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2022
Exports $328kWorld Rnk 25 / 99
Flag Rnk 1036 / 1213
2022
Destination $161k Botswana
2021 - 2022
FASTEST GROWING MARKET $161kBotswana
2022
PRODUCT COMPLEXITY IN Ground Nut Oil-1.93Rnk 993 / 1025
2022
Imports $411kWorld Rnk 29 / 185
Flag Rnk 1085 / 1213
2022
Origin $259k India
2021 - 2022
FASTEST GROWING ORIGIN $259kIndia
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $328k in Ground Nut Oil, making it the 25th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1036th most exported product in South Africa. The main destination of Ground Nut Oil exports from South Africa are: Botswana ($223k), Lesotho ($60.1k), Zambia ($19.9k), Namibia ($11.4k), and Singapore ($9.79k).

The fastest growing export markets for Ground Nut Oil of South Africa between 2021 and 2022 were Botswana ($161k), Lesotho ($47.4k), and Zambia ($19.7k).

Imports In 2022, South Africa imported $411k in Ground Nut Oil, becoming the 29th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1085th most imported product in South Africa. South Africa imports Ground Nut Oil primarily from: India ($305k), United Kingdom ($73.6k), Germany ($13.2k), Belgium ($12.6k), and Israel ($5k).

The fastest growing import markets in Ground Nut Oil for South Africa between 2021 and 2022 were India ($259k), United Kingdom ($62.9k), and Israel ($5k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Ground Nut Oil exports accounted up to ZAR320k and imports accounted up to ZAR3.41M, resulting in a negative trade balance of ZAR3.09M. Between June 2023 and June 2024 the exports of South Africa's   Ground Nut Oil have decreased by ZAR-183k (-36.4%) from ZAR503k to ZAR320k, while imports increased by ZAR1.57M (85.7%) from ZAR1.83M to ZAR3.41M.

Destinations In June 2024, Ground Nut Oil were exported mostly to Botswana (ZAR319k) and Zimbabwe (ZAR936), and were imported mostly from India (ZAR3.06M) and United Kingdom (ZAR349k).

Growth In June 2024, the decrease in Ground Nut Oil's year-by-year exports was explained primarily by a decrease in exports to Botswana (ZAR-70k or -31%). In June 2024, the increase in Ground Nut Oil's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-183k(-36.4%)
IMPORT GROWTH (June 2023 - June 2024)ZAR1.57M(85.7%)
MAIN EXPORTER (June 2024)SkilpadshekZAR309k
MAIN DESTINATION (June 2024)BotswanaZAR319k

This section shows Ground Nut Oil'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 Ground Nut Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$328k
IMPORTS (2022)$411k
NET TRADE (2022)-$83.9k

In 2022, South Africa exported $328k in Ground Nut Oil. The main destinations of South Africa exports on Ground Nut Oil were Botswana ($223k), Lesotho ($60.1k), Zambia ($19.9k), Namibia ($11.4k), and Singapore ($9.79k).

In 2022, South Africa imported $411k in Ground Nut Oil, mainly from India ($305k), United Kingdom ($73.6k), Germany ($13.2k), Belgium ($12.6k), and Israel ($5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Botswana$161k (262%)
Lesotho$47.4k (376%)
Zambia$19.7k (10.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY South Africa WERE (2021 - 2022):
Namibia-$40k (-77.8%)
Eswatini-$18.4k (-97.9%)
Zimbabwe-$15.2k (-94.8%)
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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 Ground Nut Oil were:
Brazil $277M
India $156M
Argentina $128M
In 2022, South Africa's main importing competitors in Ground Nut Oil were:
China $475M
Italy $65.8M
United States $54.3M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $4.33k
TOP IMPORT POTENTIALIndia+ $115k

Ground Nut Oil’s highest export potential is Singapore. With an export gap of $4.33k.   Ground Nut Oil’s highest import potential is India with an import gap of $115k.

See methodology.

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