Port Elizabeth

Overview In August 2024 Port Elizabeth exported ZAR10.6B and imported ZAR12.8B, resulting in a negative trade balance of ZAR2.19B. Between August 2023 and August 2024 the exports of Port Elizabeth have decreased by $-2.34B (-18%) from ZAR12.9B to ZAR10.6B, while imports increased by ZAR389M (3.14%) from ZAR12.4B to ZAR12.8B.

Trade In August 2024, the top exports of Port Elizabeth were Cars (ZAR3.74B), Manganese Ore (ZAR2.91B), Citrus (ZAR1.38B), Centrifuges (ZAR962M), and Motor vehicles; parts and accessories (8701... (ZAR208M). In August 2024 the top imports of Port Elizabeth were Commodities not elsewhere specified (ZAR2.81B), Electric Generating Sets (ZAR1.36B), Cars (ZAR919M), Motor vehicles; parts and accessories (8701... (ZAR742M), and Centrifuges (ZAR641M).

Destinations In August 2024, Port Elizabeth exported mostly to Germany (ZAR3.56B), China (ZAR2.1B), United Kingdom (ZAR784M), Netherlands (ZAR479M), and Japan (ZAR450M), and imported mostly from Germany (ZAR2.35B), China (ZAR2.02B), Spain (ZAR922M), Poland (ZAR793M), and United States (ZAR791M).

Growth In August 2024, the decrease in Port Elizabeth's year-by-year exports was explained primarily by an decrease in exports to Germany (ZAR-2.59B or -42.1%), Czechia (ZAR-363M or -56.8%), and India (ZAR-232M or -78.2%), and product exports decrease in Cars (ZAR-1.75B or -31.9%), Centrifuges (ZAR-624M or -39.4%), and Reaction and Catalytic Products (ZAR-180M or -88.4%). In August 2024, the increase in Port Elizabeth's year-by-year imports was explained primarily by an increase in imports from China (ZAR821M or 68.4%), North Macedonia (ZAR354M or 3.15k%), and India (ZAR309M or 67.4%), and product imports increase in Electric Generating Sets (ZAR960M or 242%), Centrifuges (ZAR552M or 622%), and Other Engines (ZAR328M or 8.71k%).