Exports from South Africa fell 11.2 percent year-on-year to ZAR 103.31 billion in December 2019, amid decreases in sales of vehicles & transport equipment (-50 percent); machinery & electronics (-16 percent); base metals (-6 percent) and precious metals & stones (-3 percent). The only exception was registered for vegetable products (17 percent). Main export partners were China (11% of total sales), the US (7.5%), Germany (7.1%), the UK (6.9%) and India (5.2%). Considering 2019 as a whole, shipments advanced 4.1 percent over a year ago to ZAR 1,298 billion.
Exports in South Africa averaged 20289.65 ZAR Million from 1957 until 2019, reaching an all time high of 122784.59 ZAR Million in October of 2019 and a record low of 55.80 ZAR Million in August of 1958. This page provides the latest reported value for - South Africa Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: South African Revenue Service
Exports in South Africa is expected to be 90000.00 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in South Africa to stand at 98000.00 in 12 months time. In the long-term, the South Africa Exports is projected to trend around 106000.00 ZAR Million in 2021 and 108000.00 ZAR Million in 2022, according to our econometric models.