China is the top export destination for South African products ($18.1 billion), followed by the United Kingdom ($8.8 billion), the United States ($7.9 billion), Germany ($7.2 billion), and India ($7.1 billion).
What is South Africa’s biggest export?
Searchable List of South Africa’s Most Valuable Export Products
| 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% |
What countries does South Africa export to?
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.
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Main Partner Countries.
| Main Customers (% of Exports) | 2019 |
|---|---|
| Japan | 4.8% |
| India | 4.5% |
| Botswana | 4.4% |
| Mozambique | 4.1% |
What are the 5 major exports of South Africa?
Chief exports include corn, diamonds, fruits, gold, metals and minerals, sugar, and wool. Machinery and transportation equipment make up more than one-third of the value of the country’s imports.
Who exports platinum?
Exports: In 2019 the top exporters of Platinum were South Africa ($9.62B), Russia ($6.53B), United Kingdom ($5.13B), Germany ($4.03B), and United States ($3.95B). Imports: In 2019 the top importers of Platinum were United Kingdom ($6.83B), United States ($6.69B), Germany ($6.01B), Japan ($4.22B), and China ($2.78B).
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 is Africa’s biggest export?
Mineral fuels, including oil, hold the largest share of exports with $5.1bn making up 19.5% of total exports. The second biggest sector is gems and precious metals at $2.1bn, accounting for 8.2% of all exports.
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).
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.
What 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: $1.9 billion.
1.02.2021
What are South Africa three most valuable exports?
Searchable List of South Africa’s Most Valuable Export Products
| RANK | SOUTH AFRICAN EXPORT PRODUCT | 2019 VALUE (US$) |
|---|---|---|
| 1 | Platinum (unwrought) | $8,245,494,000 |
| 2 | Cars | $6,681,545,000 |
| 3 | Iron ores, concentrates | $5,743,361,000 |
| 4 | Coal, solid fuels made from coal | $4,838,972,000 |
What food does South Africa export?
Citrus, wine, table grapes, corn and wool accounted for the largest exports by value. South Africa also exports nuts, sugar, mohair, apples and pears to name just a few products. South Africa imported $7.6 billion in agricultural and food products in FY 2019, which is a decrease of 3 percent from FY 2018.
What is South Africa’s main source of income?
South Africa: Economy
| Economic Trivia | South Africa has the largest economy in Africa. |
|---|---|
| Top Industries | Mining (Platinum, Gold, Chromium); Automobile Assembly; Metalworking; Machinery |
Which country exports the most platinum?
Searchable List of Platinum Exporting Countries in 2019
| Rank | Exporter | Platinum Exports (US$) |
|---|---|---|
| 1. | South Africa | $8,284,307,000 |
| 2. | United Kingdom | $6,853,278,000 |
| 3. | Russia | $5,121,876,000 |
| 4. | United States | $4,725,700,000 |
Which country has the most platinum?
List of countries by platinum production
| Rank | Country/Region | Platinum production (kilograms) |
|---|---|---|
| World | 180,000 | |
| 1 | South Africa | 130,000 |
| 2 | Russia | 22,000 |
| 3 | Zimbabwe | 15,000 |
What is platinum used for?
Platinum is used in jewelry, decoration and dental work. The metal and its alloys are also used for electrical contacts, fine resistance wires and medical / laboratory instruments. An alloy of platinum and cobalt is used to produce strong permanent magnets.