Close

Monitor Report of SOUTH AFRICA trade and SOUTH AFRICA-China binational trade in 202106

 1.  Overview the trade of SOUTH AFRICA in goods current year until 202106

According to Dalian Infobank, in 202106SOUTH AFRICA's exports and imports of goods amounted to 19805.1505 million, and were up 82.75% comparing with the same period of last year. Among these, exports were up 77.10% at 11976.8850 million, and imports were up 92.12% at 7828.2654 million. And the corresponding trade surplus was 4148.6196 million and up 54.34%.

During the current year until 202106, SOUTH AFRICA's total exports and imports of goods were 105941.4122 million and were up 53.60% comparing to the same period of last year. Among these, exports were 61843.1750 million and up 70.47%; imports were 44098.2372 million and up 34.88%. The total trade surplus was 17744.9378 million and up 395.12%.

If considering by country (region), CHINA, UNITED STATES, GERMANY, UNITED KINGDOM, JAPAN were SOUTH AFRICA's top five trading partners. During the current year until 202106, SOUTH AFRICA's imports and exports to five countries/territories were 16239.5584 million, 9661.4574 million, 9477.2922 million, 5405.1264 million, 5229.5421 million. These values correspond to 15.33%, 9.12%, 8.95%, 5.10%, 4.94% of SOUTH AFRICA's imports and exports, and, respectively, were up 51.52%, up 101.95%, up 64.22%, up 101.33%, up 108.86% comparing to the same period of last year.

Current year until 202106, SOUTH AFRICA and the top five trade partners CHINA, UNITED STATES, GERMANY, UNITED KINGDOM, JAPAN are the top five countries/territories that SOUTH AFRICA exports to in terms of the total export amount. During the current year until 202106, SOUTH AFRICA's exports to these five countries/territories were 7567.0821 million, 6756.5671 million, 5652.6015 million, 4406.9888 million, 3960.8105 million. These values correspond to 12.24%, 10.93%, 9.14%, 7.13%, 6.40% of SOUTH AFRICA's exports and, respectively, were up 79.07%, up 158.01%, up 114.16%, up 141.13%, up 159.71% comparing with the same period of last year.

Current year until 202106, 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 202106, SOUTH AFRICA's imports from these five countries/territories were 8672.4763 million, 3824.6907 million, 2904.8903 million, 2418.7390 million, 1833.3014 million. These values correspond to 19.67%, 8.67%, 6.59%, 5.48%, 4.16% of SOUTH AFRICA's total imports and, respectively, were up 33.58%, up 22.13%, up 34.16%, up 49.17%, up 42.25% comparing with the same period of last year.

During the current year until 202106, the trade surplus of SOUTH AFRICA was mainly from UNITED STATES, OTHER COUNTRIES, UNITED KINGDOM, JAPAN, GERMANY at 3851.6767 million, 3462.1856 million, 3408.8512 million, 2692.0790 million, 1827.9108 million, and up 749.40%, up 26.59%, up 251.21%, up 392.70%, down 471.34%. And the trade deficits were mainly from SAUDI ARABIA, THAILAND, CHINA, OMAN, ITALY at 1652.2666 million, 1228.3596 million, 1105.3942 million, 954.8146 million, 635.1549 million, and up 45.60%, up 54.38%, down 51.24%, up 236.58%, up 23.35%.

Current year until 202106, SOUTH AFRICA's trade surplus or deficit with top five countries/territories During the current year until 202106,  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 17901.3755 million, 11787.0891 million, 9998.7144 million, 9059.4446 million, 8518.7148 million, which were up 116.88%, up 37.06%, up 82.89%, up 72.72%, up 42.59% comparing with the same period of last year and account for 16.90%, 11.13%, 9.44%, 8.55%, 8.04% of SOUTH AFRICA's total imports and exports.

During the current year until 202106, 71, 26, 87, 27, 84 were SOUTH AFRICA's top five traded commodities, with total import and export values of 17254.0386 million, 9962.6663 million, 6049.0264 million, 4965.8093 million, 3280.2654 million. These values correspond to 27.90%, 16.11%, 9.78%, 8.03%, 5.30% of SOUTH AFRICA's total exports and, respectively, were up 122.17%, up 82.80%, up 90.95%, up 44.19%, up 74.39% comparing to the same period of last year.

During the current year until 202106, 27, 84, 85, 98, 87 were SOUTH AFRICA's top five traded commodities, with total import values of 6821.2798 million, 5238.4494 million, 4028.4277 million, 3948.6579 million, 3010.4183 million. These values correspond to 15.47%, 11.88%, 9.14%, 8.95%, 6.83% of SOUTH AFRICA's total exports and, respectively, were up 32.30%, up 27.98%, up 27.70%, up 54.73%, up 44.93% comparing to the same period of last year.


2. Current year until 202106, SOUTH AFRICA binational trade profile

According to Dalian Infobank, during the current year until 202106, SOUTH AFRICA-China binational exports and imports of goods amounted to 16239.5584 million and were up 51.52% comparing with the same period of last year. Among these, exports from SOUTH AFRICA to China were 7567.0821 million and up 79.07%, imports from China to SOUTH AFRICA were 8672.4763 million and up 33.58%. The total binational trade deficit was 1105.3942 million and down 51.24%.

During the urrent year until 202106, 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 4564.7162 million, 2085.3615 million, 1919.3281 million, 1107.0677 million, 928.6625 million and makes up 28.11%, 12.84%, 11.82%, 6.82%, 5.72% of the total binational imports and exports. These values were also up 53.82%, up 29.06%, up 44.67%, up 2022.69%, up 64.44% comparing to the same period last year.

During the current year until 202106, 26, 27, 72, 74, 71 were the top five traded commodities exported to China from SOUTH AFRICA, with export values of 4561.4985 million, 1005.0520 million, 564.5181 million, 375.6427 million, 289.5488 million. These values account for 60.28%, 13.28%, 7.46%, 4.96%, 3.83% of SOUTH AFRICA's total exports and were up 53.77%, up 10879.40%, up 26.10%, up 162.27%, up 435.50% comparing to the same period of last year.

During the current year until 202106, 85, 84, 72, 29, 87 were SOUTH AFRICA's top five traded commodities importing from China , with import values of 2074.4180 million, 1890.7780 million, 364.1445 million, 322.9521 million, 320.0256 million. These values account for 23.92%, 21.80%, 4.20%, 3.72%, 3.69% of SOUTH AFRICA's total imports and were up 29.28%, up 43.78%, up 211.05%, up 38.74%, up 69.26% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: South African Revenue Service