Excavation Machinery in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $450M in Excavation Machinery, making it the 28th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 36th most exported product in South Africa. The main destination of Excavation Machinery exports from South Africa are: Democratic Republic of the Congo ($69.8M), Botswana ($65.5M), Zambia ($61.6M), Namibia ($41.1M), and Zimbabwe ($36.6M).

The fastest growing export markets for Excavation Machinery of South Africa between 2021 and 2022 were Democratic Republic of the Congo ($25.1M), Namibia ($6.15M), and Botswana ($6.06M).

Imports In 2022, South Africa imported $633M in Excavation Machinery, becoming the 30th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 25th most imported product in South Africa. South Africa imports Excavation Machinery primarily from: United States ($132M), China ($125M), Sweden ($49.9M), Germany ($41.6M), and France ($38.2M).

The fastest growing import markets in Excavation Machinery for South Africa between 2021 and 2022 were China ($30.2M), United States ($16.2M), and Japan ($8.78M).

Latest Trends

February 2024

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Overview In February 2024 South Africa's Excavation Machinery exports accounted up to ZAR339M and imports accounted up to ZAR974M, resulting in a negative trade balance of ZAR635M. Between February 2023 and February 2024 the exports of South Africa's Excavation Machinery have increased by ZAR80.7M (31.2%) from ZAR258M to ZAR339M, while imports increased by ZAR68.7M (7.59%) from ZAR906M to ZAR974M.

Destinations In February 2024, Excavation Machinery were exported mostly to United States (ZAR51.1M), Zambia (ZAR46.1M), Australia (ZAR31.6M), Democratic Republic of the Congo (ZAR27M), and Mozambique (ZAR25.9M), and were imported mostly from China (ZAR234M), United States (ZAR141M), Sweden (ZAR120M), India (ZAR74.9M), and Germany (ZAR65.7M).

Growth In February 2024, the increase in Excavation Machinery's year-by-year exports was explained primarily by an increase in exports to Canada (ZAR30.2M or 3.69k%), Australia (ZAR14.3M or 131%), and Zambia (ZAR13.3M or 58.4%). In February 2024, the increase in Excavation Machinery's year-by-year imports was explained primarily by an increase in imports from United States (ZAR127M or 127%), China (ZAR103M or 54.3%), and France (ZAR41.1M or 150%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)ZAR80.7M(31.2%)

IMPORT GROWTH (February 2023 - February 2024)ZAR68.7M(7.59%)

MAIN EXPORTER (February 2024)DurbanZAR73.6M

MAIN DESTINATION (February 2024)United StatesZAR51.1M

This section shows Excavation Machinery'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 Excavation Machinery over time.

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