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2018
Exports $1.73MWorld Rnk 48 / 160
Flag Rnk 830 / 1213
2018
Destination $305k Zimbabwe
2021 - 2022
FASTEST GROWING MARKET $305kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Knitting Machine Accessories1.56Rnk 40 / 1025
2018
Imports $11.3MWorld Rnk 51 / 202
Flag Rnk 628 / 1213
2018
Origin $259k China
2021 - 2022
FASTEST GROWING ORIGIN $259kLesotho
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2018, South Africa exported $1.73M in Knitting Machine Accessories, making it the 48th largest exporter of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 830th most exported product in South Africa. The main destination of Knitting Machine Accessories exports from South Africa are: Zimbabwe ($340k), United Kingdom ($307k), Eswatini ($173k), Lesotho ($111k), and United States ($87.5k).

The fastest growing export markets for Knitting Machine Accessories of South Africa between 2021 and 2022 were United Kingdom ($305k), Zimbabwe ($227k), and Thailand ($59.4k).

Imports In 2022, South Africa imported $11.3M in Knitting Machine Accessories, becoming the 51st largest importer of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 628th most imported product in South Africa. South Africa imports Knitting Machine Accessories primarily from: China ($1.98M), Germany ($1.72M), Chinese Taipei ($924k), Italy ($870k), and Switzerland ($867k).

The fastest growing import markets in Knitting Machine Accessories for South Africa between 2021 and 2022 were Lesotho ($259k), South Korea ($209k), and United States ($195k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Knitting Machine Accessories exports accounted up to ZAR684k and imports accounted up to ZAR11.8M, resulting in a negative trade balance of ZAR11.1M. Between June 2023 and June 2024 the exports of South Africa's   Knitting Machine Accessories have decreased by ZAR-3.66M (-84.3%) from ZAR4.35M to ZAR684k, while imports decreased by ZAR-13.6M (-53.6%) from ZAR25.3M to ZAR11.8M.

Destinations In June 2024, Knitting Machine Accessories were exported mostly to Democratic Republic of the Congo (ZAR167k), Botswana (ZAR144k), Eswatini (ZAR94.9k), Zimbabwe (ZAR77.1k), and Malawi (ZAR73.6k), and were imported mostly from China (ZAR2.73M), Germany (ZAR1.96M), India (ZAR1.41M), Chinese Taipei (ZAR1.08M), and Italy (ZAR1.03M).

Growth In June 2024, the decrease in Knitting Machine Accessories's year-by-year exports was explained primarily by a decrease in exports to Mozambique (ZAR-190k or -98.2%) and Lesotho (ZAR-61k or -81.8%). In June 2024, the decrease in Knitting Machine Accessories's year-by-year imports was explained primarily by a decrease in imports from France (ZAR-1.13M or -84.3%), United Kingdom (ZAR-180k or -71.5%), and Belgium (ZAR-180k or -30.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-3.66M(-84.3%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-13.6M(-53.6%)
MAIN EXPORTER (June 2024)DurbanZAR5.26M
MAIN DESTINATION (June 2024)Democratic Republic of the CongoZAR167k

This section shows Knitting Machine Accessories'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 Knitting Machine Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.73M
IMPORTS (2022)$11.3M
NET TRADE (2022)-$9.57M

In 2022, South Africa exported $1.73M in Knitting Machine Accessories. The main destinations of South Africa exports on Knitting Machine Accessories were Zimbabwe ($340k), United Kingdom ($307k), Eswatini ($173k), Lesotho ($111k), and United States ($87.5k).

In 2022, South Africa imported $11.3M in Knitting Machine Accessories, mainly from China ($1.98M), Germany ($1.72M), Chinese Taipei ($924k), Italy ($870k), and Switzerland ($867k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machine Accessories EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
United Kingdom$305k (17.4k%)
Zimbabwe$227k (201%)
Thailand$59.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machine Accessories BY South Africa WERE (2021 - 2022):
Zambia-$190k (-72.7%)
United States-$50.9k (-36.8%)
Turkey-$39k (-75.6%)
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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 Knitting Machine Accessories were:
China $956M
Germany $952M
Italy $391M
In 2022, South Africa's main importing competitors in Knitting Machine Accessories were:
China $856M
India $548M
Germany $490M

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Trade Value of Knitting Machine Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $160k
TOP IMPORT POTENTIALChina+ $1.12M

Knitting Machine Accessories’s highest export potential is United States. With an export gap of $160k.   Knitting Machine Accessories’s highest import potential is China with an import gap of $1.12M.

See methodology.

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