2023
Exports
$2.45MWorld Rnk 39 / 140
Flag Rnk 780 / 1214
2023
PRODUCT COMPLEXITY IN Insect Resins
-2.36Rnk 1014 / 1025
2023
Imports
$7.73MWorld Rnk 28 / 191
Flag Rnk 673 / 1211
2023
ECONOMIC COMPLEXITY of South Africa
0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $2.45M in Insect Resins, making it the 39th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 780th most exported product in South Africa. The main destination of Insect Resins exports from South Africa are: Lithuania ($1.08M), Vietnam ($451k), Namibia ($299k), Portugal ($222k), and Finland ($130k).

The fastest growing export markets for Insect Resins of South Africa between 2022 and 2023 were Lithuania ($804k), Portugal ($27.2k), and Netherlands ($18.7k).

Imports In 2023, South Africa imported $7.73M in Insect Resins, becoming the 28th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 673rd most imported product in South Africa. South Africa imports Insect Resins primarily from: France ($3.39M), China ($1.57M), India ($830k), Germany ($554k), and Singapore ($316k).

The fastest growing import markets in Insect Resins for South Africa between 2022 and 2023 were France ($835k), China ($232k), and Belgium ($214k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-116k(-3.85%)
IMPORT GROWTH (November 2023 - November 2024)ZAR2.39M(19.4%)
MAIN EXPORTER (November 2024)DurbanZAR2.93M
MAIN DESTINATION (November 2024)PortugalZAR1.56M

This section shows Insect Resins'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 Insect Resins over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$2.45M
IMPORTS (2023)$7.73M
NET TRADE (2023)-$5.27M

In 2023, South Africa exported $2.45M in Insect Resins. The main destinations of South Africa exports on Insect Resins were Lithuania ($1.08M), Vietnam ($451k), Namibia ($299k), Portugal ($222k), and Finland ($130k).

In 2023, South Africa imported $7.73M in Insect Resins, mainly from France ($3.39M), China ($1.57M), India ($830k), Germany ($554k), and Singapore ($316k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Lithuania$804k (295%)
Portugal$27.2k (14%)
Netherlands$18.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY South Africa WERE (2022 - 2023):
China-$543k (-89.8%)
Vietnam-$532k (-54.1%)
Finland-$144k (-52.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Insect Resins were:
In 2023, South Africa's main importing competitors in Insect Resins were:

Explore Visualizations

Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $327k
TOP IMPORT POTENTIALIndia+ $405k

Insect Resins’s highest export potential is China. With an export gap of $327k.   Insect Resins’s highest import potential is India with an import gap of $405k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with