|
South Africa's trade with Egypt for 2018
Date: 29 July 2018 Category: Economics |
Related Topics |
|
We take a look at South Africa's international trade (imports and exports) with Egypt. Both South Africa and Egypt occupy spots in the Top 3 economies in Africa. With South Africa wearing the crown as the most industrialised economy in Africa. The other member of the Top 3 economies in Africa is Nigeria.
The article below will take a look at the imports from Egypt and South Africa's exports to Egypt for the period January 2018 to May 2018. |
|
SA's trade with Egypt
The bar chart below shows the imports from Egypt and the exports from South Africa to Egypt for the period January 2018 to May 2018 for various product category.
From the graphic it is clear that the standout is South African exports of mineral products to Egypt. The bulk of South Africa's exports to Egypt is made up by the category. Not surprising considering South Africa is such a mineral rich country with an abundance of mineral resources at its disposal. And on the flip side South Africa is a net importer of chemicals from Egypt (I.e we import more in chemicals from Egypt than what we export to Egypt. Chemicals is the biggest net export of Egypt to South Africa during 2018 so far. Another big net export for South Africa other than mineral products is Vehicles, Aircrafts and vessels. With South Africa being a net exporter of this to the tune of R91.2million.
The graphic below shows the trade balance per product category for the period in question.
The graphic below shows the trade balance per product category for the period in question.
The summary below provides the trade balance per category in descending order (from the biggest positive trade balance for South Africa to the biggest negative trade balance for South Africa):
- Mineral Products: R693 532 649
- Vehicles aircraft & vessels: R91 241 813
- Products Iron & Steel: R40 303 304
- Machinery: R 36 273 577
- Live animals: R15 649 365
- Other unclassified goods: R7 854 735
- Wood pulp & paper: R694 472
- Works of art: R80 704
- Precious Metal: -R1 380
- Animal or vegetable fats: -R7 430
- Wood Products: -R14 969
- Raw hides & leather: -R55 438
- Footwear: -R384 156
- Photographic & medical equipment: -R508 811
- Equipment Components: -R5 250 291
- Toys & Sport apparel: -R8 111 207
- Vegetables: -R11 150 492
- Stone & Glass: -R20 769 809
- Textiles: -R30 354 585
- Plastics & Rubber: -R31 686 918
- Prepared foodstuffs: -R64 908 094
- Chemicals: -R79 730 715