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2022
Exports $3.93MWorld Rnk 45 / 185
Flag Rnk 693 / 1213
2022
Destination $212k Namibia
2021 - 2022
FASTEST GROWING MARKET $212kNamibia
2022
PRODUCT COMPLEXITY IN Knit Gloves-0.99Rnk 839 / 1025
2022
Imports $21.4MWorld Rnk 44 / 218
Flag Rnk 493 / 1213
2022
Origin $522k China
2021 - 2022
FASTEST GROWING ORIGIN $522kChina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $3.93M in Knit Gloves, making it the 45th largest exporter of Knit Gloves in the world. At the same year, Knit Gloves was the 693rd most exported product in South Africa. The main destination of Knit Gloves exports from South Africa are: Namibia ($1.43M), Botswana ($668k), Zimbabwe ($550k), Eswatini ($240k), and Zambia ($237k).

The fastest growing export markets for Knit Gloves of South Africa between 2021 and 2022 were Namibia ($212k), Zimbabwe ($154k), and Madagascar ($18.2k).

Imports In 2022, South Africa imported $21.4M in Knit Gloves, becoming the 44th largest importer of Knit Gloves in the world. At the same year, Knit Gloves was the 493rd most imported product in South Africa. South Africa imports Knit Gloves primarily from: China ($13.8M), Pakistan ($2.89M), Sri Lanka ($2.13M), Germany ($358k), and Portugal ($243k).

The fastest growing import markets in Knit Gloves for South Africa between 2021 and 2022 were China ($522k), Pakistan ($471k), and Portugal ($156k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Knit Gloves exports accounted up to ZAR5.17M and imports accounted up to ZAR23.7M, resulting in a negative trade balance of ZAR18.5M. Between June 2023 and June 2024 the exports of South Africa's   Knit Gloves have increased by ZAR275k (5.62%) from ZAR4.9M to ZAR5.17M, while imports decreased by ZAR-4.37M (-15.6%) from ZAR28M to ZAR23.7M.

Destinations In June 2024, Knit Gloves were exported mostly to Namibia (ZAR1.77M), Zimbabwe (ZAR1.32M), Botswana (ZAR859k), Zambia (ZAR366k), and Eswatini (ZAR278k), and were imported mostly from China (ZAR14.7M), Pakistan (ZAR3.99M), Sri Lanka (ZAR3.56M), Bangladesh (ZAR504k), and Vietnam (ZAR465k).

Growth In June 2024, the increase in Knit Gloves's year-by-year exports was explained primarily by an increase in exports to Namibia (ZAR791k or 54.8%), Botswana (ZAR306k or 61.4%), and Seychelles (ZAR193k or 296%). In June 2024, the decrease in Knit Gloves's year-by-year imports was explained primarily by a decrease in imports from Pakistan (ZAR-3.07M or -52.7%), Germany (ZAR-229k or -96.7%), and Japan (ZAR-190k or -98.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR275k(5.62%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-4.37M(-15.6%)
MAIN EXPORTER (June 2024)Beit BridgeZAR1.75M
MAIN DESTINATION (June 2024)NamibiaZAR1.77M

This section shows Knit Gloves'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 Knit Gloves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.93M
IMPORTS (2022)$21.4M
NET TRADE (2022)-$17.4M

In 2022, South Africa exported $3.93M in Knit Gloves. The main destinations of South Africa exports on Knit Gloves were Namibia ($1.43M), Botswana ($668k), Zimbabwe ($550k), Eswatini ($240k), and Zambia ($237k).

In 2022, South Africa imported $21.4M in Knit Gloves, mainly from China ($13.8M), Pakistan ($2.89M), Sri Lanka ($2.13M), Germany ($358k), and Portugal ($243k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Gloves EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Namibia$212k (17.4%)
Zimbabwe$154k (38.7%)
Madagascar$18.2k (227%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Gloves BY South Africa WERE (2021 - 2022):
Zambia-$184k (-43.6%)
Eswatini-$170k (-41.5%)
Lesotho-$89.9k (-33.9%)
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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 Knit Gloves were:
China $3.35B
Sri Lanka $406M
Vietnam $377M
In 2022, South Africa's main importing competitors in Knit Gloves were:
United States $1.23B
Germany $491M
Japan $473M

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Trade Value of Knit Gloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $51.6k
TOP IMPORT POTENTIALChina+ $1.72M

Knit Gloves’s highest export potential is United States. With an export gap of $51.6k.   Knit Gloves’s highest import potential is China with an import gap of $1.72M.

See methodology.

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