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South Africa

South Africa ranked No. 39 in total trade value through March with a total of $3.06 billion. Exports totaled $1.32 billion and Imports totaled $1.74 billion, a deficit of $416.87 million.

January – March 2019

Top Trading Ports

Total Trade: $3.06 billion

RankPortTotal YTD
1John F. Kennedy International Airport $820,756,123
2Port of Charleston $251,979,777
3Port of Houston $217,237,761
4Port of Baltimore, Md. $192,066,856
5Port of New Orleans $183,786,626
6Port of Newark $170,112,394
7Port of Virginia $122,069,613
8Port of New York $100,989,397
9Chicago O’Hare International Airport $76,608,553
10Port of Mobile, Ala. $65,200,135

U.S. trade with South Africa rose to $3.06 billion through March

South Africa’s trade with the United States rose to $3.06 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.97 percent below its total trade during the same time period last year. South Africa’s exports decreased 0.36 percent while imports fell 9.84 percent. The U.S. deficit with South Africa was $416.87 million.

Through March, 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 Houston No. 4 Port of Charleston and No. 5 Port of Newark. In the current time period, the top five accounted for 54.39 percent of South Africa’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 4.08 percent to $820.76 million.
    Exports rose 27.59 percent to $110.51 million. Imports rose 1.18 percent to $710.25 million.
  • Trade with No. 2 Port of Charleston rose 15 percent to $251.98 million.
    Exports rose 14.61 percent to $182.7 million. Imports rose 16.06 percent to $69.28 million.
  • Trade with No. 3 Port of Houston fell 1.66 percent to $217.24 million.
    Exports fell 11.3 percent to $102.86 million. Imports rose 9 percent to $114.37 million.
  • Trade with No. 4 Port of Baltimore, Md. rose 11.94 percent to $192.07 million.
    Exports rose 23.69 percent to $54.18 million. Imports rose 7.92 percent to $137.89 million.
  • Trade with No. 5 Port of New Orleans fell 40.87 percent to $183.79 million.
    Exports fell 47.02 percent to $26.73 million. Imports fell 39.67 percent to $157.05 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. 40.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to South Africa by value through March were the categories of Civilian aircraft, parts; Motor vehicle parts; Low value shipments; Diamonds, not mounted; and Unwrought platinum in various forms, respectively. They accounted for 29.07 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 50.9 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 206.73 percent compared to last year to $151.69 million.
  • Motor vehicle parts rose 67.41 percent compared to last year to $123.07 million.
  • Low value shipments fell 11.81 percent compared to last year to $48 million.
  • Diamonds, not mounted rose 142.59 percent compared to last year to $33.26 million.
  • Unwrought platinum in various forms fell 11.23 percent compared to last year to $28.48 million.

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

  • Unwrought platinum in various forms fell 11.35 percent compared to last year to $389.39 million.
  • Diamonds, not mounted rose 21.58 percent compared to last year to $262.2 million.
  • Ferroalloys 7202 fell 33.79 percent compared to last year to $97.79 million.
  • Aluminum, unwrought rose 4.09 percent compared to last year to $82.23 million.
  • Ash and residues, with metal content fell 10.28 percent compared to last year to $53.86 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.