2023
Exports
$140MWorld Rnk 49 / 207
Flag Rnk 104 / 1214
2023
PRODUCT COMPLEXITY IN Scrap Iron
-0.57Rnk 726 / 1025
2023
Imports
$6.65MWorld Rnk 69 / 177
Flag Rnk 704 / 1211
2023
ECONOMIC COMPLEXITY of South Africa
0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $140M in Scrap Iron, making it the 49th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 104th most exported product in South Africa. The main destination of Scrap Iron exports from South Africa are: India ($118M), Netherlands ($3.62M), United Kingdom ($2.61M), Chinese Taipei ($2.14M), and Pakistan ($1.98M).

The fastest growing export markets for Scrap Iron of South Africa between 2022 and 2023 were United Kingdom ($2.61M), Netherlands ($2.48M), and Chinese Taipei ($2.08M).

Imports In 2023, South Africa imported $6.65M in Scrap Iron, becoming the 69th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 704th most imported product in South Africa. South Africa imports Scrap Iron primarily from: Botswana ($3.82M), Lesotho ($789k), Eswatini ($519k), Zambia ($411k), and Zimbabwe ($377k).

The fastest growing import markets in Scrap Iron for South Africa between 2022 and 2023 were Netherlands ($51.1k), China ($17.2k), and Ukraine ($4.89k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR113M(79.4%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-4.75M(-37.6%)
MAIN EXPORTER (November 2024)DurbanZAR161M
MAIN DESTINATION (November 2024)IndiaZAR173M

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 (2023)$140M
IMPORTS (2023)$6.65M
NET TRADE (2023)$133M

In 2023, South Africa exported $140M in Scrap Iron. The main destinations of South Africa exports on Scrap Iron were India ($118M), Netherlands ($3.62M), United Kingdom ($2.61M), Chinese Taipei ($2.14M), and Pakistan ($1.98M).

In 2023, South Africa imported $6.65M in Scrap Iron, mainly from Botswana ($3.82M), Lesotho ($789k), Eswatini ($519k), Zambia ($411k), and Zimbabwe ($377k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
United Kingdom$2.61M (1%)
Netherlands$2.48M (217%)
Chinese Taipei$2.08M (3.68k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY South Africa WERE (2022 - 2023):
India-$57.4M (-32.8%)
Pakistan-$29.3M (-93.7%)
Bangladesh-$26.7M (-99.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Scrap Iron were:
In 2023, South Africa's main importing competitors in Scrap Iron were:
Turkey $7.59B
India $6.63B
Italy $2.59B

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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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