Overview: In August 2020 South Africa's Vehicle Parts exports accounted up to ZAR706M and imports accounted up to ZAR1.25B, resulting in a negative trade balance of ZAR542M. Between August 2019 and August 2020 the exports of South Africa's Vehicle Parts have decreased by ZAR-36.3M (-4.89%) from ZAR742M to ZAR706M, while imports decreased by ZAR-954M (-43.3%) from ZAR2.2B to ZAR1.25B.
Destinations: In August 2020 Vehicle Parts exported mostly to Germany (ZAR231M), Botswana (ZAR47.5M), Thailand (ZAR40.8M), Namibia (ZAR40.5M), and United States (ZAR37.6M), and imported mostly from China (ZAR217M), Germany (ZAR212M), United States (ZAR179M), Thailand (ZAR74.6M), and Japan (ZAR68.8M).
Growth: In August 2020, the decrease in Vehicle Parts's year-by-year exports was explained primarily by a decrease in exports to Namibia (ZAR-14.4M or -26.2%), Germany (ZAR-10.3M or -4.25%), and Spain (ZAR-9.84M or -83.2%). In August 2020, the decrease in Vehicle Parts's year-by-year imports was explained primarily by a decrease in imports from Germany (ZAR-383M or -64.4%), United States (ZAR-123M or -40.8%), and Thailand (ZAR-86.2M or -53.6%).