2023
Exports
$9.86MWorld Rnk 27 / 99
Flag Rnk 523 / 1214
2023
PRODUCT COMPLEXITY IN Iron Reductions
-1.12Rnk 860 / 1025
2023
Imports
$67.3kWorld Rnk 77 / 142
Flag Rnk 1151 / 1211
2023
ECONOMIC COMPLEXITY of South Africa
0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $9.86M in Iron Reductions, making it the 27th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 523rd most exported product in South Africa. The main destination of Iron Reductions exports from South Africa are: India ($7.04M), Mauritius ($1.38M), United Arab Emirates ($726k), Kenya ($425k), and Tanzania ($158k).

The fastest growing export markets for Iron Reductions of South Africa between 2022 and 2023 were United Arab Emirates ($726k), Kenya ($423k), and Tanzania ($158k).

Imports In 2023, South Africa imported $67.3k in Iron Reductions, becoming the 77th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 1151st most imported product in South Africa. South Africa imports Iron Reductions primarily from: China ($55.1k), Zimbabwe ($8.77k), Germany ($2.55k), Italy ($802), and Namibia ($54).

The fastest growing import markets in Iron Reductions for South Africa between 2022 and 2023 were China ($53.7k), Zimbabwe ($8.77k), and Italy ($802).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-6.51M(-45.4%)
IMPORT GROWTH (February 2023 - October 2024)ZAR1.27k(178%)
MAIN EXPORTER (November 2024)DurbanZAR25.8M
MAIN DESTINATION (November 2024)KenyaZAR5.37M

This section shows Iron Reductions'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 Reductions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$9.86M
IMPORTS (2023)$67.3k
NET TRADE (2023)$9.79M

In 2023, South Africa exported $9.86M in Iron Reductions. The main destinations of South Africa exports on Iron Reductions were India ($7.04M), Mauritius ($1.38M), United Arab Emirates ($726k), Kenya ($425k), and Tanzania ($158k).

In 2023, South Africa imported $67.3k in Iron Reductions, mainly from China ($55.1k), Zimbabwe ($8.77k), Germany ($2.55k), Italy ($802), and Namibia ($54).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Kenya$423k (20.1k%)
Tanzania$158k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY South Africa WERE (2022 - 2023):
Mauritius-$4.32M (-75.8%)
India-$2.45M (-25.8%)
Australia-$2.11M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $331k
TOP IMPORT POTENTIALUnited States+ $13.5k

Iron Reductions’s highest export potential is Indonesia. With an export gap of $331k.   Iron Reductions’s highest import potential is United States with an import gap of $13.5k.

See methodology.

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