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south africa imports and exports statistics

The latest available country-specific data shows that 61.7% of products exported from South Africa were bought by importers in: China (10.7% of the global total), Germany (8.3%), United States (7%), United Kingdom (5.2%), Japan (4.8%), India (4.6%), Botswana (4.5%), Mozambique (4.1%), Namibia (4%), Netherlands (3.2%), Belgium (3%) and Zambia (2.3%). Detailed bilateral trade by country. South Africa’s economy rebounded in the third quarter of 2020 (July–September), coinciding with the easing of COVID-19 lockdown restrictions. The data reached an all-time high of 10.1 USD bn in Sep 2011 and a record low of 2.8 USD bn in Apr 2020. As can be seen from the graphic above the majority of South Africa's trade with the rest of the world seems to be clustered around a few specific product types, as they make up the bulk of the value of South Africa's exports and imports. Detailed bilateral trade by country: Exports 2011 Trade data provided by SARS - Customs and Excise . by country: imports or exports; Trade in Services Statistics 2000-2018 . In June 2020, government announced the roll-out of an extensive infrastructure investment drive that would cover 55 projects across six sectors. The share of exports from Africa to the rest of the world ranged from 80% to 90% in 2000 –2017. Figure 3.8: South Africa’s trade with hina 2003-2013 49 Figure 3.9: hina’s share in exports and imports with SA 49 Figure 4.1: Overall SA trade with EU, US and Japan 54 Mining, manufacturing, building, electricity, liquidations. 7 Introduction This is the first edition of the South Africa Trade Report 2014. The leading decliner among South Africa’s top 10 export categories was iron and steel which fell … Merchandise Trade summary statistics data for South Africa (ZAF) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year And China on its own contributed 57.75% tot total clothing and textile imports into South Africa. Menu. 2015 statistics for the South African wine industry announced in 2016 - size, structure, production, sales, exports, imports. In 2019, over 65 % of goods imported to the EU from Africa were primary goods (food and drink, raw material and energy). All industries recorded an increase in economic activity compared with the second quarter, with manufacturing, trade and mining leading the charge. Stats SA’s Quarterly Financial Statistics (QFS) report, which provides regular updates on the financial state and makeup of South Africa’s   read more », To bean or not to bean – a look at the price of your cup of coffee   Coffee. South Africa was the United States' 45th largest goods export market in 2019. North American exporters accounted for 7.6% of South Africa’s imports, with 2.3% coming from Latin America (excluding Mexico) plus the Caribbean and 1.3% shipped from Oceania led by Australia. For April 2019, a total of R16.124 billion in clothing and textile items were imported into South Africa. Detailed bilateral trade by country: Exports 2011 Trade data provided by SARS - Customs and Excise . For July 2020, 89 percent of South Africa’s imports were sourced from countries outside the African continent, mainly from traditional sources including China, Germany, the US and India. The South African economy recorded its third consecutive quarter of economic decline, falling by 2,0% (seasonally adjusted and annualised) in the first quarter of 2020.1 This followed a contraction of -1,4% and -0,8% in the fourth and third quarters of 2019, respectively. South Africa's exports to the EU are growing and the composition of these exports is becoming more diverse. Africa as a whole has in the recent past enjoyed tremendous growth in both the economic and social sectors. Imports in South Africa averaged 21102.61 ZAR Million from 1957 until 2020, reaching an all time high of 125722.98 ZAR Million in October of 2018 and a record low of 66.10 ZAR Million in September of 1961. The following link to the Department of Trade and Industry gives an overview of the total imports and exports between South Africa and Israel. However, weak commodity prices since 2014 have greatly impacted the value of African exports to China, even while Chinese exports to Africa remained steady. Export statistics Export statistics of export from 1998 to 2002 on South Africa can be found here. A-Z Regions Consumer inflation dips slightly lower to 3,2%, GDP rallies as lockdown restrictions ease, Statistics South Africa to release the Gross Domestic Product (GDP), 3rd Quarter 2020. In 2018 South Africa was the number 32 economy in the world in terms of GDP (current US$), the number 36 in total exports, the number 37 in total imports, and the number 59 most complex economy according to the Economic Complexity Index (ECI). Also, South Africa’s exports to Eritrea for July 2020 are four times exports for July 2019 and more than double the exports for June 2020. South African exports to the rest of Africa are predominantly of value-added goods. Mining, finance, trade and government services were the main drivers of growth. Total debt amounted to R5,7 trillion in 2016. The lifeblood of many. South Africa Total Exports data is updated monthly, available from Oct 2004 to Oct 2020, with an averaged value of 7.2 USD bn. Lookup import statistics of Olefin under HS Code 2905120000, which Russia imports from South Africa. Sub-Saharan Africa had a total export of 281,847,447.24 in thousands of US$ and total imports of 273,346,165.09 in thousands of US$ leading to a positive trade balance of 8,501,282.16 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Sub-Saharan Africa is 6.74% and the Most Favored Nation (MFN) Weighted Average tariff is 8.70%. Trade data Trade statistics on South Africa from the South African Revenue Service can be downloaded here. The HS coding system breaks items down in various chapters. Exports in South Africa increased to 149158.09 ZAR Million in October from 135606.67 ZAR Million in September of 2020. Export statistics Export statistics of export from 1998 to 2002 on South Africa can be found here. Mining was the strongest performer   read more », The manufacturing industry rebounded in 2018, recording its highest annual growth rate in five years. The top 20 countries above contributed 96.5% to the total value of clothing and textile imports into South Africa during April 2019. The value of China-Africa trade in 2018 was $185 bn, up from $155 bn in 2017. South Africa Import Trade Statistics provides the Market Trends & Size details of South Africa. All details will be kept confidential and is for the use of Stats SA only. News / Comment; TOP EVENTS; TOP RATINGS. China-Africa bilateral trade has been steadily increasing for the past 16 years. This is an increase by 11.3% but decreased by -19.5% since 2013 due to dollar effect. Although many countries within Sub-Saharan Africa have significantly increased purchases of U.S. agricultural products over the past five years, U.S. exports are largely destined for the major markets of Nigeria, South Africa, Angola, and Ghana. South Africa's Trade Balance recorded a surplus of 2.0 USD bn in Sep 2020. Figure 1 shows the severe impact of the global   read more », Press statement Embargo: Tuesday 06 September 2016, 11:30   GDP in the second quarter of 2016 grew by 3,3%   Gross domestic product (measured by production) South Africa’s gross domestic product (GDP) growth rate was 3,3% in the second quarter of 2016.1 The main contributors to the GDP growth rate were the manufacturing industry and   read more ». Africa as a whole has in the recent past enjoyed tremendous growth in both the economic and social sectors. The state of the local and global economy and the rand exchange rate are some of the factors that are watched closely when assessing the performance of manufacturing production. Main trading partners are: China (18.3 percent), Germany (11.5 percent), United States (6.6 percent), India (4.7 percent), Saudi Arabia (4.6 percent) and Japan (3.4 percent). The joys of drinking coffee are beautifully expressed in Johann Sebastian Bach’s Coffee Cantata, which   read more », Industry growth rates depend on many factors, and the South African manufacturing industry is no exception. The previous Motor Industry Development Plan (MIDP) and the current Automotive Production Development Program (APDP) encourage domestic OEMs to manufacture high volumes of selected models linked to export … French speaking countries in West Africa, DR Congo, Ethiopia, Angola and Kenya are other rapidly growing markets on the continent. As a manufacturing hub, it is the most industrialized, technologically advanced, and diversified economy on the African continent. South Africa has a population of 54.8 million people, and this translates to about $1,500 in annual product demand from every citizen in the country. South Africa’s economy suffered a significant contraction during April, May and June, when the country operated under widespread lockdown restrictions in response to COVID-19. SARS Database with the top 10 