Cape Town

Overview In August 2024 Cape Town exported ZAR13.5B and imported ZAR13.8B, resulting in a negative trade balance of ZAR365M. Between August 2023 and August 2024 the exports of Cape Town have increased by $170M (1.28%) from ZAR13.3B to ZAR13.5B, while imports increased by ZAR1.52B (12.3%) from ZAR12.3B to ZAR13.8B.

Trade In August 2024, the top exports of Cape Town were Citrus (ZAR4.74B), Refined Petroleum (ZAR1.08B), Apples and Pears (ZAR1.02B), Wine (ZAR718M), and Recreational Boats (ZAR657M). In August 2024 the top imports of Cape Town were Crude Petroleum (ZAR3.21B), Electric Generating Sets (ZAR496M), Refined Petroleum (ZAR426M), Semiconductor Devices (ZAR347M), and Rubber Footwear (ZAR233M).

Destinations In August 2024, Cape Town exported mostly to Netherlands (ZAR1.92B), United States (ZAR1.38B), United Kingdom (ZAR1.08B), China (ZAR903M), and United Arab Emirates (ZAR705M), and imported mostly from China (ZAR4.53B), Nigeria (ZAR3.21B), India (ZAR616M), Italy (ZAR485M), and Germany (ZAR450M).

Growth In August 2024, the increase in Cape Town's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (ZAR385M or 121%), Kenya (ZAR284M or 367%), and Provision of Ships and Aircraft (ZAR155M or 304%), and product exports increase in Refined Petroleum (ZAR663M or 159%), Animal Meal and Pellets (ZAR129M or 134%), and Refined Copper (ZAR122M or 160%). In August 2024, the increase in Cape Town's year-by-year imports was explained primarily by an increase in imports from Nigeria (ZAR3.21B or 64.3k%), China (ZAR1.18B or 35.1%), and Argentina (ZAR157M or 326%), and product imports increase in Crude Petroleum (ZAR1.42B or 79.1%), Electric Generating Sets (ZAR437M or 733%), and Non-fillet Frozen Fish (ZAR147M or 195%).