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2022
Exports $1.02BWorld Rnk 6 / 102
Flag Rnk 18 / 1213
2022
Destination $8.26M India
2021 - 2022
FASTEST GROWING MARKET $8.26MSouth Korea
2022
PRODUCT COMPLEXITY IN Raw Copper-2.2Rnk 1006 / 1025
2022
Imports $629kWorld Rnk 36 / 152
Flag Rnk 1057 / 1213
2022
Origin $50.1k Zambia
2021 - 2022
FASTEST GROWING ORIGIN $50.1kBotswana
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $1.02B in Raw Copper, making it the 6th largest exporter of Raw Copper in the world. At the same year, Raw Copper was the 18th most exported product in South Africa. The main destination of Raw Copper exports from South Africa are: India ($666M), China ($322M), South Korea ($13.9M), Australia ($10.9M), and United Arab Emirates ($4.05M).

The fastest growing export markets for Raw Copper of South Africa between 2021 and 2022 were South Korea ($8.26M), United Arab Emirates ($4.05M), and Australia ($2.9M).

Imports In 2022, South Africa imported $629k in Raw Copper, becoming the 36th largest importer of Raw Copper in the world. At the same year, Raw Copper was the 1057th most imported product in South Africa. South Africa imports Raw Copper primarily from: Zambia ($323k), Botswana ($209k), United Kingdom ($42k), Greece ($28.8k), and Spain ($8.78k).

The fastest growing import markets in Raw Copper for South Africa between 2021 and 2022 were Botswana ($50.1k), Greece ($12.4k), and Singapore ($3.3k).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Raw Copper exports accounted up to ZAR577M and imports accounted up to ZAR110, resulting in a positive trade balance of ZAR577M. Between August 2023 and August 2024 the exports of South Africa's   Raw Copper have increased by ZAR115M (24.8%) from ZAR462M to ZAR577M, while imports decreased by ZAR-384k (-100%) from ZAR384k to ZAR110.

Destinations In August 2024, Raw Copper were exported mostly to China (ZAR576M), Namibia (ZAR61.5k), Spain (ZAR35k), and Lesotho (ZAR7.87k), and were imported mostly from Namibia (ZAR110).

Growth In August 2024, the increase in Raw Copper's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the decrease in Raw Copper's year-by-year imports was explained primarily by a decrease in imports from Zambia (ZAR-370k or -47.9%) and United States (ZAR-575 or -52.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR115M(24.8%)
IMPORT GROWTH (June 2023 - August 2024)ZAR-384k(-100%)
MAIN EXPORTER (August 2024)JohannesburgZAR820M
MAIN DESTINATION (August 2024)ChinaZAR576M

This section shows Raw Copper'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 Raw Copper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.02B
IMPORTS (2022)$629k
NET TRADE (2022)$1.02B

In 2022, South Africa exported $1.02B in Raw Copper. The main destinations of South Africa exports on Raw Copper were India ($666M), China ($322M), South Korea ($13.9M), Australia ($10.9M), and United Arab Emirates ($4.05M).

In 2022, South Africa imported $629k in Raw Copper, mainly from Zambia ($323k), Botswana ($209k), United Kingdom ($42k), Greece ($28.8k), and Spain ($8.78k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Copper EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
South Korea$8.26M (146%)
United Arab Emirates$4.05M (1%)
Australia$2.9M (36.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Copper BY South Africa WERE (2021 - 2022):
China-$37.6M (-10.5%)
India-$26.3M (-3.8%)
Netherlands-$4.16M (-98.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Raw Copper were:
Zambia $6.6B
Chile $2.97B
Bulgaria $1.43B
In 2022, South Africa's main importing competitors in Raw Copper were:
China $6.42B
Switzerland $3.22B
India $2.06B

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Trade Value of Raw Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $62.9M
TOP IMPORT POTENTIALZambia+ $469k

Raw Copper’s highest export potential is China. With an export gap of $62.9M.   Raw Copper’s highest import potential is Zambia with an import gap of $469k.

See methodology.

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