2022
Exports
$257MWorld Rnk 58 / 222
Flag Rnk 59 / 1213
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$542MWorld Rnk 49 / 225
Flag Rnk 34 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $257M in Insulated Wire, making it the 58th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 59th most exported product in South Africa. The main destination of Insulated Wire exports from South Africa are: Democratic Republic of the Congo ($51.9M), Botswana ($45.8M), Namibia ($18.6M), Zimbabwe ($17.7M), and Zambia ($17M).

The fastest growing export markets for Insulated Wire of South Africa between 2021 and 2022 were Democratic Republic of the Congo ($9.28M), Australia ($6.07M), and Zimbabwe ($3.77M).

Imports In 2022, South Africa imported $542M in Insulated Wire, becoming the 49th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 34th most imported product in South Africa. South Africa imports Insulated Wire primarily from: Botswana ($141M), China ($123M), Germany ($41.8M), Italy ($36.5M), and Thailand ($31.7M).

The fastest growing import markets in Insulated Wire for South Africa between 2021 and 2022 were Botswana ($36.7M), Italy ($12.1M), and China ($10.4M).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR-64M(-14.2%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-205M(-20.7%)
MAIN EXPORTER (August 2024)DurbanZAR104M
MAIN DESTINATION (August 2024)AustraliaZAR68.3M

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 (2022)$257M
IMPORTS (2022)$542M
NET TRADE (2022)-$284M

In 2022, South Africa exported $257M in Insulated Wire. The main destinations of South Africa exports on Insulated Wire were Democratic Republic of the Congo ($51.9M), Botswana ($45.8M), Namibia ($18.6M), Zimbabwe ($17.7M), and Zambia ($17M).

In 2022, South Africa imported $542M in Insulated Wire, mainly from Botswana ($141M), China ($123M), Germany ($41.8M), Italy ($36.5M), and Thailand ($31.7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Australia$6.07M (58.9%)
Zimbabwe$3.77M (27%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY South Africa WERE (2021 - 2022):
Canada-$3.29M (-21.6%)
Mozambique-$2.57M (-24.7%)
Morocco-$1.84M (-96.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Insulated Wire were:
In 2022, 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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