Exercising this control entails record-keeping, verification, publication and analysis of trade data Explore South Africa's Merchandise Trade Statistics through interactive visualisations and other content Download the . In a region with an estimated population of 363.2 million people and 6.4 million international migrants at mid-year 2020 (UN DESA, 2020), a few countries serve as the economic pillars of the region. Source: International Monetary Fund, Regional Economic Outlook Database, September 2019 Trade. It contains annual bilateral data covering 202 reporters and partners, broken down by the 12 main EBOPS2010 . South African businesses are borrowing more money. Please visit the TRADE PROFILES link to view the individual countries' and regional groups' Trade DATA. Useful 2012 trade statistics. SADC total trade has followed a similar pattern to total world trade. South Africa's economy grew 1.2% in the second quarter compared to the previous three months, statistics agency data showed on Tuesday, a better-than-expected outcome driven by sectors like . Red shows countries with a trade deficit and Green shows country with trade surplus. PHOTOS. Following 1996, at the end of over twelve years of international sanctions, South Africa's Gross Domestic Product (nominal) almost tripled to its . World Bank statistics put intra-African trade at just 11% of the continent's total trade between 2007 and 2011. Monthly import, export and trade balance trend over time. Trade Map is free to use and provides trade statistics and market access information for export development. A positive . TRADE STATISTICS. South Africa's Revenue Service (SARS) released the latest trade statistics numbers and we take a look at South Africa's top 5 trading partners for both imports and exports as well as covering the value of our exports and imports for December 2019. ‡ Child labor understood as the worst forms of child labor per se under Article 3(a)-(c) of ILO C. 182.. South Africa is a source, transit, and destination country for child trafficking, with regular reports of children being rescued from human traffickers and sexual exploitation. The rise in debt was observed in eight of the nine industries, according to Stats SA's latest Annual financial statistics (AFS) release2. Statistics South Africa published the latest economic growth (GDP) numbers for the first quarter of 2019 and the picture it painted of the South African economy was a dismal one. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. In 2019, the trade deficit of services in South Africa amounted to about 0.93 billion U.S. dollars. During apartheid, South Africa's foreign trade and investment were affected by sanctions and boycotts by other countries ideologically opposed to apartheid.In 1970, the United Nations Security Council, adopted resolution 282 imposing a voluntary arms embargo upon South Africa, and which was extended by subsequent resolutions 418 and 591, declaring the embargo mandatory. Downloadable Excel Spreadsheets. Seasonally adjusted wholesale trade sales increased by 1,1% in January 2020 compared with December 2019. South Africa is an upper-middle-income economy, one of only eight such countries in Africa. Overview In August 2021 South Africa exported ZAR153B and imported ZAR116B, resulting in a positive trade balance of ZAR36.1B.Between August 2020 and August 2021 the exports of South Africa have increased by ZAR26.6B (21.1%) from ZAR126B to ZAR153B, while imports increased by ZAR25.2B (27.6%) from ZAR91.3B to ZAR116B. Trade data analysis on abalone reveals a complex network that links poaching to syndicated trade through various countries, some of them landlocked, across southern Africa before eventually reaching Asian markets. All data is sourced from the United Nations (UN) International trade Centre (ITC) TradeMap database. South Africa trade balance for 2019 was $1.77B, a 39.64% increase from 2018. The inclusion of South Africa in the BRIC (Brazil, Russia, India and China) grouping in 2010 coincided with two developments: its trade balance with most BRIC countries switched from deficit to surplus, and the value of its exports to BRIC surpassed the value of its exports to the European Union (EU) for the first time. Bilateral Economic Relations. This report focuses on the manufacture of furniture in South Africa and includes comprehensive information on the size of the sector, trade statistics, regulation, developments and corporate actions. China-Africa trade, 2000-2010. The section includes various indicators of the trade structure, services trade, investment flows, trade facilitation, tariffs Population According to UNDP data, South Africa's population amounted to 38.8 million in 1997, respectively to 40.6 million according to revised 1996 census figures (released in October 1998). South Africa's exports to the EU are growing and the composition of these exports is becoming more diverse. The aim being to reduce the risks of the new COVID-19 variant (B.1.1.529) reaching Mauritius through air transportation. Source: International Monetary Fund, Direction of Trade Statistics.
