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2023
Exports $101MWorld Rnk 38 / 181
Flag Rnk 132 / 1214
2023
Destination $24.7M United States
2022 - 2023
FASTEST GROWING MARKET $24.7MUnited States
2023
PRODUCT COMPLEXITY IN Polyacetals0.78Rnk 259 / 1025
2023
Imports $206MWorld Rnk 53 / 223
Flag Rnk 86 / 1211
2023
Origin $1.65M China
2022 - 2023
FASTEST GROWING ORIGIN $1.65MSpain
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $101M in Polyacetals, making it the 38th largest exporter of Polyacetals in the world. At the same year, Polyacetals was the 132nd most exported product in South Africa. The main destination of Polyacetals exports from South Africa are: United States ($31.4M), Zimbabwe ($21.1M), Zambia ($7.08M), Botswana ($3.82M), and Mauritius ($3.51M).

The fastest growing export markets for Polyacetals of South Africa between 2022 and 2023 were United States ($24.7M), Malaysia ($2.3M), and Italy ($1.76M).

Imports In 2023, South Africa imported $206M in Polyacetals, becoming the 53rd largest importer of Polyacetals in the world. At the same year, Polyacetals was the 86th most imported product in South Africa. South Africa imports Polyacetals primarily from: China ($44.1M), Germany ($24M), United States ($19.3M), Netherlands ($13.5M), and Chinese Taipei ($12.5M).

The fastest growing import markets in Polyacetals for South Africa between 2022 and 2023 were Spain ($1.65M), Oman ($1.19M), and Japan ($647k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Polyacetals exports accounted up to ZAR94.5M and imports accounted up to ZAR311M, resulting in a negative trade balance of ZAR216M. Between November 2023 and November 2024 the exports of South Africa's   Polyacetals have increased by ZAR13.6M (16.8%) from ZAR80.9M to ZAR94.5M, while imports increased by ZAR16.8M (5.72%) from ZAR294M to ZAR311M.

Destinations In November 2024, Polyacetals were exported mostly to United Arab Emirates (ZAR15.1M), Zimbabwe (ZAR14.6M), United States (ZAR12.4M), Botswana (ZAR9.48M), and Namibia (ZAR7.57M), and were imported mostly from China (ZAR60.4M), United States (ZAR49.3M), Germany (ZAR25.3M), Egypt (ZAR21.4M), and Netherlands (ZAR14.9M).

Growth In November 2024, the increase in Polyacetals's year-by-year exports was explained primarily by an increase in exports to Mauritius (ZAR1.8M or 360%), Namibia (ZAR1.56M or 204%), and Angola (ZAR1.09M or 2.59k%). In November 2024, the increase in Polyacetals's year-by-year imports was explained primarily by an increase in imports from Lithuania (ZAR13.2M or 324%), Chinese Taipei (ZAR11.6M or 75.2%), and Spain (ZAR10.7M or 194%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR13.6M(16.8%)
IMPORT GROWTH (November 2023 - November 2024)ZAR16.8M(5.72%)
MAIN EXPORTER (November 2024)DurbanZAR44.4M
MAIN DESTINATION (November 2024)United Arab EmiratesZAR15.1M

This section shows Polyacetals'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 Polyacetals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$101M
IMPORTS (2023)$206M
NET TRADE (2023)-$105M

In 2023, South Africa exported $101M in Polyacetals. The main destinations of South Africa exports on Polyacetals were United States ($31.4M), Zimbabwe ($21.1M), Zambia ($7.08M), Botswana ($3.82M), and Mauritius ($3.51M).

In 2023, South Africa imported $206M in Polyacetals, mainly from China ($44.1M), Germany ($24M), United States ($19.3M), Netherlands ($13.5M), and Chinese Taipei ($12.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Polyacetals EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
United States$24.7M (364%)
Malaysia$2.3M (410%)
Italy$1.76M (525%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polyacetals BY South Africa WERE (2022 - 2023):
Zimbabwe-$7.45M (-26.1%)
Nigeria-$2.98M (-72.8%)
Qatar-$2.04M (-78.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Polyacetals were:
China $11B
Germany $5.76B
United States $5.64B
In 2023, South Africa's main importing competitors in Polyacetals were:
China $6.57B
United States $4.49B
Germany $4.19B

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Trade Value of Polyacetals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.66M
TOP IMPORT POTENTIALChina+ $23.3M

Polyacetals’s highest export potential is United States. With an export gap of $9.66M.   Polyacetals’s highest import potential is China with an import gap of $23.3M.

See methodology.

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