Question: Who is South Africa’s biggest trading partner?

Its main export commodities are gold, diamonds, platinum, other metals and minerals, machinery and equipment. South Africa’s main trade partners are the European Union, China, US, Japan and India.

Who is South Africa’s second biggest trading partner?

South Africa top 5 Export and Import partners

Exporter Trade (US$ Mil) Partner share(%)
China 16,265 18.47
Germany 8,692 9.87
United States 5,783 6.57
India 4,323 4.91

Which country is South Africa’s biggest trading partner?

Top 15

  • China: US$9.8 billion (11.4% of total South African exports)
  • United States: $7.2 billion (8.3%)
  • Germany: $7.1 billion (8.2%)
  • United Kingdom: $4.2 billion (4.9%)
  • Japan: $3.8 billion (4.4%)
  • Netherlands: $3.3 billion (3.8%)
  • Botswana: $3.3 billion (3.8%)
  • India: $3.3 billion (3.8%)

Who is Africa’s biggest trading partner?

China is Africa’s largest trading partner, and last year’s growth strengthens this position. The value of trade between Africa and China rose by 35% from 2020 to $254 billion last year, mainly due to an increase in Chinese exports to the continent.

IT IS SURPRISING:  Which African empire did Mansa Musa rule over and what were some defining characteristics of his rule?

What is South Africa’s largest export?

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

What is South Africa’s biggest import?

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 African countries trade with South Africa?

Africa’s top intra-trading nations

South Africa has seen its trade with other SADC member states and other African countries such as Nigeria, Ghana and Kenya flourish. An increasing number of countries on the continent are turning to South Africa as a reliable source of several products for their imports.

What does China import to South Africa?

In 2019, the products from China that paid the highest import tariffs to enter South Africa were Vermouth and other flavoured grape wines – pack < 2l (65%) and Vermouth and other flavoured grape wines – pack > 2l (65%).

Who 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.

Who invests the most in Africa?

China is still the largest investor in Africa over the last 10 years. The US is the second-largest investor in Africa, followed by France in third place.

IT IS SURPRISING:  Which mode of transportation is the most used in southern Africa?

Who is China biggest trading partner?

At $20.49 trillion, the United States boasts the largest economy in the world and is China’s largest trading partner. Last year, the total value of bilateral trade between the two countries was $737.1 billion, with U.S. imports from China valued at $557.9 billion and U.S. exports to China valued at $179.3 billion.

Who are Nigeria’s biggest partners?

Nigeria’s main trade partners are Brazil, China, India, Japan, US and the European Union. The country’s long-term economic performance remains broadly positive, driven by rising oil and gas production.

What are South Africa’s 5 biggest export?

Chief exports include corn, diamonds, fruits, gold, metals and minerals, sugar, and wool. Machinery and transportation equipment make up more than one-third of the value of the country’s imports.

What does South Africa export to Russia?

South Africa’s main exports to the Russian Federation include food products and capital equipment.

What cars are made in South Africa?

Most car models assembled in Mzansi are from BMW, Ford, Nissan, Toyota, Volkswagen, and other foreign companies in South Africa.

List of car manufacturers in South Africa

  • Nissan.
  • Toyota.
  • Isuzu.
  • Mahindra.
  • FORD.
  • BMW.
  • Mercedes-Benz.
  • Volkswagen.