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SACU MERCHANDISE TRADE STATISTICS 2014

MERCHANDISE TRADE STATISTICS

2014


The content of this publication is intended for general information only. The aim of this publication is to provide an overview of the main characteristics of SACU’s merchandise trade. While precaution is taken to ensure the accuracy of information, the SACU Secretariat shall not be held liable for inaccurate information or opinions contained in this publication.

Published by the sACu seCretAriAt

Cnr of Feld and Lazarett StreetWindhoekNamibiaTel: +264 61 295 8000Fax: +264 61 245 611Web: http://www.sacu.intEnquiries: Communication UnitE-mail: [email protected]

tAble OF CONteNts

1. FOREWORD 1

2. INTRODUCTION 2

3. OVERVIEW OF SACU’S TRADE 4

4. TRADE INDICATORS 5

5. BOTSWANA 8

6. LESOTHO 14

7. NAMIBIA 20

8. SOUTH AFRICA 26

9. SWAZILAND 32

10. DATA SOURCES 37



In accordance with the objective of promoting the integration of the SACU Member States into the global economy, the Secretariat monitors the economic performance of the SACU Member States in relation to the global economic developments. In 2014, the global economyregistered a modest growth of 3.4 per cent, reflecting a pickup in growth in advanced economies relative to the previous year and a slowdown in emerging market and developing economies.

In line with the subdued growth in emerging markets and developing economies, SACU Member States on average registered a slow economic growthof 3.3 per centin 2014 compared to 5.3 per cent in 2013.This Report analyses the trade performance and key competitiveness indicators of SACU Member States. The Report notes that SACU’s total exports to the rest of the world have grown significantly from R448.95 billion in 2004 to R1 171.07 billion in 2014. Similarly, total imports into SACU almost tripled fromR384.76 billion in 2004to R1 303.41 billion in 2014. Of importance to noteis that in 2004, SACU was a net exporter, whereas in 2014 SACU has become a net importer, recording a trade deficit of R132.35 billion.

The analysis of the trade performance for the last ten years indicates the need for the Region to engage in more robust exportable products diversification drive. This will not only improve the balance of trade and payments, but will also broaden the industrial base of the region and ensure inclusive growth.Finally, I trust that our stakeholders and other partners who are interested in monitoring economic developments in the region will find the report useful. The SACU Secretariatis committed to continuously y reporting and analysis of the trade performance of the region in order to enhance information dissemination and contribute to improved policy analysis..

Paulina M. Elago

Executive Secretary

FOreWOrd

1


1. INTRODUCTION

1.1. SACU’s Merchandise Trade Statistics provides a picture of the SACU Member States’ economic performance within the global context for the period 2004 to 2014. In 2014, the value of world merchandise exports amounted to R205.44 trillion,more than tripled from R59.51 trillion recorded in 2004. SACU’s share in world exports have slightly declined during the period under review accounting for 0.6 percent of the world exports in 2014 compared to 0.8 per cent in 2004. This signals a deterioration of the Region’s competitive position.

1.2. World merchandise imports have more than tripled to R206.41 trillion in 2014 compared to R61.78 trillion recorded in 2004.

1.3. During the past 10 years, SACU as a region has moved from being a net exporter in 2004 to a net importer, recording a trade deficit of R132.35 billion in 2014.

1.4. This report has three key parts. The first part provides an overview of SACU’s trade performance. The second part-outlines selected trade indicators, which provide a snapshot of the performance of SACU Member States, while the last part discusses trade performance of individual SACU Member States during the period under review.

2


OkAvANgO deltA - bOtsWANA

tsOdilO hills – bOtsWANA


2. PART 1: OVERVIEW OF SACU’S TRADE

2.1. During the period under review, SACU as a region has moved from being a net exporter in 2004 to a net importer, resulting in a trade deficit of R132.35 billion in 2014. Total exports to the rest of the world have grown over the 10-year period from R448.95 billion recorded in 2004 to R1 171.07 billion in 2014. Similarly, total imports into SACU amounted to R1 303.41 billion in 2014 compared to R384.76 billion recorded in 2004, as reflected in Figure 1.

