China / South Africa

Overview In September 2024, China exported $1.75B and imported $2.16B from South Africa, resulting in a negative trade balance of $414M. Between September 2023 and September 2024 the exports of China have decreased by $-282M (-13.9%) from $2.03B to $1.75B, while imports decreased by $-750M (-25.8%) from $2.91B to $2.16B.

Trade In September 2024, the top exports of China to South Africa were Refined Petroleum ($155M), Electric Batteries ($97M), Telephones ($94.9M), Electrical Transformers ($73.6M), and Cars ($69.5M). In September 2024 the top imports of China from South Africa were Gold ($688M), Iron Ore ($349M), Chromium Ore ($182M), Manganese Ore ($134M), and Ferroalloys ($126M).

Origins In September 2024 the exports of China were mainly from Guangdong Province ($382M), Zhejiang Province ($319M), Jiangsu Province ($178M), Shandong Province ($164M), and Shanghai Province ($114M), while imports destinations were mainly Beijing ($508M), Zhejiang Province ($340M), Guangdong Province ($271M), Shanghai Province ($128M), and Hainan Province ($96.7M).

Growth In September 2024, the decrease in China's year-by-year exports to South Africa was explained primarily by an decrease in product exports in Telephones ($-35.9M or -27.4%), Other Furniture ($-22.6M or -40.3%), and Coated Flat-Rolled Iron ($-20.5M or -50.9%). In September 2024, the decrease in China's year-by-year imports  from South Africa was explained primarily by an decrease in product imports  in Iron Ore ($-209M or -37.4%), Coal Briquettes ($-184M or -74.5%), and Gold ($-175M or -20.3%).