Pure Olive Oil in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $4.85M in Pure Olive Oil, making it the 31st largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 660th most exported product in South Africa. The main destination of Pure Olive Oil exports from South Africa are: Namibia ($872k), Botswana ($715k), Zambia ($707k), Malawi ($345k), and Eswatini ($338k).

The fastest growing export markets for Pure Olive Oil of South Africa between 2021 and 2022 were Sri Lanka ($183k), Zambia ($170k), and Mozambique ($146k).

Imports In 2022, South Africa imported $21M in Pure Olive Oil, becoming the 39th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 499th most imported product in South Africa. South Africa imports Pure Olive Oil primarily from: Spain ($11.6M), Italy ($7.66M), Portugal ($713k), Greece ($688k), and Turkey ($64.4k).

The fastest growing import markets in Pure Olive Oil for South Africa between 2021 and 2022 were Spain ($1.94M), Italy ($1.36M), and Greece ($143k).

Latest Trends

March 2024

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Overview In March 2024 South Africa's Pure Olive Oil exports accounted up to ZAR5.26M and imports accounted up to ZAR14.1M, resulting in a negative trade balance of ZAR8.81M. Between March 2023 and March 2024 the exports of South Africa's Pure Olive Oil have decreased by ZAR-503k (-8.73%) from ZAR5.76M to ZAR5.26M, while imports decreased by ZAR-7.31M (-34.2%) from ZAR21.4M to ZAR14.1M.

Destinations In March 2024, Pure Olive Oil were exported mostly to Botswana (ZAR1.7M), Mozambique (ZAR1.25M), Namibia (ZAR801k), United Kingdom (ZAR341k), and United States (ZAR219k), and were imported mostly from Italy (ZAR7.19M), Spain (ZAR5.98M), Greece (ZAR604k), Portugal (ZAR293k), and Norway (ZAR3.94k).

Growth In March 2024, the decrease in Pure Olive Oil's year-by-year exports was explained primarily by a decrease in exports to Zambia (ZAR-301k or -40.6%) and Mozambique (ZAR-106k or -38.7%). In March 2024, the decrease in Pure Olive Oil's year-by-year imports was explained primarily by a decrease in imports from Italy (ZAR-6.43M or -62.9%), Spain (ZAR-1.76M or -10.2%), and Greece (ZAR-1.05M or -81.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)ZAR-503k(-8.73%)

IMPORT GROWTH (March 2023 - March 2024)ZAR-7.31M(-34.2%)

MAIN EXPORTER (March 2024)KopfonteinZAR1.96M

MAIN DESTINATION (March 2024)BotswanaZAR1.7M

This section shows Pure Olive Oil'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 Pure Olive Oil over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$4.85M

IMPORTS (2022)$21M

NET TRADE (2022)-$16.1M

In 2022, South Africa exported $4.85M in Pure Olive Oil. The main destinations of South Africa exports on Pure Olive Oil were Namibia ($872k), Botswana ($715k), Zambia ($707k), Malawi ($345k), and Eswatini ($338k).

In 2022, South Africa imported $21M in Pure Olive Oil, mainly from Spain ($11.6M), Italy ($7.66M), Portugal ($713k), Greece ($688k), and Turkey ($64.4k).

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