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South Africa

South Africa ranked No. 39 in total trade value through August with a total of $8.67 billion. Exports totaled $3.61 billion and Imports totaled $5.06 billion, a deficit of $1.45 billion.

January – August 2019

Top Trading Ports

Total Trade: $8.67 billion

RankPortTotal YTD
1John F. Kennedy International Airport $2,447,978,609
2Port of Charleston $713,324,733
3Port of Houston $612,639,646
4Port of New Orleans $564,777,427
5Port of Baltimore, Md. $504,510,449
6Port of Newark $482,891,926
7Port of Virginia $352,598,858
8Port of New York $288,474,869
9Chicago O’Hare International Airport $209,892,225
10Port of Mobile, Ala. $160,966,583

U.S. trade with South Africa rose to $8.67 billion through August

South Africa’s trade with the United States rose to $8.67 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 6.21 percent below its total trade during the same time period last year. U.S. exports to South Africa decreased 4.34 percent while U.S. imports from South Africa fell 7.5 percent. The U.S. deficit with South Africa was $1.45 billion.

Through August, 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 New Orleans; and No. 5 Port of Baltimore, Md.. 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 Houston No. 4 Port of Charleston and No. 5 Port of Newark. In the current time period, the top five accounted for 55.84 percent of South Africa’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 0.36 percent to $2.45 billion.
    Exports rose 11.63 percent to $279.99 million. Imports fell 0.93 percent to $2.17 billion.
  • Trade with No. 2 Port of Charleston rose 5.17 percent to $713.32 million.
    Exports rose 8.71 percent to $530.62 million. Imports fell 3.91 percent to $182.7 million.
  • Trade with No. 3 Port of Houston fell 16.51 percent to $612.64 million.
    Exports fell 30.49 percent to $294.98 million. Imports rose 2.67 percent to $317.66 million.
  • Trade with No. 4 Port of New Orleans fell 28.74 percent to $564.78 million.
    Exports fell 23.79 percent to $84.07 million. Imports fell 29.54 percent to $480.7 million.
  • Trade with No. 5 Port of Baltimore, Md. fell 4.07 percent to $504.51 million.
    Exports rose 10.09 percent to $131.5 million. Imports fell 8.23 percent to $373.01 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. 39.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to South Africa by value through August were the categories of Motor vehicle parts; Civilian aircraft, parts; Low value shipments; Diamonds, not mounted; and Gasoline, other fuels, respectively. They accounted for 23.81 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; Ash and residues, with metal content; and Aluminum, unwrought –– accounted for 50.96 percent of all inbound shipments.

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

  • Motor vehicle parts rose 13.1 percent compared to last year to $320.47 million.
  • Civilian aircraft, parts rose 23.84 percent compared to last year to $230.95 million.
  • Low value shipments fell 7.49 percent compared to last year to $140.1 million.
  • Diamonds, not mounted rose 44.37 percent compared to last year to $93.88 million.
  • Gasoline, other fuels fell 53.13 percent compared to last year to $74.79 million.

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

  • Unwrought platinum in various forms fell 8.55 percent compared to last year to $1.26 billion.
  • Diamonds, not mounted fell 3.41 percent compared to last year to $653.89 million.
  • Ferroalloys 7202 fell 29.57 percent compared to last year to $275.12 million.
  • Ash and residues, with metal content rose 31.3 percent compared to last year to $212.9 million.
  • Aluminum, unwrought fell 9.93 percent compared to last year to $176.05 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.