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2023
Exports $546MWorld Rnk 1 / 79
Flag Rnk 27 / 1214
2023
Destination $17.2M United States
2022 - 2023
FASTEST GROWING MARKET $17.2MMalaysia
2023
PRODUCT COMPLEXITY IN Titanium Ore-1.98Rnk 997 / 1025
2023
Imports $6.62MWorld Rnk 30 / 99
Flag Rnk 706 / 1211
2023
Origin $6M Australia
2022 - 2023
FASTEST GROWING ORIGIN $6MAustralia
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $546M in Titanium Ore, making it the 1st largest exporter of Titanium Ore in the world. At the same year, Titanium Ore was the 27th most exported product in South Africa. The main destination of Titanium Ore exports from South Africa are: United States ($112M), Japan ($95.3M), Germany ($88.6M), Belgium ($71.9M), and United Kingdom ($48M).

The fastest growing export markets for Titanium Ore of South Africa between 2022 and 2023 were Malaysia ($17.2M), Belgium ($15.3M), and Canada ($6.59M).

Imports In 2023, South Africa imported $6.62M in Titanium Ore, becoming the 30th largest importer of Titanium Ore in the world. At the same year, Titanium Ore was the 706th most imported product in South Africa. South Africa imports Titanium Ore primarily from: Australia ($6.15M), Senegal ($250k), China ($125k), Netherlands ($92.1k), and Spain ($1.25k).

The fastest growing import markets in Titanium Ore for South Africa between 2022 and 2023 were Australia ($6M), Netherlands ($92.1k), and China ($86.3k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Titanium Ore exports accounted up to ZAR1.31B and imports accounted up to ZAR304k, resulting in a positive trade balance of ZAR1.31B. Between November 2023 and November 2024 the exports of South Africa's   Titanium Ore have decreased by ZAR-124M (-8.65%) from ZAR1.44B to ZAR1.31B, while imports decreased by ZAR-1.68M (-84.6%) from ZAR1.98M to ZAR304k.

Destinations In November 2024, Titanium Ore were exported mostly to Belgium (ZAR452M), United States (ZAR307M), China (ZAR305M), Japan (ZAR156M), and Netherlands (ZAR92.4M), and were imported mostly from China (ZAR301k), Saudi Arabia (ZAR1.84k), Cameroon (ZAR900), Norway (ZAR390), and Nigeria (ZAR25).

Growth In November 2024, the decrease in Titanium Ore's year-by-year exports was explained primarily by a decrease in exports to United States (ZAR-27.1M or -22.4%) and India (ZAR-634k or -45.6%). In November 2024, the decrease in Titanium Ore's year-by-year imports was explained primarily by a decrease in imports from Senegal (ZAR-540k or -24.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-124M(-8.65%)
IMPORT GROWTH (October 2023 - November 2024)ZAR-1.68M(-84.6%)
MAIN EXPORTER (November 2024)Richards BayZAR1.38B
MAIN DESTINATION (November 2024)BelgiumZAR452M

This section shows Titanium Ore'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 Titanium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$546M
IMPORTS (2023)$6.62M
NET TRADE (2023)$540M

In 2023, South Africa exported $546M in Titanium Ore. The main destinations of South Africa exports on Titanium Ore were United States ($112M), Japan ($95.3M), Germany ($88.6M), Belgium ($71.9M), and United Kingdom ($48M).

In 2023, South Africa imported $6.62M in Titanium Ore, mainly from Australia ($6.15M), Senegal ($250k), China ($125k), Netherlands ($92.1k), and Spain ($1.25k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Titanium Ore EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Malaysia$17.2M (814%)
Belgium$15.3M (26.9%)
Canada$6.59M (329M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Titanium Ore BY South Africa WERE (2022 - 2023):
United States-$40.8M (-26.7%)
Japan-$37.4M (-28.2%)
Netherlands-$32.7M (-63.1%)
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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 Titanium Ore were:
Mozambique $433M
Australia $409M
In 2023, South Africa's main importing competitors in Titanium Ore were:
China $943M
Japan $370M
United States $325M

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Trade Value of Titanium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $20.7M
TOP IMPORT POTENTIALMozambique+ $271k

Titanium Ore’s highest export potential is China. With an export gap of $20.7M.   Titanium Ore’s highest import potential is Mozambique with an import gap of $271k.

See methodology.

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