In 2018, South Africa exported and imported goods to and from the rest of Africa to the value of US$25 billion and US$11.5 billion, respectively. Africa as a whole has in the recent past enjoyed tremendous growth in both the economic and social sectors. Trade data Trade statistics on South Africa from the South African Revenue Service can be downloaded here. The data reached an all-time high of 10.1 USD bn in Sep 2011 and a record low of 2.8 USD bn in Apr 2020. The leading decliner among South Africa’s top 10 export categories was iron and steel which fell … SARS Database with the top 10 import and export products in 2008 (2007 and 2006 are also available). The following product groups represent the highest dollar value in South Africa’s import purchases during 2019. Manufacturing production increased by 1,2% in 2018 compared with 2017, according to Stats SA’s   read more », South African businesses are borrowing more money. Imports in South Africa averaged 21102.61 ZAR Million from 1957 until 2020, reaching an all time high of 125722.98 ZAR Million in October of 2018 and a record low of 66.10 ZAR Million in September of 1961. Mining was the strongest performer   read more », The manufacturing industry rebounded in 2018, recording its highest annual growth rate in five years. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. In 2018 South Africa was the number 32 economy in the world in terms of GDP (current US$), 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). 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. Services exports were $2.6 billion; services imports were $2.0 billion. South African exports to the rest of Africa are predominantly of value-added goods. Download historical data for 20 million indicators using your browser. All details will be kept confidential and is for the use of Stats SA only. The surplus resulted from a decrease in imports of 13.73% and a decrease in exports of 1.08%. South Africa top 10 imports are Mineral Fuels & Oils (16.7%), Machinery (12.7%), Electronics (9.7%), Vehicles (7.9%), Plastics (2.8%), Pharma Products (2.7%), Optical, Photographic, Medical Equipment (2.5%), Miscellaneous Chemical Products (1.8%), Organic Chemicals (1.6%) and Printed Books, Newspapers & Pictures (1.4%). South Africa is the Southernmost Country of Africa. In 2018 Zimbabwe was the number 100 economy in the world in terms of GDP (current US$), 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). Mining, finance, trade and government services were the main drivers of growth. 2015 statistics for the South African wine industry announced in 2016 - size, structure, production, sales, exports, imports. Lookup import statistics of Olefin under HS Code 2905120000, which Russia imports from South Africa. 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%). The Trading Economics Application Programming Interface (API) provides direct access to our data. 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. A member of the African Caribbean Pacific group of countries, South Africa is by far the strongest of sub-Saharan Africa's economies. South Africa's main trading partners Main trading partners for imports and exports are listed here dating from 1997 to 2007. Study market price & market size of Olefin along with market share of Russian companies importing Olefin from South Africa ** Available on Purchase 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). South Africa Total Exports data is updated monthly, available from Oct 2004 to Oct 2020, with an averaged value of 7.2 USD bn. 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 IMPORT. South Africa’s economy rebounded in the third quarter of 2020 (July–September), coinciding with the easing of COVID-19 lockdown restrictions. HEADLINES. South Africa’s shipments of plastics including articles made from plastic posted the third-fastest gain in value up by 0.01%. 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. 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 2017, the main export partner of South Africa was China, with a share of 9.5 percent in exports. The graph indicates the recent Trade Statistics between Israel and South Africa:. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Total Exports (2019) $89,395,988,333 : Total Imports (2019) $88,037,490,927 : Trade Balance (2019) $1,358,497,406 : Exports of goods and services (% of GDP) (2019) 29.85%: Imports of goods and … The only other region with a higher export dependence on the rest of the world is Oceania. However, weak commodity prices since 2014 have greatly impacted the value of African exports to China, even while Chinese exports to Africa remained steady. And China on its own contributed 57.75% tot total clothing and textile imports into South Africa. Export opportunities for South Africa in selected African countries While there has been some progress in expanding non-traditional exports, much of the growth recorded over the period was due to the commodities boom and rising prices, with five of the top six African exporters in 2012 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. 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. 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. Annual production in 2007 was 535,000 vehicles, out of a global production of 73 million units in the same year. 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. Export statistics Export statistics of export from 1998 to 2002 on South Africa can be found here. However, following an increase in UK service exports in 2011, the UK began recording a trade surplus, which stood at £0.6 billion in 2014. 