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Who buys South Africa’s ferroalloys? Export destinations 2024

In 2024, South Africa exported $5.1 billion of ferroalloys (4.3 million tonnes), 11.5% of the world total. Its main destinations were China (30%), Mozambique (23%) and Indonesia (15%). South Africa was the world’s 2nd-largest exporter of ferroalloys.

Summary

Value
$5.1billion
Tonnes
4.3million tonnes
Share of world total
11.5%
World rank
2nd
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China1.5Tonnes: 1,463,905USD per tonne: $1,04730.3%Sea
Mozambique1.1Tonnes: 1,143,579USD per tonne: $1,00422.7%Sea
Indonesia0.74Tonnes: 445,633USD per tonne: $1,65314.6%Sea
United States0.32Tonnes: 292,395USD per tonne: $1,1096.4%Sea
Netherlands re-exports0.26Tonnes: 144,579USD per tonne: $1,7835.1%Sea
Japan0.2Tonnes: 167,530USD per tonne: $1,1873.9%Sea
South Korea0.19Tonnes: 166,909USD per tonne: $1,1383.8%Sea
Belgium re-exports0.12Tonnes: 126,048USD per tonne: $9552.4%Sea
Italy0.12Tonnes: 103,042USD per tonne: $1,1402.3%Sea
India0.07Tonnes: 41,677USD per tonne: $1,7561.5%Sea
Taiwan0.05Tonnes: 33,150USD per tonne: $1,5441%Sea
Germany0.05Tonnes: 35,742USD per tonne: $1,3830.98%Sea
Spain0.04Tonnes: 49,691USD per tonne: $8920.88%Sea
United Kingdom0.04Tonnes: 23,868USD per tonne: $1,4730.7%Sea
Austria0.02Tonnes: 16,808USD per tonne: $1,4090.47%Sea
Canada0.02Tonnes: 12,457USD per tonne: $1,4450.36%Sea
France0.02Tonnes: 9,268USD per tonne: $1,7700.32%Sea
Brazil0.01Tonnes: 6,317USD per tonne: $1,8480.23%Sea
Finland0.01Tonnes: 8,030USD per tonne: $1,4300.23%Sea
Turkey0.01Tonnes: 8,348USD per tonne: $1,2920.21%Sea

Trend

Who it sells to

China has been its main destination since 2023

Value in USD billions. The five largest destinations in 2024.

  • China 1.5
  • Mozambique 1.1
  • Indonesia 0.74
  • United States 0.32
  • Netherlands 0.26

Source: CEPII BACI

Show the numbers
Partner19952024
China< 0.011.5
Mozambique01.1
Indonesia< 0.010.74
United States0.20.32
Netherlands0.110.26

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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