Overview: In May 2021 South Africa exported ZAR1.43B and imported ZAR2.15B from Spain, resulting in a negative trade balance of ZAR715M. Between May 2020 and May 2021 the exports of South Africa have increased by ZAR446M (45.1%) from ZAR988M to ZAR1.43B, while imports decreased by ZAR-98M (-4.36%) from ZAR2.25B to ZAR2.15B.
Trade: In May 2021, the top exports of South Africa to Spain were Delivery Trucks (ZAR315M), Corn (ZAR286M), Cars (ZAR120M), Manganese Ore (ZAR114M), and Non-fillet Frozen Fish (ZAR75.4M). In May 2021 the top imports of South Africa from Spain were Commodities not elsewhere specified (ZAR326M), Cars (ZAR273M), Alkylbenzenes and Alkylnaphthalenes (ZAR119M), Iron Blocks (ZAR91.9M), and Poultry Meat (ZAR67.4M).
Origins: In May 2021 the exports of South Africa were mainly from Durban (ZAR547M), Pretoria (ZAR233M), Port Elizabeth (ZAR213M), Cape Town (ZAR188M), and East London (ZAR121M), while imports destinations were mainly Durban (ZAR919M), Port Elizabeth (ZAR626M), Cape Town (ZAR259M), O.R. Tambo Int Airport (ZAR143M), and East London (ZAR93.3M).
Growth: In May 2021, the increase in South Africa's year-by-year exports to Spain was explained primarily by an increase in product exports in Delivery Trucks (ZAR167M or 112%), Raw Nickel (ZAR49.4M or 3.9k%), and Ferroalloys (ZAR45.3M or 1.35k%). In May 2021, the decrease in South Africa's year-by-year imports from Spain was explained primarily by an decrease in product imports in Electric Generating Sets (ZAR-825M or -94.4%), Laboratory Reagents (ZAR-58.6M or -87.8%), and Packaged Medicaments (ZAR-54.9M or -49.9%).