Figure 1: SACU Trade

*Data for Lesotho for the year 2014 was sourced from World Integrated Trade Solutions (WITS)

Source: SACU Statistical Database

2.2. The share of SACU’s total exports to total Africa exports has declined markedly over the period under review from 29.0 per cent in 2004 to 19.4 per cent in 2014. Similarly, the share of SACU’s exports in the global market has slightly declined from 0.8 per cent in 2004 down to 0.6 per cent in 2014. Gains in world market shares reflect improved competitiveness for the rest of the Word, while losses signal a deterioration of SACU’s competitive position. On the imports side, SACU’s imports accounted for a share of 18.6 per cent of Africa’s merchandise imports, down from 28.1 per cent in 2004, and has remained constant at 0.6 per cent of the world’s imports between 2004 and 2014.

2.3. The structure of extra and intra-SACU exports has not changed much between 2004 and 2014, with extra-SACU exports accounting for 84 per cent of total exports in 2014 compared to 85 per cent in 2004. Intra-SACU exports have increased to R186.44 billion in 2014 from R67.13 billion recorded in 2004. The import structure of SACU is highly dominated by extra-SACU imports, which accounted for 86 per cent of total imports in 2014 compared to 83 per cent in 2004. Intra-SACU imports more than doubled to R180.77 billion in 2014 from R67.18 billion recorded in 2004.

2.4. All Member States have recorded an increase in trade over the decade, with South Africa accounting for most of the trade in the region followed by Botswana and Namibia, as reflected in Table 1.

1,400,000

1,200,000

1,000,000

800,000

600,000

680,852

1,171,070

1,303,419

672,853

7,999

64,191

2004 2005 2006 2007 2008

ExportImport Trade balance

2009 2010 2011 2012 2013 2014

384,758

558,948

400,000

200,000

0

-200,000-132,349

-400,000

R M

illio

n

4


Table 1: Member States Merchandise Trade 2004-2014 (R million)

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Exports

Botswana 22 660 28 963 29 589 36 598 39 084 28 264 34 355 42 300 49 216 75 992 85 657

Lesotho 6 450 3 199 5 351 4 203 6 155 5 406 3 799 5 796 5 620 8 764 10 612

Namibia 16 664 17 677 24 854 31 478 44 163 47 657 43 801 43 117 45 018 56 356 64 473

South Africa

393 144 377 015 441 567 557 005 740 420 586 256 666 383 789 961 816 985 926 987 989 685

Swaziland 10 030 8 166 9 938 10 949 11 169 13 269 14 378 12 264 14 457 18 512 20 643

Imports

Botswana 22 636 20 959 20 723 28 755 43 058 39 817 41 756 53 001 71 341 78 569 94 892

Lesotho 8 977 5 090 5 730 6 784 6 762 7 572 9 324 10 631 13 127 16 677 16 206

Namibia 16 311 17 491 22 286 31 853 43 165 52 833 47 662 48 258 60 012 73 575 90 747

South Africa

325 468 365 547 479 815 583 982 783 488 560 503 606 250 746 285 854 993 998 253 1 083 607

Swaziland 11 365 10 551 8 312 9 269 10 941 12 127 14 821 14 544 15 225 17 171 17 968


3. PART 2: TRADE INDICATORS

3.1. Trade dependence Index (TdI)SACU Member States continue to maintain a high degree of trade openness, which indicates the importance of regional and international trade for the Customs Union. Figure 2 below presents the trade dependency index for the SACU Member States between 2004 and 2014.There is a considerable variation in the degree of openness within the SACU economies. Botswana and Namibia appear to have significantly expanded trade enormously with the TDI almost doubling between 2004 and 2014. While, for Lesotho and Swaziland the indices appears to have declined from the levels observed in 2004 compared to the levels of 2014. In 2014, Lesotho was the most open economy in SACU followed by Botswana and Namibia.

