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2023
Exports $18.5MWorld Rnk 30 / 79
Flag Rnk 416 / 1214
2023
Destination $18.4M Belgium
2022 - 2023
FASTEST GROWING MARKET $18.4MBelgium
2023
PRODUCT COMPLEXITY IN Rapeseed-0.22Rnk 622 / 1025
2023
Imports $3.21MWorld Rnk 52 / 125
Flag Rnk 843 / 1211
2023
Origin $215k Australia
2022 - 2023
FASTEST GROWING ORIGIN $215kArgentina
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $18.5M in Rapeseed, making it the 30th largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 416th most exported product in South Africa. The main destination of Rapeseed exports from South Africa are: Belgium ($18.4M), Zimbabwe ($61k), Botswana ($15.5k), Lesotho ($14.6k), and Italy ($10.8k).

The fastest growing export markets for Rapeseed of South Africa between 2022 and 2023 were Belgium ($18.4M), Zimbabwe ($59.7k), and Italy ($10.8k).

Imports In 2023, South Africa imported $3.21M in Rapeseed, becoming the 52nd largest importer of Rapeseed in the world. At the same year, Rapeseed was the 843rd most imported product in South Africa. South Africa imports Rapeseed primarily from: Australia ($1.74M), Argentina ($805k), Chile ($197k), Spain ($170k), and Canada ($79.7k).

The fastest growing import markets in Rapeseed for South Africa between 2022 and 2023 were Argentina ($215k), Spain ($170k), and Chile ($87.8k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Rapeseed exports accounted up to ZAR44.6k and imports accounted up to ZAR12.6M, resulting in a negative trade balance of ZAR12.5M. Between October 2023 and November 2024 the exports of South Africa's   Rapeseed have decreased by ZAR-3.36k (-7.01%) from ZAR47.9k to ZAR44.6k, while imports increased by ZAR12M (2.16k%) from ZAR557k to ZAR12.6M.

Destinations In November 2024, Rapeseed were exported mostly to Lesotho (ZAR44.1k) and Japan (ZAR460), and were imported mostly from Australia (ZAR12.3M) and Hungary (ZAR326k).

Growth In November 2024, the decrease in Rapeseed's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Rapeseed's year-by-year imports was explained primarily by an increase in imports from Denmark (ZAR7.99k or 4.91%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - November 2024)ZAR-3.36k(-7.01%)
IMPORT GROWTH (September 2023 - November 2024)ZAR12M(2.16k%)
MAIN EXPORTER (November 2024)Cape TownZAR282M
MAIN DESTINATION (November 2024)LesothoZAR44.1k

This section shows Rapeseed'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 Rapeseed over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$18.5M
IMPORTS (2023)$3.21M
NET TRADE (2023)$15.3M

In 2023, South Africa exported $18.5M in Rapeseed. The main destinations of South Africa exports on Rapeseed were Belgium ($18.4M), Zimbabwe ($61k), Botswana ($15.5k), Lesotho ($14.6k), and Italy ($10.8k).

In 2023, South Africa imported $3.21M in Rapeseed, mainly from Australia ($1.74M), Argentina ($805k), Chile ($197k), Spain ($170k), and Canada ($79.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Belgium$18.4M (1%)
Zimbabwe$59.7k (4.56k%)
Italy$10.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed BY South Africa WERE (2022 - 2023):
Germany-$22M (-100%)
Botswana-$22.5k (-59.2%)
Zambia-$12.4k (-100%)
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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 Rapeseed were:
Canada $4.57B
Australia $4.03B
Romania $1.49B
In 2023, South Africa's main importing competitors in Rapeseed were:
Germany $3.36B
China $3.27B
Japan $1.29B

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Trade Value of Rapeseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.08M
TOP IMPORT POTENTIALAustralia+ $1.08M

Rapeseed’s highest export potential is Germany. With an export gap of $1.08M.   Rapeseed’s highest import potential is Australia with an import gap of $1.08M.

See methodology.

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