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2022
Exports $5.06MWorld Rnk 28 / 116
Flag Rnk 651 / 1213
2022
Destination $1.7M Democratic Republic of the Congo
2021 - 2022
FASTEST GROWING MARKET $1.7MZambia
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate-0.46Rnk 685 / 1025
2022
Imports $25.7MWorld Rnk 23 / 172
Flag Rnk 444 / 1213
2022
Origin $4.6M China
2021 - 2022
FASTEST GROWING ORIGIN $4.6MChina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $5.06M in Magnesium Carbonate, making it the 28th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 651st most exported product in South Africa. The main destination of Magnesium Carbonate exports from South Africa are: Democratic Republic of the Congo ($2.25M), Zambia ($1.84M), Canada ($471k), Eswatini ($178k), and Argentina ($85.3k).

The fastest growing export markets for Magnesium Carbonate of South Africa between 2021 and 2022 were Zambia ($1.7M), Democratic Republic of the Congo ($365k), and Eswatini ($97.8k).

Imports In 2022, South Africa imported $25.7M in Magnesium Carbonate, becoming the 23rd largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 444th most imported product in South Africa. South Africa imports Magnesium Carbonate primarily from: China ($14.8M), Greece ($3.68M), Turkey ($2M), Saudi Arabia ($864k), and Zimbabwe ($734k).

The fastest growing import markets in Magnesium Carbonate for South Africa between 2021 and 2022 were China ($4.6M), Greece ($2.44M), and Zimbabwe ($671k).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Magnesium Carbonate exports accounted up to ZAR836k and imports accounted up to ZAR39.5M, resulting in a negative trade balance of ZAR38.7M. Between August 2023 and August 2024 the exports of South Africa's   Magnesium Carbonate have decreased by ZAR-29.4M (-97.2%) from ZAR30.2M to ZAR836k, while imports increased by ZAR26.4M (201%) from ZAR13.1M to ZAR39.5M.

Destinations In August 2024, Magnesium Carbonate were exported mostly to Eswatini (ZAR701k), Germany (ZAR39.3k), Zambia (ZAR37.5k), Turkey (ZAR29.6k), and Ireland (ZAR26k), and were imported mostly from China (ZAR28.3M), Spain (ZAR5.9M), Germany (ZAR1.17M), Greece (ZAR1.01M), and Slovakia (ZAR760k).

Growth In August 2024, the decrease in Magnesium Carbonate's year-by-year exports was explained primarily by a decrease in exports to Eswatini (ZAR-66.1k or -30.9%) and Mauritius (ZAR-1.49k or -19%). In August 2024, the increase in Magnesium Carbonate's year-by-year imports was explained primarily by an increase in imports from China (ZAR6.33M or 27.4%), Japan (ZAR950k or 9.41k%), and Zimbabwe (ZAR782k or 125%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR-29.4M(-97.2%)
IMPORT GROWTH (August 2023 - August 2024)ZAR26.4M(201%)
MAIN EXPORTER (August 2024)Beit BridgeZAR10.9M
MAIN DESTINATION (August 2024)EswatiniZAR701k

This section shows Magnesium Carbonate'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 Magnesium Carbonate over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.06M
IMPORTS (2022)$25.7M
NET TRADE (2022)-$20.7M

In 2022, South Africa exported $5.06M in Magnesium Carbonate. The main destinations of South Africa exports on Magnesium Carbonate were Democratic Republic of the Congo ($2.25M), Zambia ($1.84M), Canada ($471k), Eswatini ($178k), and Argentina ($85.3k).

In 2022, South Africa imported $25.7M in Magnesium Carbonate, mainly from China ($14.8M), Greece ($3.68M), Turkey ($2M), Saudi Arabia ($864k), and Zimbabwe ($734k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Zambia$1.7M (1.26k%)
Democratic Republic of the Congo$365k (19.3%)
Eswatini$97.8k (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY South Africa WERE (2021 - 2022):
Canada-$118k (-20.1%)
Morocco-$25.7k (-100%)
Zimbabwe-$22.3k (-41%)
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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 Magnesium Carbonate were:
China $1.24B
United States $185M
Netherlands $119M
In 2022, South Africa's main importing competitors in Magnesium Carbonate were:
United States $334M
Germany $230M
Democratic Republic of the Congo $214M

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $100k
TOP IMPORT POTENTIALChina+ $358k

Magnesium Carbonate’s highest export potential is China. With an export gap of $100k.   Magnesium Carbonate’s highest import potential is China with an import gap of $358k.

See methodology.

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