South Africa Exports

Exports in South Africa increased to 83927.75 ZAR Million in February of 2014 from 77783.16 ZAR Million in January of 2014. Exports in South Africa is reported by the South African Revenue Service. Exports in South Africa averaged 11981.63 ZAR Million from 1957 until 2014, reaching an all time high of 86499.96 ZAR Million in November of 2013 and a record low of 55.80 ZAR Million in August of 1958. South Africa is rich in mineral resources and is the world’s biggest exporter of chromium and platinum (8 percent of total exports). Other exports include: gold (8 percent), coal (6 percent), iron ores (7 percent), motor vehicles and car parts (5 percent) and diamonds. Main export partners are: Japan (10 percent of total exports), United States (10 percent), Germany (7 percent), United Kingdom (6 percent), China (5 percent), Netherlands (4 percent), India and Belgium. This page provides - South Africa Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
83927.75 77783.16 86499.96 55.80 81456.30 | 2014/02 1957 - 2014 ZAR Million Monthly

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South Africa Exports
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Trade Last Previous Highest Lowest Forecast Unit
Current Account -178875.00 2013-11-15 -216000.00 14045.00 -216000.00 -192033.95 2014-03-31 ZAR Million [+]
Balance of Trade 1719.97 2014-02-15 -16933.28 10327.90 -24487.20 -2088.58 2014-02-28 ZAR Million [+]
Exports 83927.75 2014-02-15 77783.16 86499.96 55.80 81456.30 2014-02-28 ZAR Million [+]
Imports 82207.78 2014-02-15 94716.44 94716.44 66.10 82861.91 2014-02-28 ZAR Million [+]
External Debt 137095.00 2013-12-31 136621.00 137513.00 33262.00 135618.53 2014-03-31 USD Million [+]
Tourist Arrivals 1283885.00 2013-10-15 1252142.00 1331934.00 37430.00 1293634.42 2013-11-30 [+]
Current Account to GDP -5.80 2013-12-31 -5.20 6.00 -7.50 -5.79 2014-06-30 Percent [+]
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Exports | Notes
Exports measure the amount of goods or services that domestic producers provide to foreign consumers by. It is a good that is sent to another country for sale. In the past, export of commercial quantities of goods normally required involvement of the customs authorities in both the country of export and the country of import. More recently, with the advent of small trades over the internet such as through Amazon and e-Bay, exports have largely bypassed the involvement of Customs in many countries due to the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.


RELATED NEWS

South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
South Africa Posts Trade Surplus in February  
South African trade balance turned into a ZAR 1.72 billion surplus in February of 2014, after a large ZAR 17 billion gap in January, as exports surged 7.9 percent over the previous month and imports fell sharply by 13.2 percent.
South Africa Leaves Rate on Hold  
At its March 27th, 2014 meeting, South African Reserve Bank left the benchmark interest rate unchanged at 5.5 percent, as growth outlook remains subdued while inflation risks are on the upside. The central bank hinted possible rate hikes in the medium-run.
South Africa Inflation Rate Edges Up in February  
South African annual consumer prices accelerated for the third straight month to 5.9 percent in February of 2014, up from 5.8 percent in the previous month, on higher health, fuel and petrol cost.
South Africa Reports Trade Deficit in January  
South Africa trade gap reached ZAR17.06 billion in January of 2014 as imports surged and exports remained virtually unchanged.
South African GDP Growth Accelerates in Q4  
South African economic growth quickened to a better-than-expected annualized rate of 3.8 percent over the previous quarter, as both mining and manufacturing sectors grew at double-digit rates. In 2013, the economy grew a meager 1.9 percent.
South Africa GDP Growth Beats Expectations in Q4  
In the last quarter of 2013, South African GDP growth accelerated to 2 percent over a year earlier, beating market expectations and up from a revised 1.7 percent expansion in the previous quarter mainly due to a surge in the mining sector.
South Africa Inflation Rate Rises in January  
South African annual inflation rate accelerated to 5.8 percent in January of 2014 from 5.4 percent in December as rand’s depreciation against the dollar pushed food and fuel costs up.
South Africa Unemployment Rate Falls in Q4 2013  
In the last quarter of 2013, South African jobless rate slowed for the second straight quarter to 24.1 percent, from a revised 24.5 percent in the previous period. The expanded definition of unemployment, including people who stopped looking for work, was recorded at 34 percent.
South Africa Reports Trade Surplus in December  
In December of 2013, South African trade balance turned into a surplus for the second straight month and reached ZAR 2.78 billion, breaking a two-year cycle of persistent trade deficit. Since September of 2013, trade figures include trade with regional neighbors Botswana, Lesotho, Namibia and Swaziland.
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South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
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Hong Kong Unemployment Rate Unchanged in March  
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Hong Kong Inflation Rate Unchanged in March  
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