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In this article we take a look at South Africa's top 20 export destinations. Who are we exporting our goods too? And what percentage of our total exports are made up by countries such as China, United States of America or Japan?
We take a look at the numbers below. And a few countries in the Top 20 might surprise. |
Chinese shipping yard
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Top 20 export destinations
The bar chart below shows the Top 20 export destinations to whom South Africa exports goods. And no real surprise is the fact that China is our biggest export destination, with it making up 11% of South Africa'total exports.
The United States is a distant 2nd place with 7.7% of South Africa's exports heading to the United States. Germany just behind the United States with 7.6% of South Africa's exports heading to Germany. Japan and India rounds out the top 5 with 5.1% of South Africa's exports heading to both Japan and India. The top 5 export destinations for South Africa for March 2018 made up 36.3% of South Africa's total exports. Thus more than a third of South Africa's exports heads to only 5 countries.
German flags in the background Germany is South Africa's thrid biggest export destination
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American flags. United States is South Africa's second biggest export destination
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So percentages are one thing. But the real question is what is the Rand value of the exports heading to the Top 20 destinations. For those that prefer to see the values in text instead of a graphic, the total value of South Africa's exports for March 2018 to the Top 20 export destinations are shown below:
Surprising to us to make the Top 20 list was Belgium, Spain and Pakistan. We will take a look whether they feature in coming months and also investigate what exactly are exported to these countries. And remember to take Netherlands figures with a pinch of salt, as the exports are not actually all heading to Netherlands, but it goes via the Rotterdam port into the rest of Europe, so Netherlands figures tends to be overstated.
- China: R 9 992 339 802
- United States of America: R 6 980 836 213
- Germany: R 6 897 127 039
- Japan: R 4 647 454 028
- India: R 4 603 811 510
- Botswana: R 4 200 912 928
- United Kingdom: R 3 866 323 993
- Namibia: R 3 658 748 474
- Mozambique: R 3 534 870 829
- Netherlands: R 2 723 793 739
- South Korea: R 2 634 920 514
- Zimbabwe: R 2 593 733 159
- Belgium: R 2 538 939 825
- Zambia: R 2 367 515 910
- United Arab Emirates: R 1 766 360 193
- Spain: R 1 557 088 419
- Swaziland: R 1 497 325 793
- Lesotho: R 1 421 511 191
- Hong Kong (China): R 1 361 118 266
- Pakistan :R 1 185 075 447
Surprising to us to make the Top 20 list was Belgium, Spain and Pakistan. We will take a look whether they feature in coming months and also investigate what exactly are exported to these countries. And remember to take Netherlands figures with a pinch of salt, as the exports are not actually all heading to Netherlands, but it goes via the Rotterdam port into the rest of Europe, so Netherlands figures tends to be overstated.