What is South Africa’s most important export?
South Africa is very open to international trade, which represents 59.2% of the country’s GDP. The country mainly exports platinum (9.3%), motor vehicles (7.5%), iron ores (6.5%), coal and similar solid fuels (5.3%) and gold (5.2%).
What are South Africa’s top 5 exports?
Exports The top exports of South Africa are Gold ($16.8B), Platinum ($9.62B), Cars ($7.61B), Iron Ore ($6.73B), and Coal Briquettes ($5.05B), exporting mostly to China ($16.7B), United Kingdom ($8.5B), Germany ($8.1B), United States ($6.83B), and India ($6.03B).
What are South Africa’s 3 most valuable exports?
Searchable List of South Africa’s Most Valuable Export Products
|RANK||SOUTH AFRICAN EXPORT PRODUCT||2019 VALUE (US$)|
|3||Iron ores, concentrates||$5,743,361,000|
|4||Coal, solid fuels made from coal||$4,838,972,000|
What is Africa’s biggest export?
The main exported commodities of African nations are:
- Palm oil.
- Gold and diamonds.
- Precious metals.
What are the top 3 imports of South Africa?
South Africa main imports are: machinery (23.5 percent of total imports), mineral products (15.1 percent), vehicles and aircraft vessels (10 percent), chemicals (10.9 percent), equipment components (8.1 percent) and iron and steel products (5.3 percent).
What does South Africa export to USA?
This category includes gold, platinum and diamonds. The second biggest export category for South Africa to the USA is products of Iron and Steel with just over 18% of South African exports to the USA and the third biggest export category being Mineral products with just under 16%. This category includes iron ore.
Which countries does South Africa export to?
Main export partners are: China (9.7 percent of total exports), the United States (7.5 percent), Germany (7.1 percent), India (4.7 percent), Japan (4.7 percent) and Botswana (4.3 percent). Others include Namibia, the UK, Mozambique and Netherlands.
Is South Africa dependent on other countries?
Because of its dependence on foreign trade, South Africa’s economy is sensitive to global economic conditions. … South Africa’s main trading partners include China, the United States, Germany, and Japan.
What is South Africa famous for producing?
South Africa is the second largest producer of gold and is the world’s largest producer of chrome, manganese, platinum, vanadium and vermiculite, the second largest producer of ilmenite, palladium, rutile and zirconium. … Chief exports include corn, diamonds, fruits, gold, metals and minerals, sugar, and wool.
What food does South Africa export?
Citrus, wine, table grapes, corn and wool accounted for the largest exports by value. South Africa also exports nuts, sugar, mohair, apples and pears.
What does South Africa export to China?
In 2019, China did not export any services to South Africa. South Africa-China In 2019, South Africa exported $16.7B to China . The main products that South Africa exported to China were Gold ($6.13B), Iron Ore ($3.51B), and Manganese Ore ($2.03B).