The trade dependence index (also called the openness index) is a measure of the importance of international trade in the overall economy. The trade dependence index is the value of total trade (imports plus exports) as a percentage of GDP. It gives an indication of the degree to which an economy is open to trade.

5


Figure 2: Trade Dependence Index


3.2. IMPORT PENETRATION INDExBetween 2004 and 2014, Lesotho and Swaziland were the only countries that observed a decline in the import penetration index, reflecting an increase in the domestic production (see Figure 3). Imports accounted for 60 percent of the aggregate demand in Lesotho in 2014, with the remaining 40 percent satisfied by domestic production, the highest in the region. At the same time, imports accounted for 28 percent of the aggregate demand in South Africa, the lowest in the Union.

Figure 3: Import penetration Index


The import penetration index is a ratio of imports as a percentage of total domestic demand (the difference between GDP and net exports). The import penetration rate shows the degree to which domestic demand is satisfied by imports. It may also provide an indication of the degree of vulnerability to certain types of external shocks. The indicator ranges from 0 (with no imports) to 100 per cent when all domestic demand is satisfied by imports only.

Botswana Lesotho Namibia South Africa Swaziland

250

200

150

100

%

50

0

78

111 113 107

5576

193

20142004

77

51

137

90

80

70

60

50

%

40

30

20

10

2004 2014-

Botswana Lesotho Namibia South Africa Swaziland

39

85

39

24

67

55 55 53

28

37

6


3.3. ExPORT PROPENSITy INDExFigure 4 below presents the export propensity index for the SACU Member States between 2004 and 2014.

For the period under review, there has been an increase in the reliance of domestic producers on foreign markets for Botswana and Namibia. In 2014, the reliance of Botswana’s domestic producers on foreign markets was the highest in the region with 53 percent of their production destined to foreign markets, followed by producers in Lesotho (49 per cent), Namibia (44 per cent), Swaziland (41 per cent) and South Africa (26 per cent).

Figure 4: Export Propensity Index


In conclusion, the indicators reflects that SACU Member States continue to maintain a high degree of trade openness, which indicates the importance of regional and international trade for the Customs Union, even though, there is a considerable variation in the degree of openness within the Union. For the period under review, Lesotho and Swaziland were the only Member States that registered an increase in the domestic production when looking at the import penetration index, reflecting that the region still has a high degree of vulnerability to certain types of external shocks. Botswana and Namibia recorded an increase in the reliance of domestic producers on foreign markets during the period under review.

The export propensity index shows the overall degree of reliance of domestic producers on foreign markets

90

80

70

60

50

%

40

30

20

10

Botswana Lesotho Namibia South Africa Swaziland-

2004 2014

39

53

81

45

39

44

28 26

64

41

7


PART 3: TRADE PERFORMANCE OF SACU MEMBER STATES

Part 3 of the Report examines the trade performance of SACU Member States for the last decade, looking at the trade balance, top traded products, top trading partners and intra-SACU trade.

4. BOTSWANA

4.1. Botswana’s trade balance significantly declined from a surplus of R23.4 million recorded in 2004 to a deficit of R9.2 billion(5.7 per cent of GDP) in 2014, due to the rise in the import bill compared to export receipts (Figure 5).

Figure 5: Botswana’s Trade with Rest of the World (ROW) (R million)

Source: SACU statistics database

4.2. Export performance has exhibited remarkable performance during the last decade. Total exports to the rest of the world increased significantly to reach R85.7 billion in 2014 from a level of R22.7 billion recorded in 2004, as reflected in Figure 5. The rise in exports has led Botswana to increase her share in the World’s total exports from 0.038 per cent in 2004 to 0.042 per cent in 2014, reflecting an improved competitive-ness. On the other hand, Botswana’s share in the continental trade has slightly declined to1.47 per cent of Africa’s total exports in 2004 compared to 1.42 per cent in 2014.