South Africa trade balance for 2020 was $14.90B, a 742.91% increase from 2019. Trade Agreements: The U.S. and South Africa signed a Trade and Investment Framework Agreement in 2012, which amends the United States-South Africa TIFA originally signed in 1999.. Download Historical Data. The country has three official capital cities.
South Africa's Trade Data Page - South African Market Insights However, following an increase in UK service exports in 2011, the UK began recording a trade surplus, which stood at £0 . South Africa Retail Sales | Moody's Analytics South Africa is situated on one of the busiest international sea routes‚ critical to international maritime transportation‚ and its geographical location presents a huge opportunity for investing in a diversified maritime market. Figure 1. South Africa is the largest U.S. trade partner in Africa, with a total two-way goods trade of $14 billion in 2018. South Africa: trade balance of services 2009-2019 | Statista Information on investing in South Africa The Trade and Invest South Africa website was launched in 2007, offering investors and business people free access to specific investment and trade opportunities in South Africa.The fully searchable database enables users to quickly access opportunities relevant to their sector or region. Mexico also recorded solid growth in the quarter, exports up 3.3% and imports up 5.1%. It is the most advanced, broad-based and productive economy . EU signs Economic Partnership Agreement with Southern African countries 2016 . South Africa is a country of 58 million people that is rich in diverse cultures, people and natural heritage. This followed month-on . This is 10 584 tons less than the same period (January to September) in 2016. South Africa has traditionally been the UK's largest export and import market in Africa. Numbers show that up until September 2017, South Africa had imported 392 109 tons of chicken. Main source markets were already, or were going into lockdown leading to an overall decline in imports, while exports remain largely unchanged. South Africa trade balance for 2017 was $4.48B, a 188.63% increase from 2016. Trade Data. Trade Performance Index, National Export Performance, Trade statistics, the reliability of Trade statistics and certain trade information sources of South Africa can be viewed here. ITC has several on-going projects in Zambia, including Trade promotion and value addition for African cotton and Promoting Intra-Regional Trade in East Africa which specifically seeks to improve the competitiveness of Zambian honey. Trade Balance World Map. The results of the report are presented in descriptive statistics in a form of tables, histograms and figures; and a comparative analysis was also used conducted in terms of these countries' performance . It is an agreement between SADC Member States to reduce customs duties and other barriers to trade on imported products amongst SADC Member States. The value of South Africa's imports and exports both grew more than 10 percent year-over-year in June 2013, according to preliminary trade statistics from the South African Revenue Service (SARS). 29 - Organic chemical compounds. based on national surveys current use of cannabis ranged among adolescents from 2% to 9% . Update of annual and quarterly merchandise trade indices.
Economic Data. Trade Balance Trend. Africa's main trade in goods partner is the EU. The second part briefly summarizes the history of RECs in Africa. Trade balance is the value of exported goods minus the value of imported goods. The economy of South Africa is the third largest in Africa and the most industrialized, technologically advanced, and diversified economy in Africa overall. Capital Equipment Project. The Ministry of Agro-Industry and Food Security has adopted some precautionary measures regarding the importation of fruit, vegetables and flowers from South Africa, with immediate effect. For current information on trade statistics between South Africa and Cuba, visit the website of the Department of Trade, Industry and Competition of South Africa. AGOA Status: South Africa is eligible for AGOA this year. Get in touch with us now. This page provides the latest reported value for - South Africa Exports . The China Africa trade statistics change from year to year and find new ways to improve the trading between these countries. In addition, the U.S. and the Southern Africa Customs Union (SACU), which includes South Africa, signed a . South Africa Trade Summary 2015 . In 2015, intra-African trade was worth just $170 million, according to the same institution's figures, when the potential stands at trillions of dollars. This survey is based on a sample drawn from Stats SA's 2017 business sampling frame (BSF) that contains businesses registered for value added tax (VAT). Explore opportunities to grow your footprint in South Africa with the help of our Trade Commissioner Service (TCS), and read more about the trade relationship between the two countries, market facts and other insights. Approximately 600 U.S. businesses operate in South Africa, many of which use South Africa as regional headquarters. Lesotho - Market OverviewLesotho - Market Overview Discusses key economic indicators and