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2022
Exports $151MWorld Rnk 12 / 121
Flag Rnk 102 / 1213
2022
Destination $99.2M United States
2021 - 2022
FASTEST GROWING MARKET $99.2MUnited States
2022
PRODUCT COMPLEXITY IN Other Precious Metal Products-0.036Rnk 559 / 1025
2022
Imports $31.1MWorld Rnk 28 / 189
Flag Rnk 414 / 1213
2022
Origin $114k Germany
2021 - 2022
FASTEST GROWING ORIGIN $114kIndia
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $151M in Other Precious Metal Products, making it the 12th largest exporter of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 102nd most exported product in South Africa. The main destination of Other Precious Metal Products exports from South Africa are: United States ($150M), Canada ($307k), Namibia ($159k), United Arab Emirates ($77.7k), and Belgium ($56.8k).

The fastest growing export markets for Other Precious Metal Products of South Africa between 2021 and 2022 were United States ($99.2M), United Arab Emirates ($76.5k), and Namibia ($76.1k).

Imports In 2022, South Africa imported $31.1M in Other Precious Metal Products, becoming the 28th largest importer of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 414th most imported product in South Africa. South Africa imports Other Precious Metal Products primarily from: Germany ($30.3M), Austria ($569k), India ($115k), Australia ($64.8k), and Canada ($44.4k).

The fastest growing import markets in Other Precious Metal Products for South Africa between 2021 and 2022 were India ($114k), Austria ($89.4k), and Australia ($20.9k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Other Precious Metal Products exports accounted up to ZAR155k and imports accounted up to ZAR2.39M, resulting in a negative trade balance of ZAR2.23M. Between June 2023 and June 2024 the exports of South Africa's   Other Precious Metal Products have increased by ZAR115k (282%) from ZAR40.6k to ZAR155k, while imports decreased by ZAR-300k (-11.2%) from ZAR2.69M to ZAR2.39M.

Destinations In June 2024, Other Precious Metal Products were exported mostly to Namibia (ZAR149k), Eswatini (ZAR3.87k), Switzerland (ZAR1.98k), and Zimbabwe (ZAR500), and were imported mostly from Germany (ZAR2.12M), United States (ZAR176k), Australia (ZAR50.8k), Special Categories (ZAR28.8k), and Switzerland (ZAR8.08k).

Growth In June 2024, the increase in Other Precious Metal Products's year-by-year exports was explained primarily by an increase in exports to Eswatini (ZAR266 or 47.1%). In June 2024, the decrease in Other Precious Metal Products's year-by-year imports was explained primarily by a decrease in imports from Germany (ZAR-486k or -22%), Austria (ZAR-237k or -85.9%), and Australia (ZAR-119k or -74%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR115k(282%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-300k(-11.2%)
MAIN EXPORTER (June 2024)O.r. Tambo Int AirportZAR366k
MAIN DESTINATION (June 2024)NamibiaZAR149k

This section shows Other Precious Metal 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 Other Precious Metal Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$151M
IMPORTS (2022)$31.1M
NET TRADE (2022)$120M

In 2022, South Africa exported $151M in Other Precious Metal Products. The main destinations of South Africa exports on Other Precious Metal Products were United States ($150M), Canada ($307k), Namibia ($159k), United Arab Emirates ($77.7k), and Belgium ($56.8k).

In 2022, South Africa imported $31.1M in Other Precious Metal Products, mainly from Germany ($30.3M), Austria ($569k), India ($115k), Australia ($64.8k), and Canada ($44.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Precious Metal Products EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
United States$99.2M (194%)
United Arab Emirates$76.5k (6.73k%)
Namibia$76.1k (91.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Precious Metal Products BY South Africa WERE (2021 - 2022):
Canada-$7.52M (-96.1%)
Germany-$652k (-100%)
United Kingdom-$632k (-95.5%)
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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 Other Precious Metal Products were:
Canada $1.78B
United States $1.7B
Germany $911M
In 2022, South Africa's main importing competitors in Other Precious Metal Products were:
United States $4.42B
Singapore $789M
Canada $579M

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Trade Value of Other Precious Metal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.27M
TOP IMPORT POTENTIALAustralia+ $218k

Other Precious Metal Products’s highest export potential is United States. With an export gap of $5.27M.   Other Precious Metal Products’s highest import potential is Australia with an import gap of $218k.

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