Overview: In July 2020 South Africa's Refined Petroleum exports accounted up to ZAR1.78B and imports accounted up to ZAR6.44B, resulting in a negative trade balance of ZAR4.66B. Between July 2019 and July 2020 the exports of South Africa's Refined Petroleum have decreased by ZAR-1.93B (-52%) from ZAR3.71B to ZAR1.78B, while imports decreased by ZAR-424M (-6.17%) from ZAR6.87B to ZAR6.44B.
Destinations: In July 2020 Refined Petroleum exported mostly to Botswana (ZAR679M), Provision of Ships and Aircraft (ZAR252M), Lesotho (ZAR167M), Eswatini (ZAR109M), and Namibia (ZAR95.5M), and imported mostly from United Arab Emirates (ZAR1.74B), India (ZAR1.12B), Oman (ZAR980M), Netherlands (ZAR690M), and Saudi Arabia (ZAR630M).
Growth: In July 2020, the decrease in Refined Petroleum's year-by-year exports was explained primarily by a decrease in exports to Botswana (ZAR-540M or -63.8%), Namibia (ZAR-414M or -85.2%), and Zimbabwe (ZAR-369M or -83%). In July 2020, the decrease in Refined Petroleum's year-by-year imports was explained primarily by a decrease in imports from United Arab Emirates (ZAR-1.88B or -94.4%), Italy (ZAR-791M or -99.1%), and India (ZAR-616M or -52.9%).