Overview In December 2024 South Africa's Commodities not elsewhere specified exports accounted up to ZAR117M and imports accounted up to ZAR8.51B, resulting in a negative trade balance of ZAR8.39B. Between December 2023 and December 2024 the exports of South Africa's Commodities not elsewhere specified have increased by ZAR3.99M (3.53%) from ZAR113M to ZAR117M, while imports decreased by ZAR-23M (-0.27%) from ZAR8.53B to ZAR8.51B.
Destinations In December 2024, Commodities not elsewhere specified were exported mostly to Provision of Ships and Aircraft (ZAR60.3M), United Arab Emirates (ZAR15.6M), United Kingdom (ZAR11.5M), United States (ZAR6.71M), and Germany (ZAR5.61M), and were imported mostly from Thailand (ZAR2B), Germany (ZAR1.49B), Japan (ZAR960M), China (ZAR554M), and Poland (ZAR433M).
Growth In December 2024, the increase in Commodities not elsewhere specified's year-by-year exports was explained primarily by an increase in exports to United States (ZAR4.07M or 1.3k%), Netherlands (ZAR2.23M or 11.7k%), and Namibia (ZAR956k or 85%). In December 2024, the decrease in Commodities not elsewhere specified's year-by-year imports was explained primarily by a decrease in imports from Thailand (ZAR-535M or -24.4%), Germany (ZAR-363M or -7.59%), and Brazil (ZAR-306M or -60.9%).