4.3. The composition of the exports basket for Botswana has remained less diversified in the last decade. The key commodity exported in 2004 and 2014 remains to be non-industrial diamonds unworked or simply sawn (HS71023100), accounting for 74.7 per cent of the total exports in 2004 and 74.3 per cent of the total exports in 2014. Non-industrial Diamonds, not mounted or set (HS71023900) appears to have gained importance since 2004 it accounted for 0.1 per cent of the total exports in 2004 but have since increased to account for 10.4 per cent of the total exports in 2014.

120,000

100,000

80,000

60,000

Export

R m

illio

n

Import Trade balance

40,000

20,000

-

-20,000

-40,000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

8


Table 2: Botswana’s Top export commodities, 2004

Rank HS Code description ZAR millions % of Total

2004

1 71023100 Non-industrial diamonds unworked or simply sawn 16 928 74.7

2 74011000 Copper matters 1 195 9.7

3 87012020 Road tractors for semi-trailers of a vehicle mass exceeding 1600 kg 556 2.5

4 02013000 Fresh or chilled boneless bovine meat 181 0.8

5 61109020 Jerseys, pullovers, slip covers, cardigans, twinsets, bed jackets and jumpers 148 0.7

6 28362000 Disodium carbonate 146 0.6

7 02023000 Frozen boneless bovine meat 137 0.6

8 26030000 Copper ores and concentrates 122 0.5

9 71022100 Industrial diamonds unworked or simply sawn, cleaved or bruted 88 0.4

10 25010000 Salt and pure sodium chloride 79 0.3

2014

1 71023100 Non-industrial diamonds unworked or simply sawn 63 604 74.3

2 71023900 Non-industrial diamonds, not mounted or set 8 905 10.4

3 75011000 Nickel 3 618 4.2

4 26030000 Copper ores and concentrates 1 450 1.7

5 02023000 Frozen boneless bovine meat 692 0.8

6 02013000 Fresh or chilled boneless bovine meat 515 0.6

7 71081200 Gold, non-monetary 451 0.5

8 71022100 Industrial diamonds unworked or simply sawn, cleaved or bruted 405 0.5

9 28362000 Disodium carbonate 401 0.5

10 85443000 Ignition wiring sets and other wiring sets for vehicles, aircraft or ships 346 0.4


4.4. With respect to imports, the import bill increased to R94.9 billion in 2014 compared to an import bill of R22.6 billion in 2004, recording an annual average growth of 17.0 per cent for the period under review. In 2004 the composition of the top 10 import basket has been somewhat not concentrated, but in the latest years there was a reversal of this trend and imports were mostly dominated by non-industrial diamonds unworked or simply sawn, cleaved or bruted (HS71023100), accounting for 33.3 per cent of the total imports in 2014, (see Table 3).

9


Table 3: Botswana’s Top Import commodities, 2004


2004

1 84733000 Other parts and accessories of the machine 84.71 1 773 7.8

2 87032390 Other vehicles of a cylinder capacity exceeding 1500 cm3 but not exceeding 3000 cm3 678 3.0

3 27100030 Distillate fuel 628 2.8

4 87012010 Road tractors for semi-trailers of a vehicle mass not exceeding 1600 kg 550 2.4

5 27100005 Petrol, leaded 511 2.3

6 30049000 Other medicaments of mixed or unmixed products 391 1.7

7 87043190 Other goods vehicles with G.V.M not exceeding 5t 334 1.5

8 27100003 Petrol unleaded 325 1.4

9 87100000 Tanks and other armoured fighting vehicles 280 1.2

10 25232900 Portland cement (excl. white) 260 1.1

2014

1 71023100 Non-industrial diamonds unworked or simply sawn, cleaved or bruted 31 560 33.3

2 27101230 Distillate fuel intended for use in diesel or semi diesel engines 6 023 6.3

3 71021000 Unsorted diamonds 6 011 6.3

4 27101202 Petrol 4 507 4.7

5 27160000 Electrical energy 1 615 1.7

6 87032390 Other vehicles of a cylinder capacity exceeding 1500 cm3 but not exceeding 3000 cm3 1 422 1.5

