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2023
Exports $371MWorld Rnk 29 / 212
Flag Rnk 40 / 1214
2023
Destination $93.6M United States
2022 - 2023
FASTEST GROWING MARKET $93.6MUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Jewellery-0.47Rnk 685 / 1025
2023
Imports $49.8MWorld Rnk 73 / 216
Flag Rnk 295 / 1211
2023
Origin $785k Italy
2022 - 2023
FASTEST GROWING ORIGIN $785kFrance
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $371M in Jewellery, making it the 29th largest exporter of Jewellery in the world. At the same year, Jewellery was the 40th most exported product in South Africa. The main destination of Jewellery exports from South Africa are: United States ($232M), United Arab Emirates ($124M), United Kingdom ($4.91M), China ($3.91M), and Namibia ($1.15M).

The fastest growing export markets for Jewellery of South Africa between 2022 and 2023 were United Arab Emirates ($93.6M), Israel ($367k), and Singapore ($332k).

Imports In 2023, South Africa imported $49.8M in Jewellery, becoming the 73rd largest importer of Jewellery in the world. At the same year, Jewellery was the 295th most imported product in South Africa. South Africa imports Jewellery primarily from: Italy ($23.9M), Thailand ($7.45M), China ($4.29M), India ($3.2M), and Switzerland ($2.32M).

The fastest growing import markets in Jewellery for South Africa between 2022 and 2023 were France ($785k), United States ($743k), and Hong Kong ($548k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Jewellery exports accounted up to ZAR403M and imports accounted up to ZAR83.1M, resulting in a positive trade balance of ZAR320M. Between November 2023 and November 2024 the exports of South Africa's   Jewellery have increased by ZAR63.6M (18.7%) from ZAR339M to ZAR403M, while imports decreased by ZAR-16.4M (-16.5%) from ZAR99.6M to ZAR83.1M.

Destinations In November 2024, Jewellery were exported mostly to United States (ZAR384M), United Kingdom (ZAR11.5M), Namibia (ZAR1.68M), Israel (ZAR1.48M), and Australia (ZAR473k), and were imported mostly from Italy (ZAR26.1M), Thailand (ZAR17.4M), China (ZAR9.68M), Switzerland (ZAR8.55M), and India (ZAR8.31M).

Growth In November 2024, the increase in Jewellery's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (ZAR135M or 142k%), Botswana (ZAR601k or 89.1%), and Germany (ZAR104k or 2.36k%). In November 2024, the decrease in Jewellery's year-by-year imports was explained primarily by a decrease in imports from Germany (ZAR-4.76M or -97.4%), Thailand (ZAR-4.61M or -38.5%), and China (ZAR-2.04M or -37.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR63.6M(18.7%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-16.4M(-16.5%)
MAIN EXPORTER (November 2024)Cape Town Int AirportZAR365M
MAIN DESTINATION (November 2024)United StatesZAR384M

This section shows Jewellery'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 Jewellery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$371M
IMPORTS (2023)$49.8M
NET TRADE (2023)$321M

In 2023, South Africa exported $371M in Jewellery. The main destinations of South Africa exports on Jewellery were United States ($232M), United Arab Emirates ($124M), United Kingdom ($4.91M), China ($3.91M), and Namibia ($1.15M).

In 2023, South Africa imported $49.8M in Jewellery, mainly from Italy ($23.9M), Thailand ($7.45M), China ($4.29M), India ($3.2M), and Switzerland ($2.32M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
United Arab Emirates$93.6M (309%)
Israel$367k (1.9k%)
Singapore$332k (336%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY South Africa WERE (2022 - 2023):
United States-$124M (-34.9%)
Switzerland-$66.2M (-99.7%)
United Kingdom-$1.25M (-20.2%)
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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 Jewellery were:
India $13.1B
Italy $12.4B
China $11.6B
In 2023, South Africa's main importing competitors in Jewellery were:
Hong Kong $21.3B
United Arab Emirates $16.6B
United States $13.5B

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30.4M
TOP IMPORT POTENTIALIndia+ $11.2M

Jewellery’s highest export potential is United States. With an export gap of $30.4M.   Jewellery’s highest import potential is India with an import gap of $11.2M.

See methodology.

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