Overview In May 2023 Durban exported ZAR27.5B and imported ZAR90.4B, resulting in a negative trade balance of ZAR63B. Between May 2022 and May 2023 the exports of Durban have increased by $3.72B (15.6%) from ZAR23.8B to ZAR27.5B, while imports increased by ZAR9.44B (11.7%) from ZAR81B to ZAR90.4B.
Trade In May 2023, the top exports of Durban were Delivery Trucks (ZAR3.25B), Dissolving Grades Chemical Woodpulp (ZAR1.59B), Corn (ZAR1.47B), Ferroalloys (ZAR1.43B), and Refined Petroleum (ZAR1.12B). In May 2023 the top imports of Durban were Refined Petroleum (ZAR16.5B), Cars (ZAR4.87B), Electric Batteries (ZAR4.56B), Commodities not elsewhere specified (ZAR3.79B), and Electrical Transformers (ZAR2.27B).
Destinations In May 2023, Durban exported mostly to China (ZAR3.89B), Belgium (ZAR3.7B), United States (ZAR1.82B), India (ZAR1.82B), and Netherlands (ZAR1.14B), and imported mostly from China (ZAR25.6B), India (ZAR9.5B), Germany (ZAR4.52B), United States (ZAR4.42B), and Saudi Arabia (ZAR4.4B).
Growth In May 2023, the increase in Durban's year-by-year exports was explained primarily by an increase in exports to United States (ZAR821M or 84.3%), Indonesia (ZAR815M or 210%), and China (ZAR627M or 38.7%), and product exports increase in Ferroalloys (ZAR1.05B or 145%), Corn (ZAR884M or 511%), and Delivery Trucks (ZAR841M or 61.3%). In May 2023, the increase in Durban's year-by-year imports was explained primarily by an increase in imports from China (ZAR6.23B or 51.8%), India (ZAR3.23B or 74.1%), and Thailand (ZAR1.73B or 91%), and product imports increase in Commodities not elsewhere specified (ZAR2.29B or 94%), Crude Petroleum (ZAR2B or 50.1%), and Cars (ZAR1.78B or 86.6%).