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2022
Exports $270MWorld Rnk 31 / 110
Flag Rnk 55 / 1213
2022
Destination $50.1M China
2021 - 2022
FASTEST GROWING MARKET $50.1MSouth Korea
2022
PRODUCT COMPLEXITY IN Copper Ore-1.94Rnk 995 / 1025
2022
Imports $1.25MWorld Rnk 44 / 117
Flag Rnk 985 / 1213
2022
Origin $726 Zambia
2021 - 2022
FASTEST GROWING ORIGIN $726United Kingdom
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $270M in Copper Ore, making it the 31st largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 55th most exported product in South Africa. The main destination of Copper Ore exports from South Africa are: China ($181M), South Korea ($50.1M), Bulgaria ($30.2M), Chinese Taipei ($8.1M), and Switzerland ($527k).

The fastest growing export markets for Copper Ore of South Africa between 2021 and 2022 were South Korea ($50.1M), Bulgaria ($30M), and Chinese Taipei ($5.69M).

Imports In 2022, South Africa imported $1.25M in Copper Ore, becoming the 44th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 985th most imported product in South Africa. South Africa imports Copper Ore primarily from: Zambia ($634k), Botswana ($501k), Democratic Republic of the Congo ($74.7k), Zimbabwe ($35.5k), and United Kingdom ($761).

The fastest growing import markets in Copper Ore for South Africa between 2021 and 2022 were United Kingdom ($726), Mexico ($613), and China ($171).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Copper Ore exports accounted up to ZAR201M and imports accounted up to ZAR16.6k, resulting in a positive trade balance of ZAR201M. Between August 2023 and August 2024 the exports of South Africa's   Copper Ore have decreased by ZAR-785M (-79.6%) from ZAR986M to ZAR201M, while imports decreased by ZAR-96.2k (-85.3%) from ZAR113k to ZAR16.6k.

Destinations In August 2024, Copper Ore were exported mostly to Mozambique (ZAR126M), China (ZAR69.1M), Chinese Taipei (ZAR6.03M), Namibia (ZAR400), and Botswana (ZAR200), and were imported mostly from Namibia (ZAR5.6k), Zambia (ZAR4.55k), Botswana (ZAR3.55k), Canada (ZAR2.04k), and United Kingdom (ZAR587).

Growth In August 2024, the decrease in Copper Ore's year-by-year exports was explained primarily by a decrease in exports to China (ZAR-5.49M or -59.8%). In August 2024, the decrease in Copper Ore's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR-785M(-79.6%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-96.2k(-85.3%)
MAIN EXPORTER (August 2024)KomatipoortZAR567M
MAIN DESTINATION (August 2024)MozambiqueZAR126M

This section shows Copper Ore'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 Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$270M
IMPORTS (2022)$1.25M
NET TRADE (2022)$269M

In 2022, South Africa exported $270M in Copper Ore. The main destinations of South Africa exports on Copper Ore were China ($181M), South Korea ($50.1M), Bulgaria ($30.2M), Chinese Taipei ($8.1M), and Switzerland ($527k).

In 2022, South Africa imported $1.25M in Copper Ore, mainly from Zambia ($634k), Botswana ($501k), Democratic Republic of the Congo ($74.7k), Zimbabwe ($35.5k), and United Kingdom ($761).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
South Korea$50.1M (1%)
Bulgaria$30M (14.4k%)
Chinese Taipei$5.69M (237%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY South Africa WERE (2021 - 2022):
Mozambique-$43.1M (-100%)
China-$24.8M (-12%)
Australia-$5.01M (-100%)
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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 Copper Ore were:
Chile $22.8B
Peru $13.5B
Indonesia $8.89B
In 2022, South Africa's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B
South Korea $6.27B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $120M
TOP IMPORT POTENTIALDemocratic Republic of the Congo+ $176k

Copper Ore’s highest export potential is China. With an export gap of $120M.   Copper Ore’s highest import potential is Democratic Republic of the Congo with an import gap of $176k.

See methodology.

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