Start Searching the Answers
The Internet has many places to ask questions about anything imaginable and find past answers on almost everything.
Economy of Egypt
|Exports||$87.89 billion (2018 est.)|
|Export goods||crude oil and petroleum products, cotton, textiles, metal products, chemicals, agricultural goods|
|Main export partners||United States 9% United Arab Emirates 6% Italy 6% Turkey 6% Saudi Arabia 6% India 5% (2019)|
|Imports||$115.35 billion (2018 est.)|
Imports: The top imports of Egypt are Refined Petroleum ($5.87B), Wheat ($4.67B), Crude Petroleum ($2.62B), Cars ($2.24B), and Packaged Medicaments ($1.79B), importing mostly from China ($12.5B), Russia ($5.46B), United States ($5.06B), Saudi Arabia ($5.05B), and Germany ($4.05B).
Egypt’s main exports consist of natural gas, and non-petroleum products such as ready-made clothes, cotton textiles, medical and petrochemical products, citrus fruits, rice and dried onion, and more recently cement, steel, and ceramics.
Top 10 exporting countries in Africa
In the south and central regions, precious metals and minerals are the biggest exports. This includes gold in Tanzania and South Africa, diamonds in Namibia and the Democratic Republic of the Congo and platinum in Zimbabwe. The World Economic Forum on Africa 2016 will take place in Kigali, Rwanda from 11-13 May.
In most African states one or two primary commodities dominate the export trade—e.g., petroleum and petroleum products in Libya, Nigeria, Algeria, Egypt, Gabon, the Republic of the Congo, and Angola; iron ore in Mauritania and Liberia; copper in Zambia and the Democratic Republic of the Congo; cotton in Chad; coffee in …
South Africa’s Top 5 Commodity Imports
One of the main exports to Africa is textiles and different clothing. Clothes will always be a must and a basic necessity which is why they are a great opportunity for those wanting to export to Africa.
This category includes gold, platinum and diamonds. The second biggest export category for South Africa to the USA is products of Iron and Steel with just over 18% of South African exports to the USA and the third biggest export category being Mineral products with just under 16%. This category includes iron ore.
Chief exports include corn, diamonds, fruits, gold, metals and minerals, sugar, and wool. Machinery and transportation equipment make up more than one-third of the value of the country’s imports.
Agriculture exports to the U.S. have grown significantly since AGOA, from $59 million in 2001 to $261 million in 2014. The main exports of agriculture products to the U.S. are cocoa paste and powder, citrus fruits, edible nuts, wine, unmanufactured tobacco, and vegetables.
South Africa’s top trading partners are China, Germany, the United States, the UK, India and Japan. South Africa is the EU’s largest trading partner in Africa….Main Partner Countries.
|Main Customers (% of Exports)||2019|
South Africa main imports are: machinery (23.5 percent of total imports), mineral products (15.1 percent), vehicles and aircraft vessels (10 percent), chemicals (10.9 percent), equipment components (8.1 percent) and iron and steel products (5.3 percent).
South Africa Imports from Russia of Parachutes and Rotochutes was US$253 during 2019, according to the United Nations COMTRADE database on international trade. South Africa Imports from Russia of Parachutes and Rotochutes – data, historical chart and statistics – was last updated on June of 2021.
|South Africa exports to Germany||Value||Year|
|Miscellaneous chemical products||$201.82M||2020|
|Edible fruits, nuts, peel of citrus fruit, melons||$104.65M||2020|
|Mineral fuels, oils, distillation products||$83.45M||2020|
|Beverages, spirits and vinegar||$80.83M||2020|
For 2020, the composition of South Africa’s exports to the UK changed. The top 10 exports for 2019 were platinum, vehicles, iron ores, grapes, and catalytic converters. Six of the top 10 export products for 2020 are base metals – platinum, rhodium, and palladium.
|South Africa imports from Germany||Value||Year|
|Optical, photo, technical, medical apparatus||$233.76M||2020|
|Miscellaneous chemical products||$175.27M||2020|
|Pearls, precious stones, metals, coins||$146.80M||2020|
|Paper and paperboard, articles of pulp, paper and board||$146.02M||2020|
South Africa exports mainly primary products (base metals, agricultural products, etc) to Japan whilst importing technology-intensive goods from Japan.
Currently the value of Imports and Exports per quarter equates to roughly 60% of South Africa’s Gross Domestic Product (GDP). So trade is an extremely import part of the South African economy.
Here are a few reasons why international trade is important for South Africa: International trade boosts the economy as goods can be sourced from countries with cheaper production costs – this also lowers the cost of goods for consumers. It attracts foreign investors and improves international relations.
Citrus, wine, table grapes, corn and wool accounted for the largest exports by value. South Africa also exports nuts, sugar, mohair, apples and pears to name just a few products.
Searchable List of South Africa’s Most Valuable Export Products
|RANK||SOUTH AFRICAN EXPORT PRODUCT||2019 VALUE (US$)|
|3||Iron ores, concentrates||$5,743,361,000|
|4||Coal, solid fuels made from coal||$4,838,972,000|
South Africa is synonymous for its mineral riches such gold, diamond, platinum, manganese-ore and coal, while the fruits of its farming industry are savoured over the world. This includes wine, fruit, medicinal plants, wool, livestock, game and cut flowers.
South Africa is a net exporter of beef, but also imports relatively large volumes of this meat. This means that there is effectively a national oversupply of beef and it therefore makes sense to increase exports.