Formerly called Zuid-Afrika, South Africa continues to face international trade challenges related to its geographic distances from South African trading partners like mainland China, Germany and the United States of America. South Africa exported US$110.5 billion worth of products around the globe in 2024. That dollar amount results from a 28.9% increase compared to $85.7 … [Read more...] about Top South African Trading Partners
Africa
South Africa’s Top 10 Imports
The Republic of South Africa imported US$101.3 billion worth of products from around the globe in 2024. That dollar amount reflects a 47.4% increase over the 5-year period starting from $68.7 billion in 2020. Year over year, overall South African spending on imported products fell by -5.6% compared to $107.3 billion in 2023. Based on the average exchange rate for 2024, the … [Read more...] about South Africa’s Top 10 Imports
South Africa’s Top 10 Exports
The African continent’s southernmost country, the Republic of South Africa shipped US$110.5 billion worth of exported products around the world in 2024. That dollar amount reflects a 28.9% gain compared to $85.7 billion five years earlier during 2020. Year over year, the overall value of South African exports flatlined via a -0.2% dip from $110.7 billion in 2023. Based on … [Read more...] about South Africa’s Top 10 Exports
Morocco’s Main Imported Products
Located on the northwest coast of Africa, Morocco spent a total US$70.7 billion on products imported in 2023. Morocco’s overall spending on imported goods increased by 38.4% over a 5-year period starting from $51.1 billion in 2019. Year over year, the total value of Moroccan imports decelerated by -3% compared to $72.8 billion for 2022. Based on the average exchange rate for … [Read more...] about Morocco’s Main Imported Products
Benin’s Top 10 Exports
Located in West Africa bordered to its east by Nigeria and to its west by Togo, the Republic of Benin shipped US$1.05 billion worth of exported products around the world in 2023. That dollar amount results from a 24% gain from $850.7 million 5 years earlier in 2019. Year over year, the overall value of Benin’s exported products accelerated by -17.2% compared to $899.9 million … [Read more...] about Benin’s Top 10 Exports