirportZAR8.44M
MAIN DESTINATION (June 2024)ZimbabweZAR293k

This section shows Base Metal Watches'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 Base Metal Watches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.7M
IMPORTS (2022)$82M
NET TRADE (2022)-$65.3M

In 2022, South Africa exported $16.7M in Base Metal Watches. The main destinations of South Africa exports on Base Metal Watches were Hong Kong ($10.4M), Namibia ($967k), United Kingdom ($735k), Botswana ($730k), and Singapore ($723k).

In 2022, South Africa imported $82M in Base Metal Watches, mainly from Switzerland ($35.4M), China ($23.3M), Hong Kong ($9.84M), Germany ($6.73M), and United Kingdom ($1.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Base Metal Watches EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Hong Kong$3.73M (56.2%)
United Kingdom$696k (1.78k%)
Singapore$360k (99.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Base Metal Watches BY South Africa WERE (2021 - 2022):
Switzerland-$566k (-60.1%)
Cote d'Ivoire-$348k (-97.6%)
Mauritius-$107k (-33.3%)
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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 Base Metal Watches were:
Switzerland $16.1B
China $3.02B
Germany $1.18B
In 2022, South Africa's main importing competitors in Base Metal Watches were:
United States $3.57B
Hong Kong $2.82B
China $2.14B

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Trade Value of Base Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.34M
TOP IMPORT POTENTIALChina+ $3.5M

Base Metal Watches’s highest export potential is United States. With an export gap of $1.34M.   Base Metal Watches’s highest import potential is China with an import gap of $3.5M.

See methodology.

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