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2022
Exports $181MWorld Rnk 27 / 119
Flag Rnk 83 / 1213
2022
Destination $61.2M Kenya
2021 - 2022
FASTEST GROWING MARKET $61.2MKenya
2022
PRODUCT COMPLEXITY IN Semi-Finished Iron-0.88Rnk 800 / 1025
2022
Imports $2.29MWorld Rnk 92 / 188
Flag Rnk 904 / 1213
2022
Origin $94.9k Italy
2021 - 2022
FASTEST GROWING ORIGIN $94.9kGermany
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $181M in Semi-Finished Iron, making it the 27th largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 83rd most exported product in South Africa. The main destination of Semi-Finished Iron exports from South Africa are: Kenya ($82.5M), Tanzania ($50.5M), Chinese Taipei ($22.1M), Mauritius ($7.09M), and Sri Lanka ($5.44M).

The fastest growing export markets for Semi-Finished Iron of South Africa between 2021 and 2022 were Kenya ($61.2M), Tanzania ($27.2M), and Mauritius ($2.34M).

Imports In 2022, South Africa imported $2.29M in Semi-Finished Iron, becoming the 92nd largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 904th most imported product in South Africa. South Africa imports Semi-Finished Iron primarily from: Italy ($1.03M), Germany ($476k), Spain ($246k), Belgium ($213k), and China ($111k).

The fastest growing import markets in Semi-Finished Iron for South Africa between 2021 and 2022 were Germany ($94.9k), China ($85k), and Belgium ($68.2k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Semi-Finished Iron exports accounted up to ZAR172M and imports accounted up to ZAR710k, resulting in a positive trade balance of ZAR172M. Between June 2023 and June 2024 the exports of South Africa's   Semi-Finished Iron have decreased by ZAR-242M (-58.4%) from ZAR414M to ZAR172M, while imports decreased by ZAR-741k (-51.1%) from ZAR1.45M to ZAR710k.

Destinations In June 2024, Semi-Finished Iron were exported mostly to Sri Lanka (ZAR40.5M), Tanzania (ZAR35.7M), Kenya (ZAR31.6M), Senegal (ZAR20.2M), and Chinese Taipei (ZAR18.8M), and were imported mostly from Ukraine (ZAR432k), Spain (ZAR226k), Germany (ZAR31.1k), China (ZAR10.7k), and Netherlands (ZAR10.6k).

Growth In June 2024, the decrease in Semi-Finished Iron's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei (ZAR-4.49M or -36.5%) and Eswatini (ZAR-3.48k or -2.12%). In June 2024, the decrease in Semi-Finished Iron's year-by-year imports was explained primarily by a decrease in imports from Italy (ZAR-2.78M or -99.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-242M(-58.4%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-741k(-51.1%)
MAIN EXPORTER (June 2024)DurbanZAR264M
MAIN DESTINATION (June 2024)Sri LankaZAR40.5M

This section shows Semi-Finished 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 Semi-Finished Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$181M
IMPORTS (2022)$2.29M
NET TRADE (2022)$179M

In 2022, South Africa exported $181M in Semi-Finished Iron. The main destinations of South Africa exports on Semi-Finished Iron were Kenya ($82.5M), Tanzania ($50.5M), Chinese Taipei ($22.1M), Mauritius ($7.09M), and Sri Lanka ($5.44M).

In 2022, South Africa imported $2.29M in Semi-Finished Iron, mainly from Italy ($1.03M), Germany ($476k), Spain ($246k), Belgium ($213k), and China ($111k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Kenya$61.2M (287%)
Tanzania$27.2M (117%)
Mauritius$2.34M (49.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY South Africa WERE (2021 - 2022):
Ghana-$19M (-100%)
Mauritania-$6.88M (-80.3%)
Uganda-$3.11M (-54.1%)
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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 Semi-Finished Iron were:
Russia $8.38B
Oman $3.44B
Brazil $3.42B
In 2022, South Africa's main importing competitors in Semi-Finished Iron were:
United States $3.03B
Turkey $2.81B
China $2.38B

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Trade Value of Semi-Finished Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.12M
TOP IMPORT POTENTIALGermany+ $284k

Semi-Finished Iron’s highest export potential is India. With an export gap of $2.12M.   Semi-Finished Iron’s highest import potential is Germany with an import gap of $284k.

See methodology.

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