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2022
Exports $208MWorld Rnk 43 / 212
Flag Rnk 68 / 1213
2022
Destination $106M India
2021 - 2022
FASTEST GROWING MARKET $106MIndia
2022
PRODUCT COMPLEXITY IN Scrap Iron-0.59Rnk 720 / 1025
2022
Imports $14.3MWorld Rnk 64 / 187
Flag Rnk 580 / 1213
2022
Origin $266k Botswana
2021 - 2022
FASTEST GROWING ORIGIN $266kUnited Kingdom
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $208M in Scrap Iron, making it the 43rd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 68th most exported product in South Africa. The main destination of Scrap Iron exports from South Africa are: India ($143M), Pakistan ($29.4M), Bangladesh ($26.8M), United Arab Emirates ($1.62M), and Netherlands ($1.32M).

The fastest growing export markets for Scrap Iron of South Africa between 2021 and 2022 were India ($106M), Bangladesh ($13.9M), and United Arab Emirates ($1.44M).

Imports In 2022, South Africa imported $14.3M in Scrap Iron, becoming the 64th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 580th most imported product in South Africa. South Africa imports Scrap Iron primarily from: Botswana ($6.32M), Namibia ($1.38M), Eswatini ($1.21M), Zimbabwe ($1.14M), and Brazil ($796k).

The fastest growing import markets in Scrap Iron for South Africa between 2021 and 2022 were United Kingdom ($266k), India ($209k), and Norway ($66.7k).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Scrap Iron exports accounted up to ZAR69M and imports accounted up to ZAR9.87M, resulting in a positive trade balance of ZAR59.1M. Between August 2023 and August 2024 the exports of South Africa's   Scrap Iron have decreased by ZAR-24.5M (-26.2%) from ZAR93.5M to ZAR69M, while imports decreased by ZAR-7.74M (-43.9%) from ZAR17.6M to ZAR9.87M.

Destinations In August 2024, Scrap Iron were exported mostly to India (ZAR26.2M), Netherlands (ZAR22.4M), Pakistan (ZAR12.7M), Kenya (ZAR3.02M), and Italy (ZAR1.58M), and were imported mostly from Botswana (ZAR5.36M), Unclassified (ZAR1.67M), Lesotho (ZAR1.34M), Zambia (ZAR580k), and Eswatini (ZAR335k).

Growth In August 2024, the decrease in Scrap Iron's year-by-year exports was explained primarily by a decrease in exports to Bangladesh (ZAR-54.3M or -95.7%) and Pakistan (ZAR-43.4M or -96.2%). In August 2024, the decrease in Scrap Iron's year-by-year imports was explained primarily by a decrease in imports from Unclassified (ZAR-914k or -36.7%), Lesotho (ZAR-890k or -47.9%), and Democratic Republic of the Congo (ZAR-833k or -74%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR-24.5M(-26.2%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-7.74M(-43.9%)
MAIN EXPORTER (August 2024)DurbanZAR130M
MAIN DESTINATION (August 2024)IndiaZAR26.2M

This section shows Scrap Iron'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 Scrap Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$208M
IMPORTS (2022)$14.3M
NET TRADE (2022)$194M

In 2022, South Africa exported $208M in Scrap Iron. The main destinations of South Africa exports on Scrap Iron were India ($143M), Pakistan ($29.4M), Bangladesh ($26.8M), United Arab Emirates ($1.62M), and Netherlands ($1.32M).

In 2022, South Africa imported $14.3M in Scrap Iron, mainly from Botswana ($6.32M), Namibia ($1.38M), Eswatini ($1.21M), Zimbabwe ($1.14M), and Brazil ($796k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
India$106M (290%)
Bangladesh$13.9M (108%)
United Arab Emirates$1.44M (817%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY South Africa WERE (2021 - 2022):
Pakistan-$8.93M (-23.3%)
Vietnam-$294k (-41.6%)
Uganda-$279k (-100%)
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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 Scrap Iron were:
United States $7.92B
Germany $5.21B
United Kingdom $3.91B
In 2022, South Africa's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $26.4M
TOP IMPORT POTENTIALUnited Kingdom+ $832k

Scrap Iron’s highest export potential is India. With an export gap of $26.4M.   Scrap Iron’s highest import potential is United Kingdom with an import gap of $832k.

See methodology.

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