Insights for South Africa

MoM insights: In the month-on-month analysis, imports from China saw the highest increase with a trade value of 42.01B, reflecting a significant rise of 4.41B (11.74%). The United Arab Emirates followed with a notable increase of 2.39B (914.78%), while India contributed 2.29B (21.52%). On the lower end, imports from Saudi Arabia decreased by 1.1B (-19.49%), Qatar saw a drop of 935.03M (-84.70%), and Ireland's imports fell by 742.84M (-33.31%). For exports, Special Categories led with a remarkable increase of 7.9B (62.37%), followed by the United Kingdom with 1.31B (21.63%), and Zimbabwe with 1.08B (19.45%). Conversely, exports to the Netherlands decreased by 1.86B (-28.00%), China by 1.35B (-6.62%), and the United States by 1.23B (-8.07%). Overall, total imports increased by 11.97B (7.28%) while exports rose by 5.76B (3.18%).

YoY insights: In the year-on-year analysis, imports from China again topped the list with a trade value of 42.01B, showing a growth of 3.91B (10.26%). Oman followed with a significant increase of 3.32B (910.87%), and Algeria saw a rise of 1.43B (420.25%). On the downside, imports from Canada decreased by 1.42B (-70.37%), Malaysia by 676.06M (-31.59%), and Mozambique by 626.89M (-34.84%). For exports, China led with a growth of 5.13B (34.22%), Germany with 4.9B (43.82%), and Belgium with 1.95B (39.39%). However, exports to Mozambique fell by 3.83B (-38.44%), the Netherlands by 2.17B (-31.21%), and South Korea by 809.16M (-27.75%). Overall, total imports increased by 11.59B (7.03%) while exports rose by 13.18B (7.75%).