2022
Exports
$17.6MWorld Rnk 31 / 158
Flag Rnk 436 / 1213
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.84Rnk 229 / 1025
2022
Imports
$32.8MWorld Rnk 40 / 213
Flag Rnk 397 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $17.6M in Industrial Furnaces, making it the 31st largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 436th most exported product in South Africa. The main destination of Industrial Furnaces exports from South Africa are: Poland ($3.56M), Zimbabwe ($3.42M), Australia ($1.13M), India ($1.07M), and Turkey ($905k).

The fastest growing export markets for Industrial Furnaces of South Africa between 2021 and 2022 were Poland ($3.56M), Zimbabwe ($3.19M), and Turkey ($899k).

Imports In 2022, South Africa imported $32.8M in Industrial Furnaces, becoming the 40th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 397th most imported product in South Africa. South Africa imports Industrial Furnaces primarily from: China ($10.2M), Germany ($4.07M), India ($4M), Italy ($3.7M), and United States ($2.56M).

The fastest growing import markets in Industrial Furnaces for South Africa between 2021 and 2022 were China ($3.84M), India ($3.42M), and Italy ($2.14M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-1.97M(-8.45%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-26.4M(-37.8%)
MAIN EXPORTER (June 2024)DurbanZAR27M
MAIN DESTINATION (June 2024)AustraliaZAR9.39M

This section shows Industrial Furnaces'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 Furnaces over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.6M
IMPORTS (2022)$32.8M
NET TRADE (2022)-$15.3M

In 2022, South Africa exported $17.6M in Industrial Furnaces. The main destinations of South Africa exports on Industrial Furnaces were Poland ($3.56M), Zimbabwe ($3.42M), Australia ($1.13M), India ($1.07M), and Turkey ($905k).

In 2022, South Africa imported $32.8M in Industrial Furnaces, mainly from China ($10.2M), Germany ($4.07M), India ($4M), Italy ($3.7M), and United States ($2.56M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Poland$3.56M (1%)
Zimbabwe$3.19M (1.38k%)
Turkey$899k (14.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY South Africa WERE (2021 - 2022):
Namibia-$3.19M (-92.1%)
Egypt-$2.31M (-99.8%)
Australia-$785k (-41.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, South Africa's main importing competitors in Industrial Furnaces were:

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $815k
TOP IMPORT POTENTIALChina+ $2.68M

Industrial Furnaces’s highest export potential is India. With an export gap of $815k.   Industrial Furnaces’s highest import potential is China with an import gap of $2.68M.

See methodology.

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