Quick Answer: What countries does South Africa trade with?

South Africa’s top trading partners are China, Germany, the United States, the UK, India and Japan. South Africa is the EU’s largest trading partner in Africa.

Who are South Africa’s major trading partners?

South Africa’s main trade partners are the European Union, China, US, Japan and India.

What countries does South Africa export to?

Principal international trading partners of South Africa—besides other African countries—include Germany, the United States, China, Japan, the United Kingdom and Spain. Chief exports include corn, diamonds, fruits, gold, metals and minerals, sugar, and wool.

What does South Africa trade with us?

U.S. total imports of agricultural products from South Africa totaled $389 million in 2019. Leading categories include: tree nuts ($127 million), other fresh fruit ($60 million), wine and beer ($46 million), processed fruit & vegetables ($34 million), and essential oils ($16 million).

What are South Africa’s biggest exports?

Searchable List of South Africa’s Most Valuable Export Products

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Rank South African Export Product Change
1 Platinum (unwrought) +29.7%
2 Gold (unwrought) +46.6%
3 Iron ores, concentrates +7.1%
4 Cars -30.6%

Which country does South Africa trade the most with?

South Africa’s top trading partners are China, Germany, the United States, the UK, India and Japan. South Africa is the EU’s largest trading partner in Africa.

Main Partner Countries.

Main Customers (% of Exports) 2019
China 10.7%
Germany 8.0%
United States 7.0%
United Kingdom 5.2%

Which two country does South Africa trade with the most?

South Africa incurred the highest trade surpluses with the following countries:

  • Botswana: US$2.9 billion (country-specific trade surplus in 2020)
  • United States: $2.7 billion.
  • United Kingdom: $2.5 billion.
  • Mozambique: $2.4 billion.
  • Netherlands: $2.4 billion.
  • Zimbabwe: $2.1 billion.
  • Namibia: $1.9 billion.
  • Japan: $1.9 billion.

1.02.2021

What is South Africa’s biggest import?

South Africa main imports are: machinery (23.5 percent of total imports), mineral products (15.1 percent), vehicles and aircraft vessels (10 percent), chemicals (10.9 percent), equipment components (8.1 percent) and iron and steel products (5.3 percent).

What is the main export of Africa?

For the 20 products in Africa with the highest export values, preferential margins exceed 4.5% for 11 products, including five of the six top export products, namely, petroleum gases; gold; petroleum oils, refined; diamonds; and cars.

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.

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What is the best business in South Africa?

What are the best business opportunities in South Africa?

  • Laundry Services.
  • Hairdressing services.
  • Off-Grid Solar.
  • Healthcare Access.
  • Human Capital.
  • Delivery Services.
  • Freelance.
  • Farming.

10.09.2019

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.

Is South Africa a free trade country?

South Africa has gazetted African free-trade deal regulations, including a list of thousands of products that can be imported and exported duty-free in future years. This could bring new competitors from other African countries to the local market, and also create opportunities to expand in other markets.

Which is the richest country in South Africa?

TOP 10 RICHEST AFRICAN COUNTRIES IN 2020 RANKED BY GDP & PRIMARY EXPORTS

  • 1 | NIGERIA – THE RICHEST COUNTRY IN AFRICA (GDP: $446.543 Billion) …
  • 2 | SOUTH AFRICA (GDP: $358.839 Billion) …
  • 3 | EGYPT (GDP: $302.256 Billion) …
  • 4 | ALGERIA (GDP: $172.781 Billion) …
  • 5 | MOROCCO (GDP: $119,04 Billion) …
  • 6 | KENYA (GDP: $99,246 Billion)

What can South Africa export?

Searchable List of South Africa’s Most Valuable Export Products

RANK SOUTH AFRICAN EXPORT PRODUCT CHANGE
1 Platinum (unwrought) +6%
2 Cars +9.4%
3 Iron ores, concentrates +35.9%
4 Coal, solid fuels made from coal -22.4%

What does China export to South Africa?

The kind of electronics that China exports to South Africa include refrigerators, television sets, radios, computers, phones and many more. Most of them are fragile and require special packages as they are on transit to South Africa.

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Hai Afrika!