7 71023900 Non-industrial diamonds, not mounted or set, 1 319 1.4


9 87043190 Other goods vehicles with G.V.M not exceeding 5t 806 0.8



4.5. The United Kingdom was the main destination for Botswana’s exports in 2004, accounting for 74.3 per cent of the total exports, revealing a much less diversified export market. Over the years, Botswana has somewhat managed to diversify her export market as reflected in Table 4 below. Botswana relies more heavily on countries outside Africa as her export destination. Most recently, Namibia now occupies a top slot in Botswana’s export destination, accounting for 9.4 per cent of the total exports in 2014 as opposed to 0.2 per cent of the total exports in 2004. On the import side, South Africa has remained the main source of imports globally for Botswana for the last decade, even though her share in total imports has slightly declined over time.

10


Table 4: Botswana’s Top Trading PartnersEXPORT

2004 2014

Partner Export (R million) % of Total Partner Export (R million) % of Total

1 United Kingdom 16 844 74.3 Belgium 20 558 24.0

2 South Africa 2 122 9.4 India 11 639 13.6

3 Norway 1 287 5.7 South Africa 11 317 13.2

4 Zimbabwe 845 3.7 Namibia 8 093 9.4

5 USA 361 1.6 Israel 6 768 7.9

6 Grenada 307 1.4 Canada 5 148 6.0

7 Canada 229 1.0 UAE 3 637 4.2

8 Finland 120 0.5 Switzerland 3 023 3.5

9 Israel 82 0.4 Singapore 2 937 3.4

10 Germany 81 0.4 USA 2 424 2.8

IMPORTS

2004 2014

Partner Import (R million) % of Total Partner Import (R million) % of Total

1 South Africa 17 308 76.4 South Africa 56 360 65.8

2 Netherland 1 734 7.7 Namibia 13 922 16.3

3 Sweden 642 2.8 Canada 12 073 14.1

4 Switzerland 335 1.5 Belgium 3 392 4.0

5 Zimbabwe 326 1.4 Israel 1 286 1.5

6 United Kingdom 316 1.4 USA 1 215 1.4

7 USA 291 1.3 China 945 1.1

8 France 268 1.2 India 828 1.0


4.6. Botswana’s intra-SACU exports earnings amounted to R19.5 billion in 2014 compared to earnings of R2.2 billion recorded in 2004 (see Table 4). For the period between 2004 and 2014, South Africa as remained the main export destination for Botswana’s commodities within the Union, with export earnings amounting to R11.3 billion in 2014 from R2.1 billion in 2004. Of interest to note is that Namibia accounted for 1.7 per cent of Botswana’s total intra-SACU exports in 2004, but by 2014,the Namibian market accounted for 41.6 per cent of the total intra-SACU exports. On the imports side,Botswana’s intra-SACU imports bill rose to R70.3 billion in 2014 from R17.4 billion recorded in 2004. South Africa has remained the main source of commodity imports into Botswana from the Common Customs Area for the last 10 years, followed by Namibia, Swaziland and Lesotho.

11


Table 5: Botswana’s Intra-SACU Trade (R million)2004 2014

Country Export Imports Exports Imports

Lesotho 0.9 0.5 40 3

Namibia 36 95 8 093 13 922

South Africa 2 122 17 308 11 317 56 360

Swaziland 1.7 1.8 15 11

Total 2 161 17 405 19 465 70 296


12


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rOCks POOl-sehlAbAthebe NAtiONAl PArk - lesOthO


5. LESOTHO

5.1. Lesotho has been running a consistent trade deficit for the last decade with the highest deficit recorded in 2013. In 2014, the trade deficit stood at R5.6 billion (23.6 per cent of GDP) compared to R2.5 billion (31.7 per cent of GDP) recorded in 2004.

