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South Africa Exports
South Africa combines a developed first-world infrastructure with a vibrant emerging market economy to create huge investment potential.
The South African agricultural industry contributes around 10% of formal employment, relatively low compared to other parts of Africa, as well as providing work for casual laborers and contributing around 2.6% of GDP for the nation. Due to the aridity of the land, only 13.5% can be used for crop production, and only 3% is considered high potential land.
South Africa is rich in mineral resources and is the world's biggest exporter of platinum and chromium and the second largest exporter of manganese. Other South Africa's exports include iron ores, motor vehicles and car parts, machinery and mechanical appliances, gold, coal and diamonds. Main export partners of South Africa are China, the United States, Japan, Botswana and Germany. Others include Namibia, the Netherlands and the UK.
South Africa is the second largest producer of gold and is the world's largest producer of vanadium and vermiculite, the second largest producer of ilmenite, palladium, rutile and zirconium. It is also the world's third largest coal exporter. Although, mining only accounts for 3% of the GDP, down from around 14% in the 1980s. South Africa also has a large agricultural sector and is a net exporter of farming products.
Principal international trading partners of South Africa (besides other African countries) include Germany, the United States, China, Japan, the United Kingdom and Spain.
South Africa Imports
South Africa has a mixed economy, the second largest in Africa. It also has a relatively high GDP per capita compared to other countries in Sub-Saharan Africa.
South Africa is a popular tourist destination, and a substantial amount of revenue comes from tourism. Illegal immigrants are involved in informal trading. Many immigrants to South Africa continue to live in poor conditions, and the immigration policy has become increasingly restrictive since 1994.
South Africa main imports are fuel, nuclear reactors, boilers, machinery and mechanical appliances, motor vehicles and car parts, telephone sets, vegetables and live animals and animal products. Machinery and transportation equipment make up more than one-third of the value of South African imports. Other imports of South Africa include chemicals, manufactured goods, and petroleum, gold and computers.
Principal international trading partners of South Africa include Germany, the United States, China, Japan, the United Kingdom and Spain.
Customs requirements of South africa
South Africa Customs Contacts