Overview: In January 2021 Johannesburg exported ZAR6.2B and imported ZAR4.1B, resulting in a positive trade balance of ZAR2.11B. Between January 2020 and January 2021 the exports of Johannesburg have increased by $3.94B (174%) from ZAR2.26B to ZAR6.2B, while imports decreased by ZAR-1.02B (-20%) from ZAR5.12B to ZAR4.1B.
Trade: In January 2021, the top exports of Johannesburg were Electricity (ZAR1.78B), Raw Copper (ZAR814M), Refined Copper (ZAR646M), Raw Nickel (ZAR544M), and Armored vehicles (ZAR388M). In January 2021 the top imports of Johannesburg were Electricity (ZAR304M), Petroleum Gas (ZAR274M), Hard Liquor (ZAR176M), Vehicle Parts (ZAR153M), and Telephones (ZAR139M).
Destinations: In January 2021, Johannesburg exported mostly to China (ZAR1.79B), Mozambique (ZAR720M), United States (ZAR497M), Thailand (ZAR412M), and Zimbabwe (ZAR325M), and imported mostly from China (ZAR1.63B), Mozambique (ZAR578M), Germany (ZAR273M), France (ZAR198M), and United States (ZAR151M).
Growth: In January 2021, the increase in Johannesburg's year-by-year exports was explained primarily by an increase in exports to China (ZAR1.56B or 686%), United States (ZAR424M or 576%), and Thailand (ZAR398M or 2.93k%), and product exports increase in Electricity (ZAR717M or 67.7%), Raw Copper (ZAR645M or 382%), and Refined Copper (ZAR569M or 744%). In January 2021, the decrease in Johannesburg's year-by-year imports was explained primarily by an decrease in imports from China (ZAR-466M or -22.3%), Mozambique (ZAR-208M or -26.4%), and United States (ZAR-144M or -48.8%), and product imports decrease in Semiconductor Devices (ZAR-241M or -94.7%), Computers (ZAR-155M or -65.6%), and Electricity (ZAR-104M or -25.5%).