Exports in South Africa fell by ZAR 5.29 billion or 5.5 percent to ZAR 90.23 billion in August of 2016 from an downwardly revised ZAR 95.52 billion in the previous month, due to decline in sales of precious metals and stones (-30 percent); vehicles and transport equipment (-10 percent) and machinery and electronics (-6 percent). In contrast, exports increased for wood pulp and paper (66 percent); optical photographic product (36 percent). South Africa’s major export destinations were China (7.7 percent of total exports), Germany (7.1 percent), the US (6 percent), Namibia (5.3 percent) and Botswana (5.2 percent). Exports in South Africa averaged 15703.30 ZAR Million from 1957 until 2016, reaching an all time high of 105163.26 ZAR Million in June of 2016 and a record low of 55.80 ZAR Million in August of 1958. Exports in South Africa is reported by the South African Revenue Service.
