Niobium, Tantalum, Vanadium and Zirconium Ore in South Africa | The Observatory of Economic Complexity

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Exports In 2023, South Africa exported $579M in Niobium, Tantalum, Vanadium and Zirconium Ore, making it the 1st largest exporter of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 25th most exported product in South Africa. The main destination of Niobium, Tantalum, Vanadium and Zirconium Ore exports from South Africa are: China ($317M), Malaysia ($45.9M), United States ($37.9M), Spain ($28.7M), and Brazil ($22.6M).

The fastest growing export markets for Niobium, Tantalum, Vanadium and Zirconium Ore of South Africa between 2022 and 2023 were Malaysia ($31.4M), China ($6.21M), and United Kingdom ($1.7M).

Imports In 2023, South Africa imported $1.4M in Niobium, Tantalum, Vanadium and Zirconium Ore, becoming the 46th largest importer of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 947th most imported product in South Africa. South Africa imports Niobium, Tantalum, Vanadium and Zirconium Ore primarily from: Vietnam ($1.36M), United States ($36.1k), Thailand ($2.8k), China ($1.81k), and Brazil ($632).

The fastest growing import markets in Niobium, Tantalum, Vanadium and Zirconium Ore for South Africa between 2022 and 2023 were Vietnam ($1.29M), United States ($22.1k), and Thailand ($2.8k).

Latest Trends

November 2024

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Overview In November 2024 South Africa's Niobium, Tantalum, Vanadium and Zirconium Ore exports accounted up to ZAR941M and imports accounted up to ZAR6.69k, resulting in a positive trade balance of ZAR941M. Between November 2023 and November 2024 the exports of South Africa's Niobium, Tantalum, Vanadium and Zirconium Ore have decreased by ZAR-376M (-28.5%) from ZAR1.32B to ZAR941M, while imports decreased by ZAR-1.16M (-99.4%) from ZAR1.16M to ZAR6.69k.

Destinations In November 2024, Niobium, Tantalum, Vanadium and Zirconium Ore were exported mostly to China (ZAR694M), Italy (ZAR193M), Brazil (ZAR38.3M), Chinese Taipei (ZAR5.96M), and India (ZAR4.86M), and were imported mostly from .

Growth In November 2024, the decrease in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year exports was explained primarily by a decrease in exports to Netherlands (ZAR-82.4M or -77.3%), India (ZAR-22.2M or -92.1%), and Brazil (ZAR-3.29M or -15.4%). In October 2024, the decrease in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)ZAR-376M(-28.5%)

IMPORT GROWTH (July 2023 - October 2024)ZAR-1.16M(-99.4%)

MAIN EXPORTER (November 2024)Richards BayZAR604M

MAIN DESTINATION (November 2024)ChinaZAR694M

This section shows Niobium, Tantalum, Vanadium and Zirconium Ore'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 Niobium, Tantalum, Vanadium and Zirconium Ore over time.

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