Valves in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $172M in Valves, making it the 41st largest exporter of Valves in the world. At the same year, Valves was the 89th most exported product in South Africa. The main destination of Valves exports from South Africa are: Democratic Republic of the Congo ($29.3M), Zimbabwe ($16.2M), Namibia ($16.2M), Mozambique ($15.5M), and Botswana ($15.3M).

The fastest growing export markets for Valves of South Africa between 2021 and 2022 were Madagascar ($4.3M), Tanzania ($1.89M), and Democratic Republic of the Congo ($1.35M).

Imports In 2022, South Africa imported $513M in Valves, becoming the 39th largest importer of Valves in the world. At the same year, Valves was the 39th most imported product in South Africa. South Africa imports Valves primarily from: China ($151M), Germany ($124M), United States ($50.6M), Italy ($27M), and United Kingdom ($20.9M).

The fastest growing import markets in Valves for South Africa between 2021 and 2022 were China ($14.4M), United States ($13.7M), and India ($5.81M).

Latest Trends

March 2024

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Overview In March 2024 South Africa's Valves exports accounted up to ZAR185M and imports accounted up to ZAR751M, resulting in a negative trade balance of ZAR566M. Between March 2023 and March 2024 the exports of South Africa's Valves have decreased by ZAR-19.6M (-9.57%) from ZAR205M to ZAR185M, while imports increased by ZAR14.9M (2.02%) from ZAR736M to ZAR751M.

Destinations In March 2024, Valves were exported mostly to Mozambique (ZAR20.7M), Democratic Republic of the Congo (ZAR20.6M), Namibia (ZAR19.5M), Botswana (ZAR18.9M), and Zimbabwe (ZAR18.7M), and were imported mostly from China (ZAR207M), Germany (ZAR162M), United States (ZAR112M), Italy (ZAR39.5M), and India (ZAR18.6M).

Growth In March 2024, the decrease in Valves's year-by-year exports was explained primarily by a decrease in exports to Zimbabwe (ZAR-4.56M or -30.7%), Brazil (ZAR-3.19M or -91.3%), and Malawi (ZAR-2.56M or -79.5%). In March 2024, the increase in Valves's year-by-year imports was explained primarily by an increase in imports from Germany (ZAR59.9M or 60.6%), China (ZAR39.6M or 17.3%), and Canada (ZAR22.3M or 792%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)ZAR-19.6M(-9.57%)

IMPORT GROWTH (March 2023 - March 2024)ZAR14.9M(2.02%)

MAIN EXPORTER (March 2024)KopfonteinZAR37.6M

MAIN DESTINATION (March 2024)MozambiqueZAR20.7M

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$172M

IMPORTS (2022)$513M

NET TRADE (2022)-$341M

In 2022, South Africa exported $172M in Valves. The main destinations of South Africa exports on Valves were Democratic Republic of the Congo ($29.3M), Zimbabwe ($16.2M), Namibia ($16.2M), Mozambique ($15.5M), and Botswana ($15.3M).

In 2022, South Africa imported $513M in Valves, mainly from China ($151M), Germany ($124M), United States ($50.6M), Italy ($27M), and United Kingdom ($20.9M).

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