Port Elizabeth

Overview In November 2024 Port Elizabeth exported ZAR9.85B and imported ZAR11.8B, resulting in a negative trade balance of ZAR1.98B. Between November 2023 and November 2024 the exports of Port Elizabeth have increased by $260M (2.71%) from ZAR9.59B to ZAR9.85B, while imports increased by ZAR1.55B (15.1%) from ZAR10.3B to ZAR11.8B.

Trade In November 2024, the top exports of Port Elizabeth were Cars (ZAR4.29B), Manganese Ore (ZAR2.15B), Centrifuges (ZAR1.25B), Wool (ZAR522M), and Motor vehicles; parts and accessories (8701... (ZAR231M). In November 2024 the top imports of Port Elizabeth were Commodities not elsewhere specified (ZAR2.03B), Cars (ZAR934M), Electric Batteries (ZAR919M), Motor vehicles; parts and accessories (8701... (ZAR629M), and Electrical Transformers (ZAR473M).

Destinations In November 2024, Port Elizabeth exported mostly to Germany (ZAR4.35B), China (ZAR1.87B), United Kingdom (ZAR965M), Japan (ZAR360M), and India (ZAR346M), and imported mostly from China (ZAR2.82B), Germany (ZAR1.69B), Thailand (ZAR719M), Spain (ZAR717M), and India (ZAR450M).

Growth In November 2024, the increase in Port Elizabeth's year-by-year exports was explained primarily by an increase in exports to Germany (ZAR1.09B or 33.2%), India (ZAR154M or 80.5%), and Japan (ZAR135M or 60%), and product exports increase in Cars (ZAR854M or 24.8%), Molluscs (ZAR121M or 237%), and Wool (ZAR97.6M or 23%). In November 2024, the increase in Port Elizabeth's year-by-year imports was explained primarily by an increase in imports from China (ZAR1.51B or 115%), Thailand (ZAR262M or 57.3%), and Japan (ZAR164M or 62.3%), and product imports increase in Electric Batteries (ZAR836M or 1.01k%), Commodities not elsewhere specified (ZAR571M or 39.3%), and Electrical Transformers (ZAR409M or 634%).