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South Africa

South Africa ranked No. 39 in total trade value through February with a total of $2.03 billion. Exports totaled $858.41 million and Imports totaled $1.17 billion, a deficit of $315.76 million.

January – February 2019

Top Trading Ports

Total Trade: $2.03 billion

RankPortTotal YTD
1John F. Kennedy International Airport $543,100,867
2Port of Charleston $156,412,106
3Port of Houston $156,024,765
4Port of Baltimore, Md. $138,396,864
5Port of New Orleans $110,116,808
6Port of Newark $105,311,023
7Port of Virginia $77,005,707
8Port of New York $69,864,132
9Seattle-Tacoma International Airport $61,187,602
10Port of Mobile, Ala. $55,096,465

U.S. trade with South Africa rose to $2.03 billion through February

South Africa’s trade with the United States rose to $2.03 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 6.02 percent above its total trade during the same time period last year. South Africa’s exports increased 13.78 percent while imports rose 0.99 percent. The U.S. deficit with South Africa was $315.76 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of Charleston; No. 3 Port of Houston; No. 4 Port of Baltimore, Md.; and No. 5 Port of New Orleans. 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 Charleston No. 4 Port of Newark and No. 5 Port of Baltimore, Md.. In the current time period, the top five accounted for 54.32 percent of South Africa’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 24.6 percent to $543.1 million.
    Exports rose 24.16 percent to $75.3 million. Imports rose 24.67 percent to $467.8 million.
  • Trade with No. 2 Port of Charleston rose 3.89 percent to $156.41 million.
    Exports rose 14.81 percent to $120.58 million. Imports fell 21.31 percent to $35.83 million.
  • Trade with No. 3 Port of Houston rose 41.81 percent to $156.02 million.
    Exports rose 27.32 percent to $64.47 million. Imports rose 54.17 percent to $91.55 million.
  • Trade with No. 4 Port of Baltimore, Md. rose 11.31 percent to $138.4 million.
    Exports rose 18.89 percent to $35.07 million. Imports rose 8.95 percent to $103.33 million.
  • Trade with No. 5 Port of New Orleans fell 36.48 percent to $110.12 million.
    Exports fell 47.39 percent to $15.3 million. Imports fell 34.28 percent to $94.82 million.

South Africa ranked No. 39 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 41.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to South Africa by value through February were the categories of Civilian aircraft, parts; Motor vehicle parts; Low value shipments; Unwrought platinum in various forms; and Diamonds, not mounted, respectively. They accounted for 31.07 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; Aluminum, unwrought; and Ash and residues, with metal content –– accounted for 49.77 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 268.81 percent compared to last year to $113.18 million.
  • Motor vehicle parts rose 79.19 percent compared to last year to $80.22 million.
  • Low value shipments fell 0.07 percent compared to last year to $30.09 million.
  • Unwrought platinum in various forms fell 10.21 percent compared to last year to $22.34 million.
  • Diamonds, not mounted rose 92.25 percent compared to last year to $20.91 million.

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

  • Unwrought platinum in various forms rose 12.51 percent compared to last year to $287.44 million.
  • Diamonds, not mounted rose 60.79 percent compared to last year to $142.75 million.
  • Ferroalloys 7202 fell 39.31 percent compared to last year to $59.68 million.
  • Aluminum, unwrought rose 16.16 percent compared to last year to $47.9 million.
  • Ash and residues, with metal content rose 31.28 percent compared to last year to $46.65 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.