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South Africa Trade Summary

2023

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 2023

Overall Exports and Imports for South Africa 2023

Exports and imports of South Africa in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 110,608 million.
  • The total value of imports (CIF) was 107,123 million.
  • At the HS6 digit level, 4,435 products were exported to 216 countries and 4,425 products were imported from 230 countries.

South Africa top 5 Export and Import partners 2023

Top five countries to which South Africa exported in 2023 are below, along with the percent of total exports that went to that country:

  1. South Africa exports to China worth US$ 12,482 million, with a partner share of 11.29 percent.
  2. South Africa exports to United States worth US$ 8,320 million, with a partner share of 7.52 percent.
  3. South Africa exports to Germany worth US$ 7,487 million, with a partner share of 6.77 percent.
  4. South Africa exports to Unspecified worth US$ 6,393 million, with a partner share of 5.78 percent.
  5. South Africa exports to Mozambique worth US$ 6,182 million, with a partner share of 5.59 percent.

Top five countries from which South Africa imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. South Africa imports from China worth US$ 21,915 million, with a partner share of 20.46 percent.
  2. South Africa imports from United States worth US$ 9,200 million, with a partner share of 8.59 percent.
  3. South Africa imports from Germany worth US$ 8,683 million, with a partner share of 8.11 percent.
  4. South Africa imports from India worth US$ 7,468 million, with a partner share of 6.97 percent.
  5. South Africa imports from United Arab Emirates worth US$ 3,997 million, with a partner share of 3.73 percent.

South Africa Top 5 Productsexports imports at HS 6 digit level 2023

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

  1. South Africa exported Bituminous coal, not agglomerated , worth 6,854,197.88 (US$ Thousands).
  2. South Africa exported Gold in oth semi-manufactured forms,non-monetar , worth 6,290,623.25 (US$ Thousands).
  3. South Africa exported Diesel powered trucks with a GVW not exceeding , worth 5,426,976.47 (US$ Thousands).
  4. South Africa exported Ferro-chromium containing by weight more than 4 , worth 4,225,932.11 (US$ Thousands).
  5. South Africa exported Non-agglomerated iron ores and concentrates , worth 4,175,813.39 (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, etc, (excl. crude); preparation , worth 15,169,590.31 (US$ Thousands).
  2. South Africa imported Petroleum oils and oils obtained from bituminou , worth 4,806,088.26 (US$ Thousands).
  3. South Africa imported Transmission apparatus, for radioteleph incorpo , worth 2,977,877.84 (US$ Thousands).
  4. South Africa imported New stamps; stamp-impressed paper; banknotes; c , worth 1,799,379.09 (US$ Thousands).
  5. South Africa imported Electric accumulators, nes , worth 1,780,228.75 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by South Africa in 2023 are below

  • The maximum rate of tariff in percentage on any product was 145.73 percent.
  • The simple average tariff across all products was 7.09 percent.
  • The trade weighted average tariff was 4.47 .
  • The total duty free imports in thousands of US dollars were 50,858,545.03 and duty free tariff line items share was 62.36 percent.

Development Indicators 2023

Key Development Indicators of South Africa in 2023 are below

  • South Africa GDP in current US dollar was 380,699 million.
  • GNI per capita, Atlas method (current US$) was 6,480.00 .
  • South Africa Trade balance: as % of GDP was 0.33.
  • Trade balance in current US$ was 1,252.00 million.
  • Trade as percentage of GDP was 65.18 .
  • Trade in services as percentage of GDP was 8.75 .

Trade Indicators 2023

Trade Indicators for South Africa in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 14.46.
  • World Growth in percentage was -3.13 and South Africa Country Growth was -3.42 .