import and export products in 2008 (2007 and 2006 are also available). So trade is an extremely import part of the South African economy. Services exports were $2.6 billion; services imports were $2.0 billion. "The South African chicken industry is in trouble because imports have grabbed nearly 30% of the local market. In 2018 Zimbabwe was the number 100 economy in the world in terms of GDP (current US$), the number 115 in total exports, the number 122 in total imports, and the number 101 most complex economy according to the Economic Complexity Index (ECI). CUSTOMS DATA. 1957-2020 Data | 2021-2022 Forecast | Historical | Chart | News. South Africa: Imports South Africa’s primary import commodities include machinery and equipment, chemicals, petroleum products, scientific instruments, and food materials. Nigeria is the most populous country on the continent. Total Imports recorded 6.1 USD bn in Sep 2020, which registered a decrease of 3.3 % year on year. Paper Kraft Export statistics of South Africa for Year 2017. South Africa’s shipments of plastics including articles made from plastic posted the third-fastest gain in value up by 0.01%. Intra-Africa exports account for 26% of South Africa's total exports and imports for 12% of total imports for 2018. This page provides forecast and historical data, charts, statistics, news and updates for South Africa Imports of Goods. Our South Africa export data of paper kraft is based on South Africa custom records. South African exports to the rest of Africa are predominantly of value-added goods. The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. Perhaps the second quarter of 2020 will become known as the pandemic quarter. Exports. In 2018, South Africa exported $115B and imported $95.5B, resulting in a positive trade balance of $19.6B. Publish your articles and forecasts in our website. email; facebook 0; linkedin; twitter; The Africa trade is dominated by diverse natural resources that the continent enjoys in abundance. Exports in South Africa averaged 21501.87 ZAR Million from 1957 until 2020, reaching an all time high of 149158.09 ZAR Million in October of 2020 and a record low of 55.80 ZAR Million in August of 1958. The food and beverages and automotive divisions were the major drivers behind the rise. IMPORT. The programme is an attempt to kick-start an economy battered by COVID-19, as well as to address a history of chronic infrastructure underspending.1 The concern over declining infrastructure investment is further confirmed by Stats   read more », The punch in the gut was severe. In second place for improving export sales was vehicles thanks to a 5.6% gain. According to Africa imports and exports statistics, it ranks highly on the list of top importers. March 30, 2010 • Africa • by EconomyWatch Content. South Africa’s overall intra-Africa exports more than halved between March and April 2020, but intra-Africa exports of crude soya bean oil and sugar in solid form each doubled and exports of disinfectants increased by US$4.4 million. An important aspect of the South African automotive industry is the relationship between imports and domestic production as governed by the automotive policy regime in South Africa. However, trade varies from one country to another. The following product groups represent the highest dollar value in South Africa’s import purchases during 2019. Three industries (construction, agriculture and transport) registered a slump in production. by service: imports or exports; by country: imports or exports; Trade Map is part of a suite of Market Analysis Tools developed by ITC. Currently the value of Imports and Exports per quarter equates to roughly 60% of South Africa's Gross Domestic Product (GDP). Large exports for South Africa is shown in Chapter 26 -Ores. South Africa has traditionally been the UK’s largest export and import market in Africa. According to Africa imports and exports statistics, it ranks highly on the list of top importers. Our data includes North Africa. The South African automotive industry accounts for about 10% of South Africa's manufacturing exports, contributes 7.5% to the country's GDP and employs around 36,000 people. Download historical data for 20 million indicators using your browser. Exports in South Africa averaged 21501.87 ZAR Million from 1957 until 2020, reaching an all time high of 149158.09 ZAR Million in October of 2020 and a record low of 55.80 ZAR Million in August of 1958. Exports in South Africa increased to 149158.09 ZAR Million in October from 135606.67 ZAR Million in September