Overview: In July 2020 South Africa's Vehicle Parts exports accounted up to ZAR691M and imports accounted up to ZAR956M, resulting in a negative trade balance of ZAR265M. Between July 2019 and July 2020 the exports of South Africa's Vehicle Parts have decreased by ZAR-4M (-0.58%) from ZAR695M to ZAR691M, while imports decreased by ZAR-1.3B (-57.7%) from ZAR2.26B to ZAR956M.
Destinations: In July 2020 Vehicle Parts exported mostly to Germany (ZAR183M), Botswana (ZAR54.3M), Namibia (ZAR53.7M), United States (ZAR44.1M), and Belgium (ZAR41.6M), and imported mostly from China (ZAR188M), Germany (ZAR160M), United States (ZAR151M), Japan (ZAR68.2M), and India (ZAR39.6M).
Growth: In July 2020, the decrease in Vehicle Parts's year-by-year exports was explained primarily by a decrease in exports to China (ZAR-263M or -99.6%), Germany (ZAR-112M or -42.3%), and Belgium (ZAR-45.5M or -70.1%). In July 2020, the decrease in Vehicle Parts's year-by-year imports was explained primarily by a decrease in imports from Germany (ZAR-231M or -50.7%), United States (ZAR-166M or -55.7%), and China (ZAR-129M or -43.6%).