trade statistics, which countries are dominant in the market, the U.S. market share, the political situation if relevant, the top reasons why U.S. companies should consider exporting to this country, and other issues that affect trade, e.g., terrorism, currency devaluations, trade agreements. Plettenberg Bay red sky Formerly called Zuid-Afrika, South Africa continues to cope with international trade challenges related to its geographic distances from South African trading partners like China, Germany and the United States. Wholesale Trade Statistics of South Africa. When receiving a gift, open it immediately and use either your right hand or both hands to receive it. The data analysed in this report is over a 10-year review period from 2007-2016, thus the . Take your business to the next level. , Aug 17, 2021. South Africa is ready to welcome people from across the world," says Sthembiso Dlamini, Acting CEO at South African Tourism. Trade picture. This was driven by a notable uptick in grains, particularly wheat and rice, on the back of reduced domestic production as a result of the Western Cape drought and an increase in annual consumption. South Africa is the EU's largest trading partner in Africa. $69 Billion. China- Africa Trading . † Determined by national law or regulation as hazardous and, as such, relevant to Article 3(d) of ILO C. 182. South Africa with a share of 49% (2.48 billion US$) Singapore with a share of 10.8% (548 million US$) China with a share of 9.32% (470 million US$) India with a share of 3.21% (162 million US$) Mauritius with a share of 3.2% (161 million US$) Mozambique with a share of 2.7% (136 million US$) Zambia with a share of 2.2% (111 million US$) South Africa qualifies for preferential trade benefits under the African Growth and . For the past five months imports and exports have shown consistent growth in value. Trade Info. increased attractiveness of South Africa for drug trafficking purposes in the 1990s. HOW TO EXTRACT DATA FROM BEYOND 2020. Publication P6242.1 "Retail trade sales" Geo coverage is the nation "Statistics South Africa (Stats SA) conducts a monthly survey of the retail trade industry, covering retail enterprises. The statistic shows South Africa's trade balance from 2010 to 2020.
South Africa had a total export of 89,395,988.33 in thousands of US$ and total imports of 88,037,490.93 in thousands of US$ leading to a positive trade balance of 1,358,497.41 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for South Africa is 5.37% and the Most Favored Nation (MFN) Weighted Average tariff is 9.39%.The trade growth is -2.48% compared to a . Canada 's exports were up 4.7%, driven by energy and forestry products. Call us: (301)763-2311 or 1-800-549-0595 option 4 U.S. Imports from South Africa by 5-digit End-Use Code Details may not equal totals due to rounding. The amount of debt held by the formal business sector1 was up 5,9% in 2016 compared with 2015. A . But even after the financial crisis that hit in 2009, the international trading between China and Africa kept increasing. The values of both the years show a decline in the trade values of the South Africa trade data 2020 by a percentile of 22% ($19.2 Billion). Geographical representation of Trade Balance by Country. However, more sales were recorded for prepared foodstuff (12%), mineral products . , Apr 1, 2021. South Africa is the only country in the world to have voluntarily abandoned its nuclear weapons program. For imports these two had switched places, China (16 %) was second and other African countries (13 %) were third. Enjoying remarkable macroeconomic stability and a pro-business environment, South Africa is a logical and attractive choice for U.S. companies to enter the African continent. South Africa and the WTO. This review synthesizes available epidemiological data on current drug use and substance abuse treatment admissions in south africa since 1994, and how changes in the political, economic and social structures within south africa both before and after apartheid make the country more vulnerable to drug use. Table reflects only those months for which there was trade. In exports it was followed by other African countries (23 %) and China (8 %). This page gathers key information on South Africa's participation in the WTO. In 2020, the largest trade partner for Africa was the EU with 28 % of both exports and imports. Export statistics of export from 1998 to 2002 on South Africa can be found here. Month. South Africa Trade Statistics. Exploring South Africa's Merchandise Trade Statistics SARS is the legislatively empowered controlling entity for statistics on the importation and exportation of goods. challenges and addiction along the coast of South Africa. That dollar amount reflects a 12.4% gain since 2016 but a -4.8% decline . Total SADC trade almost quadrupled between 2000 and 2011 from US$ 91089.52 million in 2000 to US$ 353636.4 million in 2011, although there was a sharp decline of more than 25% in 2009 as a result of the global economic crisis. Exports in South Africa averaged 23274.81 ZAR Million from 1957 until 2021, reaching an all time high of 168722.18 ZAR Million in March of 2021 and a record low of 55.80 ZAR Million in August of 1958.
