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In 2018, South Africa exported and imported goods to and from the rest of Africa to the value of US$25 billion and US$11.5 billion, respectively. Intra-Africa exports account for 26% of South Africa's total exports and imports for 12% of total imports for 2018. South African exports to the rest of Africa are predominantly of value-added goods.
The economy of South Africa is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [26][27][28] The economy is the most industrialised, technologically advanced, and diversified in Africa. [29] Following 1996, at the end of over twelve years of international sanctions, South Africa's ...
For most economies worldwide, their leading export and import trading partners in terms of value are typically the European Union (EU) or China, with the United States also being a significant player. Emerging markets such as Russia, Brazil, India, South Africa, and Turkey are becoming increasingly important as major markets or source countries ...
Exports of goods and services (US$ million) by country [1] Country Exports Year Top export (2021) [2] China: 3,511,248 2023 Broadcasting equipment United States: 3,051,824 2023 Petroleum Germany: 2,104,251 2023 Cars United Kingdom: 1,074,781 2023 Gold France: 1,051,679 2023 Packaged medications Netherlands: 949,983 2023 Petroleum Japan: 920,737 ...
Print/export Download as PDF; ... This article lists the provinces of South Africa by their gross regional domestic product ... Free State: 326.929 20.041 6,766 9 ...
In 2016 the economy grew by 2.7% with an annual inflation rate of 6.3%. [3] The province accounts for 14% of South Africa's total GDP with Cape Town accounting for 9.9% of the country's total GDP in 2016. [3] The Western Cape has a GDP per capita of R97,664 in comparison to the South African average of R81,875 per capita in 2017. [10]
Petroleum and petroleum products accounted for a 46.6% share of Africa's total exports in 2010; the second largest export of Africa as a whole is natural gas, in its gaseous state and as liquified natural gas, accounting for a 6.3% share of Africa's exports. [140] Only South Africa is using nuclear power commercially. [141]
The Gauteng Province's total GDP for 2022 was R 2.2 trillion (US$ 135 billion), making the province the single largest contributor to South Africa's GDP with a contribution of 33%, [1] despite having only 1.4% of South Africa's land area. [8] Gauteng's Gini coefficient of 0.62 makes it more equal than South Africa (the Gini coefficient of which ...