COMPARATIVE MERCHANDISE TRADE STATISTICS
SOUTH AFRICA – EUROPEAN UNION, 2018
- According to DTI figures, the EU remains South Africa's main trading partner accounting for 26.4% of all trade in 2018, more concretely, the EU accounts for 24% of SA's exports and 29% of its imports.
- The EU is also the country's most stable post-apartheid partner with exports to the EU systematically above 19% of South Africa's total exports.
- SA exports have grown 5.3% in 2018 despite recessive economic environment while exports to the EU have grown at a faster pace, 12.5%. This shows that the recent SADC EU Economic Partnership Agreement, which entered into force in 2016 guarantees a strong reliable framework for doing business and engaging on issues of mutual concern...