AGOA Status: South Africa is eligible for AGOA this year. South Africa with a share of 49% (2.48 billion US$) Singapore with a share of 10.8% (548 million US$) China with a share of 9.32% (470 million US$) India with a share of 3.21% (162 million US$) Mauritius with a share of 3.2% (161 million US$) Mozambique with a share of 2.7% (136 million US$) Zambia with a share of 2.2% (111 million US$) Documents listed here are downloadable in MS Excel format. Namibia Trade Statistics. In addition, the U.S. and the Southern Africa Customs Union (SACU), which includes South Africa, signed a . The UK ran a trade in goods and services deficit with South Africa in all periods between 2004 and 2010, which averaged £1.2 billion. South Africa's Trade Balance . read more » Since 2008, Africa, along with Asia, is the only region with a rising trend in intraregional trade. South Africa, the continent's largest economy, is also the largest intraregional importer and exporter in Africa. The trade surplus in South Africa narrowed to ZAR 22.2 billion in September of 2021 from a downwardly revised ZAR 42.3 billion in August. Graphical displays Import statistics (Figure 1) show that South Africa imported 528 506 tons of chicken meat in 2016 compared to 457 374 tons in 2015.
Source: IMF Direction of Trade Statistics, China and Africa country pages, import data. A member of the African Caribbean Pacific group of countries, South Africa is by far the strongest of sub-Saharan Africa's economies. South Africa's agricultural imports increased by 5 percent year-on-year to US$6.7 billion in 2017, according to data from Trade Map. 13 January 2021 - The new WTO-OECD Balanced Trade in Services (BaTIS) dataset is a complete, consistent and balanced matrix of international trade in services statistics (ITSS). Merchandise Trade statistics data for South Africa (ZAF) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. Africa . 25 - Salt, sulphur, stone and plastering material. Trade Agreements: The U.S. and South Africa signed a Trade and Investment Framework Agreement in 2012, which amends the United States-South Africa TIFA originally signed in 1999.. South Africa's economy contracted by -3.2% in the first quarter of 2019, when compared with the fourth quarter of 2018. By transforming the large volume of primary trade data into an accessible, user-friendly, web-based format, Trade Map provides indicators on export performance, international demand, alternative markets and the role of competitors. South Africa is thus the Information on PPE Procurement As stipulated in Treasury Instruction No 11. of 2021, and in the interests of transparency, Statistics South Africa (Stats SA) has published information related to PPE procurement by the department for the period March 2020 and ongoing 05 Aug 2013. Intra-African trade, defined as the average of intra-African exports and imports, was around 2% during the period 2015-2017, while comparative figures for America, Asia, Europe and Oceania were, respectively, 47%, 61%, 67% and 7%.
Calls for radical governance reform have been made, but change is slow. The South African Revenue Service (SARS) today releases trade statistics that includes trade data with Botswana, Lesotho, Namibia and Swaziland (BLNS) for December 2013 that recorded a trade surplus of R2.78 billion [trade deficit R4.31 billion]. Major SA exports to Cuba are plastics and rubber, textiles, machinery and vehicles and major Cuban imports are prepared foodstuffs and pharmaceuticals. The South African Government views the country's ports and terminals as key engines for economic growth. Analysis of EU trade with SA and the rest of the world 2015 . Extended greetings and handshakes are very important in most Namibian cultures. 24 - Tobacco and manufactured tobacco substitutes.
