Insights for South Africa

MoM insights: In the month-on-month analysis, imports from Nigeria saw the highest increase with a trade value of 3.98B ZAR, reflecting a significant rise of 2.42B ZAR (1.55%). The United States followed with an increase of 1.53B ZAR (0.21%), while Ghana experienced a notable rise of 1.08B ZAR (41.11%). On the lower end, imports from China decreased by 2.14B ZAR (-5.86%), with the United Arab Emirates and Oman also seeing declines of 1.89B ZAR (-33.39%) and 1.71B ZAR (-27.57%) respectively. For exports, the Special Categories led with a substantial increase of 4.46B ZAR (48.36%), followed by the Netherlands with 2.7B ZAR (42.87%) and South Korea with 1.65B ZAR (70.45%). Conversely, the United Kingdom saw a decrease of 2.4B ZAR (-20.91%), Japan decreased by 2.07B ZAR (-21.76%), and Mozambique by 1.22B ZAR (-25.19%).

YoY insights: In the year-on-year analysis, imports from Nigeria again topped the list with a trade value of 3.98B ZAR, marking an increase of 2.51B ZAR (1.70%). The United Arab Emirates followed with a rise of 871.92M ZAR (30.08%), and Canada with 560.93M ZAR (1.11%). On the downside, imports from China decreased by 3.53B ZAR (-9.33%), Saudi Arabia by 3.49B ZAR (-70.76%), and the United States by 3.02B ZAR (-25.34%). For exports, China led with a trade value of 21.07B ZAR, increasing by 3.63B ZAR (20.83%). Germany followed with an increase of 3.59B ZAR (41.48%), and Special Categories with 3.01B ZAR (28.17%). On the lower end, Mozambique saw a decrease of 4.46B ZAR (-55.56%), India by 1.99B ZAR (-25.96%), and Zambia by 1.26B ZAR (-28.43%).