Insights for South Africa

MoM insights: In the month-on-month analysis, imports from Oman saw the highest increase with a trade value of 6.21B ZAR, reflecting a significant rise of 2.94B ZAR (90.11%). The United Arab Emirates followed with a trade value of 5.66B ZAR, increasing by 1.82B ZAR (47.37%). Bahrain also showed a notable increase with 2.29B ZAR, up by 859.78M ZAR (60.00%). On the other hand, the largest declines were observed in imports from the United States, which dropped to 7.36B ZAR, down by 3.35B ZAR (-31.28%). China’s imports decreased to 36.49B ZAR, down by 2.06B ZAR (-5.35%). Brazil also saw a decline, with imports falling to 2.32B ZAR, down by 1.92B ZAR (-45.32%).

YoY insights: In the year-on-year analysis, imports from the United Arab Emirates increased significantly to 5.66B ZAR, up by 3.44B ZAR (154.78%). China also saw a rise in imports to 36.49B ZAR, increasing by 2.91B ZAR (8.66%). Oman’s imports rose to 6.21B ZAR, up by 1.29B ZAR (26.12%). Conversely, the largest declines were in imports from Nigeria, which fell to 1.56B ZAR, down by 4.65B ZAR (-74.84%). Saudi Arabia's imports decreased to 2.68B ZAR, down by 3.67B ZAR (-57.81%). Angola also experienced a drop, with imports at 254.19M ZAR, down by 2.51B ZAR (-90.79%).