TIPS - Janet Wilhelm - Results from #150

In the second quarter of 2023, South Africa’s merchandise exports saw a notable year-on-year decline, falling by 10.2% to R490 billion (constant rand terms) from R546 billion in Q2 2022, with a marginal drop of 0.1% from the previous quarter (Q1 2023). The fall in exports continues to be driven by a drop in mining exports, which saw a 20% decline due to a fall in the price of coal. Growth in imports moderated, slowing down to a year-on-year increase of 1.5%, amounting to R481 billion in Q2 2023, and a 2.3% decrease from the previous quarter. The moderation of imports resulted in a reversal of the trade deficit experienced in the first quarter of 2023, with South Africa’s trade balancing amounting to R9.6 billion.

Published in TIPS Export Tracker

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24 October 2023

TIPS Imports localisation and supply chain disruption study - First Quarter 2023

The Import Localisation and Supply Chain Disruption study is a quarterly report that seeks to identify goods from the list of imports identified in the Import Tracker report that South Africa could possibly viably manufacture. Each quarter focuses on five manufactured items from the list of imports in the corresponding quarter's Import Tracker report. The five products in this report are:

Product 1: Wheat and meslin (excluding seed for sowing, and durum wheat)

Product 2: Extracts, essences and concentrates, of coffee: Other

Product 3: Folding cartons, boxes and cases, of non-corrugated paper or paperboard

Product 4: Ethylene-alpha-olefins copolymers, having a specific gravity of < 0,94, in primary forms

Product 5: Polyethylene with a specific gravity of >= 0.94, in primary forms

Download: TIPS Import Tracker - First Quarter 2023

Published in Imports Localisation

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