Port Elizabeth

Overview In January 2024 Port Elizabeth exported ZAR6.33B and imported ZAR12.9B, resulting in a negative trade balance of ZAR6.59B. Between January 2023 and January 2024 the exports of Port Elizabeth have decreased by $-831M (-11.6%) from ZAR7.16B to ZAR6.33B, while imports increased by ZAR4.48B (53%) from ZAR8.45B to ZAR12.9B.

Trade In January 2024, the top exports of Port Elizabeth were Manganese Ore (ZAR2.39B), Centrifuges (ZAR1.13B), Cars (ZAR968M), Reaction and Catalytic Products (ZAR258M), and Grapes (ZAR188M). In January 2024 the top imports of Port Elizabeth were Commodities not elsewhere specified (ZAR2.95B), Motor vehicles; parts and accessories (8701... (ZAR1.08B), Cars (ZAR744M), Electric Generating Sets (ZAR584M), and Reaction and Catalytic Products (ZAR580M).

Destinations In January 2024, Port Elizabeth exported mostly to China (ZAR1.9B), Germany (ZAR1.32B), Czechia (ZAR509M), United Kingdom (ZAR416M), and India (ZAR321M), and imported mostly from Germany (ZAR2.75B), China (ZAR1.1B), Spain (ZAR950M), Poland (ZAR773M), and United States (ZAR641M).

Growth In January 2024, the decrease in Port Elizabeth's year-by-year exports was explained primarily by an decrease in exports to United States (ZAR-141M or -58.2%), South Korea (ZAR-128M or -59.1%), and India (ZAR-92.8M or -38%), and product exports decrease in Centrifuges (ZAR-429M or -24.4%), Engine Parts (ZAR-32.8M or -92.3%), and Packaged Medicaments (ZAR-26.5M or -85.1%). In January 2024, the increase in Port Elizabeth's year-by-year imports was explained primarily by an increase in imports from Germany (ZAR453M or 28%), Thailand (ZAR283M or 89.4%), and United States (ZAR139M or 46.1%), and product imports increase in Commodities not elsewhere specified (ZAR442M or 33.6%), Motor vehicles; parts and accessories (8701... (ZAR401M or 122%), and Rubber Tires (ZAR155M or 64.4%).