Motor vehicles; parts and accessories (8701 to 8705) in South Africa | OEC

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Exports In 2021, South Africa exported $731M in Motor vehicles; parts and accessories (8701 to 8705), making it the 38th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 24th most exported product in South Africa. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from South Africa are: Germany ($157M), Botswana ($69.1M), Namibia ($65.4M), United States ($55.4M), and Argentina ($38.9M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of South Africa between 2020 and 2021 were Germany ($35.8M), United States ($24.3M), and Namibia ($19.6M).

Imports In 2021, South Africa imported $3.44B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 26th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 3rd most imported product in South Africa. South Africa imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Germany ($994M), Thailand ($559M), China ($428M), United States ($305M), and Japan ($281M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for South Africa between 2020 and 2021 were Germany ($251M), Thailand ($207M), and China ($158M).

Tariffs In 2018, the average tariff for South Africa in Motor vehicles; parts and accessories (8701 to 8705) was 11%. The countries with the highest import tariffs for Motor vehicles; parts and accessories (8701 to 8705) were Angola (Most Favoured Nation duty rate treatment, 11.9%), Burundi (Most Favoured Nation duty rate treatment, 11.9%), Benin (Most Favoured Nation duty rate treatment, 11.9%), Burkina Faso (Most Favoured Nation duty rate treatment, 11.9%), and Central African Republic (Most Favoured Nation duty rate treatment, 11.9%).

Latest Trends

February 2023

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Overview In February 2023 South Africa's Motor vehicles; parts and accessories (8701 to 8705) exports accounted up to ZAR669M and imports accounted up to ZAR2.29B, resulting in a negative trade balance of ZAR1.62B. Between February 2022 and February 2023 the exports of South Africa's Motor vehicles; parts and accessories (8701 to 8705) have increased by ZAR92.8M (16.1%) from ZAR576M to ZAR669M, while imports increased by ZAR225M (10.9%) from ZAR2.06B to ZAR2.29B.

Destinations In February 2023, Motor vehicles; parts and accessories (8701 to 8705) were exported mostly to Germany (ZAR167M), United States (ZAR61M), Mozambique (ZAR57.9M), Belgium (ZAR44.2M), and Namibia (ZAR43.9M), and were imported mostly from Germany (ZAR482M), China (ZAR383M), United States (ZAR265M), Thailand (ZAR199M), and India (ZAR121M).

Growth In February 2023, the increase in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year exports was explained primarily by an increase in exports to United Kingdom (ZAR12.7M or 222%), Zambia (ZAR8.59M or 50.9%), and China (ZAR7.36M or 452%). In February 2023, the increase in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year imports was explained primarily by an increase in imports from China (ZAR166M or 56.8%), United States (ZAR40.8M or 20.8%), and India (ZAR39.6M or 72%).

Subnational Monthly Trade

Time Scale

Flow

Color

EXPORT GROWTH (February 2022 - February 2023): ZAR92.8M, (16.1%)

IMPORT GROWTH (February 2022 - February 2023): ZAR225M, (10.9%)

MAIN EXPORTER (February 2023): Port Elizabeth, ZAR148M

MAIN DESTINATION (February 2023): Germany, ZAR167M

This section shows Motor vehicles; parts and accessories (8701 to 8705)'s exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Motor vehicles; parts and accessories (8701 to 8705) over time.

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Historical Data

Trade Balance

Color

Year

EXPORTS (2021): $731M

IMPORTS (2021): $3.44B

NET TRADE (2021): -$2.71B

In 2021, South Africa exported $731M in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of South Africa exports on Motor vehicles; parts and accessories (8701 to 8705) were Germany ($157M), Botswana ($69.1M), Namibia ($65.4M), United States ($55.4M), and Argentina ($38.9M).

In 2021, South Africa imported $3.44B in Motor vehicles; parts and accessories (8701 to 8705), mainly from Germany ($994M), Thailand ($559M), China ($428M), United States ($305M), and Japan ($281M).

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Market Growth

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StartingEnding

THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR South Africa WERE (2020 - 2021):

Germany, $35.8M (29.6%)
United States, $24.3M (78.1%)
Namibia, $19.6M (42.8%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY South Africa WERE (2020 - 2021):

Singapore, -$10.6M (-86.2%)
Russia, -$8.95M (-90%)
Finland, -$8.74M (-96.4%)

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Market Concentration

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Type

In 2021, South Africa's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

Germany , $64.5B
China , $43.5B
United States , $34.1B

In 2021, South Africa's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

United States , $77.7B
Germany , $41.1B
Mexico , $25.9B

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Subnational Monthly Trade

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