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2023
Exports $25.3MWorld Rnk 31 / 198
Flag Rnk 349 / 1214
2023
Destination $738k Zambia
2022 - 2023
FASTEST GROWING MARKET $738kRepublic of the Congo
2023
PRODUCT COMPLEXITY IN Lubricating Products1.12Rnk 136 / 1025
2023
Imports $71.4MWorld Rnk 40 / 223
Flag Rnk 223 / 1211
2023
Origin $519k Germany
2022 - 2023
FASTEST GROWING ORIGIN $519kFrance
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $25.3M in Lubricating Products, making it the 31st largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 349th most exported product in South Africa. The main destination of Lubricating Products exports from South Africa are: Zambia ($4M), Botswana ($3.09M), Democratic Republic of the Congo ($2.95M), Mozambique ($2.37M), and Zimbabwe ($2.11M).

The fastest growing export markets for Lubricating Products of South Africa between 2022 and 2023 were Republic of the Congo ($738k), Zambia ($677k), and Zimbabwe ($483k).

Imports In 2023, South Africa imported $71.4M in Lubricating Products, becoming the 40th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 223rd most imported product in South Africa. South Africa imports Lubricating Products primarily from: Germany ($22M), United States ($16.1M), France ($8.14M), Netherlands ($4.23M), and Italy ($3.43M).

The fastest growing import markets in Lubricating Products for South Africa between 2022 and 2023 were France ($519k), United Arab Emirates ($510k), and Botswana ($481k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Lubricating Products exports accounted up to ZAR39.7M and imports accounted up to ZAR103M, resulting in a negative trade balance of ZAR62.8M. Between November 2023 and November 2024 the exports of South Africa's   Lubricating Products have increased by ZAR11.9M (42.6%) from ZAR27.8M to ZAR39.7M, while imports increased by ZAR3.85M (3.9%) from ZAR98.7M to ZAR103M.

Destinations In November 2024, Lubricating Products were exported mostly to Zambia (ZAR9.66M), Namibia (ZAR8.39M), Netherlands (ZAR2.94M), Zimbabwe (ZAR2.88M), and Angola (ZAR2.36M), and were imported mostly from Germany (ZAR24.1M), United States (ZAR16.8M), France (ZAR14.8M), India (ZAR7.67M), and Netherlands (ZAR6.11M).

Growth In November 2024, the increase in Lubricating Products's year-by-year exports was explained primarily by an increase in exports to Mozambique (ZAR2.7M or 215%), Zambia (ZAR1.89M or 35.5%), and Republic of the Congo (ZAR1.83M or 122k%). In November 2024, the increase in Lubricating Products's year-by-year imports was explained primarily by an increase in imports from Germany (ZAR15.7M or 60.2%), United States (ZAR11.7M or 72.9%), and United Arab Emirates (ZAR3.83M or 1.25k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR11.9M(42.6%)
IMPORT GROWTH (November 2023 - November 2024)ZAR3.85M(3.9%)
MAIN EXPORTER (November 2024)DurbanZAR9.15M
MAIN DESTINATION (November 2024)ZambiaZAR9.66M

This section shows Lubricating Products'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 Lubricating Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$25.3M
IMPORTS (2023)$71.4M
NET TRADE (2023)-$46.1M

In 2023, South Africa exported $25.3M in Lubricating Products. The main destinations of South Africa exports on Lubricating Products were Zambia ($4M), Botswana ($3.09M), Democratic Republic of the Congo ($2.95M), Mozambique ($2.37M), and Zimbabwe ($2.11M).

In 2023, South Africa imported $71.4M in Lubricating Products, mainly from Germany ($22M), United States ($16.1M), France ($8.14M), Netherlands ($4.23M), and Italy ($3.43M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Republic of the Congo$738k (3.11k%)
Zambia$677k (20.4%)
Zimbabwe$483k (29.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY South Africa WERE (2022 - 2023):
Democratic Republic of the Congo-$645k (-17.9%)
Mozambique-$322k (-12%)
Ghana-$312k (-61.6%)
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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 Lubricating Products were:
Germany $2.25B
United States $2.19B
Japan $1.21B
In 2023, South Africa's main importing competitors in Lubricating Products were:
China $1.68B
Germany $664M
Mexico $470M

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $784k
TOP IMPORT POTENTIALUnited States+ $3.18M

Lubricating Products’s highest export potential is United States. With an export gap of $784k.   Lubricating Products’s highest import potential is United States with an import gap of $3.18M.

See methodology.

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