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Monitor Report of SOUTH AFRICA trade and SOUTH AFRICA-China binational trade in 202105

 1.  Overview the trade of SOUTH AFRICA in goods current year until 202105

According to Dalian Infobank, in 202105SOUTH AFRICA's exports and imports of goods amounted to 19379.1478 million, and were up 88.50% comparing with the same period of last year. Among these, exports were up 109.19% at 11631.5329 million, and imports were up 64.13% at 7747.6149 million. And the corresponding trade surplus was 3883.9179 million and up 362.55%.

During the current year until 202105, SOUTH AFRICA's total exports and imports of goods were 86460.8887 million and were up 48.72% comparing to the same period of last year. Among these, exports were 50192.1271 million and up 70.05%; imports were 36268.7617 million and up 26.73%. The total trade surplus was 13923.3654 million and up 1453.86%.

If considering by country (region), CHINA, GERMANY, UNITED STATES, UNITED KINGDOM, JAPAN were SOUTH AFRICA's top five trading partners. During the current year until 202105, SOUTH AFRICA's imports and exports to five countries/territories were 13448.7220 million, 7842.7636 million, 7803.1342 million, 4395.4161 million, 4258.4754 million. These values correspond to 15.55%, 9.07%, 9.03%, 5.08%, 4.93% of SOUTH AFRICA's imports and exports, and, respectively, were up 53.11%, up 53.29%, up 94.04%, up 107.87%, up 97.39% comparing to the same period of last year.

Current year until 202105, SOUTH AFRICA and the top five trade partners CHINA, UNITED STATES, GERMANY, UNITED KINGDOM, OTHER COUNTRIES are the top five countries/territories that SOUTH AFRICA exports to in terms of the total export amount. During the current year until 202105, SOUTH AFRICA's exports to these five countries/territories were 6328.5840 million, 5528.3027 million, 4560.2661 million, 3570.8580 million, 3200.6531 million. These values correspond to 12.61%, 11.01%, 9.09%, 7.11%, 6.38% of SOUTH AFRICA's exports and, respectively, were up 93.92%, up 155.40%, up 99.15%, up 164.67%, up 40.71% comparing with the same period of last year.

Current year until 202105, 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 202105, SOUTH AFRICA's imports from these five countries/territories were 7120.1380 million, 3282.4974 million, 2274.8315 million, 1996.2628 million, 1587.2626 million. These values correspond to 19.63%, 9.05%, 6.27%, 5.50%, 4.38% of SOUTH AFRICA's total imports and, respectively, were up 28.98%, up 16.13%, up 22.50%, up 45.34%, up 25.67% comparing with the same period of last year.

During the current year until 202105, the trade surplus of SOUTH AFRICA was mainly from UNITED STATES, OTHER COUNTRIES, UNITED KINGDOM, JAPAN, BOTSWANA at 3253.4712 million, 2966.4087 million, 2746.3000 million, 2123.7085 million, 1485.1503 million, and up 957.75%, up 40.54%, up 370.38%, up 463.94%, up 49.86%. And the trade deficits were mainly from SAUDI ARABIA, THAILAND, CHINA, OMAN, FRANCE at 1433.9761 million, 1022.1238 million, 791.5540 million, 757.1094 million, 480.4386 million, and up 25.93%, up 40.43%, down 64.93%, up 247.81%, up 6.99%.

Current year until 202105, SOUTH AFRICA's trade surplus or deficit with top five countries/territories During the current year until 202105,  commodities with hs2 codes, 71, 27, 26, 87, 84, were SOUTH AFRICA's top five traded commodities. They correspond to the import and export values of 14351.4051 million, 9913.7501 million, 8029.4988 million, 7575.7137 million, 6950.5560 million, which were up 116.75%, up 29.78%, up 81.83%, up 64.55%, up 39.95% comparing with the same period of last year and account for 16.60%, 11.47%, 9.29%, 8.76%, 8.04% of SOUTH AFRICA's total imports and exports.

During the current year until 202105, 71, 26, 87, 27, 84 were SOUTH AFRICA's top five traded commodities, with total import and export values of 13859.9436 million, 7997.1738 million, 5084.8409 million, 4314.2677 million, 2664.3929 million. These values correspond to 27.61%, 15.93%, 10.13%, 8.60%, 5.31% of SOUTH AFRICA's total exports and, respectively, were up 123.27%, up 81.70%, up 89.99%, up 46.06%, up 78.02% comparing to the same period of last year.

During the current year until 202105, 27, 84, 85, 98, 87 were SOUTH AFRICA's top five traded commodities, with total import values of 5599.4823 million, 4286.1632 million, 3384.8201 million, 3381.8843 million, 2490.8727 million. These values correspond to 15.44%, 11.82%, 9.33%, 9.32%, 6.87% of SOUTH AFRICA's total exports and, respectively, were up 19.51%, up 23.53%, up 29.56%, up 38.37%, up 29.23% comparing to the same period of last year.


2. Current year until 202105, SOUTH AFRICA binational trade profile

According to Dalian Infobank, during the current year until 202105, SOUTH AFRICA-China binational exports and imports of goods amounted to 13448.7220 million and were up 53.11% comparing with the same period of last year. Among these, exports from SOUTH AFRICA to China were 6328.5840 million and up 93.92%, imports from China to SOUTH AFRICA were 7120.1380 million and up 28.98%. The total binational trade deficit was 791.5540 million and down 64.93%.

During the urrent year until 202105, commodities with hs2 code, 26, 85, 84, 27, 72, were binational trade's top five traded commodities. They correspond to import and export values of 3722.1749 million, 1749.1403 million, 1558.7144 million, 1008.3874 million, 788.9940 million and makes up 27.68%, 13.01%, 11.59%, 7.50%, 5.87% of the total binational imports and exports. These values were also up 60.45%, up 32.43%, up 40.41%, up 2129.93%, up 90.92% comparing to the same period last year.

During the current year until 202105, 26, 27, 72, 74, 71 were the top five traded commodities exported to China from SOUTH AFRICA, with export values of 3719.1093 million, 956.0773 million, 503.5455 million, 305.5545 million, 245.9038 million. These values account for 58.77%, 15.11%, 7.96%, 4.83%, 3.89% of SOUTH AFRICA's total exports and were up 60.38%, up 15128.25%, up 61.02%, up 166.12%, up 406.20% comparing to the same period of last year.

During the current year until 202105, 85, 84, 72, 87, 29 were SOUTH AFRICA's top five traded commodities importing from China , with import values of 1738.7485 million, 1531.8431 million, 285.4486 million, 270.6227 million, 256.6337 million. These values account for 24.42%, 21.51%, 4.01%, 3.80%, 3.60% of SOUTH AFRICA's total imports and were up 32.73%, up 39.17%, up 183.89%, up 60.28%, up 38.86% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: South African Revenue Service