Potassic Fertilizers in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $38.1M in Potassic Fertilizers, making it the 23rd largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 290th most exported product in South Africa. The main destination of Potassic Fertilizers exports from South Africa are: Zimbabwe ($20.5M), Zambia ($9.84M), Eswatini ($2.31M), Angola ($1.57M), and Malawi ($1.28M).

The fastest growing export markets for Potassic Fertilizers of South Africa between 2021 and 2022 were Zimbabwe ($10.8M), Zambia ($7.95M), and Angola ($1.35M).

Imports In 2022, South Africa imported $360M in Potassic Fertilizers, becoming the 12th largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 54th most imported product in South Africa. South Africa imports Potassic Fertilizers primarily from: Germany ($124M), Chile ($100M), Jordan ($39.2M), Russia ($29.2M), and Canada ($20.8M).

The fastest growing import markets in Potassic Fertilizers for South Africa between 2021 and 2022 were Germany ($63M), Chile ($62.8M), and Russia ($16.9M).

Latest Trends

February 2024

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Overview In February 2024 South Africa's Potassic Fertilizers exports accounted up to ZAR20.2M and imports accounted up to ZAR181M, resulting in a negative trade balance of ZAR160M. Between February 2023 and February 2024 the exports of South Africa's Potassic Fertilizers have decreased by ZAR-33.3M (-62.2%) from ZAR53.5M to ZAR20.2M, while imports increased by ZAR80.1M (79.6%) from ZAR101M to ZAR181M.

Destinations In February 2024, Potassic Fertilizers were exported mostly to Zambia (ZAR8.39M), Zimbabwe (ZAR4.61M), Eswatini (ZAR3.08M), Argentina (ZAR2.72M), and Namibia (ZAR558k), and were imported mostly from Germany (ZAR69.5M), Israel (ZAR48.9M), Belgium (ZAR25.6M), Russia (ZAR17.9M), and China (ZAR8.6M).

Growth In February 2024, the decrease in Potassic Fertilizers's year-by-year exports was explained primarily by a decrease in exports to Botswana (ZAR-776k or -95.9%) and Eswatini (ZAR-228k or -19.6%). In February 2024, the increase in Potassic Fertilizers's year-by-year imports was explained primarily by an increase in imports from Belgium (ZAR15.5M or 1.07k%), India (ZAR1.51M or 267%), and Chinese Taipei (ZAR1.49M or 84.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)ZAR-33.3M(-62.2%)

IMPORT GROWTH (February 2023 - February 2024)ZAR80.1M(79.6%)

MAIN EXPORTER (February 2024)Groblers BridgeZAR12.9M

MAIN DESTINATION (February 2024)ZambiaZAR8.39M

This section shows Potassic Fertilizers'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 Potassic Fertilizers over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$38.1M

IMPORTS (2022)$360M

NET TRADE (2022)-$322M

In 2022, South Africa exported $38.1M in Potassic Fertilizers. The main destinations of South Africa exports on Potassic Fertilizers were Zimbabwe ($20.5M), Zambia ($9.84M), Eswatini ($2.31M), Angola ($1.57M), and Malawi ($1.28M).

In 2022, South Africa imported $360M in Potassic Fertilizers, mainly from Germany ($124M), Chile ($100M), Jordan ($39.2M), Russia ($29.2M), and Canada ($20.8M).

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