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2023
Exports $1.54MWorld Rnk 43 / 171
Flag Rnk 856 / 1214
2023
Destination $222k Namibia
2022 - 2023
FASTEST GROWING MARKET $222kNamibia
2023
PRODUCT COMPLEXITY IN Sound Recording Equipment0.41Rnk 405 / 1025
2023
Imports $10.8MWorld Rnk 40 / 209
Flag Rnk 608 / 1211
2023
Origin $527k China
2022 - 2023
FASTEST GROWING ORIGIN $527kVietnam
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $1.54M in Sound Recording Equipment, making it the 43rd largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 856th most exported product in South Africa. The main destination of Sound Recording Equipment exports from South Africa are: Namibia ($597k), Botswana ($170k), Malawi ($117k), Eswatini ($85.3k), and Mozambique ($85.3k).

The fastest growing export markets for Sound Recording Equipment of South Africa between 2022 and 2023 were Namibia ($222k), Mauritius ($74.9k), and Uganda ($29.1k).

Imports In 2023, South Africa imported $10.8M in Sound Recording Equipment, becoming the 40th largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 608th most imported product in South Africa. South Africa imports Sound Recording Equipment primarily from: China ($4.93M), Vietnam ($2.56M), Malaysia ($1.02M), United States ($679k), and Germany ($462k).

The fastest growing import markets in Sound Recording Equipment for South Africa between 2022 and 2023 were Vietnam ($527k), Malaysia ($520k), and Germany ($305k).

Latest Trends

December 2024

About

Overview In December 2024 South Africa's Sound Recording Equipment exports accounted up to ZAR2.24M and imports accounted up to ZAR11.6M, resulting in a negative trade balance of ZAR9.32M. Between December 2023 and December 2024 the exports of South Africa's   Sound Recording Equipment have increased by ZAR1.49M (197%) from ZAR756k to ZAR2.24M, while imports decreased by ZAR-1.02M (-8.1%) from ZAR12.6M to ZAR11.6M.

Destinations In December 2024, Sound Recording Equipment were exported mostly to Zimbabwe (ZAR599k), Lesotho (ZAR471k), Eswatini (ZAR273k), Zambia (ZAR254k), and Namibia (ZAR224k), and were imported mostly from China (ZAR5.97M), United States (ZAR1.68M), Vietnam (ZAR1.08M), Malaysia (ZAR919k), and Poland (ZAR781k).

Growth In December 2024, the increase in Sound Recording Equipment's year-by-year exports was explained primarily by an increase in exports to Malawi (ZAR619k or 11.9k%), Namibia (ZAR480k or 197%), and Lesotho (ZAR33k or 168%). In December 2024, the decrease in Sound Recording Equipment's year-by-year imports was explained primarily by a decrease in imports from China (ZAR-7.01M or -76.9%), Vietnam (ZAR-2.32M or -96.8%), and Japan (ZAR-57.5k or -34.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)ZAR1.49M(197%)
IMPORT GROWTH (December 2023 - December 2024)ZAR-1.02M(-8.1%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)ZimbabweZAR599k

This section shows Sound Recording Equipment'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 Sound Recording Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.54M
IMPORTS (2023)$10.8M
NET TRADE (2023)-$9.29M

In 2023, South Africa exported $1.54M in Sound Recording Equipment. The main destinations of South Africa exports on Sound Recording Equipment were Namibia ($597k), Botswana ($170k), Malawi ($117k), Eswatini ($85.3k), and Mozambique ($85.3k).

In 2023, South Africa imported $10.8M in Sound Recording Equipment, mainly from China ($4.93M), Vietnam ($2.56M), Malaysia ($1.02M), United States ($679k), and Germany ($462k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Namibia$222k (59%)
Mauritius$74.9k (10.1k%)
Uganda$29.1k (1.22k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY South Africa WERE (2022 - 2023):
Lesotho-$272k (-78.1%)
Botswana-$193k (-53.2%)
Republic of the Congo-$126k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Sound Recording Equipment were:
China $2.14B
Vietnam $402M
Netherlands $211M
In 2023, South Africa's main importing competitors in Sound Recording Equipment were:
United States $1.01B
Germany $388M
Netherlands $243M

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $88k
TOP IMPORT POTENTIALChina+ $1.81M

Sound Recording Equipment’s highest export potential is United States. With an export gap of $88k.   Sound Recording Equipment’s highest import potential is China with an import gap of $1.81M.

See methodology.

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