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2023
Exports $1.34BWorld Rnk 7 / 158
Flag Rnk 17 / 1214
2023
Destination $137M Chinese Taipei
2022 - 2023
FASTEST GROWING MARKET $137MZimbabwe
2023
PRODUCT COMPLEXITY IN Corn-1.03Rnk 838 / 1025
2023
Imports $22.8MWorld Rnk 99 / 216
Flag Rnk 437 / 1211
2023
Origin $5.75M Zambia
2022 - 2023
FASTEST GROWING ORIGIN $5.75MZambia
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $1.34B in Corn, making it the 7th largest exporter of Corn in the world. At the same year, Corn was the 17th most exported product in South Africa. The main destination of Corn exports from South Africa are: Chinese Taipei ($192M), Japan ($182M), South Korea ($160M), Zimbabwe ($142M), and Mexico ($90.7M).

The fastest growing export markets for Corn of South Africa between 2022 and 2023 were Zimbabwe ($137M), South Korea ($76.7M), and China ($69.1M).

Imports In 2023, South Africa imported $22.8M in Corn, becoming the 99th largest importer of Corn in the world. At the same year, Corn was the 437th most imported product in South Africa. South Africa imports Corn primarily from: Zambia ($8.13M), United States ($6.57M), Chile ($6.38M), United Arab Emirates ($1.08M), and Zimbabwe ($213k).

The fastest growing import markets in Corn for South Africa between 2022 and 2023 were Zambia ($5.75M), Botswana ($94.4k), and Zimbabwe ($49k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Corn exports accounted up to ZAR1.45B and imports accounted up to ZAR357M, resulting in a positive trade balance of ZAR1.09B. Between November 2023 and November 2024 the exports of South Africa's   Corn have decreased by ZAR-131M (-8.28%) from ZAR1.58B to ZAR1.45B, while imports increased by ZAR327M (1.09k%) from ZAR30M to ZAR357M.

Destinations In November 2024, Corn were exported mostly to Zimbabwe (ZAR831M), Botswana (ZAR153M), Namibia (ZAR147M), Eswatini (ZAR86.1M), and Mozambique (ZAR74.8M), and were imported mostly from Brazil (ZAR201M), Chile (ZAR90.8M), Argentina (ZAR55.6M), New Zealand (ZAR6.74M), and United States (ZAR1.92M).

Growth In November 2024, the decrease in Corn's year-by-year exports was explained primarily by a decrease in exports to Kenya (ZAR-18.9M or -90.4%), Benin (ZAR-3.04M or -74.8%), and Ghana (ZAR-2.67M or -100%). In November 2024, the increase in Corn's year-by-year imports was explained primarily by an increase in imports from Zambia (ZAR133M or 35.9k%), Chile (ZAR5.16M or 721%), and United States (ZAR260k or 77.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-131M(-8.28%)
IMPORT GROWTH (November 2023 - November 2024)ZAR327M(1.09k%)
MAIN EXPORTER (November 2024)RamatlabamaZAR671M
MAIN DESTINATION (November 2024)ZimbabweZAR831M

This section shows Corn'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 Corn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.34B
IMPORTS (2023)$22.8M
NET TRADE (2023)$1.32B

In 2023, South Africa exported $1.34B in Corn. The main destinations of South Africa exports on Corn were Chinese Taipei ($192M), Japan ($182M), South Korea ($160M), Zimbabwe ($142M), and Mexico ($90.7M).

In 2023, South Africa imported $22.8M in Corn, mainly from Zambia ($8.13M), United States ($6.57M), Chile ($6.38M), United Arab Emirates ($1.08M), and Zimbabwe ($213k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Zimbabwe$137M (2.35k%)
South Korea$76.7M (91.9%)
China$69.1M (13.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY South Africa WERE (2022 - 2023):
Chinese Taipei-$167M (-46.5%)
Vietnam-$145M (-75%)
Japan-$90.2M (-33.2%)
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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 Corn were:
Brazil $14.4B
United States $14.4B
Argentina $6.62B
In 2023, South Africa's main importing competitors in Corn were:
China $7.56B
Mexico $5.8B
Japan $4.52B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $21.4M
TOP IMPORT POTENTIALUnited States+ $5.68M

Corn’s highest export potential is Mexico. With an export gap of $21.4M.   Corn’s highest import potential is United States with an import gap of $5.68M.

See methodology.

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