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%. However, trade varies from one country to another. 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. Annual production in 2007 was 535,000 vehicles, out of a global production of 73 million units in the same year. 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. As mentioned earlier in the article the United States regulary features under the top 3 trading partners for South Africa. 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. 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, exports and imports are heavily dependent on the nation’s natural resources and the government’s highly liberal trade incentives. Nigeria is the most populous country on the continent. 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. SARS Database with the top 10 import and export products in 2008 (2007 and 2006 are also available). 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. Africa as a whole has in the recent past enjoyed tremendous growth in both the economic and social sectors. Mining, finance, trade and government services were the main drivers of growth. 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. EXPORT. China-Africa bilateral trade has been steadily increasing for the past 16 years. Among these import categories, mineral fuel & oil was the fastest-declining import product, which recorded a drop of -13.4% last year. 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. Intra-Africa exports account for 26% of South Africa's total exports and imports for 12% of total imports for 2018. 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. However, weak commodity prices since 2014 have greatly impacted the value of African exports to China, even while Chinese exports to Africa remained steady. Mining was the strongest performer   read more », The manufacturing industry rebounded in 2018, recording its highest annual growth rate in five years. 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. The graph indicates the recent Trade Statistics between Israel and South Africa:. 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. The overall size of imports and exports as a percentage of our economy points to the fact that South Africa is a … South Africa Total Exports data is updated monthly, available from Oct 2004 to Oct 2020, with an averaged value of 7.2 USD bn. Detailed bilateral trade by country. 1957-2020 Data | 2021-2022 Forecast | Historical | Chart | News. 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 South Africa Import Trade Statistics provides the Market Trends & Size details of South Africa. This is an increase by 11.3% but decreased by -19.5% since 2013 due to dollar effect. 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. 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. All details will be kept confidential and is for the use of Stats SA only. Export statistics Export statistics of export from 1998 to 2002 on South Africa can be found here. For April 2019, a total of R16.124 billion in clothing and textile items were imported into South Africa. The following product groups represent the highest dollar value in South Africa’s import purchases during 2019. Mining, manufacturing, building, electricity, liquidations. 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. 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 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 is a downloadable Excel file. Menu. South Africa's Trade Balance recorded a surplus of 2.0 USD bn in Sep 2020. 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 rise in debt was observed in eight of the nine industries, according to Stats SA’s latest Annual financial statistics (AFS) release2. Lookup import statistics of Olefin under HS Code 2905120000, which Russia imports from South Africa. The food and beverages and automotive divisions were the major drivers behind the rise. 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. 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). Total Imports recorded 6.1 USD bn in Sep 2020, which registered a decrease of 3.3 % year on year. 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. In second place for improving export sales was vehicles thanks to a 5.6% gain. Export statistics Export statistics of export from 1998 to 2002 on South Africa can be found here. The cup that jumpstarts your morning. Large exports for South Africa is shown in Chapter 26 -Ores. China stood as the largest trading country both in terms of imports and exports among BRICS nations and in the world as well. Also shown is the percentage share each product category represents in terms of overall imports into South Africa. All industries recorded an increase in economic activity compared with the second quarter, with manufacturing, trade and mining leading the charge. 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%). 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. 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 HS coding system breaks items down in various chapters. South Africa’s shipments of plastics including articles made from plastic posted the third-fastest gain in value up by 0.01%. According to Africa imports and exports statistics, it ranks highly on the list of top importers. The surplus resulted from a decrease in imports of 13.73% and a decrease in exports of 1.08%. South Africa imported $83.2 billion worth of products in 2017. 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. 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). South African exports to the rest of Africa are predominantly of value-added goods. 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. CUSTOMS DATA. Kindly participate in this short survey and provide your details. South Africa Total Exports recorded 9.1 USD bn in Oct 2020, compared with 8.1 USD bn in the previous month. Statistics; Africa Trade, Exports and Imports. Intra-Africa exports account for 26% of South Africa's total exports and imports for 12% of total imports for 2018. The value of China-Africa trade in 2018 was $185 bn, up from $155 bn in 2017. The lifeblood of many. In 2018, Zimbabwe exported $4.46B and imported $5.99B, resulting in a negative trade balance of -$1.53B. 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