Industrial Fatty Acids, Oils and Alcohols in South Africa | The Observatory of Economic Complexity

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Exports In 2023, South Africa exported $226M in Industrial Fatty Acids, Oils and Alcohols, making it the 39th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 70th most exported product in South Africa. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from South Africa are: Zambia ($28.2M), Democratic Republic of the Congo ($19.5M), India ($16.5M), Mozambique ($15.4M), and Zimbabwe ($13.6M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of South Africa between 2022 and 2023 were India ($4.86M), China ($3.71M), and Zimbabwe ($2.99M).

Imports In 2023, South Africa imported $415M in Industrial Fatty Acids, Oils and Alcohols, becoming the 38th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 43rd most imported product in South Africa. South Africa imports Industrial Fatty Acids, Oils and Alcohols primarily from: Eswatini ($163M), China ($74.3M), Germany ($43.6M), United States ($37.9M), and Netherlands ($11.9M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for South Africa between 2022 and 2023 were Eswatini ($11.5M), China ($8.7M), and United States ($6.48M).

Latest Trends

November 2024

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Overview In November 2024 South Africa's Industrial Fatty Acids, Oils and Alcohols exports accounted up to ZAR201M and imports accounted up to ZAR74.7M, resulting in a positive trade balance of ZAR126M. Between November 2023 and November 2024 the exports of South Africa's Industrial Fatty Acids, Oils and Alcohols have increased by ZAR59.2M (41.8%) from ZAR142M to ZAR201M, while imports increased by ZAR15.2M (25.5%) from ZAR59.5M to ZAR74.7M.

Destinations In November 2024, Industrial Fatty Acids, Oils and Alcohols were exported mostly to United States (ZAR87.1M), Singapore (ZAR57.2M), Belgium (ZAR28.4M), Japan (ZAR16.9M), and Ireland (ZAR6.7M), and were imported mostly from Malaysia (ZAR30.1M), India (ZAR22.8M), United States (ZAR7.55M), Indonesia (ZAR2.42M), and Egypt (ZAR2.01M).

Growth In November 2024, the increase in Industrial Fatty Acids, Oils and Alcohols's year-by-year exports was explained primarily by an increase in exports to Japan (ZAR2.57M or 10.5%), Netherlands (ZAR2M or 31%), and Singapore (ZAR816k or 4.81%). In November 2024, the increase in Industrial Fatty Acids, Oils and Alcohols's year-by-year imports was explained primarily by an increase in imports from Malaysia (ZAR43.6M or 230%), Argentina (ZAR3.95M or 471%), and Germany (ZAR3.44M or 3.98k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)ZAR59.2M(41.8%)

IMPORT GROWTH (November 2023 - November 2024)ZAR15.2M(25.5%)

MAIN EXPORTER (November 2024)DurbanZAR195M

MAIN DESTINATION (November 2024)United StatesZAR87.1M

This section shows Industrial Fatty Acids, Oils and Alcohols'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 Industrial Fatty Acids, Oils and Alcohols over time.

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