Imports rose to ZAR 91.4 billion, as purchases rebounded for: equipment components (149 percent), machinery & electronics (12 percent), base metals (48 percent), chemical products (21 percent), plastic & rubber (41 percent) and textiles (53 percent). Meanwhile, vehicles & transport equipment (-34 percent) and mineral products imports (-12 percent) went down. Imports came mainly from China (19.9 percent of total imports), Germany (11.6 percent), the US (5.4 percent) Saudi Arabia (4.7 percent) and India (4.1 percent).
Exports declined to ZAR 80.6 billion mainly driven by lower sales of vehicles & transport equipment (-32 percent), mineral products (-10 percent), machinery & electronics (-25 percent), precious metals & stones (-7 percent), prepare foodstuff (-27 percent), chemical products (-12 percent) and base metals (-6 percent). Major destinations for exports were China (12 percent of total exports), the US (6.5 percent), Germany (6.4 percent), Japan (4.6 percent) and Botswana (4.4 percent).
Excluding trade with neighboring Botswana, Lesotho, Namibia and Swaziland, the country posted a trade gap of ZAR 17.6 billion in January.