India South Africa trade balance analysis for 5 years : 2013- 2018

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South Africa reminds Nelson Mandela crusader of peace and nobility. South Africa has reserves of oil fields and natural pearls & precious metals. India imported goods worth 6.8 billion US dollars and exported 3.8 billion USD with a trade deficit of 3 billions.

India South africa trade balance 5 years 2013-2018
India South Africa trade balance 5 years 2013-2018

Key Points of India South Africa trade balance in 5 years

  1. Export to South Africa increased by 7.9% in FY 2017-18
  2. Import from South Africa increased by 17.2%
  3. India’s export to South Africa in 5 years is highest in 2014-15 at 5.3 billions USD.
  4. India’s import from South Africa is highest in 2017-18 at 6.83 billions USD.
  5. Trade balance is in favor of South Africa in tune of 3 billions USD.
  6. India’s total export was highest in 2013-14 at 314 billion USD in last 5 years.
  7. India’s import from South Africa is up and it has been increased  by 12.5%

Also Read, India Saudi Arabia trade analysis

Top 25 commodity imported from South Africa by India in 2017-18

Country:  South Africa, Value in Million $ US
S.No. Commodity 2016-17 2017-18 %Growth
1 Mineral Fuels, Mineral Oils And Products Of Their Distillation; Bituminous Substances; Mineral Waxes. 2,209.9 3,140.0 42.1
2 Natural Or Cultured Pearls,Precious Or Semiprecious Stones,Pre.Metals,Clad With Pre.Metal;Coin. 2,271.0 1,813.7 -20.1
3 Ores, Slag And Ash. 392.2 705.2 79.8
4 Pulp Of Wood Or Of Other Fibrous Cellulose Material; Waste And Scrap Of Paper Or Paperboard. 212.3 270.5 27.4
5 Iron And Steel 154.2 192.2 24.6
6 Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof. 139.9 159.3 13.9
7 Inorganic Chemicals; Organic Or Inorganic Compounds Of Precious Metals, Of Rare-Earth Metals, Or Radi. Elem. Or Of Isotopes. 71.8 85.1 18.5
8 Aluminum And Articles Thereof. 68.8 68.5 -0.4
9 Organic Chemicals 46.0 68.1 48.3
10 Nickel And Articles Thereof. 41.1 47.1 14.6
11 Wood And Articles Of Wood; Wood Charcoal. 33.9 41.0 21.0
12 Copper And Articles Thereof. 34.2 35.2 3.1
13 Salt; Sulfur; Earths And Stone; Plastering Materials, Lime And Cement. 11.9 28.3 138.2
14 Edible Fruit And Nuts; Peel Or Citrus Fruit Or Melons. 12.2 22.1 81.9
15 Tanning Or Dyeing Extracts; Tannin. Dyes, Pigments And Other Coloring Matter; Paints Putty And Other Mastic; Inks. 18.7 18.6 -0.5
16 Arms And Ammunition; Parts And Accessories Thereof. 12.4 18.3 47.1
17 Vehicles Other Than Railway Or Tramway Rolling Stock, And Parts And Accessories Thereof. 18.0 12.7 -29.3
18 Glass And Glassware. 8.2 10.5 28.1
19 Other Base Metals; Cermet; Articles Thereof. 3.8 10.3 174.1
20 Miscellaneous Chemical Products. 13.0 10.2 -22.1
21 Plastic And Articles Thereof. 6.9 8.8 26.7
22 Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Image And Sound Recorders And Reproducers,And Parts. 7.4 8.5 14.9
23 Wool, Fine Or Coarse Animal Hair, Horsehair Yarn And Woven Fabric. 8.2 8.1 -0.9
24 Pharmaceutical Products 1.6 7.8 380.7
25 Articles Of Iron Or Steel 3.0 6.9 127.9

Top 25 commodities exported to South Africa by India in 2017-18

Country:  South Africa, Value in Million $ US
S.No. Commodity 2016-17 2017-18 %Growth
1 Vehicles Other Than Railway Or Tramway Rolling Stock, And Parts And Accessories Thereof. 664.5 879.4 32.4
2 Mineral Fuels, Mineral Oils And Products Of Their Distillation; Bituminous Substances; Mineral Waxes. 904.2 779.7 -13.8
3 Pharmaceutical Products 393.8 485.8 23.4
4 Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof. 137.6 185.2 34.6
5 Organic Chemicals 159.7 166.3 4.1
6 Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Image And Sound Recorders And Reproducers,And Parts. 85.9 124.1 44.5
7 Articles Of Apparel And Clothing Accessories, Knitted Or Crocheted. 109.6 107.2 -2.2
8 Plastic And Articles Thereof. 73.4 85.1 15.9
9 Articles Of Iron Or Steel 65.1 73.6 13.2
10 Cereals. 101.6 71.9 -29.3
11 Articles Of Apparel And Clothing Accessories, Not Knitted Or Crocheted. 67.7 62.6 -7.6
12 Natural Or Cultured Pearls,Precious Or Semiprecious Stones,Pre.Metals,Clad With Pre.Metal;Coin. 60.1 56.3 -6.3
13 Miscellaneous Chemical Products. 51.4 55.5 7.9
14 Iron And Steel 49.7 52.2 4.9
15 Tanning Or Dyeing Extracts; Tannin, Pigments And Other Coloring Matter; Paints ; Putty And Other Mastic; Inks. 36.3 46.4 27.6
16 Rubber And Articles Thereof. 36.3 44.4 22.2
17 Essential Oils And Resinous; Perfumery, Cosmetic Or Toilet Preparations. 39.4 43.1 9.4
18 Other Made Up Textile Articles; Sets; Worn Clothing And Worn Textile Articles; Rags 42.4 39.8 -6.2
19 Optical, Photographic Cinematographic Measuring, Checking Precision, Medical Or Surgical Inst. And Apparatus Parts And Accessories Thereof; 33.3 33.7 1.4
20 Paper And Paperboard; Articles Of Paper Pulp, Of Paper Or Of Paperboard. 22.4 32.2 44.0
21 Tools Implements, Cutlery, Spoons And Forks, Of Base Metal; Parts Thereof Of Base Metal. 18.4 29.2 58.9
22 Man-Made Staple Fibers. 25.4 27.0 6.0
23 Inorganic Chemicals; Organic Or Inorganic Compounds Of Precious Metals, Of Rare-Earth Metals Elem. Or Of Isotopes. 22.1 25.0 13.3
24 Coffee, Tea, Mate And Spices. 25.2 24.8 -1.6
25 Footwear, Gaiters And The Like; Parts Of Such Articles. 24.4 23.8 -2.3

Source Ministry of Commerce and Industry, India

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