Overview: In May 2020 South Africa exported ZAR103B and imported ZAR85.9B, resulting in a positive trade balance of ZAR16.6B. Between May 2019 and May 2020 the exports of South Africa have decreased by ZAR-4.99B (-4.64%) from ZAR108B to ZAR103B, while imports decreased by ZAR-24.3B (-22.1%) from ZAR110B to ZAR85.9B.
Trade: In May 2020 the top exports of South Africa were Platinum (ZAR12.5B), Coal Briquettes (ZAR9.25B), Gold (ZAR8.72B), Iron Ore (ZAR6.59B), and Refined Petroleum (ZAR4.57B). In May 2020 the top imports of South Africa were Crude Petroleum (ZAR6.73B), Commodities not elsewhere specified (ZAR5.1B), Other Cloth Articles (ZAR3.81B), Telephones (ZAR3.36B), and Computers (ZAR3.03B).
Origins: In May 2020 the exports of South Africa were mainly from O.R. Tambo Int Airport (ZAR18.6B), Richards Bay (ZAR16.4B), Durban (ZAR15.4B), Sa Reserwebank (ZAR8.72B), and Saldanha Bay (ZAR7.43B), while imports destinations were mainly Durban (ZAR39.4B), O.R. Tambo Int Airport (ZAR19.5B), Cape Town (ZAR9.67B), Port Elizabeth (ZAR5.52B), and Johannesburg (ZAR4.13B).
Destinations: In May 2020 South Africa exported mostly to China (ZAR12.4B), Special Categories (ZAR9.15B), United States (ZAR6.35B), Netherlands (ZAR5.2B), and United Kingdom (ZAR4.54B), and imported mostly from China (ZAR22.8B), Germany (ZAR7.14B), United States (ZAR5.58B), India (ZAR3.35B), and Japan (ZAR3.23B).
Growth: In May 2020, the decrease in South Africa's year-by-year exports was explained primarily by a decrease in exports to India (ZAR-3.48B or -60.9%), Germany (ZAR-3.35B or -44%), and United Kingdom (ZAR-2.3B or -33.6%), and product exports decrease in Cars (ZAR-4.3B or -60.9%), Delivery Trucks (ZAR-2.14B or -54.7%), and Diamonds (ZAR-1.39B or -63%). In May 2020, the decrease in South Africa's year-by-year imports was explained primarily by a decrease in imports from Nigeria (ZAR-3.01B or -59.7%), Germany (ZAR-2.88B or -28.7%), and United States (ZAR-2.49B or -30.8%), and product imports decrease in Crude Petroleum (ZAR-4.94B or -42.3%), Refined Petroleum (ZAR-4.18B or -67.5%), and Commodities not elsewhere specified (ZAR-4.15B or -44.9%).