Overview: In January 2021 East London exported ZAR366M and imported ZAR2.64B, resulting in a negative trade balance of ZAR2.27B. Between January 2020 and January 2021 the exports of East London have decreased by $-259M (-41.5%) from ZAR625M to ZAR366M, while imports decreased by ZAR-1.13B (-30.1%) from ZAR3.77B to ZAR2.64B.
Trade: In January 2021, the top exports of East London were Cars (ZAR319M), Bovine (ZAR17.7M), Fruit Juice (ZAR14.6M), Packaged Medicaments (ZAR6.88M), and Scrap Aluminium (ZAR2.54M). In January 2021 the top imports of East London were Commodities not elsewhere specified (ZAR1.33B), Cars (ZAR379M), Vehicle Parts (ZAR361M), Refined Petroleum (ZAR142M), and Revolution Counters (ZAR70M).
Destinations: In January 2021, East London exported mostly to Australia (ZAR57.6M), China (ZAR54.2M), United Arab Emirates (ZAR39.5M), Mauritius (ZAR33.9M), and South Korea (ZAR32.9M), and imported mostly from Germany (ZAR1.93B), Oman (ZAR141M), United States (ZAR123M), Spain (ZAR83.8M), and Romania (ZAR69.1M).
Growth: In January 2021, the decrease in East London's year-by-year exports was explained primarily by an decrease in exports to Japan (ZAR-236M or -99.5%), South Korea (ZAR-143M or -81.3%), and Germany (ZAR-81.2M or -96.9%), and product exports decrease in Cars (ZAR-182M or -36.3%), Scrap Aluminium (ZAR-1.55M or -38%), and Soap (ZAR-91.4k or -28.4%). In January 2021, the decrease in East London's year-by-year imports was explained primarily by an decrease in imports from Germany (ZAR-991M or -33.9%), France (ZAR-36.6M or -48.9%), and China (ZAR-24.9M or -47.2%), and product imports decrease in Commodities not elsewhere specified (ZAR-822M or -38.2%), Vehicle Parts (ZAR-193M or -34.8%), and Rubberworking Machinery (ZAR-18.4M or -98.6%).