Insulated Wire in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $257M in Insulated Wire, making it the 58th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 59th most exported product in South Africa. The main destination of Insulated Wire exports from South Africa are: Democratic Republic of the Congo ($51.9M), Botswana ($45.8M), Namibia ($18.6M), Zimbabwe ($17.7M), and Zambia ($17M).

The fastest growing export markets for Insulated Wire of South Africa between 2021 and 2022 were Democratic Republic of the Congo ($9.28M), Australia ($6.07M), and Zimbabwe ($3.77M).

Imports In 2022, South Africa imported $542M in Insulated Wire, becoming the 49th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 34th most imported product in South Africa. South Africa imports Insulated Wire primarily from: Botswana ($141M), China ($123M), Germany ($41.8M), Italy ($36.5M), and Thailand ($31.7M).

The fastest growing import markets in Insulated Wire for South Africa between 2021 and 2022 were Botswana ($36.7M), Italy ($12.1M), and China ($10.4M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Insulated Wire from South Africa to the United States.

Latest Trends

January 2024

About

Overview In January 2024 South Africa's Insulated Wire exports accounted up to ZAR213M and imports accounted up to ZAR789M, resulting in a negative trade balance of ZAR576M. Between January 2023 and January 2024 the exports of South Africa's Insulated Wire have increased by ZAR10.8M (5.33%) from ZAR202M to ZAR213M, while imports decreased by ZAR-87.6M (-10%) from ZAR877M to ZAR789M.

Destinations In January 2024, Insulated Wire were exported mostly to Botswana (ZAR64.7M), Australia (ZAR27.8M), Canada (ZAR25.3M), Eswatini (ZAR15.3M), and Namibia (ZAR10.6M), and were imported mostly from Botswana (ZAR234M), China (ZAR207M), Italy (ZAR66.1M), Spain (ZAR32.4M), and Germany (ZAR29.8M).

Growth In January 2024, the increase in Insulated Wire's year-by-year exports was explained primarily by an increase in exports to Mauritius (ZAR25.8M or 3.6k%), Botswana (ZAR12.7M or 31.1%), and Mozambique (ZAR4.21M or 90.1%). In January 2024, the decrease in Insulated Wire's year-by-year imports was explained primarily by a decrease in imports from Netherlands (ZAR-3.65M or -54.5%), Romania (ZAR-3.47M or -47.1%), and Hungary (ZAR-3.29M or -36.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)ZAR10.8M(5.33%)

IMPORT GROWTH (January 2023 - January 2024)ZAR-87.6M(-10%)

MAIN EXPORTER (January 2024)KopfonteinZAR54.6M

MAIN DESTINATION (January 2024)BotswanaZAR64.7M

This section shows Insulated Wire'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 Insulated Wire over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$257M

IMPORTS (2022)$542M

NET TRADE (2022)-$284M

In 2022, South Africa exported $257M in Insulated Wire. The main destinations of South Africa exports on Insulated Wire were Democratic Republic of the Congo ($51.9M), Botswana ($45.8M), Namibia ($18.6M), Zimbabwe ($17.7M), and Zambia ($17M).

In 2022, South Africa imported $542M in Insulated Wire, mainly from Botswana ($141M), China ($123M), Germany ($41.8M), Italy ($36.5M), and Thailand ($31.7M).

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