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Home » Africa and Middle East » What are South Africa’s main imports and exports?

What are South Africa’s main imports and exports?

December 14, 2021 by Shelia Campbell

Chief exports include corn, diamonds, fruits, gold, metals and minerals, sugar, and wool. Machinery and transportation equipment make up more than one-third of the value of the country’s imports.

Contents

What are the main imports of South Africa?

Top 10

  • Mineral fuels including oil: US$9.6 billion (14% of total imports)
  • Machinery including computers: $9.1 billion (13.1%)
  • Electrical machinery, equipment: $7.1 billion (10.3%)
  • Vehicles: $4.4 billion (6.4%)
  • Pharmaceuticals: $2.4 billion (3.5%)
  • Plastics, plastic articles: $2 billion (3%)

What are South Africa’s main exports?

Its main export commodities are gold, diamonds, platinum, other metals and minerals, machinery and equipment. South Africa’s main trade partners are the European Union, China, US, Japan and India.

What is SA biggest export?

Exports The top exports of South Africa are Gold ($16.8B), Platinum ($9.62B), Cars ($7.61B), Iron Ore ($6.73B), and Coal Briquettes ($5.05B), exporting mostly to China ($16.7B), United Kingdom ($8.5B), Germany ($8.1B), United States ($6.83B), and India ($6.03B).

What are the most common imports and exports?

What are the U.S. Imports and Exports?

  • Machinery (including computers and hardware) – $213.1 billion.
  • Minerals, fuels, and oil – $189.9 billion.
  • Electrical machinery and equipment – $176.1 billion.
  • Aircraft and spacecraft – $139.1 billion.
  • Vehicles and automobiles – $130.6 billion.

What are the main imports of Africa?

The other top products imported by Africa are: Motor cars for persons (worth 17 billion USD), medicaments (worth 11.4 billion USD), telephone sets (worth 11.2 billion USD), wheat (worth 10.6 billion USD), motor vehicles for the transport of goods (worth 6.3 billion USD), rice (worth 6.3 billion USD), and parts &

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What are Africa’s exports?

In most African states one or two primary commodities dominate the export trade—e.g., petroleum and petroleum products in Libya, Nigeria, Algeria, Egypt, Gabon, the Republic of the Congo, and Angola; iron ore in Mauritania and Liberia; copper in Zambia and the Democratic Republic of the Congo; cotton in Chad; coffee in

Who imports gold from South Africa?

Trade Balance
In 2019, South Africa imported $2.7B in Gold, mainly from Ghana ($1.06B), Namibia ($620M), Zimbabwe ($412M), Cote d’Ivoire ($394M), and United Arab Emirates ($86M).

What are the two most important export items of South Africa?

Searchable List of South Africa’s Most Valuable Export Products

RANK SOUTH AFRICAN EXPORT PRODUCT 2019 VALUE (US$)
1 Platinum (unwrought) $8,245,494,000
2 Cars $6,681,545,000
3 Iron ores, concentrates $5,743,361,000
4 Coal, solid fuels made from coal $4,838,972,000

Does South Africa export more than imports?

10 February 2020: South Africa’s biggest trading partners for December 2019.8 billion positive trade balance with the rest of the world. Basically South Africa exported R14. 8 billion more in goods than what it imported.

What is South Africa famous for?

South Africa, the southernmost country on the African continent, renowned for its varied topography, great natural beauty, and cultural diversity, all of which have made the country a favoured destination for travelers since the legal ending of apartheid (Afrikaans: “apartness,” or racial separation) in 1994.

What food does South Africa export?

Citrus, wine, table grapes, corn and wool accounted for the largest exports by value. South Africa also exports nuts, sugar, mohair, apples and pears. South Africa imported $7.7 billion in agricultural and food products in FY2018, which is at the same level as in FY2017.

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What food does South Africa import?

In this category, South Africa’s main imports are wheat, rice, and corn, with an import value of US$986.01 million. The increasing demand for wheat – more than 3 million tons – is rarely covered by the local production, which usually accounts for only half of that amount.

What are the main imports?

Where Does Argentina Import From?

  • Brazil, accounting for 27% of its total import origins and about $17.8 billion in costs.
  • China, accounting for 19% of its total import origins and about $12.6 billion in costs.
  • The United States, accounting for 11% of its total import origins and about $7.33 billion in costs.

What are examples of exports?

An example of export is rice being shipped from China to be sold in many countries. Export is defined as to move products to another country for the purpose of trade or sale. An example of export is Ecuador shipping bananas to other countries for sale. To sell goods or services to a company in another country.

What is the number 1 export in the world?

China. Aside from the European Union, China is the world’s largest exporter. In 2017, China exported an estimated $2.16 trillion worth of goods and services, primarily electronic equipment and machinery. This comprised about 19.6% of China’s total GDP that year.

What does South Africa export to Africa?

In 2017, South Africa exported mostly: mineral products (25.1 percent of total exports, including chrome, manganese, vanadium, vermiculite, ilmenite, palladium, rutile and zirconium, crude and coal), precious metals (16.7 percent, mainly gold, platinum, diamonds and jewellery), vehicles and aircraft vessels (11.9

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What were the top 3 exports of South African products in 2018?

Merchandise trade
The main products exported are platinum, coal, motor cars, gold and iron ore. The main import products are crude oil, petroleum oils (not crude), motor cars and telephone sets (including cell phones). More than 26% of exports from South Africa are to the rest of the African continent.

What were the top 3 imports of South Africa in 2018?

Top 5 imports into South Africa during 2018:

  • Crude Oil: R 144 954 759 047.
  • Vehicle Components – Original Equipment Components – For Motor Vehicles For The Transport Of Persons: R 49 770 179 712.
  • Distillate Fuel: R 38 924 762 711.

What products are made in South Africa?

South Africa is synonymous for its mineral riches such gold, diamond, platinum, manganese-ore and coal, while the fruits of its farming industry are savoured over the world. This includes wine, fruit, medicinal plants, wool, livestock, game and cut flowers.

What is South Africa known for producing?

South Africa is the world’s biggest producer of gold and platinum and one of the leading producers of base metals and coal.The country produces 10% of the world’s gold, and has 40% of the world’s known resources.

Filed Under: Africa and Middle East

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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