Insights for South Africa

MoM insights: In the month-on-month analysis, imports from Brazil saw the highest increase with a trade value of 4.25B, reflecting a significant rise of 1.6B (60.38%). Singapore followed with a trade value of 1.44B, increasing by 819.12M (132.29%). Angola also showed a positive change with 1.59B, up by 323.48M (25.58%). On the downside, Oman experienced the largest drop in imports, falling by 3.7B to 3.27B (-53.1%). China’s imports decreased by 3.46B to 38.55B (-8.24%), and Germany saw a decline of 2.51B to 8.02B (-23.82%). For exports, Belgium led with an increase of 1.49B to 8.37B (21.61%), followed by the United Kingdom with 1.44B at 8.79B (19.55%). Spain also increased by 970.69M to 3.03B (47.12%). Conversely, exports to Special Categories dropped by 1.3B to 19.27B (-6.31%), the Netherlands fell by 1.12B to 3.66B (-23.38%), and China decreased by 1.01B to 19.11B (-5.01%).

YoY insights: In the year-on-year analysis, imports from China showed the most significant growth, reaching 38.55B with an increase of 4.21B (12.27%). Brazil followed with a trade value of 4.25B, up by 1.33B (45.58%). Singapore also increased to 1.44B, gaining 1.13B (368.27%). On the contrary, imports from India fell by 2.43B to 10.6B (-18.62%), Thailand decreased by 1.44B to 4.28B (-25.12%), and Oman saw a drop of 940.9M to 3.27B (-22.43%). For exports, Special Categories led with a trade value of 19.27B, increasing by 4.53B (30.72%). Hong Kong followed with 3.93B, up by 2.22B (128.81%), and Belgium increased to 8.37B, gaining 1.46B (21.06%). However, exports to Mozambique fell by 2.78B to 5.84B (-32.24%), South Korea decreased by 1.68B to 2.97B (-36.02%), and Botswana saw a drop of 832.94M to 5.12B (-14.00%).