DRT-Int.com offers the cheapest shipping rates and services to and from South Africa! Here are some facts about South Africa and the reason why DRT International has singled out this country as an emerging market and a country exporters should seriously consider:
U.S.-South Africa Trade Facts
- U.S. goods and services trade with South Africa totaled $21 billion in 2012 (latest data available). Exports totaled $10 billion; Imports totaled $11 billion. The U.S. goods and services trade deficit with South Africa was $0.3 billion in 2012.
- South Africa is currently our 38th largest goods trading partner with $15.8 billion in total (two ways) goods trade during 2013. Goods exports totaled $7.3 billion; Goods imports totaled $8.5 billion. The U.S. goods trade deficit with South Africa was $1.2 billion in 2013.
- Trade in services with South Africa (exports and imports) totaled $4.6 billion in 2012 (latest data available). Services exports were $2.7 billion; Services imports were $1.9 billion. The U.S. services trade surplus with South Africa was $770 million in 2012.
- South Africa was the United States’ 36th largest goods export market in 2013.
- U.S. goods exports to South Africa in 2013 were $7.3 billion, down 3.4% ($259 million) from 2012, but up 159% from 2003.
- The top export categories (2-digit HS) for 2013 were: Machinery ($1.6 billion), Precious Stones (gold) ($1.1 billion), Vehicles ($1.0 billion), Electrical Machinery ($418 million), and Optic and Medical Instruments ($362 million).
- U.S. exports of agricultural products to South Africa totaled $295 million in 2013. Leading categories includes: dairy products ($28 million), wheat ($25 million), planting seeds ($24 million), and poultry meat ($24 million).
- U.S. exports of private commercial services* (i.e., excluding military and government) to South Africa were $2.7 billion in 2012 (latest data available), 1.8% ($50 million) less than 2011 but 115% greater than 2002 levels. Other private services (business, professional, and technical services), and royalties and license fees (computer software and industrial processes) categories accounted for most of U.S. services exports to South Africa.
South Africa was the United States’ 39th largest supplier of goods imports in 2013. U.S. goods imports from South Africa totaled $8.5 billion in 2013, a 2.2% decrease ($193 million) from 2012, but up 83% from 2003.
The five largest import categories in 2013 were: Precious Stones (platinum and diamonds) ($2.6 billion), Vehicles (cars) ($2.3 billion), Iron and Steel ($696 million), Ores, Slag, Ash ($577 million), and Machinery ($404 million).
U.S. imports of agricultural products from South Africa totaled $253 million in 2013. Leading categories include: wine and beer ($69 million), fresh fruit ($59 million), and tree nuts ($42 million).
U.S. imports of private commercial services* (i.e., excluding military and government) were $1.9 billion in 2012 (latest data available), up 5.8 ($107 million) from 2011, and up 157% from 2002 level. Travel and the other private services (business, professional, and technical services) categories accounted for most of U.S. services imports from South Africa.
Contact DRT today for more information about South Africa or for a free quote you can fill out the “Free Quote” form and then submit.