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. As a manufacturing hub, it is the most industrialized, technologically advanced, and diversified economy on the African continent. Total Exports prior to January 2010 exclude Botswana, Lesotho, Namibia and Swaziland. Retail, wholesale, motor, food & beverages, tourist accommodation, Structural industry statistics (large sample surveys of industries, Population Statistics (Census and Community Survey), Labour Statistics- Quarterly Labour Force Survey (QLFS), Tourism Statistics (Domestic Tourism Survey), Crime and Safety Statistics (Victims of Crime Survey), Service Delivery Statistics (General Household Survey), Transport Statistics (National Travel Survey). South African exports to the rest of Africa are predominantly of value-added goods. Among these import categories, mineral fuel & oil was the fastest-declining import product, which recorded a drop of -13.4% last year. South Africa: Imports South Africa’s primary import commodities include machinery and equipment, chemicals, petroleum products, scientific instruments, and food materials. Perhaps the second quarter of 2020 will become known as the pandemic quarter. Publish your articles and forecasts in our website. 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. According to Africa imports and exports statistics, it ranks highly on the list of top importers. This is an increase by 11.3% but decreased by -19.5% since 2013 due to dollar effect. The value of China-Africa trade in 2018 was $185 bn, up from $155 bn in 2017. Main source markets were already, or were going into lockdown leading to an overall decline in imports, while exports remain largely unchanged. The following chart shows the distribution of South Africa’s import partners. 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. Detailed bilateral trade by country: Exports 2011 Trade data provided by SARS - Customs and Excise . Gross … Imports of Goods for South Africa from South African Reserve Bank (SARB) for the Quarterly Bulletin release. 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. Africa as a whole has in the recent past enjoyed tremendous growth in both the economic and social sectors. 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. However, trade varies from one country to another. Exports. This is an increase by 11.3% but decreased by -19.5% since 2013 due to dollar effect. Mining, manufacturing, building, electricity, liquidations. According to Africa imports and exports statistics, it ranks highly on the list of top importers. 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. Nigeria is the most populous country on the continent. In second place for improving export sales was vehicles thanks to a 5.6% gain. For April 2019, a total of R16.124 billion in clothing and textile items were imported into South Africa. The HS coding system breaks items down in various chapters. South Africa is the Southernmost Country of Africa. 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. The overall size of imports and exports as a percentage of our economy points to the fact that South Africa is a … Intra-African exports were 16.6% of total exports in 2017, compared with 68.1% in Europe, 59.4% in Asia, 55.0% in America and 7.0% in Oceania. As per South Africa import statistics, these top-ten product groups accounted for over 60% of the overall value of shipments entered into the country in 2019. 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 … South Africa has a population of 54.8 million people, and this translates to about $1,500 in annual product demand from every citizen in the country. Stats SA is in the process of updating its database of all users. Sub-Saharan Africa had a total export of 281,847,447.24 in thousands of US$ 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%. Intra-Africa exports account for 26% of South Africa's total exports and imports for 12% of total imports for 2018. The following link to the Department of Trade and Industry gives an overview of the total imports and exports between South Africa and Israel. This page provides forecast and historical data, charts, statistics, news and updates for South Africa Imports of Goods. read more », The formal business sector, excluding agriculture and financial intermediation, generated R2,3 trillion in turnover during the second quarter of 2017, i.e. South Africa Import Trade Statistics provides the Market Trends & Size details of South Africa. Menu. 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%. Gross domestic product (GDP) fell by just over 16% between the   read more », 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. 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. 2015 statistics for the South African wine industry announced in 2016 - size, structure, production, sales, exports, imports . 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. Table 5.24: SA vs China and India’s exports to Africa 82 Table 6.1: Forecast GDP growth rate 83 Table 6.2: Forecast growth rate for imports 84 Table 6.3: Drivers of export growth in South Africa 84 Table 6.4: Drivers of South Africa’s import growth 86 . Consumer price index (CPI), Producer price index (PPI), Government finance: national and provincial government, Supply and use tables, Satellite accounts, Regional GDP, Gross domestic product (GDP), expenditure. 7 Introduction This is the first edition of the South Africa Trade Report 2014. 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. This, in turn, is essential to fostering social and economic development. This is a downloadable Excel file. Detailed bilateral trade by country: Exports 2011 Trade data provided by SARS - Customs and Excise . In the latest reports, South Africa's Total Exports grew 23.1 % YoY in Sep 2020. 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 economy of South Africa is the second largest in Africa. South Africa main imports are: machinery (23.5 percent of total imports), mineral products (15.1 percent), vehicles and aircraft vessels (10 percent), chemicals (10.9 percent), equipment components (8.1 percent) and iron and steel products (5.3 percent). The top 20 countries above contributed 96.5% to the total value of clothing and textile imports into South Africa during April 2019. In 2019, over 65 % of goods imported to the EU from Africa were primary goods (food and drink, raw material and energy). In 2018, South Africa exported $115B and imported $95.5B, resulting in a positive trade balance of $19.6B. The amount of debt held by the formal business sector1 was up 5,9% in 2016 compared with 2015. Import and Export Statistics . South Africa Total Exports recorded 9.1 USD bn in Oct 2020, compared with 8.1 USD bn in the previous month. Paper Kraft Export statistics of South Africa for Year 2017. All industries recorded an increase in economic activity compared with the second quarter, with manufacturing, trade and mining leading the charge. 