Port Elizabeth

Overview In February 2024 Port Elizabeth exported ZAR11.1B and imported ZAR10.8B, resulting in a positive trade balance of ZAR313M. Between February 2022 and February 2024 the exports of Port Elizabeth have increased by $3.02B (37.4%) from ZAR8.09B to ZAR11.1B, while imports increased by ZAR4.55B (72.7%) from ZAR6.26B to ZAR10.8B.

Trade In February 2024, the top exports of Port Elizabeth were Cars (ZAR5.2B), Manganese Ore (ZAR2.33B), Centrifuges (ZAR962M), Wool (ZAR517M), and Grapes (ZAR278M). In February 2024 the top imports of Port Elizabeth were Commodities not elsewhere specified (ZAR2.91B), Reaction and Catalytic Products (ZAR882M), Motor vehicles; parts and accessories (8701... (ZAR837M), Refined Petroleum (ZAR806M), and Cars (ZAR391M).

Destinations In February 2024, Port Elizabeth exported mostly to Germany (ZAR3.43B), United Kingdom (ZAR2.2B), China (ZAR2.05B), Japan (ZAR490M), and Malaysia (ZAR320M), and imported mostly from Germany (ZAR2.29B), Poland (ZAR885M), India (ZAR722M), Spain (ZAR670M), and China (ZAR666M).

Growth In February 2024, the increase in Port Elizabeth's year-by-year exports was explained primarily by an increase in exports to United Kingdom (ZAR2.13B or 3.05k%), Germany (ZAR397M or 13.1%), and Japan (ZAR347M or 243%), and product exports increase in Cars (ZAR3.01B or 138%), Grapes (ZAR165M or 147%), and Motor vehicles; parts and accessories (8701... (ZAR82.2M or 55.6%). In February 2024, the increase in Port Elizabeth's year-by-year imports was explained primarily by an increase in imports from North Macedonia (ZAR609M or 17.8k%), India (ZAR400M or 125%), and Poland (ZAR378M or 74.6%), and product imports increase in Reaction and Catalytic Products (ZAR824M or 1.4k%), Refined Petroleum (ZAR500M or 164%), and Commodities not elsewhere specified (ZAR405M or 16.2%).