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2022
Exports $55.9kWorld Rnk 48 / 68
Flag Rnk 1147 / 1213
2022
Destination $23.6k Ireland
2021 - 2022
FASTEST GROWING MARKET $23.6kIreland
2022
PRODUCT COMPLEXITY IN Tantalum0.61Rnk 320 / 1025
2022
Imports $1.77MWorld Rnk 32 / 114
Flag Rnk 946 / 1213
2022
Origin $30.6k United States
2021 - 2022
FASTEST GROWING ORIGIN $30.6kBotswana
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $55.9k in Tantalum, making it the 48th largest exporter of Tantalum in the world. At the same year, Tantalum was the 1147th most exported product in South Africa. The main destination of Tantalum exports from South Africa are: Ireland ($23.6k), United Kingdom ($18.6k), Nigeria ($5.32k), Netherlands ($4.86k), and Zambia ($2.9k).

The fastest growing export markets for Tantalum of South Africa between 2021 and 2022 were Ireland ($23.6k), United Kingdom ($7.71k), and Nigeria ($5.32k).

Imports In 2022, South Africa imported $1.77M in Tantalum, becoming the 32nd largest importer of Tantalum in the world. At the same year, Tantalum was the 946th most imported product in South Africa. South Africa imports Tantalum primarily from: United States ($1.71M), Botswana ($30.6k), Denmark ($11.5k), Canada ($5.1k), and France ($5.09k).

The fastest growing import markets in Tantalum for South Africa between 2021 and 2022 were Botswana ($30.6k), Denmark ($10.2k), and Canada ($5.1k).

Latest Trends

October 2024

About

Overview In October 2024 South Africa's Tantalum exports accounted up to ZAR85.9k and imports accounted up to ZAR2.9M, resulting in a negative trade balance of ZAR2.81M. Between March 2023 and October 2024 the exports of South Africa's   Tantalum have increased by ZAR63.8k (288%) from ZAR22.2k to ZAR85.9k, while imports increased by ZAR528k (22.3%) from ZAR2.37M to ZAR2.9M.

Destinations In October 2024, Tantalum were exported mostly to United Kingdom (ZAR76.9k), Tanzania (ZAR6.24k), and Zimbabwe (ZAR2.74k), and were imported mostly from United States (ZAR2.9M).

Growth In October 2024, the increase in Tantalum's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the increase in Tantalum's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - October 2024)ZAR63.8k(288%)
IMPORT GROWTH (October 2023 - October 2024)ZAR528k(22.3%)
MAIN EXPORTER (October 2024)O.r. Tambo Int AirportZAR76.9k
MAIN DESTINATION (October 2024)United KingdomZAR76.9k

This section shows Tantalum'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 Tantalum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$55.9k
IMPORTS (2022)$1.77M
NET TRADE (2022)-$1.72M

In 2022, South Africa exported $55.9k in Tantalum. The main destinations of South Africa exports on Tantalum were Ireland ($23.6k), United Kingdom ($18.6k), Nigeria ($5.32k), Netherlands ($4.86k), and Zambia ($2.9k).

In 2022, South Africa imported $1.77M in Tantalum, mainly from United States ($1.71M), Botswana ($30.6k), Denmark ($11.5k), Canada ($5.1k), and France ($5.09k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tantalum EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Ireland$23.6k (1%)
United Kingdom$7.71k (71%)
Nigeria$5.32k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tantalum BY South Africa WERE (2021 - 2022):
Zimbabwe-$200 (-100%)
Democratic Republic of the Congo-$69 (-100%)
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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 Tantalum were:
United States $337M
China $311M
Germany $142M
In 2022, South Africa's main importing competitors in Tantalum were:
United States $365M
China $149M
Germany $105M

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Trade Value of Tantalum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $10.5k
TOP IMPORT POTENTIALChina+ $22.5k

Tantalum’s highest export potential is United Kingdom. With an export gap of $10.5k.   Tantalum’s highest import potential is China with an import gap of $22.5k.

See methodology.

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