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2023
Exports $739kWorld Rnk 26 / 95
Flag Rnk 962 / 1214
2023
Destination $87.8k Angola
2022 - 2023
FASTEST GROWING MARKET $87.8kEswatini
2023
Imports $5.97MWorld Rnk 15 / 178
Flag Rnk 727 / 1211
2023
Origin $288k India
2022 - 2023
FASTEST GROWING ORIGIN $288kUnited States
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $739k in Lake Pigments, making it the 26th largest exporter of Lake Pigments in the world. At the same year, Lake Pigments was the 962nd most exported product in South Africa. The main destination of Lake Pigments exports from South Africa are: Angola ($427k), Eswatini ($94.5k), Bangladesh ($49k), Turkey ($40.1k), and Nigeria ($39.1k).

The fastest growing export markets for Lake Pigments of South Africa between 2022 and 2023 were Eswatini ($87.8k), Nigeria ($25.4k), and Germany ($19.7k).

Imports In 2023, South Africa imported $5.97M in Lake Pigments, becoming the 15th largest importer of Lake Pigments in the world. At the same year, Lake Pigments was the 727th most imported product in South Africa. South Africa imports Lake Pigments primarily from: India ($4.44M), United Kingdom ($496k), United States ($412k), Netherlands ($345k), and Mexico ($182k).

The fastest growing import markets in Lake Pigments for South Africa between 2022 and 2023 were United States ($288k), Netherlands ($104k), and Mexico ($64.2k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Lake Pigments exports accounted up to ZAR2.57M and imports accounted up to ZAR13.1M, resulting in a negative trade balance of ZAR10.5M. Between November 2023 and November 2024 the exports of South Africa's   Lake Pigments have increased by ZAR948k (58.3%) from ZAR1.63M to ZAR2.57M, while imports decreased by ZAR-6.02M (-31.5%) from ZAR19.1M to ZAR13.1M.

Destinations In November 2024, Lake Pigments were exported mostly to Angola (ZAR2.31M), Bangladesh (ZAR173k), Cote d'Ivoire (ZAR55.6k), Eswatini (ZAR32k), and Namibia (ZAR2.63k), and were imported mostly from India (ZAR11.7M), United Kingdom (ZAR1.11M), United States (ZAR237k), Italy (ZAR11.2k), and Poland (ZAR2.41k).

Growth In November 2024, the increase in Lake Pigments's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the decrease in Lake Pigments's year-by-year imports was explained primarily by a decrease in imports from Germany (ZAR-210 or -27.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR948k(58.3%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-6.02M(-31.5%)
MAIN EXPORTER (November 2024)OshoekZAR2.96M
MAIN DESTINATION (November 2024)AngolaZAR2.31M

This section shows Lake Pigments'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 Lake Pigments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$739k
IMPORTS (2023)$5.97M
NET TRADE (2023)-$5.23M

In 2023, South Africa exported $739k in Lake Pigments. The main destinations of South Africa exports on Lake Pigments were Angola ($427k), Eswatini ($94.5k), Bangladesh ($49k), Turkey ($40.1k), and Nigeria ($39.1k).

In 2023, South Africa imported $5.97M in Lake Pigments, mainly from India ($4.44M), United Kingdom ($496k), United States ($412k), Netherlands ($345k), and Mexico ($182k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Lake Pigments EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Eswatini$87.8k (1.32k%)
Nigeria$25.4k (185%)
Germany$19.7k (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lake Pigments BY South Africa WERE (2022 - 2023):
Angola-$389k (-47.7%)
Turkey-$159k (-79.9%)
Australia-$43.7k (-85.3%)
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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 Lake Pigments were:
Peru $67.4M
India $64.8M
United States $38.6M
In 2023, South Africa's main importing competitors in Lake Pigments were:
Belgium $21.4M
Bangladesh $21.1M
Mexico $20.8M

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Trade Value of Lake Pigments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBangladesh+ $32.2k
TOP IMPORT POTENTIALUnited States+ $98.5k

Lake Pigments’s highest export potential is Bangladesh. With an export gap of $32.2k.   Lake Pigments’s highest import potential is United States with an import gap of $98.5k.

See methodology.

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