Table III.52 Merchandise trade of Africa, 1999 (file size 49KB) Table III.53 Merchandise trade of Africa by region and by major product group, 1999 (file size 51KB) Graphical depiction of the monthly import, export and trade balance figures from january 2010. journals and trade statistics information from relevant member states from the internet were also used. The bilateral trade data consists of total (AGOA+non-AGOA) exports, imports, and trade deficit/surplus between the US and AGOA beneficiary countries, with African countries' exports further disaggregated into AGOA exports as well as the share of non-GSP exports added by the AGOA legislation.. The figures were published in the South China Morning Post. The aim is to give an idea of South Africa's trade relations with the select partner, and the major products or sectors that South Africa is trading in. The last part provides illustrative statistics on Africa's trade in goods and services during the last decade. It was the smallest trade surplus since January, as exports declined 1 percent to ZAR 157 billion, dragged by precious metals & stones (-6%) and machinery & electronics (-7%). Overview. 27 - Crude, Coal, Petroleum and Electricity. Information on PPE Procurement As stipulated in Treasury Instruction No 11. of 2021, and in the interests of transparency, Statistics South Africa (Stats SA) has published information related to PPE procurement by the department for the period March 2020 and ongoing South Africa's March 2020 trade data showed that measures adopted by its global trade partners to curb the spread of COVID-19 mainly impacted South Africa's imports. South African Trade Value Growth Exceeds 10 Percent. 6. Contact the International Trade Macro Analysis Branch: Email us! South Africa import statistics show the top imports were made for 'Mineral Fuels and Oils'. MEDIA. Trade with Belgium and Luxembourg 2015 . 26 - Ores. All Industries Consumer Goods FMCG Internet Media Advertising Retail Trade Sports Recreation Technology Telecommunications Transportation Logistics Travel, Tourism Hospitality Most viewed Statistics Recent Statistics Popular Statistics Facebook number monthly active users worldwide 2008 2021 Smartphone market share worldwide. Research expert covering historical data. 2021 : U.S. trade in goods with South Africa. 23 - Residues and waste from the food industries. David H. Shinn and Joshua Eisenman, China and Africa: A Century of Engagement (Philadelphia, PA: University of Pennsylvania Press, 2012), p. 115. Exports in South Africa decreased to 157024.06 ZAR Million in September from 158592.58 ZAR Million in August of 2021. . It also qualifies for textile and apparel benefits. The Southern African Development Community (SADC) Protocol on Trade (1996), as amended in 2010, is one of the most important legal instruments guiding SADC's work on Trade. Wholesale Trade Sales of South Africa Sales at constant 2015 prices: results for January 2020Measured in real terms (constant 2015 prices), wholesale trade sales increased by 1,9% in January 2020 compared with January 2019. All this will certainly show that South Africa is open for business and that the South African tourism sector has world-class COVID-19 safety protocols to deliver on memorable experiences and events. Total debt amounted to R5,7 trillion in 2016. China-Africa bilateral trade has been steadily increasing for the past 16 years, according to Johns Hopkins University's China Africa . Migration to and from countries in Southern Africa 1 is driven largely by the pursuit of economic opportunities, political instability and increasingly, environmental hazards. Switzerland remains Zambia's major export destination, followed by China and South Africa. The value for the year 2020 in South Africa imports valued for (approx.) 28 - Inorganic chemical compounds. Interesting Facts About South Africa. Overall, South Africa shipped US$86.1 billion worth of goods around the globe in 2020. Get in touch with us now. South Africa trade balance for 2018 was $1.27B, a 71.73% decline from 2017. 22 - Beverages, spirits and vinegar. South Africa's three largest mines are designed to expand their outputs and are predicted to maintain a viable production level for up to 50 more years. Merchandise trade values in North America reached an all-time high in Q2 2021. Imports rose by 3.6%, with metals and pharmaceutical products playing a large part. economy and of intra-African trade. South Africa has been a WTO member since 1 January 1995 and a member of GATT since 13 June 1948. Doing business in South Africa. Exports structure from South Africa in 2020 represented by the following main commodity groups: 22% (19.2 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin; 14.9% (12.7 billion US$): 26 - Ores, slag and ash; 9.83% (8.37 billion US$): 87 - Vehicles other than railway or . It also qualifies for textile and apparel benefits.
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