Overview In July 2021 South Africa's Iron Ore exports accounted up to ZAR17.3B and imports accounted up to ZAR389k, resulting in a positive trade balance of ZAR17.3B. Between July 2020 and July 2021 the exports of South Africa's Iron Ore have increased by ZAR9.46B (120%) from ZAR7.89B to ZAR17.3B, while imports increased by ZAR388k (38.8k%) from ZAR1k to ZAR389k.
Destinations In July 2021, Iron Ore were exported mostly to China (ZAR9.31B), Mozambique (ZAR1.63B), Netherlands (ZAR1.35B), South Korea (ZAR1.33B), and Germany (ZAR896M), and were imported mostly from Zimbabwe (ZAR247k), Namibia (ZAR125k), United States (ZAR6.99k), Turkey (ZAR4.31k), and Uganda (ZAR2.72k).
Growth In July 2021, the increase in Iron Ore's year-by-year exports was explained primarily by an increase in exports to China (ZAR4.91B or 112%), Mozambique (ZAR1.1B or 209%), and Netherlands (ZAR612M or 82.5%). In July 2021, the increase in Iron Ore's year-by-year imports was explained primarily by an increase in imports from .