What does America buy from South 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.
What does America export to Africa?
As Figure 1 demonstrates, U.S. trade with Africa is dominated by crude petroleum exports, which account for approximately 90 percent of all U.S.-Africa trade.
What is South Africa’s biggest import?
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).
Why is South Africa important to the US?
South Africa is a strategic partner of the United States, particularly in the areas of health, security, and trade. The two countries share development objectives throughout Africa, and South Africa plays a key economic and political role on the African continent.
What are the 5 major exports of South Africa?
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.
Who does South Africa trade with the most?
South Africa top 5 Export and Import partners
| Exporter | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| China | 16,265 | 18.47 |
| Germany | 8,692 | 9.87 |
| United States | 5,783 | 6.57 |
| India | 4,323 | 4.91 |
What are South Africa major imports and exports?
What can I import from South Africa?
Top 10
- Mineral fuels including oil: US$9.6 billion (14% of total imports)
- Machinery including computers: $9.1 billion (13.1%)
- Electrical machinery, equipment: $7.1 billion (10.3%)
- Vehicles: $4.4 billion (6.4%)
- Pharmaceuticals: $2.4 billion (3.5%)
- Plastics, plastic articles: $2 billion (3%)
How America affects South Africa?
Post Apartheid Bilateral cooperation in counter-terrorism, fighting HIV/AIDS, and military relations has been particularly positive. Through the U.S. Agency for International Development (USAID), the United States also provides assistance to South Africa to help them meet their developmental goals.
What is South Africa’s most profitable export?
Searchable List of South Africa’s Most Valuable Export Products
| Rank | South African Export Product | 2020 Value (US$) |
|---|---|---|
| 1 | Platinum (unwrought) | $10,741,017,000 |
| 2 | Gold (unwrought) | $6,789,948,000 |
| 3 | Iron ores, concentrates | $6,157,904,000 |
| 4 | Cars | $4,659,112,000 |
Which countries import South Africa?
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| South Africa Imports By Country | Value | Year |
|---|---|---|
| United States | $4.44B | 2020 |
| India | $3.58B | 2020 |
| Saudi Arabia | $2.69B | 2020 |
| Nigeria | $2.16B | 2020 |
How much does the United States import from South Africa?
U.S. goods imports from South Africa totaled $7.8 billion in 2019, down 7.9% ($666 million) from 2018, but up 32.7% from 2009.
What kind of goods does South Africa Import?
The top import categories (2-digit HS) in 2019 were: precious metal and stone (platinum) ($3.5 billion), iron and steel ($576 million), ores, slag, and ash (ashes and residues) ($524 million), vehicles ($435 million), and machinery ($414 million). U.S. total imports of agricultural products from South Africa totaled $389 million in 2019.
What kind of trade does the US have with South Africa?
Goods exports totaled $5.4 billion; goods imports totaled $7.8 billion. The U.S. goods trade deficit with South Africa was $2.4 billion in 2019. Trade in services with South Africa (exports and imports) totaled an estimated $4.6 billion in 2019. Services exports were $2.6 billion; services imports were $2.0 billion.
Who are the major import partners of South Africa?
The most common import partners for South Africa are China ($16.1B), Germany ($9.85B), United States ($5.44B), India ($4.18B), and Saudi Arabia ($3.69B).