Overview In July 2022 South Africa exported ZAR171B and imported ZAR152B, resulting in a positive trade balance of ZAR18.4B. Between July 2021 and July 2022 the exports of South Africa have increased by ZAR31.7B (22.8%) from ZAR139B to ZAR171B, while imports increased by ZAR44.4B (41.1%) from ZAR108B to ZAR152B.
Trade In July 2022, the top exports of South Africa were Coal Briquettes (ZAR20.1B), Platinum (ZAR19.8B), Ferroalloys (ZAR8.63B), Iron Ore (ZAR8.35B), and Gold (ZAR8.32B). In July 2022 the top imports of South Africa were Refined Petroleum (ZAR29.2B), Commodities not elsewhere specified (ZAR9.06B), Cars (ZAR5.39B), Telephones (ZAR4.32B), and Computers (ZAR2.89B).
Origins In July 2022 the exports of South Africa were mainly from O.R. Tambo Int Airport (ZAR31.2B), Richards Bay (ZAR26.5B), Durban (ZAR25.2B), Port Elizabeth (ZAR10.8B), and Saldanha Bay (ZAR10.7B), while imports destinations were mainly Durban (ZAR84.4B), O.R. Tambo Int Airport (ZAR22.6B), Cape Town (ZAR16.2B), Port Elizabeth (ZAR8.39B), and Johannesburg (ZAR3.74B).
Destinations In July 2022, South Africa exported mostly to China (ZAR21.6B), United States (ZAR13.9B), Germany (ZAR13.5B), Japan (ZAR11.1B), and Mozambique (ZAR8.44B), and imported mostly from China (ZAR30.4B), India (ZAR11.9B), Germany (ZAR11B), United States (ZAR10.5B), and United Arab Emirates (ZAR6.67B).
Growth In July 2022, the increase in South Africa's year-by-year exports was explained primarily by an increase in exports to Germany (ZAR3.38B or 51%), China (ZAR2.93B or 24.7%), and United States (ZAR2.01B or 24.4%), and product exports increase in Platinum (ZAR4.26B or 29.4%), Iron Ore (ZAR2.99B or 33.5%), and Delivery Trucks (ZAR1.72B or 81.7%). In July 2022, the increase in South Africa's year-by-year imports was explained primarily by an increase in imports from Turkey (ZAR852M or 147%), Canada (ZAR839M or 242%), and Belgium (ZAR758M or 69%), and product imports increase in Refined Petroleum (ZAR2.45B or 47.9%), Computers (ZAR370M or 21.2%), and Soybeans (ZAR336M or 140k%).