Overview: In July 2020 South Africa's Crude Petroleum exports accounted up to ZAR521k and imports accounted up to ZAR3.31B, resulting in a negative trade balance of ZAR3.31B. Between July 2019 and July 2020 the exports of South Africa's Crude Petroleum have increased by ZAR408k (364%) from ZAR112k to ZAR521k, while imports decreased by ZAR-5.98B (-64.4%) from ZAR9.29B to ZAR3.31B.
Destinations: In July 2020 Crude Petroleum exported mostly to Lesotho (ZAR473k), Eswatini (ZAR38.5k), Zimbabwe (ZAR6.43k), United Kingdom (ZAR1.71k), and United Arab Emirates (ZAR1.05k), and imported mostly from Nigeria (ZAR3.18B), Marshall Islands (ZAR126M), Unclassified (ZAR280), France (ZAR194), and Botswana (ZAR163).
Growth: In July 2020, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to . In July 2020, the decrease in Crude Petroleum's year-by-year imports was explained primarily by a decrease in imports from Nigeria (ZAR-2.92B or -59.3%) and Saudi Arabia (ZAR-1.42B or -40.4%).