Overview In February 2024 South Africa's Commodities not elsewhere specified exports accounted up to ZAR184M and imports accounted up to ZAR12.2B, resulting in a negative trade balance of ZAR12B. Between February 2023 and February 2024 the exports of South Africa's Commodities not elsewhere specified have increased by ZAR118M (176%) from ZAR66.7M to ZAR184M, while imports decreased by ZAR-184M (-1.48%) from ZAR12.4B to ZAR12.2B.
Destinations In February 2024, Commodities not elsewhere specified were exported mostly to Provision of Ships and Aircraft (ZAR119M), United Arab Emirates (ZAR13.5M), United Kingdom (ZAR13.4M), France (ZAR7.68M), and Switzerland (ZAR4.58M), and were imported mostly from Germany (ZAR4.83B), Thailand (ZAR1.15B), Japan (ZAR694M), United States (ZAR692M), and China (ZAR491M).
Growth In February 2024, the increase in Commodities not elsewhere specified's year-by-year exports was explained primarily by an increase in exports to Provision of Ships and Aircraft (ZAR16.7M or 36.6%), Sweden (ZAR2.05M or 49.7k%), and Botswana (ZAR698k or 73%). In February 2024, the decrease in Commodities not elsewhere specified's year-by-year imports was explained primarily by a decrease in imports from Thailand (ZAR-886M or -28.8%), Belgium (ZAR-111M or -80.3%), and Japan (ZAR-89.4M or -7.53%).