Overview In March 2023, South Africa exported ZAR6.7B and imported ZAR12.8B from India, resulting in a negative trade balance of ZAR6.06B. Between March 2022 and March 2023 the exports of South Africa have decreased by ZAR-1.43B (-17.6%) from ZAR8.14B to ZAR6.7B, while imports increased by ZAR3.19B (33.4%) from ZAR9.57B to ZAR12.8B.
Trade In March 2023, the top exports of South Africa to India were Coal Briquettes (ZAR4.36B), Dissolving Grades Chemical Woodpulp (ZAR600M), Manganese Ore (ZAR550M), Phosphoric Acid (ZAR101M), and Scrap Iron (ZAR86.3M). In March 2023 the top imports of South Africa from India were Refined Petroleum (ZAR3.02B), Cars (ZAR1.7B), Packaged Medicaments (ZAR756M), Delivery Trucks (ZAR186M), and Telephones (ZAR163M).
Origins In March 2023 the exports of South Africa were mainly from Richards Bay (ZAR3.97B), Durban (ZAR1.57B), Saldanha Bay (ZAR502M), Port Elizabeth (ZAR227M), and Cape Town (ZAR140M), while imports destinations were mainly Durban (ZAR9.23B), O.R. Tambo Int Airport (ZAR981M), Mosselbay (ZAR688M), Cape Town (ZAR616M), and Richards Bay (ZAR376M).
Growth In March 2023, the decrease in South Africa's year-by-year exports to India was explained primarily by an decrease in product exports in Iron Ore (ZAR-126M or -99.4%), Feldspar (ZAR-58.4M or -81.1%), and Float Glass (ZAR-19.8M or -99.4%). In March 2023, the increase in South Africa's year-by-year imports from India was explained primarily by an increase in product imports in Refined Petroleum (ZAR1.57B or 108%), Cars (ZAR1.08B or 176%), and Other Office Machines (ZAR82.1M or 602%).