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Pricing

2022
Exports $48.5MWorld Rnk 56 / 192
Flag Rnk 249 / 1213
2022
Destination $29.4M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $29.4MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Gas Turbines0.71Rnk 270 / 1025
2022
Imports $126MWorld Rnk 69 / 207
Flag Rnk 166 / 1213
2022
Origin $24.3M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $24.3MFrance
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $48.5M in Gas Turbines, making it the 56th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 249th most exported product in South Africa. The main destination of Gas Turbines exports from South Africa are: United Kingdom ($30.2M), Canada ($3.16M), United States ($2.99M), France ($2.04M), and Kenya ($1.51M).

The fastest growing export markets for Gas Turbines of South Africa between 2021 and 2022 were United Kingdom ($29.4M), France ($2M), and Germany ($963k).

Imports In 2022, South Africa imported $126M in Gas Turbines, becoming the 69th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 166th most imported product in South Africa. South Africa imports Gas Turbines primarily from: United Kingdom ($30M), Canada ($28.6M), France ($26.9M), Germany ($13.1M), and United States ($10.9M).

The fastest growing import markets in Gas Turbines for South Africa between 2021 and 2022 were France ($24.3M), United Kingdom ($22M), and Canada ($5.35M).

Latest Trends

September 2024

About

Overview In September 2024 South Africa's Gas Turbines exports accounted up to ZAR9M and imports accounted up to ZAR226M, resulting in a negative trade balance of ZAR217M. Between September 2023 and September 2024 the exports of South Africa's   Gas Turbines have increased by ZAR1.84M (25.6%) from ZAR7.17M to ZAR9M, while imports decreased by ZAR-36.2M (-13.8%) from ZAR262M to ZAR226M.

Destinations In September 2024, Gas Turbines were exported mostly to United States (ZAR3.61M), Canada (ZAR3.04M), Poland (ZAR664k), United Kingdom (ZAR391k), and France (ZAR353k), and were imported mostly from United States (ZAR149M), Canada (ZAR31.6M), Poland (ZAR20.3M), France (ZAR13M), and China (ZAR6.24M).

Growth In September 2024, the increase in Gas Turbines's year-by-year exports was explained primarily by an increase in exports to Canada (ZAR267k or 73.6%) and Kenya (ZAR2.28k or 10.3%). In September 2024, the decrease in Gas Turbines's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (ZAR-20.2M or -64.8%), Switzerland (ZAR-438k or -51.7%), and Special Categories (ZAR-86.6k or -95.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)ZAR1.84M(25.6%)
IMPORT GROWTH (September 2023 - September 2024)ZAR-36.2M(-13.8%)
MAIN EXPORTER (September 2024)O.r. Tambo Int AirportZAR311M
MAIN DESTINATION (September 2024)United StatesZAR3.61M

This section shows Gas Turbines'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 Gas Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$48.5M
IMPORTS (2022)$126M
NET TRADE (2022)-$77.1M

In 2022, South Africa exported $48.5M in Gas Turbines. The main destinations of South Africa exports on Gas Turbines were United Kingdom ($30.2M), Canada ($3.16M), United States ($2.99M), France ($2.04M), and Kenya ($1.51M).

In 2022, South Africa imported $126M in Gas Turbines, mainly from United Kingdom ($30M), Canada ($28.6M), France ($26.9M), Germany ($13.1M), and United States ($10.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
United Kingdom$29.4M (3.62k%)
France$2M (5.16k%)
Germany$963k (1.69k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY South Africa WERE (2021 - 2022):
Ireland-$8.84M (-90.4%)
United States-$1.56M (-34.3%)
Ghana-$1.1M (-99.7%)
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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 Gas Turbines were:
United States $32.5B
United Kingdom $29.2B
France $13.6B
In 2022, South Africa's main importing competitors in Gas Turbines were:
United States $26.2B
United Kingdom $11.5B
China $9.91B

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.84M
TOP IMPORT POTENTIALUnited States+ $22.7M

Gas Turbines’s highest export potential is United States. With an export gap of $7.84M.   Gas Turbines’s highest import potential is United States with an import gap of $22.7M.

See methodology.

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