Close

Monitor Report of SOUTH AFRICA trade and SOUTH AFRICA-China binational trade in 202009

 1.  Overview the trade of SOUTH AFRICA in goods current year until 202009

According to Dalian Infobank, in 202009SOUTH AFRICA's exports and imports of goods amounted to 14232.6488 million, and were down 1.96% comparing with the same period of last year. Among these, exports were up 9.23% at 8118.4088 million, and imports were down 13.70% at 6114.2400 million. And the corresponding trade surplus was 2004.1688 million and up 476.64%.

During the current year until 202009, SOUTH AFRICA's total exports and imports of goods were 108403.6099 million and were down 18.58% comparing to the same period of last year. Among these, exports were 59239.6152 million and down 11.31%; imports were 49163.9947 million and down 25.89%. The total trade surplus was 10075.6205 million and up 2136.13%.

If considering by country (region), CHINA, GERMANY, UNITED STATES, OTHER COUNTRIES, INDIA were SOUTH AFRICA's top five trading partners. During the current year until 202009, SOUTH AFRICA's imports and exports to five countries/territories were 16734.0393 million, 9152.2356 million, 7795.0090 million, 5781.9499 million, 4791.3036 million. These values correspond to 15.44%, 8.44%, 7.19%, 5.33%, 4.42% of SOUTH AFRICA's imports and exports, and, respectively, were down 14.32%, down 26.20%, down 11.91%, up 33.23%, down 22.88% comparing to the same period of last year.

Current year until 202009, SOUTH AFRICA and the top five trade partners CHINA, OTHER COUNTRIES, UNITED STATES, GERMANY, UNITED KINGDOM are the top five countries/territories that SOUTH AFRICA exports to in terms of the total export amount. During the current year until 202009, SOUTH AFRICA's exports to these five countries/territories were 6845.3709 million, 5508.3736 million, 4628.9087 million, 4508.8003 million, 2946.8582 million. These values correspond to 11.56%, 9.30%, 7.81%, 7.61%, 4.97% of SOUTH AFRICA's exports and, respectively, were down 5.24%, up 41.33%, up 2.44%, down 18.02%, down 12.87% comparing with the same period of last year.

Current year until 202009, SOUTH AFRICA's exports to top five countries/territories CHINA, GERMANY, UNITED STATES, INDIA, SAUDI ARABIA are the top five countries/territories that SOUTH AFRICA imports from in terms of the total export amount. During the current year until 202009, SOUTH AFRICA's imports from these five countries/territories were 9888.6684 million, 4643.4353 million, 3166.1003 million, 2617.7985 million, 1935.9608 million. These values correspond to 20.11%, 9.44%, 6.44%, 5.32%, 3.94% of SOUTH AFRICA's total imports and, respectively, were down 19.65%, down 32.72%, down 26.89%, down 18.42%, down 26.97% comparing with the same period of last year.

During the current year until 202009, the trade surplus of SOUTH AFRICA was mainly from OTHER COUNTRIES, BOTSWANA, NETHERLANDS, UNITED KINGDOM, MOZAMBIQUE at 5234.7972 million, 1958.1481 million, 1745.3932 million, 1687.6195 million, 1651.4033 million, and up 51.50%, down 26.21%, up 19.74%, up 26.16%, down 13.25%. And the trade deficits were mainly from CHINA, SAUDI ARABIA, NIGERIA, THAILAND, ITALY at 3043.2974 million, 1693.2215 million, 1457.1417 million, 1197.5266 million, 828.4353 million, and down 40.13%, down 28.35%, down 31.24%, down 29.33%, down 28.79%.

Current year until 202009, SOUTH AFRICA's trade surplus or deficit with top five countries/territories During the current year until 202009,  commodities with hs2 codes, 71, 27, 84, 26, 87, were SOUTH AFRICA's top five traded commodities. They correspond to the import and export values of 14144.6911 million, 12353.4011 million, 9742.9647 million, 8807.0920 million, 8423.0507 million, which were up 26.33%, down 29.63%, down 22.45%, down 12.87%, down 40.05% comparing with the same period of last year and account for 13.05%, 11.40%, 8.99%, 8.12%, 7.77% of SOUTH AFRICA's total imports and exports.

During the current year until 202009, 71, 26, 87, 27, 84 were SOUTH AFRICA's top five traded commodities, with total import and export values of 13346.2158 million, 8782.6661 million, 5381.2807 million, 5010.1091 million, 3328.0454 million. These values correspond to 22.53%, 14.83%, 9.08%, 8.46%, 5.62% of SOUTH AFRICA's total exports and, respectively, were up 29.37%, down 12.34%, down 38.22%, down 26.27%, down 18.59% comparing to the same period of last year.

During the current year until 202009, 27, 84, 85, 98, 87 were SOUTH AFRICA's top five traded commodities, with total import values of 7343.2920 million, 6414.9193 million, 4896.9990 million, 3580.3206 million, 3041.7700 million. These values correspond to 14.94%, 13.05%, 9.96%, 7.28%, 6.19% of SOUTH AFRICA's total exports and, respectively, were down 31.75%, down 24.31%, down 24.90%, down 40.97%, down 43.04% comparing to the same period of last year.


2. Current year until 202009, SOUTH AFRICA binational trade profile

According to Dalian Infobank, during the current year until 202009, SOUTH AFRICA-China binational exports and imports of goods amounted to 16734.0393 million and were down 14.32% comparing with the same period of last year. Among these, exports from SOUTH AFRICA to China were 6845.3709 million and down 5.24%, imports from China to SOUTH AFRICA were 9888.6684 million and down 19.65%. The total binational trade deficit was 3043.2974 million and down 40.13%.

During the urrent year until 202009, commodities with hs2 code, 26, 85, 84, 72, 63, were binational trade's top five traded commodities. They correspond to import and export values of 4793.6765 million, 2509.7133 million, 2129.4789 million, 797.2148 million, 451.4546 million and makes up 28.65%, 15.00%, 12.73%, 4.76%, 2.70% of the total binational imports and exports. These values were also down 10.28%, down 23.01%, down 16.91%, down 17.13%, up 536.84% comparing to the same period last year.

During the current year until 202009, 26, 72, 74, 08, 47 were the top five traded commodities exported to China from SOUTH AFRICA, with export values of 4792.1215 million, 631.1285 million, 272.2334 million, 208.3043 million, 207.7889 million. These values account for 70.01%, 9.22%, 3.98%, 3.04%, 3.04% of SOUTH AFRICA's total exports and were down 10.26%, down 11.24%, up 6.39%, down 6.05%, up 137.49% comparing to the same period of last year.

During the current year until 202009, 85, 84, 63, 29, 87 were SOUTH AFRICA's top five traded commodities importing from China , with import values of 2494.1673 million, 2108.0833 million, 442.5403 million, 353.3599 million, 283.2178 million. These values account for 25.22%, 21.32%, 4.48%, 3.57%, 2.86% of SOUTH AFRICA's total imports and were down 23.28%, down 17.07%, up 524.30%, down 11.41%, down 18.94% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: South African Revenue Service