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2023
Exports $608kWorld Rnk 56 / 129
Flag Rnk 982 / 1214
2023
Destination $110k Germany
2022 - 2023
FASTEST GROWING MARKET $110kGermany
2023
PRODUCT COMPLEXITY IN Vending Machines0.74Rnk 269 / 1025
2023
Imports $3.95MWorld Rnk 54 / 196
Flag Rnk 798 / 1211
2023
Origin $707k Italy
2022 - 2023
FASTEST GROWING ORIGIN $707kItaly
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $608k in Vending Machines, making it the 56th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 982nd most exported product in South Africa. The main destination of Vending Machines exports from South Africa are: Germany ($164k), Mozambique ($86.4k), Nigeria ($77.1k), Norway ($48.7k), and Mauritius ($38.9k).

The fastest growing export markets for Vending Machines of South Africa between 2022 and 2023 were Germany ($110k), Mozambique ($66.8k), and Nigeria ($62.4k).

Imports In 2023, South Africa imported $3.95M in Vending Machines, becoming the 54th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 798th most imported product in South Africa. South Africa imports Vending Machines primarily from: Italy ($1.22M), Spain ($652k), China ($514k), United States ($315k), and Israel ($308k).

The fastest growing import markets in Vending Machines for South Africa between 2022 and 2023 were Italy ($707k), United States ($180k), and Estonia ($150k).

Latest Trends

November 2024

About

Overview In November 2024 South Africa's Vending Machines exports accounted up to ZAR418k and imports accounted up to ZAR7.78M, resulting in a negative trade balance of ZAR7.36M. Between November 2023 and November 2024 the exports of South Africa's   Vending Machines have increased by ZAR386k (1.21k%) from ZAR31.8k to ZAR418k, while imports increased by ZAR5.54M (248%) from ZAR2.24M to ZAR7.78M.

Destinations In November 2024, Vending Machines were exported mostly to Eswatini (ZAR260k), Tanzania (ZAR137k), Namibia (ZAR13.2k), Saint Helena (ZAR5.31k), and Botswana (ZAR2.43k), and were imported mostly from Greece (ZAR5.12M), China (ZAR1.88M), Spain (ZAR439k), Germany (ZAR209k), and Italy (ZAR49.9k).

Growth In November 2024, the increase in Vending Machines's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Vending Machines's year-by-year imports was explained primarily by an increase in imports from Italy (ZAR1.97M or 3.73k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)ZAR386k(1.21k%)
IMPORT GROWTH (November 2023 - November 2024)ZAR5.54M(248%)
MAIN EXPORTER (November 2024)O.r. Tambo Int AirportZAR1.18M
MAIN DESTINATION (November 2024)EswatiniZAR260k

This section shows Vending Machines'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 Vending Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$608k
IMPORTS (2023)$3.95M
NET TRADE (2023)-$3.34M

In 2023, South Africa exported $608k in Vending Machines. The main destinations of South Africa exports on Vending Machines were Germany ($164k), Mozambique ($86.4k), Nigeria ($77.1k), Norway ($48.7k), and Mauritius ($38.9k).

In 2023, South Africa imported $3.95M in Vending Machines, mainly from Italy ($1.22M), Spain ($652k), China ($514k), United States ($315k), and Israel ($308k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Germany$110k (202%)
Mozambique$66.8k (341%)
Nigeria$62.4k (426%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY South Africa WERE (2022 - 2023):
Norway-$80.8k (-62.4%)
United Arab Emirates-$69.7k (-78.3%)
Namibia-$25.8k (-50.4%)
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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 Vending Machines were:
Italy $454M
China $330M
Germany $152M
In 2023, South Africa's main importing competitors in Vending Machines were:
United States $257M
France $156M
United Kingdom $135M

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15k
TOP IMPORT POTENTIALChina+ $430k

Vending Machines’s highest export potential is Germany. With an export gap of $15k.   Vending Machines’s highest import potential is China with an import gap of $430k.

See methodology.

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