© 2020 Moody’s Analytics, Inc. and/or its affiliates and licensors. exports of services to South Africa were an estimated $2.9 billion in 2018, 1.3% ($37 million) more than 2017, and 29.4% greater than 2008 levels. Figures for the past four years are preliminary and subject to revision during the fourth quarter update. In accordance with international best practice, national accounts are rebased and benchmarked every five years.Statistics South Africa (Stats SA) disseminates quarterly data on GDP compiled according to the production approach (GVA).

The following charges are penalty surcharges when agreed free time has been exceeded and appear on applicable export shipments from South Africa, Botswana, Lesotho and Swaziland. Top South African Exports 2019 South Africa shipped US$90.2 billion worth of goods around the globe in 2019, up by 12.4% since 2015 but down by -4.4% from 2018 to 2019. The following chart shows the distribution of South Africa’s export partners. Economic Data, Research, Advisory, Forecasting The U.S. services trade surplus with South Africa was $887 million in 2018.According to the Department of Commerce, U.S. exports of Goods and Services to South Africa supported an estimated 46 thousand jobs in 2015 (latest data available) (26 thousand supported by goods exports and 20 thousand supported by services exports).South Africa was the United States' 42nd largest goods export market in 2018.U.S. The publication is divided in two parts: an analytical section and a statistical section.Debt-service cost is defined as the interest payments on household's outstanding debt. Annual production in 2007 was 535,000 vehicles, out of a global production of 73 million units in the same year. The U.S. goods and services trade deficit with South Africa was $2.1 billion in 2018.South Africa is currently our 38th largest goods trading partner with $14.0 billion in total (two way) goods trade during 2018. Relatedness measures the distance between a product, and all of the products it is currently specialized in.The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Ores, slag and ash was the fastest grower among the top 10 export categories, up by 11.1% since 2018.

The charges listed are: Effective from: 01/04/2020 Expired on: 31/03/2021 Export Detention. exclusive survey of global business confidence. © 2020 Moody’s Analytics, Inc. and/or its affiliates and licensors. South Africa's direct investment in the U.S. is led by wholesale trade, information services, and information services.Sales of services in South Africa by majority U.S.-owned affiliates were $6.3 billion in 2016 (latest data available), while sales of services in the United States by majority South Africa-owned firms were $499 million. Although, mining only accounts for 3% of the GDP, Although iron ore is in demand for construction projects around the world, the value of iron exports has actually fallen by just over 45% in the most recent five-year period. imports of services from South Africa were an estimated $2.0 billion in 2018, 6.3% ($120 million) more than 2017, and 16.1% greater than 2008 levels.
“On the one hand is a small high-skilled, high-productivity economy and on the other hand, a large low-skilled, low-productivity one.

The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.The top product import tariffs by their MFN Ad Valorem value for South Africa are Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.During the last 20 years South Africa's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨37th to the 59th⁩ position in the ECI rank.These economic complexity rankings use 6 digit exports classified according to the HS96 classification. Join your colleagues in participating in this

During the last five reported years the exports of South Africa have changed by $4.31B from $111B in 2013 to $115B in 2018.In 2018 South Africa imported $95.5B, making it the number 37 trade destination in the world. Leading categories include: tree nuts ($80 million), other fresh fruit ($71 million), wine and beer ($51 million), processed fruit & vegetables ($43 million), and essential oils ($19 million).U.S. the company visit

We are committed to becoming the most loved and trusted online platform in South African trading. South Africa is the second largest producer of gold and is the world's largest producer of chrome, manganese, platinum, vanadium and vermiculite, the second largest producer of ilmenite, palladium, rutile and zirconium. South Africa Trade: Exports. This section shows exports and imports data at subnational level for South Africa.

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