2023
Exports
$6.41MWorld Rnk 22 / 82
Flag Rnk 600 / 1214
2023
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.67Rnk 297 / 1025
2023
Imports
$7.45MWorld Rnk 25 / 146
Flag Rnk 683 / 1211
2023
ECONOMIC COMPLEXITY of South Africa
0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $6.41M in Rare-Earth Metal Compounds, making it the 22nd largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 600th most exported product in South Africa. The main destination of Rare-Earth Metal Compounds exports from South Africa are: United States ($5.21M), Turkey ($637k), China ($418k), Australia ($60.2k), and Poland ($27.2k).

The fastest growing export markets for Rare-Earth Metal Compounds of South Africa between 2022 and 2023 were United States ($820k), China ($418k), and Poland ($27.2k).

Imports In 2023, South Africa imported $7.45M in Rare-Earth Metal Compounds, becoming the 25th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 683rd most imported product in South Africa. South Africa imports Rare-Earth Metal Compounds primarily from: China ($2.36M), Estonia ($2.33M), Japan ($1.59M), India ($456k), and United States ($252k).

The fastest growing import markets in Rare-Earth Metal Compounds for South Africa between 2022 and 2023 were China ($1.87M), Japan ($1.57M), and India ($454k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - November 2024)ZAR8.81M(128%)
IMPORT GROWTH (December 2023 - December 2024)ZAR-474k(-6.58%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)

This section shows Rare-Earth Metal Compounds'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 Rare-Earth Metal Compounds over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$6.41M
IMPORTS (2023)$7.45M
NET TRADE (2023)-$1.03M

In 2023, South Africa exported $6.41M in Rare-Earth Metal Compounds. The main destinations of South Africa exports on Rare-Earth Metal Compounds were United States ($5.21M), Turkey ($637k), China ($418k), Australia ($60.2k), and Poland ($27.2k).

In 2023, South Africa imported $7.45M in Rare-Earth Metal Compounds, mainly from China ($2.36M), Estonia ($2.33M), Japan ($1.59M), India ($456k), and United States ($252k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
United States$820k (18.7%)
China$418k (1%)
Poland$27.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-Earth Metal Compounds BY South Africa WERE (2022 - 2023):
Germany-$78.1k (-100%)
Turkey-$74.3k (-10.4%)
Thailand-$17.7k (-61.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Rare-Earth Metal Compounds were:
Burma $1.44B
China $513M
In 2023, South Africa's main importing competitors in Rare-Earth Metal Compounds were:
China $1.98B
Japan $478M

Explore Visualizations

Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $98.3k
TOP IMPORT POTENTIALChina+ $429k

Rare-Earth Metal Compounds’s highest export potential is Germany. With an export gap of $98.3k.   Rare-Earth Metal Compounds’s highest import potential is China with an import gap of $429k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with