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2023
Exports $23.8MWorld Rnk 52 / 183
Flag Rnk 362 / 1214
2023
Destination $5.06M Hong Kong
2022 - 2023
FASTEST GROWING MARKET $5.06MHong Kong
2023
PRODUCT COMPLEXITY IN Processed Crustaceans-1.65Rnk 967 / 1025
2023
Imports $18.5MWorld Rnk 45 / 220
Flag Rnk 492 / 1211
2023
Origin $799k India
2022 - 2023
FASTEST GROWING ORIGIN $799kIndia
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $23.8M in Processed Crustaceans, making it the 52nd largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 362nd most exported product in South Africa. The main destination of Processed Crustaceans exports from South Africa are: Hong Kong ($13M), Singapore ($2.99M), Macau ($922k), Namibia ($723k), and United States ($717k).

The fastest growing export markets for Processed Crustaceans of South Africa between 2022 and 2023 were Hong Kong ($5.06M), Macau ($665k), and Zimbabwe ($240k).

Imports In 2023, South Africa imported $18.5M in Processed Crustaceans, becoming the 45th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 492nd most imported product in South Africa. South Africa imports Processed Crustaceans primarily from: India ($6.13M), China ($3.3M), Nicaragua ($1.87M), Argentina ($1.39M), and Ecuador ($1.22M).

The fastest growing import markets in Processed Crustaceans for South Africa between 2022 and 2023 were India ($799k), Nicaragua ($420k), and Thailand ($391k).

Latest Trends

December 2024

About

Overview In December 2024 South Africa's Processed Crustaceans exports accounted up to ZAR11.7M and imports accounted up to ZAR34M, resulting in a negative trade balance of ZAR22.3M. Between December 2023 and December 2024 the exports of South Africa's   Processed Crustaceans have increased by ZAR7.9M (209%) from ZAR3.78M to ZAR11.7M, while imports increased by ZAR13.8M (68.4%) from ZAR20.2M to ZAR34M.

Destinations In December 2024, Processed Crustaceans were exported mostly to Hong Kong (ZAR9.41M), Singapore (ZAR1.33M), Canada (ZAR530k), Namibia (ZAR189k), and Botswana (ZAR64.8k), and were imported mostly from India (ZAR15.3M), China (ZAR6.77M), Thailand (ZAR5.33M), Vietnam (ZAR2.29M), and Malaysia (ZAR2M).

Growth In December 2024, the increase in Processed Crustaceans's year-by-year exports was explained primarily by an increase in exports to Hong Kong (ZAR1.02M or 7.11%), Singapore (ZAR950k or 197%), and Democratic Republic of the Congo (ZAR615k or 249%). In December 2024, the increase in Processed Crustaceans's year-by-year imports was explained primarily by an increase in imports from China (ZAR2.47M or 322%), Indonesia (ZAR1.56M or 3.26k%), and Hong Kong (ZAR1.25k or 5.66%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)ZAR7.9M(209%)
IMPORT GROWTH (December 2023 - December 2024)ZAR13.8M(68.4%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Hong KongZAR9.41M

This section shows Processed Crustaceans'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 Processed Crustaceans over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$23.8M
IMPORTS (2023)$18.5M
NET TRADE (2023)$5.33M

In 2023, South Africa exported $23.8M in Processed Crustaceans. The main destinations of South Africa exports on Processed Crustaceans were Hong Kong ($13M), Singapore ($2.99M), Macau ($922k), Namibia ($723k), and United States ($717k).

In 2023, South Africa imported $18.5M in Processed Crustaceans, mainly from India ($6.13M), China ($3.3M), Nicaragua ($1.87M), Argentina ($1.39M), and Ecuador ($1.22M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Hong Kong$5.06M (63.5%)
Macau$665k (259%)
Zimbabwe$240k (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY South Africa WERE (2022 - 2023):
Singapore-$841k (-22%)
United States-$539k (-42.9%)
Namibia-$315k (-30.3%)
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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 Processed Crustaceans were:
China $2.35B
Vietnam $1.54B
Indonesia $1.35B
In 2023, South Africa's main importing competitors in Processed Crustaceans were:
United States $3.51B
China $2.24B
Japan $1.81B

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.4M
TOP IMPORT POTENTIALChina+ $2.12M

Processed Crustaceans’s highest export potential is United States. With an export gap of $1.4M.   Processed Crustaceans’s highest import potential is China with an import gap of $2.12M.

See methodology.

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