Niobium, Tantalum, Vanadium and Zirconium Ore in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $642M in Niobium, Tantalum, Vanadium and Zirconium Ore, making it the 1st largest exporter of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 27th most exported product in South Africa. The main destination of Niobium, Tantalum, Vanadium and Zirconium Ore exports from South Africa are: China ($303M), Spain ($62.4M), Netherlands ($53.2M), Brazil ($38.1M), and Italy ($34.7M).

The fastest growing export markets for Niobium, Tantalum, Vanadium and Zirconium Ore of South Africa between 2021 and 2022 were China ($133M), Netherlands ($34.8M), and Brazil ($17.3M).

Imports In 2022, South Africa imported $86.3k in Niobium, Tantalum, Vanadium and Zirconium Ore, becoming the 78th largest importer of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 1157th most imported product in South Africa. South Africa imports Niobium, Tantalum, Vanadium and Zirconium Ore primarily from: Vietnam ($63.7k), United States ($18.8k), Canada ($2.17k), China ($1.6k), and Malawi ($15).

The fastest growing import markets in Niobium, Tantalum, Vanadium and Zirconium Ore for South Africa between 2021 and 2022 were Vietnam ($63.7k), United States ($8.03k), and Canada ($2.09k).

Latest Trends

February 2024

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Overview In February 2024 South Africa's Niobium, Tantalum, Vanadium and Zirconium Ore exports accounted up to ZAR1.01B and imports accounted up to ZAR990, resulting in a positive trade balance of ZAR1.01B. Between February 2023 and February 2024 the exports of South Africa's Niobium, Tantalum, Vanadium and Zirconium Ore have increased by ZAR485M (91.8%) from ZAR528M to ZAR1.01B, while imports decreased by ZAR-1.04M (-99.9%) from ZAR1.04M to ZAR990.

Destinations In February 2024, Niobium, Tantalum, Vanadium and Zirconium Ore were exported mostly to China (ZAR719M), India (ZAR122M), Spain (ZAR103M), Malaysia (ZAR42.7M), and Brazil (ZAR8.55M), and were imported mostly from Ethiopia (ZAR990).

Growth In February 2024, the increase in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year exports was explained primarily by an increase in exports to China (ZAR277M or 200%), United States (ZAR66.6M or 565%), and Malaysia (ZAR37.4M or 771%). In February 2024, the decrease in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)ZAR485M(91.8%)

IMPORT GROWTH (December 2022 - February 2024)ZAR-1.04M(-99.9%)

MAIN EXPORTER (February 2024)Cape TownZAR515M

MAIN DESTINATION (February 2024)ChinaZAR719M

This section shows Niobium, Tantalum, Vanadium and Zirconium Ore'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 Niobium, Tantalum, Vanadium and Zirconium Ore over time.

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