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South Africa

South Africa ranked No. 40 in total trade value through October with a total of $11.55 billion. Exports totaled $4.74 billion and Imports totaled $6.82 billion, a deficit of $2.08 billion.

January – October 2018

Top Trading Ports

Total Trade: $11.55 billion

RankPortTotal YTD
1John F. Kennedy International Airport $3,163,624,811
2Port of New Orleans $940,783,600
3Port of Houston $884,578,976
4Port of Charleston $867,464,111
5Port of Newark $657,816,755
6Port of Baltimore, Md. $616,384,142
7Port of Virginia $552,973,459
8Port of New York $372,962,757
9Chicago O’Hare International Airport $305,313,850
10Hartsfield-Jackson Atlanta International Airport $246,859,809

U.S. trade with South Africa rose to $11.55 billion through October

South Africa’s trade with the United States rose to $11.55 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 9.24 percent above its total trade during the same time period last year. South Africa’s exports increased 11.24 percent while imports rose 7.89 percent. The U.S. deficit with South Africa was $2.08 billion.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of New Orleans; No. 3 Port of Houston; No. 4 Port of Charleston; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 Port of New Orleans No. 3 Port of Newark No. 4 Port of Houston and No. 5 Port of Baltimore, Md.. In the current time period, the top five accounted for 56.38 percent of South Africa’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 25.74 percent to $3.16 billion.
    Exports rose 24.38 percent to $319.17 million. Imports rose 25.89 percent to $2.84 billion.
  • Trade with No. 2 Port of New Orleans fell 7.45 percent to $940.78 million.
    Exports fell 33.57 percent to $130.43 million. Imports fell 1.2 percent to $810.35 million.
  • Trade with No. 3 Port of Houston rose 21.62 percent to $884.58 million.
    Exports rose 32.97 percent to $488.18 million. Imports rose 10.05 percent to $396.4 million.
  • Trade with No. 4 Port of Charleston rose 31.55 percent to $867.46 million.
    Exports rose 57.06 percent to $630.29 million. Imports fell 8.11 percent to $237.18 million.
  • Trade with No. 5 Port of Newark fell 19.16 percent to $657.82 million.
    Exports fell 31.23 percent to $153.65 million. Imports fell 14.59 percent to $504.17 million.

South Africa ranked No. 40 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 39.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to South Africa by value through October were the categories of Motor vehicle parts; Civilian aircraft, parts; Low value shipments; Gasoline, other fuels; and Parts for heavy machinery, respectively. They accounted for 23.95 percent of total exports to South Africa.

The value of the top five categories of U.S. imports from South Africa –– Unwrought platinum in various forms; Diamonds, not mounted; Ferroalloys 7202; Motor vehicles for transporting people; and Aluminum, unwrought –– accounted for 55.75 percent of all inbound shipments.

Looking more closely at U.S. exports to South Africa:

  • Motor vehicle parts rose 58.42 percent compared to last year to $367.72 million.
  • Civilian aircraft, parts rose 23.23 percent compared to last year to $264.22 million.
  • Low value shipments rose 11.44 percent compared to last year to $188.72 million.
  • Gasoline, other fuels fell 15.81 percent compared to last year to $172.76 million.
  • Parts for heavy machinery rose 14.79 percent compared to last year to $140.75 million.

Looking more closely at U.S. imports from South Africa:

  • Unwrought platinum in various forms rose 13.26 percent compared to last year to $1.73 billion.
  • Diamonds, not mounted rose 89.22 percent compared to last year to $935.46 million.
  • Ferroalloys 7202 fell 16.64 percent compared to last year to $462.23 million.
  • Motor vehicles for transporting people fell 48.84 percent compared to last year to $439.39 million.
  • Aluminum, unwrought rose 46.84 percent compared to last year to $230.64 million.

In the latest annual figures available, South Africa recorded $12.8 billion in trade with the United States. At year’s end, its were New York City; New Orleans; Houston; Baltimore; and Norfolk. Total U.S. exports to South Africa were $ 5.04 billion and imports from South Africa were $7.76 billion. The U.S. deficit with South Africa was $2.72 billion.