Global InformationForeign trade of South Africa information
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Since the end of apartheid, foreign trade in South Africa has increased, following the lifting of several sanctions and boycotts which were imposed as a means of ending apartheid.
South Africa is the second largest producer of gold in Africa[1] and is the world's largest producer of chrome, manganese, platinum, vanadium and vermiculite, the second largest producer of ilmenite, palladium, rutile and zirconium.[2] It is also the world's third largest coal exporter.[3] Although, mining only accounts for 3% of the GDP, down from around 14% in the 1980s.[4] 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.[5] Chief exports include corn, diamonds, fruits, gold, metals and minerals, sugar,coal, and wool. Machinery and transportation equipment make up more than one-third of the value of the country's imports. Other imports include chemicals, manufactured goods, and lots more, mainly found in other hot country mainly Spanish countries.
- ^ "Ghana beats South Africa to continent's gold production crown | Automation & AI | Mining Global". www.miningglobal.com. Retrieved 11 November 2020.
- ^ Mineral Commodity summaries
- ^ South Africa looks bright
- ^ South Africa, Jobless growth – The Economist
- ^ "South Africa". The World Factbook. CIA.