2015 statistics for the South African wine industry announced in 2016 - size, structure, production, sales, exports, imports. Three industries (construction, agriculture and transport) registered a slump in production. Our South Africa export data of paper kraft is based on South Africa custom records. 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). March 30, 2010 • Africa • by EconomyWatch Content. by country: imports or exports; Trade in Services Statistics 2000-2018 . South Africa’s trade, exports and imports are heavily dependent on the nation’s natural resources and the government’s highly liberal trade incentives. Total debt amounted to R5,7 trillion in 2016. Brazil, Russia, India, China, South Africa (BRICS) Imports and Exports The aggregate import and export value of BRICS amounted to USD 2339183 million and USD 2902801 million respectively in 2016. 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 share of exports from Africa to the rest of the world ranged from 80% to 90% in 2000 –2017. In 2018, Zimbabwe exported $4.46B and imported $5.99B, resulting in a negative trade balance of -$1.53B. Kindly participate in this short survey and provide your details. Exports in South Africa increased to 149158.09 ZAR Million in October from 135606.67 ZAR Million in September of 2020. As mentioned earlier in the article the United States regulary features under the top 3 trading partners for South Africa. China stood as the largest trading country both in terms of imports and exports among BRICS nations and in the world as well. by service: imports or exports; by country: imports or exports; Trade Map is part of a suite of Market Analysis Tools developed by ITC. Who was responsible for generating this amount? French speaking countries in West Africa, DR Congo, Ethiopia, Angola and Kenya are other rapidly growing markets on the continent. EXPORT. 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 lifeblood of many. 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 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. South African Total Exports/Imports: Israel. Trade Map is free to use and provides trade statistics and market access information for export development. The lack thereof creates zombies in offices across the world daily. 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. Exports in South Africa increased to 149158.09 ZAR Million in October from 135606.67 ZAR Million in September of 2020. email; facebook 0; linkedin; twitter; The Africa trade is dominated by diverse natural resources that the continent enjoys in abundance. China-Africa bilateral trade has been steadily increasing for the past 16 years. Reliable statistical information – statistics and indicators used in the analysis of international trade, investment and development – is indispensable for the formulation of sound economic policies and recommendations. Intra-Africa exports account for 26% of South Africa's total exports and imports for 12% of total imports for 2018. South Africa was the United States' 45th largest goods export market in 2019. Large exports for South Africa is shown in Chapter 26 -Ores. Export statistics Export statistics of export from 1998 to 2002 on South Africa can be found here. Home / Africa Trade Data. Total Imports recorded 6.1 USD bn in Sep 2020, which registered a decrease of 3.3 % year on year. Detailed bilateral trade by country. South Africa’s imports were worth $70.24 billion in 2009, down from $90.57 billion in 2008. The rise in debt was observed in eight of the nine industries, according to Stats SA’s latest Annual financial statistics (AFS) release2. News / Comment; TOP EVENTS; TOP RATINGS. Currently the value of Imports and Exports per quarter equates to roughly 60% of South Africa's Gross Domestic Product (GDP). The U.S. services trade surplus with South Africa was $648 million in 2019. 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. 1957-2020 Data | 2021-2022 Forecast | Historical | Chart | News. South Africa recorded a trade surplus of R3.7 billion in December 2009, according to the South African Revenue Service (SARS). Main economic indicators, GDP by sector, trade in goods, trade in commercial services, foreign direct investment, imports and exports with the world, ranking, trade balance. Also shown is the percentage share each product category represents in terms of overall imports into South Africa. Trade data Trade statistics on South Africa from the South African Revenue Service can be downloaded here. South Africa's Trade Balance recorded a surplus of 2.0 USD bn in Sep 2020. Others include: the UK, Thailand, Italy and France. However, manufacturers in communication equipment, electrical machinery and clothing failed to perform. the months of April, May and June. 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. 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 ». The cup that jumpstarts your morning. 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 Statistics; Africa Trade, Exports and Imports. 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 The food and beverages and automotive divisions were the major drivers behind the rise. South Africa imported $83.2 billion worth of products in 2017. "The South African chicken industry is in trouble because imports have grabbed nearly 30% of the local market. South Africa’s Top 5 Import Partners . Businesses were supported by an increase in both exports and household spending. Direct access to our calendar releases and historical data. South Africa's exports to the EU are growing and the composition of these exports is becoming more diverse. Our data includes North Africa. South Africa is the EU's largest trading partner in Africa. So trade is an extremely import part of the South African economy. South Africa imported $83.2 billion worth of products in 2017. SOUTH AFRICA IMPORT. CUSTOMS DATA. 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