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  August 2019 South Africa Trade Information

South Africa Statistics: August 2019 South Africa Trade Information
 
According to the statistics of the South African National Taxation Bureau, from January to August 2019, the import and export volume of South African goods was US$118.73 billion, down 4.7% from the same period of the previous year (the same below). Among them, exports were US$ 59.41 billion, down 4.7%; imports were US$ 59.31 billion, down 4.7%. The trade surplus was $100 million, a drop of 4.3%.
 
In August, the import and export of South African goods was US$ 15.64 billion, down 1.8%. Among them, exports were US$8.04 billion, down 2.8%; imports were US$7.6 billion, down 0.8%. The trade surplus was 450 million US dollars, down 27.6%.
 
From January to August, the import and export volume of bilateral goods between South Africa and China was US$172.9, an increase of 0.2%. Among them, South Africa's exports to China reached 6.39 billion US dollars, an increase of 10%, accounting for 10.8% of South Africa's total exports, an increase of 1.5 percentage points; South Africa's imports from China 10.9 billion US dollars, down 4.8%, accounting for 18.4% of South Africa's total imports. South Africa’s trade deficit with China was US$4.52 billion, down 20.1%.
 
As of August, China is South Africa's largest trading partner and South Africa's largest export market and the largest source of imports.

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