South Africa Imports

Imports in South Africa decreased to 82207.78 ZAR Million in February of 2014 from 94716.44 ZAR Million in January of 2014. Imports in South Africa is reported by the South African Revenue Service. Imports in South Africa averaged 12284.89 ZAR Million from 1957 until 2014, reaching an all time high of 94716.44 ZAR Million in January of 2014 and a record low of 66.10 ZAR Million in September of 1961. South Africa main imports are: fuel (24 percent of total imports), motor vehicles (10 percent), electronics (3 percent), pharmaceuticals (2 percent), food and scientific instruments. Main trading partners are: Germany (11 percent of total imports), China (11 percent), United States (8 percent), Saudi Arabia (6 percent), Japan (6 percent), United Kingdom, Iran and Angola. This page provides - South Africa Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
82207.78 94716.44 94716.44 66.10 82861.91 | 2014/02 1957 - 2014 ZAR Million Monthly

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South Africa Imports
LIST BY COUNTRY

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 1536884.00 2013-12-15 1338809.00 1536884.00 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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Imports | Notes
An import is any good or service brought into one country from another country in a legitimate fashion, typically for use in trade. Import goods or services are provided to domestic consumers by foreign producers. An import in the receiving country is an export to the sending country. Import of goods normally requires involvement of the Customs authorities in both the country of import and the country of export and is often subject to import quotas, tariffs and trade agreements.


RELATED NEWS

South Africa Inflation Rate Back to 6%  
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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.
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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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