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2022
Exports $172MWorld Rnk 41 / 224
Flag Rnk 89 / 1213
2022
Destination $4.3M Democratic Republic of the Congo
2021 - 2022
FASTEST GROWING MARKET $4.3MMadagascar
2022
PRODUCT COMPLEXITY IN Valves1.35Rnk 81 / 1025
2022
Imports $513MWorld Rnk 39 / 224
Flag Rnk 39 / 1213
2022
Origin $14.4M China
2021 - 2022
FASTEST GROWING ORIGIN $14.4MChina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

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

August 2024

About

Overview In August 2024 South Africa's Valves exports accounted up to ZAR225M and imports accounted up to ZAR787M, resulting in a negative trade balance of ZAR562M. Between August 2023 and August 2024 the exports of South Africa's   Valves have increased by ZAR65.9M (41.3%) from ZAR159M to ZAR225M, while imports decreased by ZAR-3.72M (-0.47%) from ZAR791M to ZAR787M.

Destinations In August 2024, Valves were exported mostly to Namibia (ZAR30.9M), Mozambique (ZAR28.2M), Zambia (ZAR25.8M), Democratic Republic of the Congo (ZAR24.4M), and Botswana (ZAR21.5M), and were imported mostly from China (ZAR233M), Germany (ZAR143M), United States (ZAR104M), Italy (ZAR46.4M), and India (ZAR21.5M).

Growth In August 2024, the increase in Valves's year-by-year exports was explained primarily by an increase in exports to India (ZAR136M or 5.43k%), Mozambique (ZAR13.2M or 134%), and Ghana (ZAR3.33M or 214%). In August 2024, the decrease in Valves's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (ZAR-21M or -51.9%), Japan (ZAR-7.6M or -43.8%), and Thailand (ZAR-5.21M or -74.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR65.9M(41.3%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-3.72M(-0.47%)
MAIN EXPORTER (August 2024)Groblers BridgeZAR42.2M
MAIN DESTINATION (August 2024)NamibiaZAR30.9M

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Madagascar$4.3M (258%)
Tanzania$1.89M (68.7%)
Democratic Republic of the Congo$1.35M (4.84%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY South Africa WERE (2021 - 2022):
Mozambique-$1.08M (-6.52%)
United Kingdom-$795k (-43.3%)
Spain-$652k (-92.5%)
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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 Valves were:
China $22.9B
Germany $14.7B
United States $12.5B
In 2022, South Africa's main importing competitors in Valves were:
United States $16.8B
Germany $7.9B
China $7.84B

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10M
TOP IMPORT POTENTIALChina+ $45.9M

Valves’s highest export potential is United States. With an export gap of $10M.   Valves’s highest import potential is China with an import gap of $45.9M.

See methodology.

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