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2023
Exports $112MWorld Rnk 5 / 99
Flag Rnk 127 / 1214
2023
Destination $3.72M United States
2022 - 2023
FASTEST GROWING MARKET $3.72MGermany
2023
PRODUCT COMPLEXITY IN Carbides-0.0074Rnk 560 / 1025
2023
Imports $8.22MWorld Rnk 37 / 179
Flag Rnk 655 / 1211
2023
Origin $226k China
2022 - 2023
FASTEST GROWING ORIGIN $226kAustria
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $112M in Carbides, making it the 5th largest exporter of Carbides in the world. At the same year, Carbides was the 127th most exported product in South Africa. The main destination of Carbides exports from South Africa are: United States ($53.8M), Netherlands ($19.9M), Germany ($10.2M), Australia ($5.67M), and United Kingdom ($5.03M).

The fastest growing export markets for Carbides of South Africa between 2022 and 2023 were Germany ($3.72M), Egypt ($913k), and United Arab Emirates ($652k).

Imports In 2023, South Africa imported $8.22M in Carbides, becoming the 37th largest importer of Carbides in the world. At the same year, Carbides was the 655th most imported product in South Africa. South Africa imports Carbides primarily from: China ($2.69M), Slovakia ($2.45M), Spain ($2.03M), Brazil ($366k), and Austria ($226k).

The fastest growing import markets in Carbides for South Africa between 2022 and 2023 were Austria ($226k), Israel ($194k), and Germany ($82.7k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Carbides exports accounted up to ZAR120M and imports accounted up to ZAR15.5M, resulting in a positive trade balance of ZAR105M. Between November 2023 and November 2024 the exports of South Africa's   Carbides have increased by ZAR23.6M (24.5%) from ZAR96.5M to ZAR120M, while imports decreased by ZAR-4.24M (-21.5%) from ZAR19.7M to ZAR15.5M.

Destinations In November 2024, Carbides were exported mostly to United States (ZAR99.5M), Netherlands (ZAR16.5M), Australia (ZAR1.87M), United Kingdom (ZAR734k), and Namibia (ZAR512k), and were imported mostly from China (ZAR6.57M), Brazil (ZAR4.44M), Spain (ZAR1.87M), Slovakia (ZAR1.45M), and Canada (ZAR539k).

Growth In November 2024, the increase in Carbides's year-by-year exports was explained primarily by an increase in exports to Australia (ZAR9.09M or 96.4%) and Germany (ZAR146k or 43.1%). In November 2024, the decrease in Carbides's year-by-year imports was explained primarily by a decrease in imports from China (ZAR-3.88M or -64%) and Czechia (ZAR-11.2k or -4.03%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR23.6M(24.5%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-4.24M(-21.5%)
MAIN EXPORTER (November 2024)Germiston/albertonZAR127M
MAIN DESTINATION (November 2024)United StatesZAR99.5M

This section shows Carbides'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 Carbides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$112M
IMPORTS (2023)$8.22M
NET TRADE (2023)$104M

In 2023, South Africa exported $112M in Carbides. The main destinations of South Africa exports on Carbides were United States ($53.8M), Netherlands ($19.9M), Germany ($10.2M), Australia ($5.67M), and United Kingdom ($5.03M).

In 2023, South Africa imported $8.22M in Carbides, mainly from China ($2.69M), Slovakia ($2.45M), Spain ($2.03M), Brazil ($366k), and Austria ($226k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carbides EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Germany$3.72M (57.6%)
Egypt$913k (182%)
United Arab Emirates$652k (17.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbides BY South Africa WERE (2022 - 2023):
United States-$12.3M (-18.6%)
Netherlands-$8.15M (-29.1%)
India-$1.7M (-67%)
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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 Carbides were:
China $859M
Austria $250M
Germany $154M
In 2023, South Africa's main importing competitors in Carbides were:
United States $371M
Germany $285M
Japan $276M

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Trade Value of Carbides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.6M
TOP IMPORT POTENTIALChina+ $1.29M

Carbides’s highest export potential is Germany. With an export gap of $2.6M.   Carbides’s highest import potential is China with an import gap of $1.29M.

See methodology.

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