2023
Exports
$12.7MWorld Rnk 31 / 145
Flag Rnk 484 / 1214
2023
PRODUCT COMPLEXITY IN Other Stainless Steel Bars
1.41Rnk 62 / 1025
2023
Imports
$26.3MWorld Rnk 46 / 217
Flag Rnk 407 / 1211
2023
ECONOMIC COMPLEXITY of South Africa
0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $12.7M in Other Stainless Steel Bars, making it the 31st largest exporter of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 484th most exported product in South Africa. The main destination of Other Stainless Steel Bars exports from South Africa are: Namibia ($2.98M), Botswana ($2.51M), United States ($2.11M), Mozambique ($1.34M), and Eswatini ($895k).

The fastest growing export markets for Other Stainless Steel Bars of South Africa between 2022 and 2023 were Mozambique ($1.05M), China ($163k), and Germany ($152k).

Imports In 2023, South Africa imported $26.3M in Other Stainless Steel Bars, becoming the 46th largest importer of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 407th most imported product in South Africa. South Africa imports Other Stainless Steel Bars primarily from: India ($13.3M), China ($5.53M), Italy ($2.69M), Chinese Taipei ($1.57M), and Germany ($569k).

The fastest growing import markets in Other Stainless Steel Bars for South Africa between 2022 and 2023 were Chinese Taipei ($788k), Poland ($335k), and France ($135k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR3.72M(42%)
IMPORT GROWTH (November 2023 - November 2024)ZAR7.42M(14.7%)
MAIN EXPORTER (November 2024)SkilpadsnekZAR4.7M
MAIN DESTINATION (November 2024)BotswanaZAR4.3M

This section shows Other Stainless Steel Bars'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 Stainless Steel Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$12.7M
IMPORTS (2023)$26.3M
NET TRADE (2023)-$13.7M

In 2023, South Africa exported $12.7M in Other Stainless Steel Bars. The main destinations of South Africa exports on Other Stainless Steel Bars were Namibia ($2.98M), Botswana ($2.51M), United States ($2.11M), Mozambique ($1.34M), and Eswatini ($895k).

In 2023, South Africa imported $26.3M in Other Stainless Steel Bars, mainly from India ($13.3M), China ($5.53M), Italy ($2.69M), Chinese Taipei ($1.57M), and Germany ($569k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Stainless Steel Bars EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Mozambique$1.05M (362%)
China$163k (371k%)
Germany$152k (154%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Stainless Steel Bars BY South Africa WERE (2022 - 2023):
Botswana-$5.37M (-68.2%)
Namibia-$1.85M (-38.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Other Stainless Steel Bars were:
Italy $1.41B
India $1.21B
In 2023, South Africa's main importing competitors in Other Stainless Steel Bars were:

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Trade Value of Other Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.97M
TOP IMPORT POTENTIALIndia+ $2.63M

Other Stainless Steel Bars’s highest export potential is United States. With an export gap of $1.97M.   Other Stainless Steel Bars’s highest import potential is India with an import gap of $2.63M.

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