What does SA export to Germany?
In 2019, South Africa exported $8.1B to Germany. The main products exported from South Africa to Germany were Cars ($3.7B), Iron Ore ($808M), and Centrifuges ($666M). During the last 24 years the exports of South Africa to Germany have increased at an annualized rate of 6.34%, from $1.85B in 1995 to $8.1B in 2019.
What gets imported to Germany?
Germany’s imports are mainly based on petroleum, cars and vehicle parts. Germany’s most imported product is petroleum under different forms: crude, refined or gas and it constitutes almost 14% of the country’s total imports. Then Germany’s imports focus on vehicles and vehicle parts that together occupy almost 7%.
What does South Africa export to Europe?
South Africa’s primary exports to the EU are fuels and mining products, machinery and transport equipment, and other semi-manufactured goods. EU exports to South Africa are dominated by machinery and transport equipment, chemicals, and other semi-machinery items.
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.
Why is Germany a good trading partner?
Germany is an important trading partner worldwide. In terms of exports, the emphasis is on motor vehicles and automotive components, machines, chemical products, IT appliances and electronic products. These four product groups account for a good half of German exports.
Is Germany a developing country?
The economy of Germany is a highly developed social market economy.
Economy of Germany.
|Trade organisations||EU, WTO and OECD|
|Country group||Developed/Advanced High-income economy|
|Population||83,166,711 (1 January 2020)|
|GDP||$4.55 trillion (nominal; 2022 est.) $5.20 trillion (PPP; 2022 est.)|
What are the top three imports of Germany?
Imports The top imports of Germany are Cars ($75B), Vehicle Parts ($41.1B), Packaged Medicaments ($30.5B), Crude Petroleum ($29.4B), and Refined Petroleum ($23.5B), importing mostly from Netherlands ($106B), China ($96.9B), France ($76.2B), Belgium ($68.9B), and Poland ($68.4B).
Which products are in demand in Germany?
Popular product categories
Among top products purchased by German online buyers are clothing/footwear, books, home electronics, CDs and films/DVDs.
What are the top 10 imports of Germany?
Here, we take a comprehensive look at the detailed analysis of 10 major imports of Germany and statistics are based on 2017 data.
- Machinery and Mechanical Appliances. …
- Electrical Machinery and Equipment. …
- Vehicles and its accessories. …
- Mineral Fuels & Oils. …
- Pharmaceutical Products. …
- Plastics. …
- Optical. …
- Organic Chemicals.
What does South Africa import from other countries?
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).
Does South Africa import or export more?
10 February 2020: South Africa’s biggest trading partners for December 2019. … 8 billion positive trade balance with the rest of the world. Basically South Africa exported R14. 8 billion more in goods than what it imported.
What is SA biggest export?
Exports The top exports of South Africa are Gold ($16.8B), Platinum ($9.62B), Cars ($7.61B), Iron Ore ($6.73B), and Coal Briquettes ($5.05B), exporting mostly to China ($16.7B), United Kingdom ($8.5B), Germany ($8.1B), United States ($6.83B), and India ($6.03B).