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2022
Exports $422MWorld Rnk 26 / 165
Flag Rnk 39 / 1213
2022
Destination $25.3M United States
2021 - 2022
FASTEST GROWING MARKET $25.3MBelgium
2022
PRODUCT COMPLEXITY IN Coated Flat-Rolled Iron0.04Rnk 538 / 1025
2022
Imports $528MWorld Rnk 35 / 218
Flag Rnk 36 / 1213
2022
Origin $15.2M China
2021 - 2022
FASTEST GROWING ORIGIN $15.2MGermany
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $422M in Coated Flat-Rolled Iron, making it the 26th largest exporter of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 39th most exported product in South Africa. The main destination of Coated Flat-Rolled Iron exports from South Africa are: United States ($141M), Belgium ($83.1M), Zimbabwe ($42.1M), Tanzania ($18.4M), and Germany ($16.8M).

The fastest growing export markets for Coated Flat-Rolled Iron of South Africa between 2021 and 2022 were Belgium ($25.3M), Germany ($16.1M), and China ($8.5M).

Imports In 2022, South Africa imported $528M in Coated Flat-Rolled Iron, becoming the 35th largest importer of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 36th most imported product in South Africa. South Africa imports Coated Flat-Rolled Iron primarily from: China ($374M), Germany ($43M), Japan ($27.7M), Belgium ($15.6M), and France ($15.6M).

The fastest growing import markets in Coated Flat-Rolled Iron for South Africa between 2021 and 2022 were Germany ($15.2M), Belgium ($9.16M), and France ($6.41M).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Coated Flat-Rolled Iron exports accounted up to ZAR182M and imports accounted up to ZAR637M, resulting in a negative trade balance of ZAR455M. Between June 2023 and June 2024 the exports of South Africa's   Coated Flat-Rolled Iron have decreased by ZAR-14.5M (-7.4%) from ZAR196M to ZAR182M, while imports decreased by ZAR-67M (-9.52%) from ZAR704M to ZAR637M.

Destinations In June 2024, Coated Flat-Rolled Iron were exported mostly to Tanzania (ZAR50.5M), Zimbabwe (ZAR28.9M), Eswatini (ZAR22.8M), Namibia (ZAR21.3M), and Zambia (ZAR18.5M), and were imported mostly from China (ZAR335M), Germany (ZAR108M), France (ZAR53.3M), Belgium (ZAR44.6M), and Malaysia (ZAR25.7M).

Growth In June 2024, the decrease in Coated Flat-Rolled Iron's year-by-year exports was explained primarily by a decrease in exports to Pakistan (ZAR-11.6M or -81.8%), Lesotho (ZAR-3.58M or -21%), and Namibia (ZAR-3.07M or -20.7%). In June 2024, the decrease in Coated Flat-Rolled Iron's year-by-year imports was explained primarily by a decrease in imports from Japan (ZAR-41.6M or -79%), China (ZAR-18.1M or -5.7%), and Austria (ZAR-7.08M or -52.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-14.5M(-7.4%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-67M(-9.52%)
MAIN EXPORTER (June 2024)Beit BridgeZAR65.4M
MAIN DESTINATION (June 2024)TanzaniaZAR50.5M

This section shows Coated Flat-Rolled Iron'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 Coated Flat-Rolled Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$422M
IMPORTS (2022)$528M
NET TRADE (2022)-$107M

In 2022, South Africa exported $422M in Coated Flat-Rolled Iron. The main destinations of South Africa exports on Coated Flat-Rolled Iron were United States ($141M), Belgium ($83.1M), Zimbabwe ($42.1M), Tanzania ($18.4M), and Germany ($16.8M).

In 2022, South Africa imported $528M in Coated Flat-Rolled Iron, mainly from China ($374M), Germany ($43M), Japan ($27.7M), Belgium ($15.6M), and France ($15.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coated Flat-Rolled Iron EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Belgium$25.3M (43.7%)
Germany$16.1M (2.52k%)
China$8.5M (67.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coated Flat-Rolled Iron BY South Africa WERE (2021 - 2022):
United States-$20.5M (-12.7%)
Zimbabwe-$9.41M (-18.3%)
Tanzania-$5.76M (-23.9%)
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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 Coated Flat-Rolled Iron were:
China $18B
South Korea $7.45B
Germany $4.59B
In 2022, South Africa's main importing competitors in Coated Flat-Rolled Iron were:
United States $7.12B
Germany $3.93B
Poland $3.01B

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Trade Value of Coated Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $32.9M
TOP IMPORT POTENTIALGermany+ $10.2M

Coated Flat-Rolled Iron’s highest export potential is United States. With an export gap of $32.9M.   Coated Flat-Rolled Iron’s highest import potential is Germany with an import gap of $10.2M.

See methodology.

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