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2022
Exports $4.68MWorld Rnk 46 / 187
Flag Rnk 662 / 1213
2022
Destination $1.08M Zambia
2021 - 2022
FASTEST GROWING MARKET $1.08MZambia
2022
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts1.05Rnk 150 / 1025
2022
Imports $7.46MWorld Rnk 52 / 220
Flag Rnk 706 / 1213
2022
Origin $418k China
2021 - 2022
FASTEST GROWING ORIGIN $418kJapan
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $4.68M in Opto-Electric Instrument Parts, making it the 46th largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 662nd most exported product in South Africa. The main destination of Opto-Electric Instrument Parts exports from South Africa are: Zambia ($1.15M), United States ($337k), Malawi ($299k), United Kingdom ($296k), and Botswana ($202k).

The fastest growing export markets for Opto-Electric Instrument Parts of South Africa between 2021 and 2022 were Zambia ($1.08M), Malawi ($298k), and United Kingdom ($237k).

Imports In 2022, South Africa imported $7.46M in Opto-Electric Instrument Parts, becoming the 52nd largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 706th most imported product in South Africa. South Africa imports Opto-Electric Instrument Parts primarily from: China ($1.65M), Germany ($881k), United States ($857k), Finland ($627k), and United Kingdom ($448k).

The fastest growing import markets in Opto-Electric Instrument Parts for South Africa between 2021 and 2022 were Japan ($418k), Finland ($286k), and New Zealand ($171k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Opto-Electric Instrument Parts exports accounted up to ZAR7.76M and imports accounted up to ZAR11.2M, resulting in a negative trade balance of ZAR3.48M. Between June 2023 and June 2024 the exports of South Africa's   Opto-Electric Instrument Parts have increased by ZAR2.69M (53.1%) from ZAR5.07M to ZAR7.76M, while imports decreased by ZAR-6.56M (-36.9%) from ZAR17.8M to ZAR11.2M.

Destinations In June 2024, Opto-Electric Instrument Parts were exported mostly to Belgium (ZAR1.96M), Uganda (ZAR1.12M), Turkey (ZAR849k), United States (ZAR478k), and United Kingdom (ZAR422k), and were imported mostly from China (ZAR3.01M), United States (ZAR2.69M), Canada (ZAR1.74M), Germany (ZAR1.01M), and Japan (ZAR651k).

Growth In June 2024, the increase in Opto-Electric Instrument Parts's year-by-year exports was explained primarily by an increase in exports to Mozambique (ZAR449k or 80.4k%), Australia (ZAR387k or 1.3k%), and United Kingdom (ZAR321k or 1.03k%). In June 2024, the decrease in Opto-Electric Instrument Parts's year-by-year imports was explained primarily by a decrease in imports from New Zealand (ZAR-752k or -67.9%), Germany (ZAR-563k or -37.6%), and China (ZAR-290k or -21.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR2.69M(53.1%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-6.56M(-36.9%)
MAIN EXPORTER (June 2024)Cape Town Int AirportZAR11.6M
MAIN DESTINATION (June 2024)BelgiumZAR1.96M

This section shows Opto-Electric Instrument Parts'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 Opto-Electric Instrument Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.68M
IMPORTS (2022)$7.46M
NET TRADE (2022)-$2.78M

In 2022, South Africa exported $4.68M in Opto-Electric Instrument Parts. The main destinations of South Africa exports on Opto-Electric Instrument Parts were Zambia ($1.15M), United States ($337k), Malawi ($299k), United Kingdom ($296k), and Botswana ($202k).

In 2022, South Africa imported $7.46M in Opto-Electric Instrument Parts, mainly from China ($1.65M), Germany ($881k), United States ($857k), Finland ($627k), and United Kingdom ($448k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Zambia$1.08M (1.68k%)
Malawi$298k (34.9k%)
United Kingdom$237k (400%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY South Africa WERE (2021 - 2022):
Namibia-$503k (-83.4%)
Democratic Republic of the Congo-$108k (-92.3%)
South Korea-$78.7k (-97.8%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Opto-Electric Instrument Parts were:
United States $435M
Germany $420M
China $354M
In 2022, South Africa's main importing competitors in Opto-Electric Instrument Parts were:
United States $380M
Germany $308M
Hong Kong $170M

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Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $468k
TOP IMPORT POTENTIALChina+ $533k

Opto-Electric Instrument Parts’s highest export potential is United States. With an export gap of $468k.   Opto-Electric Instrument Parts’s highest import potential is China with an import gap of $533k.

See methodology.

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