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2022
Exports $60MWorld Rnk 2 / 104
Flag Rnk 209 / 1213
2022
Destination $2.13M India
2021 - 2022
FASTEST GROWING MARKET $2.13MIndia
2022
Imports $1.67MWorld Rnk 30 / 163
Flag Rnk 959 / 1213
2022
Origin $206k Argentina
2021 - 2022
FASTEST GROWING ORIGIN $206kArgentina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $60M 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 209th most exported product in South Africa. The main destination of Vegetable Tanning Extracts exports from South Africa are: India ($8.68M), China ($8.43M), Turkey ($5.86M), Italy ($5.42M), and Brazil ($3.83M).

The fastest growing export markets for Vegetable Tanning Extracts of South Africa between 2021 and 2022 were India ($2.13M), Italy ($1.04M), and Argentina ($367k).

Imports In 2022, South Africa imported $1.67M 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 959th most imported product in South Africa. South Africa imports Vegetable Tanning Extracts primarily from: Argentina ($910k), Italy ($318k), France ($89.2k), Peru ($74.9k), and United States ($62.9k).

The fastest growing import markets in Vegetable Tanning Extracts for South Africa between 2021 and 2022 were Argentina ($206k), France ($61.9k), and Antigua and Barbuda ($29.8k).

Latest Trends

July 2024

About

Overview In July 2024 South Africa's Vegetable Tanning Extracts exports accounted up to ZAR115M and imports accounted up to ZAR2.41M, resulting in a positive trade balance of ZAR113M. Between July 2023 and July 2024 the exports of South Africa's   Vegetable Tanning Extracts have increased by ZAR19.1M (19.9%) from ZAR96M to ZAR115M, while imports increased by ZAR1.49M (160%) from ZAR926k to ZAR2.41M.

Destinations In July 2024, Vegetable Tanning Extracts were exported mostly to China (ZAR36.3M), India (ZAR13.1M), United States (ZAR10.7M), Italy (ZAR7.19M), and Bangladesh (ZAR6.41M), and were imported mostly from Argentina (ZAR1.67M), Italy (ZAR721k), China (ZAR8.02k), Slovenia (ZAR6.7k), and India (ZAR6.21k).

Growth In July 2024, the increase in Vegetable Tanning Extracts's year-by-year exports was explained primarily by an increase in exports to Turkey (ZAR13.6M or 2.65k%), Brazil (ZAR13.4M or 348%), and Italy (ZAR6.26M or 104%). In July 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 (July 2023 - July 2024)ZAR19.1M(19.9%)
IMPORT GROWTH (July 2023 - July 2024)ZAR1.49M(160%)
MAIN EXPORTER (July 2024)PietermaritzburgZAR84.7M
MAIN DESTINATION (July 2024)ChinaZAR36.3M

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 (2022)$60M
IMPORTS (2022)$1.67M
NET TRADE (2022)$58.3M

In 2022, South Africa exported $60M in Vegetable Tanning Extracts. The main destinations of South Africa exports on Vegetable Tanning Extracts were India ($8.68M), China ($8.43M), Turkey ($5.86M), Italy ($5.42M), and Brazil ($3.83M).

In 2022, South Africa imported $1.67M in Vegetable Tanning Extracts, mainly from Argentina ($910k), Italy ($318k), France ($89.2k), Peru ($74.9k), and United States ($62.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable Tanning Extracts EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
India$2.13M (32.5%)
Italy$1.04M (23.6%)
Argentina$367k (275%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Tanning Extracts BY South Africa WERE (2021 - 2022):
China-$2.83M (-25.1%)
Turkey-$1.14M (-16.3%)
Mexico-$1.12M (-31.2%)
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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 Vegetable Tanning Extracts were:
Argentina $72.9M
Indonesia $54.6M
In 2022, South Africa's main importing competitors in Vegetable Tanning Extracts were:
India $85.5M
Italy $44.7M
China $29.6M

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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.

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