Port Elizabeth

Overview In December 2024 Port Elizabeth exported ZAR6.77B and imported ZAR9.57B, resulting in a negative trade balance of ZAR2.8B. Between December 2023 and December 2024 the exports of Port Elizabeth have increased by $1.18B (21.2%) from ZAR5.59B to ZAR6.77B, while imports decreased by ZAR-343M (-3.46%) from ZAR9.92B to ZAR9.57B.

Trade In December 2024, the top exports of Port Elizabeth were Manganese Ore (ZAR2.7B), Cars (ZAR1.44B), Centrifuges (ZAR632M), Wool (ZAR472M), and Semi-Finished Iron (ZAR194M). In December 2024 the top imports of Port Elizabeth were Commodities not elsewhere specified (ZAR1.94B), Electric Generating Sets (ZAR1.54B), Cars (ZAR896M), Motor vehicles; parts and accessories (8701... (ZAR494M), and Rubber Tires (ZAR322M).

Destinations In December 2024, Port Elizabeth exported mostly to China (ZAR2.29B), Germany (ZAR1.01B), United Kingdom (ZAR846M), India (ZAR375M), and Japan (ZAR223M), and imported mostly from China (ZAR1.83B), Germany (ZAR1.75B), India (ZAR1.02B), Spain (ZAR681M), and Japan (ZAR397M).

Growth In December 2024, the increase in Port Elizabeth's year-by-year exports was explained primarily by an increase in exports to United Kingdom (ZAR496M or 142%), China (ZAR337M or 17.2%), and India (ZAR257M or 218%), and product exports increase in Manganese Ore (ZAR985M or 57.4%), Cars (ZAR895M or 165%), and Grapes (ZAR138M or 300%). In December 2024, the decrease in Port Elizabeth's year-by-year imports was explained primarily by an decrease in imports from North Macedonia (ZAR-544M or -97.9%), Spain (ZAR-508M or -42.7%), and Poland (ZAR-281M or -44.1%), and product imports decrease in Reaction and Catalytic Products (ZAR-759M or -99.5%), Refined Petroleum (ZAR-495M or -96.8%), and Cars (ZAR-406M or -31.2%).