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). South Africa’s trade, exports and imports are heavily dependent on the nation’s natural resources and the government’s highly liberal trade incentives. 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. This is a downloadable Excel file. 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 … Intra-Africa exports account for 26% of South Africa's total exports and imports for 12% of total imports for 2018. 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 Trade Balance recorded a surplus of 2.0 USD bn in Sep 2020. Among these import categories, mineral fuel & oil was the fastest-declining import product, which recorded a drop of -13.4% last year. As mentioned earlier in the article the United States regulary features under the top 3 trading partners for South Africa. Mining was the strongest performer   read more », The manufacturing industry rebounded in 2018, recording its highest annual growth rate in five years. For April 2019, a total of R16.124 billion in clothing and textile items were imported into South Africa. Africa as a whole has in the recent past enjoyed tremendous growth in both the economic and social sectors. 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. China-Africa bilateral trade has been steadily increasing for the past 16 years. 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). 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). email; facebook 0; linkedin; twitter; The Africa trade is dominated by diverse natural resources that the continent enjoys in abundance. SARS Database with the top 10 import and export products in 2008 (2007 and 2006 are also available). March 30, 2010 • Africa • by EconomyWatch Content. This is an increase by 11.3% but decreased by -19.5% since 2013 due to dollar effect. Lookup import statistics of Olefin under HS Code 2905120000, which Russia imports from South Africa. Direct access to our calendar releases and historical data. The overall size of imports and exports as a percentage of our economy points to the fact that South Africa is a … News / Comment; TOP EVENTS; TOP RATINGS. The value of China-Africa trade in 2018 was $185 bn, up from $155 bn in 2017. SOUTH AFRICA IMPORT. 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. The cup that jumpstarts your morning. Exports. 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 . This, in turn, is essential to fostering social and economic development. 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. 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 by country: imports or exports; Trade in Services Statistics 2000-2018 . 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. South Africa imported $83.2 billion worth of products in 2017. South Africa Total Exports data is updated monthly, available from Oct 2004 to Oct 2020, with an averaged value of 7.2 USD bn. Sub-Saharan Africa had a total export of 281,847,447.24 in thousands of US$ 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%. 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. South Africa is the Southernmost Country of Africa. South Africa’s Top 5 Import Partners . 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. South Africa has traditionally been the UK’s largest export and import market in Africa. The amount of debt held by the formal business sector1 was up 5,9% in 2016 compared with 2015. Menu. 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: Imports South Africa’s primary import commodities include machinery and equipment, chemicals, petroleum products, scientific instruments, and food materials. the months of April, May and June. Exports in South Africa increased to 149158.09 ZAR Million in October from 135606.67 ZAR Million in September of 2020. 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. Imports of Goods for South Africa from South African Reserve Bank (SARB) for the Quarterly Bulletin release. The following chart shows the distribution of South Africa’s import partners. 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. 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. Stats SA is in the process of updating its database of all users. Currently the value of Imports and Exports per quarter equates to roughly 60% of South Africa's Gross Domestic Product (GDP). 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 ». 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) 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. 7 Introduction This is the first edition of the South Africa Trade Report 2014. 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. 1957-2020 Data | 2021-2022 Forecast | Historical | Chart | News. South Africa is the Southernmost Country of Africa. Export statistics Export statistics of export from 1998 to 2002 on South Africa can be found here. South Africa Import Trade Statistics provides the Market Trends & Size details of South Africa. 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 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. 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. Exports in South Africa increased to 149158.09 ZAR Million in October from 135606.67 ZAR Million in September of 2020. The following product groups represent the highest dollar value in South Africa’s import purchases during 2019. 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. Also shown is the percentage share each product category represents in terms of overall imports into South Africa. 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. This is an increase by 11.3% but decreased by -19.5% since 2013 due to dollar effect. 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). 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. The share of exports from Africa to the rest of the world ranged from 80% to 90% in 2000 –2017. Paper Kraft Export statistics of South Africa for Year 2017. "The South African chicken industry is in trouble because imports have grabbed nearly 30% of the local market. 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 … However, trade varies from one country to another. The Trading Economics Application Programming Interface (API) provides direct access to our data. In 2018, Zimbabwe exported $4.46B and imported $5.99B, resulting in a negative trade balance of -$1.53B. Main source markets were already, or were going into lockdown leading to an overall decline in imports, while exports remain largely unchanged. In June 2020, government announced the roll-out of an extensive infrastructure investment drive that would cover 55 projects across six sectors. 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%). Mining, finance, trade and government services were the main drivers of growth. CUSTOMS DATA. The HS coding system breaks items down in various chapters. In 2018, South Africa exported $115B and imported $95.5B, resulting in a positive trade balance of $19.6B. HEADLINES. by service: imports or exports; by country: imports or exports; Trade Map is part of a suite of Market Analysis Tools developed by ITC. 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. 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. 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. As a manufacturing hub, it is the most industrialized, technologically advanced, and diversified economy on the African continent. In 2019, over 65 % of goods imported to the EU from Africa were primary goods (food and drink, raw material and energy). EXPORT. South Africa’s shipments of plastics including articles made from plastic posted the third-fastest gain in value up by 0.01%. Publish your articles and forecasts in our website. Total Exports prior to January 2010 exclude Botswana, Lesotho, Namibia and Swaziland. 2015 statistics for the South African wine industry announced in 2016 - size, structure, production, sales, exports, imports . 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 lack thereof creates zombies in offices across the world daily. A-Z Regions South Africa's exports to the EU are growing and the composition of these exports is becoming more diverse. French speaking countries in West Africa, DR Congo, Ethiopia, Angola and Kenya are other rapidly growing markets on the continent. All industries recorded an increase in economic activity compared with the second quarter, with manufacturing, trade and mining leading the charge. However, weak commodity prices since 2014 have greatly impacted the value of African exports to China, even while Chinese exports to Africa remained steady. Services exports were $2.6 billion; services imports were $2.0 billion. However, manufacturers in communication equipment, electrical machinery and clothing failed to perform. In second place for improving export sales was vehicles thanks to a 5.6% gain. South Africa is the EU's largest trading partner in Africa. South Africa main imports are: machinery (23.5 percent of total imports), mineral products (15.1 percent), vehicles and aircraft vessels (10 percent), chemicals (10.9 percent), equipment components (8.1 percent) and iron and steel products (5.3 percent). South Africa’s economy rebounded in the third quarter of 2020 (July–September), coinciding with the easing of COVID-19 lockdown restrictions. Total debt amounted to R5,7 trillion in 2016. The economy of South Africa is the second largest in Africa. According to Africa imports and exports statistics, it ranks highly on the list of top importers. The leading decliner among South Africa’s top 10 export categories was iron and steel which fell … South African Total Exports/Imports: Israel. In the latest reports, South Africa's Total Exports grew 23.1 % YoY in Sep 2020. Download historical data for 20 million indicators using your browser. Sub-Saharan Africa had a total export of 281,847,447.24 in thousands of US$ 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%. Large exports for South Africa is shown in Chapter 26 -Ores. Home / Africa Trade Data. 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. South Africa is an upper-middle-income economy, one of only eight such countries in Africa. Annual production in 2007 was 535,000 vehicles, out of a global production of 73 million units in the same year. 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. China stood as the largest trading country both in terms of imports and exports among BRICS nations and in the world as well. 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. South Africa's main trading partners Main trading partners for imports and exports are listed here dating from 1997 to 2007. 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. Statistics; Africa Trade, Exports and Imports. 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