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2023
Exports $4.13MWorld Rnk 31 / 160
Flag Rnk 681 / 1214
2023
Destination $207k Namibia
2022 - 2023
FASTEST GROWING MARKET $207kUnited States
2023
PRODUCT COMPLEXITY IN Pure Olive Oil-0.73Rnk 765 / 1025
2023
Imports $15.9MWorld Rnk 42 / 221
Flag Rnk 522 / 1211
2023
Origin $11k Spain
2022 - 2023
FASTEST GROWING ORIGIN $11kCyprus
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $4.13M 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 681st most exported product in South Africa. The main destination of Pure Olive Oil exports from South Africa are: Namibia ($782k), Botswana ($640k), Zambia ($466k), United States ($324k), and Zimbabwe ($293k).

The fastest growing export markets for Pure Olive Oil of South Africa between 2022 and 2023 were United States ($207k), Spain ($121k), and Zimbabwe ($102k).

Imports In 2023, South Africa imported $15.9M in Pure Olive Oil, becoming the 42nd largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 522nd most imported product in South Africa. South Africa imports Pure Olive Oil primarily from: Spain ($10.9M), Italy ($4.11M), Portugal ($491k), Greece ($304k), and Turkey ($11.4k).

The fastest growing import markets in Pure Olive Oil for South Africa between 2022 and 2023 were Cyprus ($11k), China ($5.78k), and Namibia ($4.79k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Pure Olive Oil exports accounted up to ZAR9.61M and imports accounted up to ZAR36.9M, resulting in a negative trade balance of ZAR27.2M. Between November 2023 and November 2024 the exports of South Africa's   Pure Olive Oil have increased by ZAR3.02M (45.9%) from ZAR6.59M to ZAR9.61M, while imports decreased by ZAR-27M (-42.3%) from ZAR63.9M to ZAR36.9M.

Destinations In November 2024, Pure Olive Oil were exported mostly to Namibia (ZAR1.78M), Botswana (ZAR1.67M), Zimbabwe (ZAR1.02M), Mauritius (ZAR991k), and Zambia (ZAR712k), and were imported mostly from Spain (ZAR21.6M), Italy (ZAR7.61M), Greece (ZAR3.29M), Portugal (ZAR3.27M), and France (ZAR1.03M).

Growth In November 2024, the increase in Pure Olive Oil's year-by-year exports was explained primarily by an increase in exports to Botswana (ZAR341k or 63.8%), Namibia (ZAR162k or 30.2%), and Eswatini (ZAR153k or 123%). In November 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
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR3.02M(45.9%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-27M(-42.3%)
MAIN EXPORTER (November 2024)Cape TownZAR5.24M
MAIN DESTINATION (November 2024)NamibiaZAR1.78M

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
EXPORTS (2023)$4.13M
IMPORTS (2023)$15.9M
NET TRADE (2023)-$11.7M

In 2023, South Africa exported $4.13M in Pure Olive Oil. The main destinations of South Africa exports on Pure Olive Oil were Namibia ($782k), Botswana ($640k), Zambia ($466k), United States ($324k), and Zimbabwe ($293k).

In 2023, South Africa imported $15.9M in Pure Olive Oil, mainly from Spain ($10.9M), Italy ($4.11M), Portugal ($491k), Greece ($304k), and Turkey ($11.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
United States$207k (176%)
Spain$121k (65.8k%)
Zimbabwe$102k (53.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY South Africa WERE (2022 - 2023):
Zambia-$197k (-29.7%)
Sri Lanka-$183k (-100%)
United Kingdom-$117k (-68.6%)
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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 Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, South Africa's main importing competitors in Pure Olive Oil were:
Italy $2.57B
United States $2.17B
Spain $1.25B

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $310k
TOP IMPORT POTENTIALSpain+ $791k

Pure Olive Oil’s highest export potential is United States. With an export gap of $310k.   Pure Olive Oil’s highest import potential is Spain with an import gap of $791k.

See methodology.

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