Overview: In May 2021 United States exported $550M and imported $1.65B from South Africa, resulting in a negative trade balance of $1.1B. Between May 2020 and May 2021 the exports of United States have increased by $269M (95.6%) from $281M to $550M, while imports increased by $473M (40.2%) from $1.18B to $1.65B.
Trade: In May 2021, the top exports of United States to South Africa were Crude Petroleum ($52.5M), Vehicle Parts ($45.2M), Platinum ($33.7M), Petroleum Gas ($23.1M), and Commodities not elsewhere specified ($22.4M). In May 2021 the top imports of United States from South Africa were Platinum ($879M), Cars ($160M), Diamonds ($149M), Reaction and Catalytic Products ($84.7M), and Jewellery ($46M).
Origins: In May 2021 the exports of United States were mainly from Texas ($106M), Illinois ($56.9M), South Carolina ($50M), Oklahoma ($34.1M), and Kentucky ($27.6M), while imports destinations were mainly New Jersey ($453M), New York ($329M), Michigan ($206M), Maryland ($124M), and Pennsylvania ($113M).
Growth: In May 2021, the increase in United States's year-by-year exports to South Africa was explained primarily by an increase in product exports in Vehicle Parts ($34.8M or 337%), Platinum ($21.2M or 171%), and Petroleum Gas ($18.4M or 392%). In May 2021, the increase in United States's year-by-year imports from South Africa was explained primarily by an increase in product imports in Platinum ($710M or 421%), Diamonds ($139M or 1.38k%), and Cars ($89.2M or 127%).