Iron Reductions in South Africa | The Observatory of Economic Complexity

About

Exports In 2022, South Africa exported $11.7M in Iron Reductions, making it the 26th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 503rd most exported product in South Africa. The main destination of Iron Reductions exports from South Africa are: Mauritius ($5.22M), India ($2.13M), Australia ($2.11M), Indonesia ($1.07M), and Ecuador ($556k).

The fastest growing export markets for Iron Reductions of South Africa between 2021 and 2022 were Mauritius ($4.77M), Australia ($2.11M), and Indonesia ($1.07M).

Imports In 2022, South Africa imported $70.1k in Iron Reductions, becoming the 73rd largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 1162nd most imported product in South Africa. South Africa imports Iron Reductions primarily from: China ($48.2k), Germany ($15k), United States ($6.65k), India ($119), and South Korea ($56).

The fastest growing import markets in Iron Reductions for South Africa between 2021 and 2022 were China ($48.2k), United States ($5.38k), and India ($119).

Latest Trends

February 2024

About

Overview In February 2024 South Africa's Iron Reductions exports accounted up to ZAR22.8M and imports accounted up to ZAR32.3k, resulting in a positive trade balance of ZAR22.7M. Between February 2023 and February 2024 the exports of South Africa's Iron Reductions have increased by ZAR22.8M (2.02M%) from ZAR1.13k to ZAR22.8M, while imports increased by ZAR32.1k (15.4k%) from ZAR208 to ZAR32.3k.

Destinations In February 2024, Iron Reductions were exported mostly to India (ZAR13.1M), Kenya (ZAR9.61M), Sweden (ZAR27.3k), and Namibia (ZAR640), and were imported mostly from .

Growth In February 2024, the increase in Iron Reductions's year-by-year exports was explained primarily by an increase in exports to . In January 2024, the increase in Iron Reductions's year-by-year imports was explained primarily by an increase 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)ZAR22.8M(2.02M%)

IMPORT GROWTH (May 2022 - January 2024)ZAR32.1k(15.4k%)

MAIN EXPORTER (February 2024)JohannesburgZAR15.7M

MAIN DESTINATION (February 2024)IndiaZAR13.1M

This section shows Iron Reductions'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 Iron Reductions over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download