2022
Exports
$68.6MWorld Rnk 34 / 144
Flag Rnk 188 / 1213
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$5.13MWorld Rnk 61 / 182
Flag Rnk 774 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $68.6M in Silver, making it the 34th largest exporter of Silver in the world. At the same year, Silver was the 188th most exported product in South Africa. The main destination of Silver exports from South Africa are: India ($43.9M), Hong Kong ($8.93M), China ($5.54M), United States ($4.31M), and United Arab Emirates ($2.78M).

The fastest growing export markets for Silver of South Africa between 2021 and 2022 were India ($35.9M), United Arab Emirates ($2.58M), and China ($2.39M).

Imports In 2022, South Africa imported $5.13M in Silver, becoming the 61st largest importer of Silver in the world. At the same year, Silver was the 774th most imported product in South Africa. South Africa imports Silver primarily from: United States ($1.81M), Germany ($944k), United Kingdom ($684k), France ($455k), and Italy ($450k).

The fastest growing import markets in Silver for South Africa between 2021 and 2022 were United States ($1.54M), France ($388k), and Bulgaria ($110k).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR247M(80.3k%)
IMPORT GROWTH (August 2023 - August 2024)ZAR479k(5.55%)
MAIN EXPORTER (August 2024)O.r. Tambo Int AirportZAR247M
MAIN DESTINATION (August 2024)IndiaZAR247M

This section shows Silver'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 Silver over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$68.6M
IMPORTS (2022)$5.13M
NET TRADE (2022)$63.5M

In 2022, South Africa exported $68.6M in Silver. The main destinations of South Africa exports on Silver were India ($43.9M), Hong Kong ($8.93M), China ($5.54M), United States ($4.31M), and United Arab Emirates ($2.78M).

In 2022, South Africa imported $5.13M in Silver, mainly from United States ($1.81M), Germany ($944k), United Kingdom ($684k), France ($455k), and Italy ($450k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
India$35.9M (455%)
United Arab Emirates$2.58M (1.26k%)
China$2.39M (75.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY South Africa WERE (2021 - 2022):
Austria-$5.07M (-100%)
Switzerland-$4.43M (-92.6%)
United States-$3.14M (-42.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Silver were:
In 2022, South Africa's main importing competitors in Silver were:

Explore Visualizations

Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.98M
TOP IMPORT POTENTIALUnited States+ $729k

Silver’s highest export potential is United States. With an export gap of $6.98M.   Silver’s highest import potential is United States with an import gap of $729k.

See methodology.

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