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2023
Exports $39.4MWorld Rnk 29 / 144
Flag Rnk 285 / 1214
2023
Destination $3.85M United States
2022 - 2023
FASTEST GROWING MARKET $3.85MChina
2023
PRODUCT COMPLEXITY IN Copper Bars0.22Rnk 487 / 1025
2023
Imports $7.97MWorld Rnk 64 / 209
Flag Rnk 663 / 1211
2023
Origin $687k India
2022 - 2023
FASTEST GROWING ORIGIN $687kChina
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $39.4M in Copper Bars, making it the 29th largest exporter of Copper Bars in the world. At the same year, Copper Bars was the 285th most exported product in South Africa. The main destination of Copper Bars exports from South Africa are: United States ($17.2M), China ($5.74M), Indonesia ($2.77M), United Kingdom ($2.04M), and Netherlands ($1.92M).

The fastest growing export markets for Copper Bars of South Africa between 2022 and 2023 were China ($3.85M), United States ($2.16M), and Egypt ($1.49M).

Imports In 2023, South Africa imported $7.97M in Copper Bars, becoming the 64th largest importer of Copper Bars in the world. At the same year, Copper Bars was the 663rd most imported product in South Africa. South Africa imports Copper Bars primarily from: India ($2.19M), South Korea ($1.42M), Germany ($1.33M), China ($1.06M), and United States ($294k).

The fastest growing import markets in Copper Bars for South Africa between 2022 and 2023 were China ($687k), South Korea ($500k), and Turkey ($243k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Copper Bars exports accounted up to ZAR65.2M and imports accounted up to ZAR29.2M, resulting in a positive trade balance of ZAR36M. Between November 2023 and November 2024 the exports of South Africa's   Copper Bars have decreased by ZAR-4.06M (-5.87%) from ZAR69.2M to ZAR65.2M, while imports increased by ZAR9.26M (46.5%) from ZAR19.9M to ZAR29.2M.

Destinations In November 2024, Copper Bars were exported mostly to China (ZAR32.7M), United States (ZAR19.2M), India (ZAR4.19M), Germany (ZAR3.31M), and Eswatini (ZAR2.76M), and were imported mostly from India (ZAR18.4M), Germany (ZAR9.69M), Spain (ZAR640k), Italy (ZAR190k), and Netherlands (ZAR102k).

Growth In November 2024, the decrease in Copper Bars's year-by-year exports was explained primarily by a decrease in exports to Democratic Republic of the Congo (ZAR-5.07M or -91.6%), Australia (ZAR-4.06M or -92.3%), and Eswatini (ZAR-407k or -93.4%). In November 2024, the increase in Copper Bars's year-by-year imports was explained primarily by an increase in imports from United States (ZAR1.46M or 737%), China (ZAR1.23M or 308%), and Chinese Taipei (ZAR60.3k or 207%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-4.06M(-5.87%)
IMPORT GROWTH (November 2023 - November 2024)ZAR9.26M(46.5%)
MAIN EXPORTER (November 2024)DurbanZAR89.7M
MAIN DESTINATION (November 2024)ChinaZAR32.7M

This section shows Copper Bars'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 Copper Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$39.4M
IMPORTS (2023)$7.97M
NET TRADE (2023)$31.4M

In 2023, South Africa exported $39.4M in Copper Bars. The main destinations of South Africa exports on Copper Bars were United States ($17.2M), China ($5.74M), Indonesia ($2.77M), United Kingdom ($2.04M), and Netherlands ($1.92M).

In 2023, South Africa imported $7.97M in Copper Bars, mainly from India ($2.19M), South Korea ($1.42M), Germany ($1.33M), China ($1.06M), and United States ($294k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Bars EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
China$3.85M (204%)
United States$2.16M (14.4%)
Egypt$1.49M (584%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Bars BY South Africa WERE (2022 - 2023):
Democratic Republic of the Congo-$1.13M (-64.4%)
Australia-$1.04M (-46.1%)
Zimbabwe-$545k (-54.3%)
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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 Copper Bars were:
Germany $1.03B
France $454M
Italy $444M
In 2023, South Africa's main importing competitors in Copper Bars were:
Germany $570M
United States $540M
Italy $440M

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Trade Value of Copper Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.24M
TOP IMPORT POTENTIALGermany+ $661k

Copper Bars’s highest export potential is United States. With an export gap of $2.24M.   Copper Bars’s highest import potential is Germany with an import gap of $661k.

See methodology.

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