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Import Summary Report South Africa

03 Nov 2016@12:00 AM

• South Africa has the second largest GDP in the entire Africa only next to Nigeria. It is the latest member of the prestigious BRICs group, who are bound to play much critical role in the global Arena. • Non-oil imports of South Africa constituted 84% of its total imports of 2015, which has declined at an average rate of 6% since 2011. The top five non-oil industries imported by value Heavy Machinery & Electronics, Building Materials, Chemicals & Polymers, Food Products and Consumer Durable. • Saudi Arabia, at present occupies a marginal share of less than 1% in South Africa’s non-oil imports which have been declining at an average rate of 10% since 2011. The Kingdom prominently supplies Chemical & Polymers, Minerals and Textiles to South Africa. This report looks into South Africa’s non-oil imports in the last five years vis-à-vis the Kingdom’s share in it. It also outlines the import potentials of the Kingdom in certain industries such as Heavy Machinery & Electronics, Building Materials, Chemicals & Polymers, Food Products and Consumer Durable. Services imported by South Africa is not covered in this report.