March 2006
South Africa
                         
BASIC INDICATORS
Population (thousands, 2004)  45 584 Rank in world trade, 2004 Exports Imports
GDP (million current US$, 2004)  212 777 Merchandise  37 33
GDP (million current PPP US$, 2004)  510 103 Commercial services 41 39
Current account balance (million US$, 2004) - 7 443 Merchandise excluding intra-EU trade 23 20
Trade per capita (US$, 2002-2004)  2 011 Commercial serv. excl. intra-EU trade 24 24
Trade to GDP ratio (2002-2004)   56.3
Annual percentage change
2004   1995-2004 2003 2004
Real GDP (1995=100)   130 3 3 4
Exports of goods and services (volume, 1995=100)   138 4 -1 3
Imports of goods and services (volume, 1995=100)   145 4 8 13
                         
TRADE POLICY
WTO accession date 1 January 1995 Contribution to WTO budget (%, 2006) 0.466
Trade Policy Review date 23, 25 April 2003 Import duties collected (%, 2002-2004):
in total tax revenue 2.6
Tariff binding coverage (%, 2007)   96.5 to total merchandise imports 2.7
MFN tariffs Final bound Applied 2002
Simple average of ad-valorem duties Number of:
All goods   19.1   5.8 GATS services sectors with commitments   91
Agricultural goods (AOA)   39.8   9.1 Dispute rulings (complainant - defendant) 0 - 0
Non-agricultural goods   15.8   5.3 Notifications outstanding  (CRN)   18
Non ad-valorem duties (% of total tariff lines)   0.0   14.4 Number of contingency measures in force:
Anti-dumping (30 June 2005) 73
MFN duty free imports Countervailing duties (30 June 2005) 4
Share in total imports ... Safeguards (3 November 2005)   0
                         
MERCHANDISE TRADE  Value Annual percentage change
2004   1995-2004 2003 2004
Merchandise exports, f.o.b. (million US$)  a  46 029 ... 23 26
Merchandise imports, c.i.f. (million US$)  a  57 100 ... 40 39
2004   2004
Share in world total exports    0.50 Share in world total imports  0.60
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   7.9 Agricultural products 6.2
Fuels and mining products   27.2 Fuels and mining products 17.2
Manufactures   65.0 Manufactures 69.4
  By main destination   By main origin
1. European Union (25)   36.3 1. European Union (25)   40.8
2. United States   11.6 2. United States   8.6
3. Japan   10.2 3. China   7.5
4. Taipei, Chinese   3.4 4. Japan   6.8
5. Switzerland   2.8 5. Saudi Arabia   5.6
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2004   1995-2004   2003 2004
Commercial services exports (million US$)  8 772   8 69 14
Commercial services imports (million US$)  10 074   6 52 26
2004   2004
Share in world total exports   0.40   Share in world total imports 0.47
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   16.2   Transportation 46.7
Travel   72.1   Travel 31.3
Other commercial services   11.8   Other commercial services 21.9
                         
INDUSTRIAL PROPERTY 
  Total   Residents Non-residents   Total   Residents Non-residents
Patents granted, 1995  5 453 ...  ...      Marks registered, 1995  10 313 6 027 4 286
                         
a  Break in series for merchandise: 1998.