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2022
Exports $29.5MWorld Rnk 56 / 226
Flag Rnk 340 / 1213
2022
Destination $3.99M United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $3.99MBelgium
2022
PRODUCT COMPLEXITY IN Integrated Circuits1.48Rnk 56 / 1025
2022
Imports $294MWorld Rnk 49 / 225
Flag Rnk 72 / 1213
2022
Origin $36M China
2021 - 2022
FASTEST GROWING ORIGIN $36MChina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $29.5M in Integrated Circuits, making it the 56th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 340th most exported product in South Africa. The main destination of Integrated Circuits exports from South Africa are: United Arab Emirates ($5.46M), Belgium ($4M), United Kingdom ($1.95M), United States ($1.59M), and Sweden ($1.31M).

The fastest growing export markets for Integrated Circuits of South Africa between 2021 and 2022 were Belgium ($3.99M), United Kingdom ($1.63M), and Sweden ($1.31M).

Imports In 2022, South Africa imported $294M in Integrated Circuits, becoming the 49th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 72nd most imported product in South Africa. South Africa imports Integrated Circuits primarily from: China ($110M), Malaysia ($17.1M), Chinese Taipei ($16.8M), Germany ($16.3M), and United States ($15.3M).

The fastest growing import markets in Integrated Circuits for South Africa between 2021 and 2022 were China ($36M), Thailand ($11.8M), and Germany ($11.3M).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Integrated Circuits exports accounted up to ZAR17.5M and imports accounted up to ZAR208M, resulting in a negative trade balance of ZAR191M. Between August 2023 and August 2024 the exports of South Africa's   Integrated Circuits have decreased by ZAR-19.8M (-53.1%) from ZAR37.4M to ZAR17.5M, while imports decreased by ZAR-110M (-34.6%) from ZAR319M to ZAR208M.

Destinations In August 2024, Integrated Circuits were exported mostly to United Arab Emirates (ZAR5.79M), United Kingdom (ZAR2.75M), United States (ZAR2.37M), Czechia (ZAR1.91M), and Germany (ZAR967k), and were imported mostly from China (ZAR66.8M), United States (ZAR26.9M), Thailand (ZAR19.5M), Malaysia (ZAR17.1M), and Chinese Taipei (ZAR16.7M).

Growth In August 2024, the decrease in Integrated Circuits's year-by-year exports was explained primarily by a decrease in exports to Switzerland (ZAR-1.21M or -92.7%), China (ZAR-842k or -93%), and Botswana (ZAR-115k or -92%). In August 2024, the decrease in Integrated Circuits's year-by-year imports was explained primarily by a decrease in imports from South Korea (ZAR-19.7M or -68.2%), China (ZAR-10.9M or -11.6%), and Malaysia (ZAR-4.32M or -12.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR-19.8M(-53.1%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-110M(-34.6%)
MAIN EXPORTER (August 2024)O.r. Tambo Int AirportZAR20.5M
MAIN DESTINATION (August 2024)United Arab EmiratesZAR5.79M

This section shows Integrated Circuits'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 Integrated Circuits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$29.5M
IMPORTS (2022)$294M
NET TRADE (2022)-$264M

In 2022, South Africa exported $29.5M in Integrated Circuits. The main destinations of South Africa exports on Integrated Circuits were United Arab Emirates ($5.46M), Belgium ($4M), United Kingdom ($1.95M), United States ($1.59M), and Sweden ($1.31M).

In 2022, South Africa imported $294M in Integrated Circuits, mainly from China ($110M), Malaysia ($17.1M), Chinese Taipei ($16.8M), Germany ($16.3M), and United States ($15.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Belgium$3.99M (37.7k%)
United Kingdom$1.63M (500%)
Sweden$1.31M (211k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY South Africa WERE (2021 - 2022):
United Arab Emirates-$2.67M (-32.9%)
Zambia-$987k (-61.9%)
Poland-$239k (-87.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Integrated Circuits were:
Chinese Taipei $223B
China $212B
South Korea $121B
In 2022, South Africa's main importing competitors in Integrated Circuits were:
China $232B
Hong Kong $201B
Chinese Taipei $80.9B

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.01M
TOP IMPORT POTENTIALChina+ $61.7M

Integrated Circuits’s highest export potential is United States. With an export gap of $4.01M.   Integrated Circuits’s highest import potential is China with an import gap of $61.7M.

See methodology.

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