of 2020. South Africa’s Top 5 Import Partners . The graph indicates the recent Trade Statistics between Israel and South Africa:. South Africa imported $83.2 billion worth of products in 2017. Merchandise Trade summary statistics data for South Africa (ZAF) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year The U.S. services trade surplus with South Africa was $648 million in 2019. By transforming the large volume of primary trade data into an accessible, user-friendly, web-based format, Trade Map provides indicators on export performance, international demand, alternative markets and the role of competitors. The surplus resulted from a decrease in imports of 13.73% and a decrease in exports of 1.08%. Trade data Trade statistics on South Africa from the South African Revenue Service can be downloaded here. Value: Total Exports per varietal volume, value and rand per litre (Access Controlled) Value: Top 25 Countries by volume, value and rand per litre (Access Controlled) Overview December 2018 - November 2019 Presentation: Africa Trends (Access Controlled) Presentation: Country Trends (Access Controlled) Presentation: Cultivar Trends (Access Controlled) South Africa’s March 2020 trade data showed that measures adopted by its global trade partners to curb the spread of COVID-19 mainly impacted South Africa’s imports. South Africa recorded a trade surplus of R3.7 billion in December 2009, according to the South African Revenue Service (SARS). South Africa Shares Little Changed on Monday, South Africa Consumer Confidence Recovers Further in Q4, South Africa Building Permits Fall for 7th Month, South Africa Factory Activity Shrinks at Faster Pace, South Africa Posts Widest Current Account Surplus on Record, South Africa Mining Output Falls the Most in 4 Months, South Africa Retail Sales Fall Less than Expected, South Africa SACCI Business Morale at Over 1-1/2-Year High, South Africa Inflation Rate Slows to 3.2% in November, Brazil Economic Activity Recovery Slows in October, India Inflation Rate Slows More Than Forecast, Swiss Franc Appreciates to Near 6-Year High, Greek Construction Output Drops 3% YoY in Q3. The following chart shows the distribution of South Africa’s import partners. Main source markets were already, or were going into lockdown leading to an overall decline in imports, while exports remain largely unchanged. Annual production in 2007 was 535,000 vehicles, out of a global production of 73 million units in the same year. 2015 statistics for the South African wine industry announced in 2016 - size, structure, production, sales, exports, imports . This is an increase by 11.3% but decreased by -19.5% since 2013 due to dollar effect. Also shown is the percentage share each product category represents in terms of overall imports into South Africa. The demand for and consumption of Rooibos in South Africa has grown over the past years and in 2015 reached around 8000 tons; The increasing global demand for Rooibos pushed exports up to more than 6 000 tons per annum; If both the export and local volumes are sold and enjoyed as pure Rooibos, this would be equal to 5,6 billion cups of tea The UK ran a trade in goods and services deficit with South Africa in all periods between 2004 and 2010, which averaged £1.2 billion. SOUTH AFRICA IMPORT. South Africa’s trade, exports and imports are heavily dependent on the nation’s natural resources and the government’s highly liberal trade incentives. Value of leading exports from South Africa 2019 Published by Erin Duffin, Feb 21, 2020 This statistic depicts the value of leading South African exports in 2019. Who was responsible for generating this amount? Among these import categories, mineral fuel & oil was the fastest-declining import product, which recorded a drop of -13.4% last year. The results presented here cover the period 1 January 2020 to 31 March   read more », After shrinking sharply in the first quarter of 2019, the economy rebounded from a low base to record positive growth of 3,1%1 in the second quarter (April−June). Imports of Goods for South Africa from South African Reserve Bank (SARB) for the Quarterly Bulletin release. Direct access to our calendar releases and historical data. The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. the months of April, May and June. South Africa is the EU's largest trading partner in Africa. Trade Map is free to use and provides trade statistics and market access information for export development. Import and Export Statistics . 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