2022
Exports
$9.58MWorld Rnk 50 / 186
Flag Rnk 534 / 1213
2022
PRODUCT COMPLEXITY IN Electric Motor Parts
0.66Rnk 292 / 1025
2022
Imports
$53.1MWorld Rnk 54 / 219
Flag Rnk 307 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $9.58M in Electric Motor Parts, making it the 50th largest exporter of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 534th most exported product in South Africa. The main destination of Electric Motor Parts exports from South Africa are: Spain ($1.32M), United States ($1.28M), Zambia ($1.2M), Mozambique ($739k), and Germany ($635k).

The fastest growing export markets for Electric Motor Parts of South Africa between 2021 and 2022 were Zambia ($904k), Spain ($479k), and Mozambique ($434k).

Imports In 2022, South Africa imported $53.1M in Electric Motor Parts, becoming the 54th largest importer of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 307th most imported product in South Africa. South Africa imports Electric Motor Parts primarily from: China ($18.2M), Brazil ($11.4M), Germany ($5.9M), United Kingdom ($3.96M), and United States ($3.62M).

The fastest growing import markets in Electric Motor Parts for South Africa between 2021 and 2022 were China ($7.4M), Brazil ($6.29M), and Italy ($1.58M).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR8.09M(153%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-4.52M(-3.88%)
MAIN EXPORTER (August 2024)Port ElizabethZAR6.64M
MAIN DESTINATION (August 2024)SwedenZAR3.13M

This section shows Electric Motor Parts'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 Electric Motor Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.58M
IMPORTS (2022)$53.1M
NET TRADE (2022)-$43.5M

In 2022, South Africa exported $9.58M in Electric Motor Parts. The main destinations of South Africa exports on Electric Motor Parts were Spain ($1.32M), United States ($1.28M), Zambia ($1.2M), Mozambique ($739k), and Germany ($635k).

In 2022, South Africa imported $53.1M in Electric Motor Parts, mainly from China ($18.2M), Brazil ($11.4M), Germany ($5.9M), United Kingdom ($3.96M), and United States ($3.62M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motor Parts EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Zambia$904k (304%)
Spain$479k (57.2%)
Mozambique$434k (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motor Parts BY South Africa WERE (2021 - 2022):
Nigeria-$456k (-97.4%)
Sweden-$419k (-59.9%)
Latvia-$188k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Electric Motor Parts were:
China $6.95B
Germany $2.21B
Japan $1.62B
In 2022, South Africa's main importing competitors in Electric Motor Parts were:

Explore Visualizations

Trade Value of Electric Motor Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.85M
TOP IMPORT POTENTIALChina+ $7.94M

Electric Motor Parts’s highest export potential is United States. With an export gap of $1.85M.   Electric Motor Parts’s highest import potential is China with an import gap of $7.94M.

See methodology.

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