Detailed bilateral trade by country: Exports 2011 Trade data provided by SARS - Customs and Excise . China stood as the largest trading country both in terms of imports and exports among BRICS nations and in the world as well. Among these import categories, mineral fuel & oil was the fastest-declining import product, which recorded a drop of -13.4% last year. Imports of Goods for South Africa from South African Reserve Bank (SARB) for the Quarterly Bulletin release. According to Africa imports and exports statistics, it ranks highly on the list of top importers. 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$4.4 million. Trade data Trade statistics on South Africa from the South African Revenue Service can be downloaded here. Intra-African exports were 16.6% of total exports in 2017, compared with 68.1% in Europe, 59.4% in Asia, 55.0% in America and 7.0% in Oceania. Exports in South Africa averaged 21501.87 ZAR Million from 1957 until 2020, reaching an all time high of 149158.09 ZAR Million in October of 2020 and a record low of 55.80 ZAR Million in August of 1958. South Africa Import Trade Statistics provides the Market Trends & Size details of South Africa. Main trading partners are: China (18.3 percent), Germany (11.5 percent), United States (6.6 percent), India (4.7 percent), Saudi Arabia (4.6 percent) and Japan (3.4 percent). Businesses were supported by an increase in both exports and household spending. In 2018 South Africa was the number 32 economy in the world in terms of GDP (current US$), 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). 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. 2015 statistics for the South African wine industry announced in 2016 - size, structure, production, sales, exports, imports. 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 … by service: imports or exports; by country: imports or exports; Trade Map is part of a suite of Market Analysis Tools developed by ITC. 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 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 African exports to the rest of Africa are predominantly of value-added goods. 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 ». Who was responsible for generating this amount? Currently the value of Imports and Exports per quarter equates to roughly 60% of South Africa's Gross Domestic Product (GDP). The graph indicates the recent Trade Statistics between Israel and South Africa:. South Africa imported $83.2 billion worth of products in 2017. The only other region with a higher export dependence on the rest of the world is Oceania. 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. South African Total Exports/Imports: Israel. South Africa’s Top 5 Import Partners . However, weak commodity prices since 2014 have greatly impacted the value of African exports to China, even while Chinese exports to Africa remained steady. email; facebook 0; linkedin; twitter; The Africa trade is dominated by diverse natural resources that the continent enjoys in abundance. This is an increase by 11.3% but decreased by -19.5% since 2013 due to dollar effect. 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 Africa's Trade Balance recorded a surplus of 2.0 USD bn in Sep 2020. 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. 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