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2023
Exports $2.76MWorld Rnk 28 / 117
Flag Rnk 754 / 1214
2023
Destination $122k Namibia
2022 - 2023
FASTEST GROWING MARKET $122kNigeria
2023
PRODUCT COMPLEXITY IN Iron Oxides and Hydroxides-0.35Rnk 657 / 1025
2023
Imports $13.7MWorld Rnk 18 / 188
Flag Rnk 558 / 1211
2023
Origin $139k China
2022 - 2023
FASTEST GROWING ORIGIN $139kUnited Kingdom
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $2.76M in Iron Oxides and Hydroxides, making it the 28th largest exporter of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 754th most exported product in South Africa. The main destination of Iron Oxides and Hydroxides exports from South Africa are: Namibia ($710k), Zimbabwe ($385k), Australia ($202k), Botswana ($145k), and Zambia ($143k).

The fastest growing export markets for Iron Oxides and Hydroxides of South Africa between 2022 and 2023 were Nigeria ($122k), Russia ($77.2k), and Namibia ($75.2k).

Imports In 2023, South Africa imported $13.7M in Iron Oxides and Hydroxides, becoming the 18th largest importer of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 558th most imported product in South Africa. South Africa imports Iron Oxides and Hydroxides primarily from: China ($11.2M), Germany ($1.59M), United Kingdom ($421k), India ($120k), and Spain ($118k).

The fastest growing import markets in Iron Oxides and Hydroxides for South Africa between 2022 and 2023 were United Kingdom ($139k), Spain ($55.9k), and Netherlands ($16.6k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Iron Oxides and Hydroxides exports accounted up to ZAR10.5M and imports accounted up to ZAR29.9M, resulting in a negative trade balance of ZAR19.4M. Between November 2023 and November 2024 the exports of South Africa's   Iron Oxides and Hydroxides have decreased by ZAR-1.02M (-8.85%) from ZAR11.5M to ZAR10.5M, while imports increased by ZAR5.85M (24.3%) from ZAR24.1M to ZAR29.9M.

Destinations In November 2024, Iron Oxides and Hydroxides were exported mostly to Namibia (ZAR8.68M), Brazil (ZAR414k), Botswana (ZAR393k), Zimbabwe (ZAR206k), and Australia (ZAR142k), and were imported mostly from China (ZAR22M), Germany (ZAR5.66M), United Kingdom (ZAR1.74M), Colombia (ZAR462k), and Italy (ZAR11.6k).

Growth In November 2024, the decrease in Iron Oxides and Hydroxides's year-by-year exports was explained primarily by a decrease in exports to Namibia (ZAR-2.52M or -80.4%), Botswana (ZAR-1.87M or -99.4%), and Zimbabwe (ZAR-435k or -50.9%). In November 2024, the increase in Iron Oxides and Hydroxides's year-by-year imports was explained primarily by an increase in imports from Germany (ZAR1.47M or 32.2%), Spain (ZAR177k or 588%), and India (ZAR28.1k or 29k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-1.02M(-8.85%)
IMPORT GROWTH (November 2023 - November 2024)ZAR5.85M(24.3%)
MAIN EXPORTER (November 2024)SkilpadsnekZAR7.93M
MAIN DESTINATION (November 2024)NamibiaZAR8.68M

This section shows Iron Oxides and Hydroxides'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 Iron Oxides and Hydroxides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.76M
IMPORTS (2023)$13.7M
NET TRADE (2023)-$11M

In 2023, South Africa exported $2.76M in Iron Oxides and Hydroxides. The main destinations of South Africa exports on Iron Oxides and Hydroxides were Namibia ($710k), Zimbabwe ($385k), Australia ($202k), Botswana ($145k), and Zambia ($143k).

In 2023, South Africa imported $13.7M in Iron Oxides and Hydroxides, mainly from China ($11.2M), Germany ($1.59M), United Kingdom ($421k), India ($120k), and Spain ($118k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Oxides and Hydroxides EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Nigeria$122k (2.22k%)
Russia$77.2k (1%)
Namibia$75.2k (11.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Oxides and Hydroxides BY South Africa WERE (2022 - 2023):
China-$59.3M (-100%)
Zimbabwe-$446k (-53.7%)
Botswana-$317k (-68.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Iron Oxides and Hydroxides were:
China $337M
Germany $228M
United States $42.6M
In 2023, South Africa's main importing competitors in Iron Oxides and Hydroxides were:
United States $187M
China $91.7M
Germany $34.8M

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Trade Value of Iron Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $416k
TOP IMPORT POTENTIALIndia+ $152k

Iron Oxides and Hydroxides’s highest export potential is Australia. With an export gap of $416k.   Iron Oxides and Hydroxides’s highest import potential is India with an import gap of $152k.

See methodology.

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