2023
Exports
$1.37BWorld Rnk 2 / 114
Flag Rnk 16 / 1214
2023
PRODUCT COMPLEXITY IN Other Precious Metal Products
0.045Rnk 542 / 1025
2023
Imports
$8.19MWorld Rnk 46 / 185
Flag Rnk 656 / 1211
2023
ECONOMIC COMPLEXITY of South Africa
0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $1.37B in Other Precious Metal Products, making it the 2nd largest exporter of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 16th most exported product in South Africa. The main destination of Other Precious Metal Products exports from South Africa are: United States ($1.37B), Canada ($1.2M), Democratic Republic of the Congo ($107k), Guinea ($71.4k), and Belgium ($20.2k).

The fastest growing export markets for Other Precious Metal Products of South Africa between 2022 and 2023 were United States ($477M), Canada ($896k), and Democratic Republic of the Congo ($94.8k).

Imports In 2023, South Africa imported $8.19M in Other Precious Metal Products, becoming the 46th largest importer of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 656th most imported product in South Africa. South Africa imports Other Precious Metal Products primarily from: Germany ($6.95M), Austria ($560k), Norway ($295k), United States ($132k), and Australia ($97.3k).

The fastest growing import markets in Other Precious Metal Products for South Africa between 2022 and 2023 were Austria ($393k), Norway ($295k), and United States ($127k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-37.4k(-12.3%)
IMPORT GROWTH (November 2023 - November 2024)ZAR44.3M(4.55k%)
MAIN EXPORTER (November 2024)O.r. Tambo Int AirportZAR366k
MAIN DESTINATION (November 2024)NamibiaZAR172k

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 (2023)$1.37B
IMPORTS (2023)$8.19M
NET TRADE (2023)$1.36B

In 2023, South Africa exported $1.37B in Other Precious Metal Products. The main destinations of South Africa exports on Other Precious Metal Products were United States ($1.37B), Canada ($1.2M), Democratic Republic of the Congo ($107k), Guinea ($71.4k), and Belgium ($20.2k).

In 2023, South Africa imported $8.19M in Other Precious Metal Products, mainly from Germany ($6.95M), Austria ($560k), Norway ($295k), United States ($132k), and Australia ($97.3k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Precious Metal Products EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
United States$477M (53.7%)
Canada$896k (292%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Precious Metal Products BY South Africa WERE (2022 - 2023):
Namibia-$136k (-87.4%)
United Arab Emirates-$77.7k (-100%)
Belgium-$36.6k (-64.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Other Precious Metal Products were:
In 2023, South Africa's main importing competitors in Other Precious Metal Products were:

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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.

See methodology.

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