2022
Exports
$11.9MWorld Rnk 26 / 105
Flag Rnk 498 / 1213
2022
PRODUCT COMPLEXITY IN Iron Powder
0.78Rnk 252 / 1025
2022
Imports
$7.85MWorld Rnk 41 / 176
Flag Rnk 696 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $11.9M in Iron Powder, making it the 26th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 498th most exported product in South Africa. The main destination of Iron Powder exports from South Africa are: United States ($3.55M), South Korea ($2.66M), Germany ($2.28M), Spain ($639k), and India ($549k).

The fastest growing export markets for Iron Powder of South Africa between 2021 and 2022 were South Korea ($858k), Germany ($706k), and Spain ($455k).

Imports In 2022, South Africa imported $7.85M in Iron Powder, becoming the 41st largest importer of Iron Powder in the world. At the same year, Iron Powder was the 696th most imported product in South Africa. South Africa imports Iron Powder primarily from: France ($2.4M), China ($1.54M), Sweden ($1.01M), India ($631k), and Spain ($599k).

The fastest growing import markets in Iron Powder for South Africa between 2021 and 2022 were Spain ($429k), Canada ($335k), and India ($333k).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR-247k(-2.27%)
IMPORT GROWTH (August 2023 - August 2024)ZAR7.34M(85.9%)
MAIN EXPORTER (August 2024)JohannesburgZAR21.8M
MAIN DESTINATION (August 2024)South KoreaZAR4.78M

This section shows Iron Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.9M
IMPORTS (2022)$7.85M
NET TRADE (2022)$4.06M

In 2022, South Africa exported $11.9M in Iron Powder. The main destinations of South Africa exports on Iron Powder were United States ($3.55M), South Korea ($2.66M), Germany ($2.28M), Spain ($639k), and India ($549k).

In 2022, South Africa imported $7.85M in Iron Powder, mainly from France ($2.4M), China ($1.54M), Sweden ($1.01M), India ($631k), and Spain ($599k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
South Korea$858k (47.4%)
Germany$706k (44.9%)
Spain$455k (248%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY South Africa WERE (2021 - 2022):
United States-$1.26M (-26.3%)
Belgium-$426k (-100%)
Cameroon-$125k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Iron Powder were:
In 2022, South Africa's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.27M
TOP IMPORT POTENTIALIndia+ $419k

Iron Powder’s highest export potential is United States. With an export gap of $1.27M.   Iron Powder’s highest import potential is India with an import gap of $419k.

See methodology.

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