Overview In May 2023, South Africa exported ZAR15.6B and imported ZAR15.3B from Germany, resulting in a positive trade balance of ZAR280M. Between May 2022 and May 2023 the exports of South Africa have decreased by ZAR-159M (-1.01%) from ZAR15.8B to ZAR15.6B, while imports increased by ZAR2.64B (20.8%) from ZAR12.7B to ZAR15.3B.
Trade In May 2023, the top exports of South Africa to Germany were Platinum (ZAR2.12B), Cars (ZAR2B), Precious Metal Ore (ZAR1.65B), Coin (ZAR1.47B), and Centrifuges (ZAR833M). In May 2023 the top imports of South Africa from Germany were Commodities not elsewhere specified (ZAR1.69B), Cars (ZAR945M), Vaccines, blood, antisera, toxins and cultures (ZAR750M), Motor vehicles; parts and accessories (8701... (ZAR345M), and Packaged Medicaments (ZAR245M).
Origins In May 2023 the exports of South Africa were mainly from Port Elizabeth (ZAR4.74B), O.R. Tambo Int Airport (ZAR3.84B), Pretoria (ZAR2.43B), East London (ZAR2.03B), and Cape Town (ZAR655M), while imports destinations were mainly Durban (ZAR4.52B), East London (ZAR3.46B), Port Elizabeth (ZAR2.76B), O.R. Tambo Int Airport (ZAR2.06B), and Pretoria (ZAR1.52B).
Growth In May 2023, the decrease in South Africa's year-by-year exports to Germany was explained primarily by an decrease in product exports in Iron Ore (ZAR-871M or -77.2%), Delivery Trucks (ZAR-151M or -23.4%), and Reaction and Catalytic Products (ZAR-34.9M or -15.8%). In May 2023, the increase in South Africa's year-by-year imports from Germany was explained primarily by an increase in product imports in Vaccines, blood, antisera, toxins and cultures (ZAR700M or 1.41k%), Cars (ZAR415M or 78.2%), and Washing and Bottling Machines (ZAR154M or 943%).