2023
Exports
$232MWorld Rnk 58 / 223
Flag Rnk 68 / 1214
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
Imports
$575MWorld Rnk 45 / 225
Flag Rnk 26 / 1211
2023
ECONOMIC COMPLEXITY of South Africa
0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $232M in Insulated Wire, making it the 58th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 68th most exported product in South Africa. The main destination of Insulated Wire exports from South Africa are: Botswana ($43.8M), Democratic Republic of the Congo ($32.1M), Namibia ($21.9M), Zimbabwe ($15.2M), and Mozambique ($15M).

The fastest growing export markets for Insulated Wire of South Africa between 2022 and 2023 were Mozambique ($7.23M), Peru ($4.26M), and Namibia ($3.64M).

Imports In 2023, South Africa imported $575M in Insulated Wire, becoming the 45th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 26th most imported product in South Africa. South Africa imports Insulated Wire primarily from: Botswana ($152M), China ($122M), Italy ($35.2M), India ($32.9M), and Portugal ($28.5M).

The fastest growing import markets in Insulated Wire for South Africa between 2022 and 2023 were India ($22.2M), Portugal ($12.6M), and Spain ($12.1M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR20.1M(5.66%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-233M(-23.8%)
MAIN EXPORTER (November 2024)DurbanZAR104M
MAIN DESTINATION (November 2024)BotswanaZAR90.3M

This section shows Insulated Wire'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 Insulated Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$232M
IMPORTS (2023)$575M
NET TRADE (2023)-$342M

In 2023, South Africa exported $232M in Insulated Wire. The main destinations of South Africa exports on Insulated Wire were Botswana ($43.8M), Democratic Republic of the Congo ($32.1M), Namibia ($21.9M), Zimbabwe ($15.2M), and Mozambique ($15M).

In 2023, South Africa imported $575M in Insulated Wire, mainly from Botswana ($152M), China ($122M), Italy ($35.2M), India ($32.9M), and Portugal ($28.5M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Mozambique$7.23M (92.6%)
Peru$4.26M (2.74k%)
Namibia$3.64M (19.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY South Africa WERE (2022 - 2023):
Australia-$7.26M (-42.7%)
Zimbabwe-$3.17M (-17.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23M
TOP IMPORT POTENTIALChina+ $55.5M

Insulated Wire’s highest export potential is United States. With an export gap of $23M.   Insulated Wire’s highest import potential is China with an import gap of $55.5M.

See methodology.

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