Cars in South Africa

EXPORTS (2018): $6.8B, World Rnk 24 / 209
Flag Rnk 4 / 1203

TOP DESTINATION (2018): $2.9B, Germany

FASTEST GROWING MARKET (2017 - 2018): $700M, Germany

IMPORTS (2018): $4.16B, World Rnk 33 / 220
Flag Rnk 3 / 1206

TOP ORIGIN (2018): $997M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $137M, Thailand

ECONOMIC COMPLEXITY of South Africa (2018): 0.16, Rnk 59 / 137

PRODUCT COMPLEXITY  IN Cars (2018): 0.78, Rnk 249 / 1018

Overview: This page contains the latest trade data of Cars in South Africa.

Exports: In 2018, South Africa exported $6.8B in Cars, making it the 24th largest exporter of Cars in the world. At the same year, Cars was the 4th most exported product in South Africa. The main destination of Cars exports from South Africa are: Germany ($2.9B), Japan ($597M), United Kingdom ($533M), Belgium-Luxembourg ($465M), and United States ($384M).

The fastest growing export markets for Cars of South Africa between 2017 and 2018 were Germany ($700M), United Kingdom ($253M), and France ($91.7M).

Imports: In 2018, South Africa imported $4.16B in Cars, becoming the 33rd largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in South Africa. South Africa imports Cars primarily from: Germany ($997M), India ($642M), Japan ($586M), United Kingdom ($284M), and South Korea ($255M).

The fastest growing import markets in Cars for South Africa between 2017 and 2018 were Thailand ($137M), China ($64.2M), and Romania ($56.2M).

Tariffs: In 2018, the average tariff for South Africa in Cars was 16.3%. The countries with the highest import tariffs for Cars were Angola (18%), Burundi (18%), Benin (18%), Burkina Faso (18%), and Central African Republic (18%).

Overview: In July 2020 South Africa's Cars exports accounted up to ZAR6.01B and imports accounted up to ZAR2.48B, resulting in a positive trade balance of ZAR3.53B. Between July 2019 and July 2020 the exports of South Africa's   Cars have decreased by ZAR-2.73B (-31.2%) from ZAR8.74B to ZAR6.01B, while imports decreased by ZAR-3.76B (-60.2%) from ZAR6.24B to ZAR2.48B.

Destinations: In July 2020 Cars exported mostly to Germany (ZAR1.41B), Japan (ZAR408M), United States (ZAR289M), Belgium (ZAR219M), and Australia (ZAR149M), and imported mostly from India (ZAR479M), Germany (ZAR478M), Spain (ZAR251M), United Kingdom (ZAR183M), and China (ZAR172M).

Growth: In July 2020, the decrease in Cars's year-by-year exports was explained primarily by a decrease in exports to Germany (ZAR-2.51B or -63.9%), United Kingdom (ZAR-776M or -91.4%), and Belgium (ZAR-485M or -68.9%). In July 2020, the decrease in Cars's year-by-year imports was explained primarily by a decrease in imports from Germany (ZAR-1.02B or -78.4%), India (ZAR-731M or -69.9%), and Romania (ZAR-265M or -58.8%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): ZAR-2.73B, (-31.2%)

IMPORT GROWTH (July 2019 - July 2020): ZAR-3.76B, (-60.2%)

MAIN EXPORTER (July 2020): Port Elizabeth, ZAR2.08B

MAIN DESTINATION (July 2020): Germany, ZAR1.41B

This section shows Cars's exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cars over time.

Value

EXPORTS (2018): $6.8B

IMPORTS (2018): $4.16B

NET TRADE (2018): $2.64B

In 2018, South Africa exported $6.8B in Cars. The main destinations of South Africa exports on Cars were Germany ($2.9B), Japan ($597M), United Kingdom ($533M), Belgium-Luxembourg ($465M), and United States ($384M).

In 2018, South Africa imported $4.16B in Cars, mainly from Germany ($997M), India ($642M), Japan ($586M), United Kingdom ($284M), and South Korea ($255M).

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IN 2018, South Africa HAD A POSITIVE NET TRADE IN Cars WITH:

  • Germany, $1.9B ($2.9B - $997M)
  • Belgium-Luxembourg, $417M ($465M - $48.2M)
  • Australia, $288M ($289M - $1.37M)

IN 2018, South Africa HAD A NEGATIVE NET TRADE IN Cars WITH:

  • India, -$642M ($13.9k - $642M)
  • Thailand, -$222M ($799k - $223M)
  • Romania, -$105M ($5.21k - $105M)
Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR South Africa WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY South Africa WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, South Africa's main exporting competitors in Cars were:

In 2018, South Africa's main importing competitors in Cars were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Cars in South Africa. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for South Africa in Cars was 16.3%.

The countries with the highest tariffs for Cars in South Africa were Angola (18%), Burundi (18%), Benin (18%), Burkina Faso (18%), and Central African Republic (18%).

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