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South Africa Trade Summary

2020

South Africa exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR SOUTH AFRICA 2020

Overall Exports and Imports for South Africa 2020

Exports and imports of South Africa in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 85,227 million.
  • The total value of imports (CIF) was 68,943 million.
  • At the HS6 digit level, 4,439 products were exported to 215 countries and 4,454 products were imported from 228 countries.

South Africa top 5 Export and Import partners 2020

Top five countries to which South Africa exported in 2020 are below, along with the percent of total exports that went to that country:

  1. South Africa exports to China worth US$ 9,794 million, with a partner share of 11.49 percent.
  2. South Africa exports to United States worth US$ 7,131 million, with a partner share of 8.37 percent.
  3. South Africa exports to Unspecified worth US$ 6,894 million, with a partner share of 8.09 percent.
  4. South Africa exports to Germany worth US$ 6,399 million, with a partner share of 7.51 percent.
  5. South Africa exports to United Kingdom worth US$ 4,241 million, with a partner share of 4.98 percent.

Top five countries from which South Africa imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. South Africa imports from China worth US$ 14,309 million, with a partner share of 20.76 percent.
  2. South Africa imports from Germany worth US$ 6,294 million, with a partner share of 9.13 percent.
  3. South Africa imports from United States worth US$ 4,436 million, with a partner share of 6.43 percent.
  4. South Africa imports from India worth US$ 3,582 million, with a partner share of 5.20 percent.
  5. South Africa imports from Saudi Arabia worth US$ 2,686 million, with a partner share of 3.90 percent.

South Africa Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by South Africa along with trade value are:

  1. South Africa exported Gold in oth semi-manufactured forms,non-monetar , worth 6,717,385.74 (US$ Thousands).
  2. South Africa exported Agglomerated iron ores and concentrates , worth 3,948,820.50 (US$ Thousands).
  3. South Africa exported Bituminous coal, not agglomerated , worth 3,837,009.56 (US$ Thousands).
  4. South Africa exported Palladium unwrought or in powder form , worth 2,968,716.77 (US$ Thousands).
  5. South Africa exported Rhodium unwrought or in powder form , worth 2,839,661.89 (US$ Thousands).

The top five imported HS 6 digit level products from world by South Africa along with trade value are

  1. South Africa imported Petroleum oils and oils obtained from bituminou , worth 5,088,398.64 (US$ Thousands).
  2. South Africa imported Petroleum oils, etc, (excl. crude); preparation , worth 3,566,357.09 (US$ Thousands).
  3. South Africa imported Transmission apparatus, for radioteleph incorpo , worth 2,165,415.23 (US$ Thousands).
  4. South Africa imported Other medicaments of mixed or unmixed products, , worth 1,480,887.17 (US$ Thousands).
  5. South Africa imported New stamps; stamp-impressed paper; banknotes; c , worth 1,028,121.93 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by South Africa in 2020 are below

  • The maximum rate of tariff in percentage on any product was 82 percent.
  • The simple average tariff across all products was 7.11 percent.
  • The trade weighted average tariff was 4.40 .
  • The total duty free imports in thousands of US dollars were 41,922,359.75 and duty free tariff line items share was 65.13 percent.

Development Indicators 2020

Key Development Indicators of South Africa in 2020 are below

  • South Africa GDP in current US dollar was 337,620 million.
  • GNI per capita, Atlas method (current US$) was 6,090.00 .
  • South Africa Trade balance: as % of GDP was 4.40.
  • Trade balance in current US$ was 14,854.00 million.
  • Trade as percentage of GDP was 50.80 .
  • Trade in services as percentage of GDP was 5.91 .

Trade Indicators 2020

Trade Indicators for South Africa in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 13.44.
  • World Growth in percentage was -3.77 and South Africa Country Growth was -3.65 .