Overview In May 2023 South Africa's Petroleum Gas exports accounted up to ZAR230M and imports accounted up to ZAR1.44B, resulting in a negative trade balance of ZAR1.21B. Between May 2022 and May 2023 the exports of South Africa's Petroleum Gas have increased by ZAR67.8M (41.7%) from ZAR163M to ZAR230M, while imports increased by ZAR408M (39.5%) from ZAR1.03B to ZAR1.44B.
Destinations In May 2023, Petroleum Gas were exported mostly to Zimbabwe (ZAR137M), Botswana (ZAR34.3M), Lesotho (ZAR23.8M), Namibia (ZAR21.5M), and Eswatini (ZAR8.65M), and were imported mostly from Mozambique (ZAR617M), United States (ZAR502M), Japan (ZAR208M), Algeria (ZAR83.4M), and Nigeria (ZAR23M).
Growth In May 2023, the increase in Petroleum Gas's year-by-year exports was explained primarily by an increase in exports to Botswana (ZAR14.4M or 89.5%), Lesotho (ZAR4.81M or 27.9%), and Namibia (ZAR3.12M or 21.9%). In May 2023, the increase in Petroleum Gas's year-by-year imports was explained primarily by an increase in imports from Mozambique (ZAR156M or 56.9%), France (ZAR173k or 210%), and Germany (ZAR38k or 229%).