Foreign Trade

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 and is the world’s largest producer of chrome, manganese, platinum, vanadium and vermiculite, the second largest producer of ilmenite, palladium, rutile and zirconium. It is also the world’s third largest coal exporter. Although, mining only accounts for 3% of the GDP, down from around 14% in the 1980s. 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. 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. Other imports include chemicals, manufactured goods, and petroleum.

Industrial minerals

Industrial minerals

There are some 680 producers of industrial minerals in South Africa, of which almost half are in...

Diamonds

Diamonds

The diamond industry continued to improve with an estimated 75% of cut diamonds destined for North...

Gold

Gold

According to Statistics South Africa, South Africa's annual gold production in 2012 was close to...

Reserves

Reserves

South Africa has the world's largest resources of platinum group metals (87,7% of world total),...

Small-Scale Mining

Small-Scale Mining

The Department of Mineral Resources' small-scale mining strategy provides a framework for creating...

Mineral Wealth

Mineral Wealth

South Africa's mineral wealth is typically found in the following well-known geological formations...

To Our Newsletter

To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!

SAcoronavirus.co.za