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2022
Exports $54.3MWorld Rnk 22 / 196
Flag Rnk 224 / 1213
2022
Destination $2.06M United States
2021 - 2022
FASTEST GROWING MARKET $2.06MNetherlands
2022
PRODUCT COMPLEXITY IN Essential Oils-1.09Rnk 855 / 1025
2022
Imports $27.8MWorld Rnk 31 / 214
Flag Rnk 436 / 1213
2022
Origin $374k India
2021 - 2022
FASTEST GROWING ORIGIN $374kZimbabwe
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $54.3M in Essential Oils, making it the 22nd largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 224th most exported product in South Africa. The main destination of Essential Oils exports from South Africa are: United States ($15.2M), Netherlands ($8.01M), France ($4.58M), Germany ($3.54M), and United Kingdom ($2.68M).

The fastest growing export markets for Essential Oils of South Africa between 2021 and 2022 were Netherlands ($2.06M), India ($1.8M), and Germany ($888k).

Imports In 2022, South Africa imported $27.8M in Essential Oils, becoming the 31st largest importer of Essential Oils in the world. At the same year, Essential Oils was the 436th most imported product in South Africa. South Africa imports Essential Oils primarily from: India ($12.4M), United States ($2.82M), Eswatini ($2.02M), Ireland ($1.71M), and China ($1.04M).

The fastest growing import markets in Essential Oils for South Africa between 2021 and 2022 were Zimbabwe ($374k), Namibia ($117k), and Rwanda ($75.5k).

COMPANIES In 2023, leading companies such as Loblaws Supermarkets (87) were at the forefront of shipping Essential Oils from South Africa to the United States.

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Essential Oils exports accounted up to ZAR108M and imports accounted up to ZAR38M, resulting in a positive trade balance of ZAR69.7M. Between June 2023 and June 2024 the exports of South Africa's   Essential Oils have increased by ZAR24.7M (29.8%) from ZAR83M to ZAR108M, while imports increased by ZAR5.44M (16.7%) from ZAR32.6M to ZAR38M.

Destinations In June 2024, Essential Oils were exported mostly to United States (ZAR53.6M), Netherlands (ZAR12.1M), China (ZAR11.8M), Germany (ZAR6.66M), and Eswatini (ZAR4.19M), and were imported mostly from India (ZAR20.6M), United States (ZAR4.83M), China (ZAR3.15M), Eswatini (ZAR1.93M), and Netherlands (ZAR1.52M).

Growth In June 2024, the increase in Essential Oils's year-by-year exports was explained primarily by an increase in exports to Netherlands (ZAR24.3M or 1.15k%), Germany (ZAR10.8M or 359%), and United Kingdom (ZAR2.2M or 229%). In June 2024, the increase in Essential Oils's year-by-year imports was explained primarily by an increase in imports from Germany (ZAR3.83M or 339%), United Kingdom (ZAR2.34M or 96.8%), and Spain (ZAR1.51M or 903%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR24.7M(29.8%)
IMPORT GROWTH (June 2023 - June 2024)ZAR5.44M(16.7%)
MAIN EXPORTER (June 2024)Germiston/albertonZAR53M
MAIN DESTINATION (June 2024)United StatesZAR53.6M

This section shows Essential Oils'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 Essential Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$54.3M
IMPORTS (2022)$27.8M
NET TRADE (2022)$26.5M

In 2022, South Africa exported $54.3M in Essential Oils. The main destinations of South Africa exports on Essential Oils were United States ($15.2M), Netherlands ($8.01M), France ($4.58M), Germany ($3.54M), and United Kingdom ($2.68M).

In 2022, South Africa imported $27.8M in Essential Oils, mainly from India ($12.4M), United States ($2.82M), Eswatini ($2.02M), Ireland ($1.71M), and China ($1.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Netherlands$2.06M (34.6%)
India$1.8M (317%)
Germany$888k (33.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY South Africa WERE (2021 - 2022):
United States-$1.56M (-9.32%)
Namibia-$929k (-53.9%)
France-$721k (-13.6%)
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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 Essential Oils were:
India $879M
United States $693M
Brazil $425M
In 2022, South Africa's main importing competitors in Essential Oils were:
United States $1.25B
France $440M
Germany $357M

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.48M
TOP IMPORT POTENTIALIndia+ $1.67M

Essential Oils’s highest export potential is United States. With an export gap of $5.48M.   Essential Oils’s highest import potential is India with an import gap of $1.67M.

See methodology.

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