Overview: In May 2021 Durban exported ZAR18.4B and imported ZAR55.9B, resulting in a negative trade balance of ZAR37.5B. Between May 2020 and May 2021 the exports of Durban have increased by $3.07B (20%) from ZAR15.4B to ZAR18.4B, while imports increased by ZAR16.6B (42%) from ZAR39.4B to ZAR55.9B.
Trade: In May 2021, the top exports of Durban were Delivery Trucks (ZAR2.17B), Corn (ZAR1.55B), Sulfates (ZAR896M), Ferroalloys (ZAR876M), and Dissolving Grades Chemical Woodpulp (ZAR776M). In May 2021 the top imports of Durban were Refined Petroleum (ZAR7.72B), Crude Petroleum (ZAR4.91B), Cars (ZAR3.73B), Commodities not elsewhere specified (ZAR3.16B), and Packaged Medicaments (ZAR908M).
Destinations: In May 2021, Durban exported mostly to China (ZAR1.96B), Belgium (ZAR1.88B), United States (ZAR1.29B), Netherlands (ZAR1.14B), and United Kingdom (ZAR980M), and imported mostly from China (ZAR13.4B), Saudi Arabia (ZAR5.94B), India (ZAR3.96B), Germany (ZAR2.83B), and Oman (ZAR2.79B).
Growth: In May 2021, the increase in Durban's year-by-year exports was explained primarily by an increase in exports to Belgium (ZAR414M or 28.1%), South Korea (ZAR397M or 362%), and United Kingdom (ZAR341M or 53.2%), and product exports increase in Corn (ZAR1.41B or 980%), Delivery Trucks (ZAR1.09B or 102%), and Raw Nickel (ZAR595M or 1.08k%). In May 2021, the increase in Durban's year-by-year imports was explained primarily by an increase in imports from Saudi Arabia (ZAR3.46B or 140%), Oman (ZAR2.48B or 808%), and China (ZAR2.3B or 20.8%), and product imports increase in Refined Petroleum (ZAR6.5B or 528%), Cars (ZAR2.28B or 157%), and Crude Petroleum (ZAR1.77B or 56.4%).