What is South Africa’s biggest export?
Searchable List of South Africa’s Most Valuable Export Products
| Rank | South African Export Product | Change |
|---|---|---|
| 1 | Platinum (unwrought) | +29.7% |
| 2 | Gold (unwrought) | +46.6% |
| 3 | Iron ores, concentrates | +7.1% |
| 4 | Cars | -30.6% |
What products do South Africa export to other countries?
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 does South Africa import from other countries?
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).
Which country does South Africa trade the most?
South Africa top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| China | 9,595 | 10.73 |
| Germany | 7,160 | 8.01 |
| United States | 6,262 | 7.00 |
| Unspecified | 4,997 | 5.59 |
What is Africa’s biggest export?
The main exported commodities of African nations are:
- Palm oil.
- Gold and diamonds.
- Oil.
- Cocoa.
- Timber.
- Precious metals.
What are South Africa three most valuable exports?
Searchable List of South Africa’s Most Valuable Export Products
| RANK | SOUTH AFRICAN EXPORT PRODUCT | 2019 VALUE (US$) |
|---|---|---|
| 1 | Platinum (unwrought) | $8,245,494,000 |
| 2 | Cars | $6,681,545,000 |
| 3 | Iron ores, concentrates | $5,743,361,000 |
| 4 | Coal, solid fuels made from coal | $4,838,972,000 |
Does South Africa import more than exports?
Currently the value of Imports and Exports per quarter equates to roughly 60% of South Africa’s Gross Domestic Product (GDP). So trade is an extremely import part of the South African economy.
What does South Africa export to USA?
This category includes gold, platinum and diamonds. The second biggest export category for South Africa to the USA is products of Iron and Steel with just over 18% of South African exports to the USA and the third biggest export category being Mineral products with just under 16%. This category includes iron ore.
Does South Africa import or export cotton?
In 2019, South Africa exported US$ 1.3 bn in clothing and textile products globally. Total wool exports amounted to US$ 357 million. Total cotton exports amounted to US$ 61 million.
What products are made in South Africa?
South Africa is synonymous for its mineral riches such gold, diamond, platinum, manganese-ore and coal, while the fruits of its farming industry are savoured over the world. This includes wine, fruit, medicinal plants, wool, livestock, game and cut flowers.
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).
Is it better for a country to export or import?
If you import more than you export, more money is leaving the country than is coming in through export sales. On the other hand, the more a country exports, the more domestic economic activity is occurring. More exports means more production, jobs and revenue.
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.