Machinery Having Individual Functions in South Africa | The Observatory of Economic Complexity

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Exports In 2023, South Africa exported $113M in Machinery Having Individual Functions, making it the 47th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 125th most exported product in South Africa. The main destination of Machinery Having Individual Functions exports from South Africa are: United States ($13M), Namibia ($9.15M), Argentina ($8.94M), Democratic Republic of the Congo ($6.31M), and Botswana ($6.01M).

The fastest growing export markets for Machinery Having Individual Functions of South Africa between 2022 and 2023 were United States ($6.14M), Australia ($3.11M), and Argentina ($2.34M).

Imports In 2023, South Africa imported $416M in Machinery Having Individual Functions, becoming the 47th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 42nd most imported product in South Africa. South Africa imports Machinery Having Individual Functions primarily from: Germany ($110M), China ($71.6M), United States ($40.5M), United Kingdom ($30.9M), and Italy ($24M).

The fastest growing import markets in Machinery Having Individual Functions for South Africa between 2022 and 2023 were Germany ($38.7M), China ($12.4M), and United Kingdom ($9.78M).

COMPANIES In 2023, leading companies such as Mahle Behr (29), General Motors (1), and ZF (Zeppelin Foundation) (1) were at the forefront of shipping Machinery Having Individual Functions from South Africa to the United States.

Latest Trends

November 2024

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Overview In November 2024 South Africa's Machinery Having Individual Functions exports accounted up to ZAR191M and imports accounted up to ZAR687M, resulting in a negative trade balance of ZAR496M. Between November 2023 and November 2024 the exports of South Africa's Machinery Having Individual Functions have decreased by ZAR-799k (-0.42%) from ZAR191M to ZAR191M, while imports increased by ZAR90.7M (15.2%) from ZAR596M to ZAR687M.

Destinations In November 2024, Machinery Having Individual Functions were exported mostly to Zimbabwe (ZAR35M), United States (ZAR34.4M), Mexico (ZAR32M), Namibia (ZAR16.3M), and Democratic Republic of the Congo (ZAR8.38M), and were imported mostly from Germany (ZAR158M), China (ZAR154M), Italy (ZAR60.8M), Japan (ZAR57.2M), and United States (ZAR52.8M).

Growth In November 2024, the decrease in Machinery Having Individual Functions's year-by-year exports was explained primarily by a decrease in exports to Sierra Leone (ZAR-6.6M or -98%), Democratic Republic of the Congo (ZAR-4.1M or -77.4%), and United States (ZAR-2.73M or -98%). In November 2024, the increase in Machinery Having Individual Functions's year-by-year imports was explained primarily by an increase in imports from Germany (ZAR104M or 196%), China (ZAR60.5M or 86.6%), and United Kingdom (ZAR49.1M or 149%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)ZAR-799k(-0.42%)

IMPORT GROWTH (November 2023 - November 2024)ZAR90.7M(15.2%)

MAIN EXPORTER (November 2024)Groblers BridgeZAR65.7M

MAIN DESTINATION (November 2024)ZimbabweZAR35M

This section shows Machinery Having Individual Functions'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 Machinery Having Individual Functions over time.

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