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Port in South Africa

Feb 2024
Trade
Exports | Imports ZAR 15.4B | ZAR 2.85B3 of 46 | 7 of 36
Feb 2024
Country
Destination | Origin India | Australia ZAR 3.2B  | ZAR 1.16B

About

Overview This page contains the latest international trade data for Richards Bay. In February 2024 Richards Bay was the number 3 in total exports and the number 7 in total imports in South Africa.

Exports In 2023, South Africa's Richards Bay exported ZAR 274B, making it the 3rd largest exporter out of the 48 exporters in South Africa. In 2023 the top exports of Richards Bay were Bituminous coal, not agglomerated (ZAR 109B), Aluminium unwrought, not alloyed (ZAR 26.7B), Chromium ores and concentrates (ZAR 16.5B), Ferro-chromium, >4% carbon (ZAR 14.6B), and Coal except anthracite or bituminous, not... (ZAR 11.9B).

Imports In 2023, South Africa's Richards Bay imported ZAR 38B, making it the 7th largest importer out of the 48 importers in South Africa. In 2023 top imports of Richards Bay were Aluminium oxide, except artificial corundum (ZAR 9.3B), Petroleum spirit for motor vehicles (ZAR 4.7B), Petroleum coke, calcined (ZAR 3.24B), Bituminous coal, not agglomerated (ZAR 2.78B), and Propane, liquefied (ZAR 2.6B).

Latest Trends

February, 2024

About

Overview In February 2024 Richards Bay exported ZAR15.4B and imported ZAR2.85B, resulting in a positive trade balance of ZAR12.5B. Between February 2022 and February 2024 the exports of Richards Bay have decreased by $-231M (-1.48%) from ZAR15.6B to ZAR15.4B, while imports increased by ZAR538M (23.2%) from ZAR2.32B to ZAR2.85B.

Trade In February 2024, the top exports of Richards Bay were Coal Briquettes (ZAR7.45B), Raw Aluminium (ZAR2.02B), Chromium Ore (ZAR1.68B), Ferroalloys (ZAR1.62B), and Iron Ore (ZAR684M). In February 2024 the top imports of Richards Bay were Aluminium Oxide (ZAR1.16B), Coal Briquettes (ZAR359M), Refined Petroleum (ZAR348M), Petroleum Coke (ZAR293M), and Petroleum Gas (ZAR289M).

Destinations In February 2024, Richards Bay exported mostly to India (ZAR3.2B), China (ZAR3.1B), United States (ZAR1.35B), South Korea (ZAR1.27B), and Japan (ZAR1.07B), and imported mostly from Australia (ZAR1.16B), United States (ZAR370M), Bulgaria (ZAR238M), India (ZAR210M), and Mozambique (ZAR208M).

Growth In February 2024, the decrease in Richards Bay's year-by-year exports was explained primarily by an decrease in exports to Chinese Taipei (ZAR-615M or -80.6%), Italy (ZAR-572M or -58.5%), and Netherlands (ZAR-569M or -53.7%), and product exports decrease in Coal Briquettes (ZAR-2.88B or -27.9%), Titanium Ore (ZAR-656M or -62.7%), and Phosphoric Acid (ZAR-183M or -76.8%). In February 2024, the increase in Richards Bay's year-by-year imports was explained primarily by an increase in imports from India (ZAR161M or 326%) and Mozambique (ZAR28.6M or 16%), and product imports increase in Aluminium Oxide (ZAR173M or 17.5%) and Petroleum Coke (ZAR101M or 52.6%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (February 2022 - February 2024)ZAR-231M(-1.48%)
IMPORT GROWTH (February 2022 - February 2024)ZAR538M(23.2%)

This section shows exports and imports data at subnational level for Richards Bay. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Richards Bay over time.

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Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)IndiaZAR 52.1B
Top Product (2023)Bituminous coal, not agglomeratedZAR 109B

In 2023 the top export destinations of Richards Bay were India (ZAR 52.1B), China (ZAR 30.3B), United States (ZAR 19.1B), Japan (ZAR 17.1B), and Netherlands (ZAR 15.1B).

In 2023 the top exports of Richards Bay were Bituminous coal, not agglomerated (ZAR 109B), Aluminium unwrought, not alloyed (ZAR 26.7B), Chromium ores and concentrates (ZAR 16.5B), Ferro-chromium, >4% carbon (ZAR 14.6B), and Coal except anthracite or bituminous, not... (ZAR 11.9B).

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Exports Dynamics

Fastest Growing Exports Destination (Feb 2023 - Feb 2024)
China ZAR 1.4B (82.2%)
Greece ZAR 494M (1.47M%)
Spain ZAR 196M (226%)
Rapidly Declining Export Origins (Feb 2023 - Feb 2024)
Chinese Taipei -ZAR 615M (-80.6%)
Italy -ZAR 572M (-58.5%)
Netherlands -ZAR 569M (-53.7%)

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Yearly Imports

Color
Depth
Top Origin (2023)AustraliaZAR 13.2B
Top Import (2023)Aluminium oxide, except artificial corundumZAR 9.3B

In 2023 the top import origins of Richards Bay were Australia (ZAR 13.2B), United States (ZAR 7.81B), India (ZAR 1.87B), Russia (ZAR 1.71B), and China (ZAR 1.57B).

In 2023 the top imports of Richards Bay were Aluminium oxide, except artificial corundum (ZAR 9.3B), Petroleum spirit for motor vehicles (ZAR 4.7B), Petroleum coke, calcined (ZAR 3.24B), Bituminous coal, not agglomerated (ZAR 2.78B), and Propane, liquefied (ZAR 2.6B).

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