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2023
Exports $1.43MWorld Rnk 59 / 151
Flag Rnk 869 / 1214
2023
Destination $124k Zimbabwe
2022 - 2023
FASTEST GROWING MARKET $124kNigeria
2023
PRODUCT COMPLEXITY IN Coconut Oil-1.7Rnk 972 / 1025
2023
Imports $37.3MWorld Rnk 26 / 210
Flag Rnk 345 / 1211
2023
Origin $337k Indonesia
2022 - 2023
FASTEST GROWING ORIGIN $337kMozambique
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $1.43M in Coconut Oil, making it the 59th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 869th most exported product in South Africa. The main destination of Coconut Oil exports from South Africa are: Zimbabwe ($976k), Nigeria ($124k), Namibia ($120k), Botswana ($61.4k), and Eswatini ($28.3k).

The fastest growing export markets for Coconut Oil of South Africa between 2022 and 2023 were Nigeria ($124k), Botswana ($31.5k), and Tanzania ($20.7k).

Imports In 2023, South Africa imported $37.3M in Coconut Oil, becoming the 26th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 345th most imported product in South Africa. South Africa imports Coconut Oil primarily from: Indonesia ($27.5M), Malaysia ($6.21M), Mozambique ($2.41M), Philippines ($421k), and Singapore ($220k).

The fastest growing import markets in Coconut Oil for South Africa between 2022 and 2023 were Mozambique ($337k), India ($107k), and United Arab Emirates ($84.4k).

Latest Trends

December 2024

About

Overview In December 2024 South Africa's Coconut Oil exports accounted up to ZAR4.39M and imports accounted up to ZAR120M, resulting in a negative trade balance of ZAR115M. Between December 2023 and December 2024 the exports of South Africa's   Coconut Oil have increased by ZAR2.1M (91.9%) from ZAR2.29M to ZAR4.39M, while imports increased by ZAR66.8M (127%) from ZAR52.7M to ZAR120M.

Destinations In December 2024, Coconut Oil were exported mostly to Zimbabwe (ZAR3.48M), Botswana (ZAR432k), Namibia (ZAR276k), Zambia (ZAR79.5k), and Eswatini (ZAR57.7k), and were imported mostly from Indonesia (ZAR81.2M), Malaysia (ZAR25.7M), Mozambique (ZAR10.2M), Philippines (ZAR2.16M), and India (ZAR260k).

Growth In December 2024, the increase in Coconut Oil's year-by-year exports was explained primarily by an increase in exports to Botswana (ZAR25.7k or 86.5%), Zambia (ZAR25.2k or 237%), and Mozambique (ZAR5.35k or 16.1%). In December 2024, the increase in Coconut Oil's year-by-year imports was explained primarily by an increase in imports from Indonesia (ZAR28.5M or 1.08k%), Malaysia (ZAR2.13M or 18.9%), and Mozambique (ZAR1.97M or 295%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)ZAR2.1M(91.9%)
IMPORT GROWTH (December 2023 - December 2024)ZAR66.8M(127%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)ZimbabweZAR3.48M

This section shows Coconut Oil'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 Coconut Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.43M
IMPORTS (2023)$37.3M
NET TRADE (2023)-$35.9M

In 2023, South Africa exported $1.43M in Coconut Oil. The main destinations of South Africa exports on Coconut Oil were Zimbabwe ($976k), Nigeria ($124k), Namibia ($120k), Botswana ($61.4k), and Eswatini ($28.3k).

In 2023, South Africa imported $37.3M in Coconut Oil, mainly from Indonesia ($27.5M), Malaysia ($6.21M), Mozambique ($2.41M), Philippines ($421k), and Singapore ($220k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Nigeria$124k (1%)
Botswana$31.5k (105%)
Tanzania$20.7k (691k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY South Africa WERE (2022 - 2023):
Zimbabwe-$367k (-27.3%)
Eswatini-$54k (-65.6%)
Democratic Republic of the Congo-$10.8k (-88.5%)
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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 Coconut Oil were:
Indonesia $2.54B
Philippines $1.17B
Malaysia $1.09B
In 2023, South Africa's main importing competitors in Coconut Oil were:
United States $1.05B
China $893M
Germany $678M

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMozambique+ $10.5k
TOP IMPORT POTENTIALIndonesia+ $7.66M

Coconut Oil’s highest export potential is Mozambique. With an export gap of $10.5k.   Coconut Oil’s highest import potential is Indonesia with an import gap of $7.66M.

See methodology.

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