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2023
Exports $64.3MWorld Rnk 2 / 108
Flag Rnk 193 / 1214
2023
Destination $2.28M China
2022 - 2023
FASTEST GROWING MARKET $2.28MCuba
2023
Imports $1.88MWorld Rnk 30 / 165
Flag Rnk 914 / 1211
2023
Origin $163k Argentina
2022 - 2023
FASTEST GROWING ORIGIN $163kUnited States
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $64.3M in Vegetable Tanning Extracts, making it the 2nd largest exporter of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 193rd most exported product in South Africa. The main destination of Vegetable Tanning Extracts exports from South Africa are: China ($10.7M), India ($9.27M), Turkey ($6.94M), Italy ($4.6M), and Bangladesh ($3.88M).

The fastest growing export markets for Vegetable Tanning Extracts of South Africa between 2022 and 2023 were Cuba ($2.28M), China ($1.78M), and Argentina ($1.68M).

Imports In 2023, South Africa imported $1.88M in Vegetable Tanning Extracts, becoming the 30th largest importer of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 914th most imported product in South Africa. South Africa imports Vegetable Tanning Extracts primarily from: Argentina ($882k), Italy ($329k), United States ($209k), Spain ($180k), and Belgium ($97.2k).

The fastest growing import markets in Vegetable Tanning Extracts for South Africa between 2022 and 2023 were United States ($163k), Spain ($153k), and Belgium ($57.1k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Vegetable Tanning Extracts exports accounted up to ZAR83.3M and imports accounted up to ZAR4.27M, resulting in a positive trade balance of ZAR79M. Between November 2023 and November 2024 the exports of South Africa's   Vegetable Tanning Extracts have decreased by ZAR-21.8M (-20.7%) from ZAR105M to ZAR83.3M, while imports increased by ZAR116k (2.8%) from ZAR4.16M to ZAR4.27M.

Destinations In November 2024, Vegetable Tanning Extracts were exported mostly to China (ZAR24.9M), Brazil (ZAR11.7M), United States (ZAR9.47M), Spain (ZAR7.39M), and India (ZAR6.45M), and were imported mostly from Argentina (ZAR1.57M), Belgium (ZAR998k), Italy (ZAR982k), Peru (ZAR682k), and China (ZAR18.3k).

Growth In November 2024, the decrease in Vegetable Tanning Extracts's year-by-year exports was explained primarily by a decrease in exports to Poland (ZAR-7.33M or -93.5%), Bangladesh (ZAR-4.55M or -65.1%), and Chinese Taipei (ZAR-258k or -18.7%). In November 2024, the increase in Vegetable Tanning Extracts's year-by-year imports was explained primarily by an increase in imports from Italy (ZAR1.1M or 212%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR-21.8M(-20.7%)
IMPORT GROWTH (November 2023 - November 2024)ZAR116k(2.8%)
MAIN EXPORTER (November 2024)PietermaritzburgZAR84.7M
MAIN DESTINATION (November 2024)ChinaZAR24.9M

This section shows Vegetable Tanning Extracts'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 Vegetable Tanning Extracts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$64.3M
IMPORTS (2023)$1.88M
NET TRADE (2023)$62.4M

In 2023, South Africa exported $64.3M in Vegetable Tanning Extracts. The main destinations of South Africa exports on Vegetable Tanning Extracts were China ($10.7M), India ($9.27M), Turkey ($6.94M), Italy ($4.6M), and Bangladesh ($3.88M).

In 2023, South Africa imported $1.88M in Vegetable Tanning Extracts, mainly from Argentina ($882k), Italy ($329k), United States ($209k), Spain ($180k), and Belgium ($97.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vegetable Tanning Extracts EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Cuba$2.28M (1%)
China$1.78M (19.8%)
Argentina$1.68M (279%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Tanning Extracts BY South Africa WERE (2022 - 2023):
Vietnam-$1.1M (-45.4%)
Italy-$1.02M (-18.1%)
Morocco-$393k (-40.2%)
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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 Vegetable Tanning Extracts were:
Argentina $64.6M
Indonesia $55.3M
In 2023, South Africa's main importing competitors in Vegetable Tanning Extracts were:
India $78.4M
China $40M
Italy $38.7M

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Trade Value of Vegetable Tanning Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.41M
TOP IMPORT POTENTIALBrazil+ $40k

Vegetable Tanning Extracts’s highest export potential is India. With an export gap of $1.41M.   Vegetable Tanning Extracts’s highest import potential is Brazil with an import gap of $40k.

See methodology.

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