Synthetic Fabrics in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $993k in Synthetic Fabrics, making it the 56th largest exporter of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 910th most exported product in South Africa. The main destination of Synthetic Fabrics exports from South Africa are: Namibia ($275k), United States ($164k), Zimbabwe ($142k), New Zealand ($104k), and Eswatini ($69.2k).

The fastest growing export markets for Synthetic Fabrics of South Africa between 2021 and 2022 were United States ($109k), Australia ($50.1k), and Vietnam ($29k).

Imports In 2022, South Africa imported $13.3M in Synthetic Fabrics, becoming the 59th largest importer of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 601st most imported product in South Africa. South Africa imports Synthetic Fabrics primarily from: China ($7.81M), Spain ($1.14M), Germany ($969k), Chinese Taipei ($807k), and United States ($566k).

The fastest growing import markets in Synthetic Fabrics for South Africa between 2021 and 2022 were China ($3.06M), Germany ($561k), and United States ($484k).

Latest Trends

February 2024

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Overview In February 2024 South Africa's Synthetic Fabrics exports accounted up to ZAR858k and imports accounted up to ZAR5.94M, resulting in a negative trade balance of ZAR5.08M. Between February 2023 and February 2024 the exports of South Africa's Synthetic Fabrics have increased by ZAR206k (31.6%) from ZAR652k to ZAR858k, while imports decreased by ZAR-3.22M (-35.2%) from ZAR9.16M to ZAR5.94M.

Destinations In February 2024, Synthetic Fabrics were exported mostly to Namibia (ZAR353k), Eswatini (ZAR296k), Zimbabwe (ZAR74.6k), Mauritius (ZAR69.8k), and Lesotho (ZAR31.7k), and were imported mostly from China (ZAR2.78M), Spain (ZAR1.39M), United States (ZAR434k), France (ZAR348k), and Germany (ZAR286k).

Growth In February 2024, the increase in Synthetic Fabrics's year-by-year exports was explained primarily by an increase in exports to Zimbabwe (ZAR215k or 474%), Namibia (ZAR142k or 37.8%), and Botswana (ZAR16.9k or 1.72k%). In February 2024, the decrease in Synthetic Fabrics's year-by-year imports was explained primarily by a decrease in imports from Italy (ZAR-1.86M or -93.2%), Spain (ZAR-1.38M or -49.3%), and Turkey (ZAR-237k or -97.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)ZAR206k(31.6%)

IMPORT GROWTH (February 2023 - February 2024)ZAR-3.22M(-35.2%)

MAIN EXPORTER (February 2024)VioolsdrifZAR307k

MAIN DESTINATION (February 2024)NamibiaZAR353k

This section shows Synthetic Fabrics'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 Synthetic Fabrics over time.

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