Knit Sweaters in South Africa | The Observatory of Economic Complexity

About

Exports In 2022, South Africa exported $17.9M in Knit Sweaters, making it the 80th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 434th most exported product in South Africa. The main destination of Knit Sweaters exports from South Africa are: Namibia ($4.94M), Botswana ($3.64M), United Arab Emirates ($2.77M), Lesotho ($2.02M), and Eswatini ($1.76M).

The fastest growing export markets for Knit Sweaters of South Africa between 2021 and 2022 were United Arab Emirates ($2.76M), Germany ($130k), and Eswatini ($103k).

Imports In 2022, South Africa imported $173M in Knit Sweaters, becoming the 46th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 126th most imported product in South Africa. South Africa imports Knit Sweaters primarily from: China ($84.1M), Bangladesh ($23.4M), Madagascar ($20.5M), Mauritius ($10.2M), and Italy ($4.25M).

The fastest growing import markets in Knit Sweaters for South Africa between 2021 and 2022 were Madagascar ($3.1M), Bangladesh ($3.09M), and China ($2.36M).

Latest Trends

February 2024

About

Overview In February 2024 South Africa's Knit Sweaters exports accounted up to ZAR15.2M and imports accounted up to ZAR320M, resulting in a negative trade balance of ZAR305M. Between February 2023 and February 2024 the exports of South Africa's Knit Sweaters have increased by ZAR3.28M (27.5%) from ZAR12M to ZAR15.2M, while imports decreased by ZAR-145M (-31.1%) from ZAR465M to ZAR320M.

Destinations In February 2024, Knit Sweaters were exported mostly to Namibia (ZAR4.32M), Botswana (ZAR3.99M), Eswatini (ZAR2.26M), Lesotho (ZAR2.24M), and Mozambique (ZAR1.33M), and were imported mostly from China (ZAR135M), Bangladesh (ZAR52.4M), Madagascar (ZAR50.6M), Mauritius (ZAR30.4M), and India (ZAR7.36M).

Growth In February 2024, the increase in Knit Sweaters's year-by-year exports was explained primarily by an increase in exports to Namibia (ZAR1.2M or 66.1%), Lesotho (ZAR1.01M or 94.2%), and Zambia (ZAR391k or 187%). In February 2024, the decrease in Knit Sweaters's year-by-year imports was explained primarily by a decrease in imports from Eswatini (ZAR-860k or -14.4%), Portugal (ZAR-487k or -34.1%), and Thailand (ZAR-443k or -69.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)ZAR3.28M(27.5%)

IMPORT GROWTH (February 2023 - February 2024)ZAR-145M(-31.1%)

MAIN EXPORTER (February 2024)SkilpadsnekZAR3.68M

MAIN DESTINATION (February 2024)NamibiaZAR4.32M

This section shows Knit Sweaters'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 Knit Sweaters over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$17.9M

IMPORTS (2022)$173M

NET TRADE (2022)-$155M

In 2022, South Africa exported $17.9M in Knit Sweaters. The main destinations of South Africa exports on Knit Sweaters were Namibia ($4.94M), Botswana ($3.64M), United Arab Emirates ($2.77M), Lesotho ($2.02M), and Eswatini ($1.76M).

In 2022, South Africa imported $173M in Knit Sweaters, mainly from China ($84.1M), Bangladesh ($23.4M), Madagascar ($20.5M), Mauritius ($10.2M), and Italy ($4.25M).

Explore Visualizations