Close

Monitor Report of SOUTH AFRICA trade and SOUTH AFRICA-China binational trade in 202002

 1.  Overview the trade of SOUTH AFRICA in goods current year until 202002

According to Dalian Infobank, in 202002SOUTH AFRICA's exports and imports of goods amounted to 13576.7524 million, and were down 2.49% comparing with the same period of last year. Among these, exports were up 1.82% at 7233.0499 million, and imports were down 6.98% at 6343.7025 million. And the corresponding trade surplus was 889.3475 million and up 213.71%.

During the current year until 202002, SOUTH AFRICA's total exports and imports of goods were 27770.2166 million and were up 0.56% comparing to the same period of last year. Among these, exports were 14233.4189 million and up 5.53%; imports were 13536.7977 million and down 4.18%. The total trade surplus was 696.6212 million and down 208.83%.

If considering by country (region), CHINA, GERMANY, UNITED STATES, INDIA, OTHER COUNTRIES were SOUTH AFRICA's top five trading partners. During the current year until 202002, SOUTH AFRICA's imports and exports to five countries/territories were 4141.6281 million, 2515.1579 million, 1999.6981 million, 1475.7941 million, 1331.0143 million. These values correspond to 14.91%, 9.06%, 7.20%, 5.31%, 4.79% of SOUTH AFRICA's imports and exports, and, respectively, were down 7.25%, up 2.55%, up 7.33%, up 25.99%, up 50.83% comparing to the same period of last year.

Current year until 202002, SOUTH AFRICA and the top five trade partners CHINA, OTHER COUNTRIES, GERMANY, UNITED STATES, INDIA are the top five countries/territories that SOUTH AFRICA exports to in terms of the total export amount. During the current year until 202002, SOUTH AFRICA's exports to these five countries/territories were 1587.5048 million, 1217.8364 million, 1177.3335 million, 1124.6538 million, 765.8797 million. These values correspond to 11.15%, 8.56%, 8.27%, 7.90%, 5.38% of SOUTH AFRICA's exports and, respectively, were up 16.84%, up 53.62%, up 9.07%, up 12.54%, up 38.00% comparing with the same period of last year.

Current year until 202002, SOUTH AFRICA's exports to top five countries/territories CHINA, GERMANY, UNITED STATES, NIGERIA, INDIA are the top five countries/territories that SOUTH AFRICA imports from in terms of the total export amount. During the current year until 202002, SOUTH AFRICA's imports from these five countries/territories were 2554.1232 million, 1337.8244 million, 875.0442 million, 733.6042 million, 709.9143 million. These values correspond to 18.87%, 9.88%, 6.46%, 5.42%, 5.24% of SOUTH AFRICA's total imports and, respectively, were down 17.79%, down 2.57%, up 1.30%, up 48.64%, up 15.17% comparing with the same period of last year.

During the current year until 202002, the trade surplus of SOUTH AFRICA was mainly from OTHER COUNTRIES, BOTSWANA, NETHERLANDS, MOZAMBIQUE, NAMIBIA at 1104.6585 million, 511.6440 million, 444.0694 million, 433.6550 million, 341.3341 million, and up 57.13%, down 2.04%, up 34.99%, up 20.57%, down 17.76%. And the trade deficits were mainly from CHINA, NIGERIA, SAUDI ARABIA, THAILAND, ITALY at 966.6184 million, 655.9797 million, 531.3650 million, 299.7646 million, 237.0942 million, and down 44.71%, up 57.17%, up 28.42%, down 20.41%, down 11.23%.

Current year until 202002, SOUTH AFRICA's trade surplus or deficit with top five countries/territories During the current year until 202002,  commodities with hs2 codes, 27, 71, 87, 84, 26, were SOUTH AFRICA's top five traded commodities. They correspond to the import and export values of 3854.2326 million, 3228.9407 million, 2387.3051 million, 2386.2328 million, 2126.8357 million, which were up 4.13%, up 38.01%, down 5.80%, down 8.56%, up 1.90% comparing with the same period of last year and account for 13.88%, 11.63%, 8.60%, 8.59%, 7.66% of SOUTH AFRICA's total imports and exports.

During the current year until 202002, 71, 26, 27, 87, 84 were SOUTH AFRICA's top five traded commodities, with total import and export values of 2983.0145 million, 2121.8218 million, 1488.5737 million, 1422.6594 million, 788.3867 million. These values correspond to 20.96%, 14.91%, 10.46%, 10.00%, 5.54% of SOUTH AFRICA's total exports and, respectively, were up 41.74%, up 2.74%, down 2.94%, down 4.20%, up 0.08% comparing to the same period of last year.

During the current year until 202002, 27, 84, 98, 85, 87 were SOUTH AFRICA's top five traded commodities, with total import values of 2365.6589 million, 1597.8461 million, 1246.4373 million, 1198.7655 million, 964.6457 million. These values correspond to 17.48%, 11.80%, 9.21%, 8.86%, 7.13% of SOUTH AFRICA's total exports and, respectively, were up 9.13%, down 12.29%, up 3.56%, down 11.51%, down 8.07% comparing to the same period of last year.


2. Current year until 202002, SOUTH AFRICA binational trade profile

According to Dalian Infobank, during the current year until 202002, SOUTH AFRICA-China binational exports and imports of goods amounted to 4141.6281 million and were down 7.25% comparing with the same period of last year. Among these, exports from SOUTH AFRICA to China were 1587.5048 million and up 16.84%, imports from China to SOUTH AFRICA were 2554.1232 million and down 17.79%. The total binational trade deficit was 966.6184 million and down 44.71%.

During the urrent year until 202002, commodities with hs2 code, 26, 85, 84, 72, 64, were binational trade's top five traded commodities. They correspond to import and export values of 1169.0202 million, 621.6656 million, 490.4461 million, 186.3699 million, 111.0230 million and makes up 28.23%, 15.01%, 11.84%, 4.50%, 2.68% of the total binational imports and exports. These values were also up 12.15%, down 15.57%, down 21.01%, down 5.24%, down 14.45% comparing to the same period last year.

During the current year until 202002, 26, 72, 47, 74, 51 were the top five traded commodities exported to China from SOUTH AFRICA, with export values of 1168.8105 million, 144.4767 million, 61.1469 million, 45.6624 million, 37.5288 million. These values account for 73.63%, 9.10%, 3.85%, 2.88%, 2.36% of SOUTH AFRICA's total exports and were up 12.25%, up 6.30%, up 1407.00%, down 0.86%, up 44.51% comparing to the same period of last year.

During the current year until 202002, 85, 84, 64, 61, 87 were SOUTH AFRICA's top five traded commodities importing from China , with import values of 621.0052 million, 486.3470 million, 111.0228 million, 109.5555 million, 100.6353 million. These values account for 24.31%, 19.04%, 4.35%, 4.29%, 3.94% of SOUTH AFRICA's total imports and were down 15.40%, down 21.40%, down 14.45%, down 8.00%, up 14.98% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: South African Revenue Service