Figure 6: Lesotho’s Trade with ROW

Source: SACU statistics database, * mirror data sourced from COMTRADE

5.2. Total exports to the rest of the world reached a level of R10.6 billion in 2014 from R6.5 billion in 2004 (see Figure 6), recording an average annual growth of 12.7 per cent. However, despite exhibiting encouraging exports growth, Lesotho’s exports performance at the international level remains small and suggests a lot of scope to excel further with increased share in world exports. Furthermore, Lesotho’s share in Africa’s total exports has significantly declined over the decade accounting for 0.18 per cent of Africa’s total exports in 2014 from 0.42 per cent in 2004.

5.3. Lesotho’s diversification of exports products slightly increased as the concentration of exports towards the top 10 exports products declined from 87.7 per cent in 2004 to 77.4 per cent in 2014. However, the composition of the top 10 products did not significantly change over the last decade with articles of apparel and clothing accessories and precious metals dominating the basket.

Non-industrial diamonds unworked or simply sawn, cleaved or bruted(HS710231) appears to have the most gain in importance since 2004, accounting for 40.4 per cent of the total exports in 2014 (as shown in Table 5).

Trade balance

(10,000)

(5,000)

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013* 2014*

(5,000)

-

(10,000)

(15,000)

(20,000)

ExportImport

R m

illio

n

14


Table 6: Lesotho’s Top export commodities, 2004


2004

1 620342 Men’s or boys’ trousers, breeches, etc. of cotton 2 233 34.6

2 610910 T-shirts, singlets & other vests, of cotton, knitted or crocheted 1 213 18.8

3 710239 Non-industrial diamonds, not mounted or set, nes 779 12.1

4 611020 Babies’ garments, etc. of cotton, knitted or crocheted 366 5.7

5 620462 Women’s or girls’ trousers, breeches, etc. of cotton 303 4.7

6 852812 Colour TV receivers, whether or not with radio 202 3.1

7 220210 Waters (incl. mineral and aerated) 190 2.9

8 610462 Women’s or girls’ trousers, etc. of cotton, knitted or crocheted 135 2.1

9 640420 Footwear with outer soles of leather or composition leather 134 2.1

10 110313 Groats and meal of maize (corn) 102 1.6

2014


2 620342 Men’s or boys’ trousers, breeches, etc. of cotton 1 173 11.1

3 610463 Women’s or girls’ suits, ensembles, jackets, skirts, trousers- knitted or crocheted 635 6.0

4 611030 Jerseys, pullovers, etc. of man-made fibres, knotted or crocheted 483 4.6

5 853890 Parts of apparatus of 85.35 to 85.37, nes 460 4.3

6 610520 Men’s or boy’s shirt, knitted or crocheted: of man-made fibres 309 2.9

7 610990 T-shirts, singlets, etc. of other textiles, nes, knitted or crocheted 290 2.7

8 620462 Women’s or girls’ trousers, breeches, etc. of cotton 240 2.3

9 110100 Wheat or meslin flour 207 1.9

10 420500 Articles of leather or of composition leather, nes 124 1.2


5.4. Similarly, the import bill increased to R16.2 billion in 2014 from R9.0 billion in 2004, recording an annual average growth of 8.4 per cent for the period under review. Knitted or crocheted fabrics of width >30cm, non-elastic (HS600220) was the main commodity that was imported into Lesotho in 2004, accounting for 3.6 per cent of the total imports. After 10 years, the main commodity imported into Lesotho was light oils and preparations (HS271012) accounting for 13.7 per cent of the total imports.

15


Table 7: Lesotho’s Top Import commodities,


2004

1 600220 Knitted or crocheted fabrics, =<30 cm wide, non-elastic 325 3.6

2 271000 Petroleum oils 285 3.2

3 870390 Other motor vehicles for the transport of persons, nes 184 2.0

4 392690 Other articles of plastics, nes 128 1.4

5 271111 Natural gas, liquefied 120 1.3

6 731814 Self-tapping screws of iron or steel 111 1.2

7 870899 Parts and accessories, nes, 102 1.1

8 520942 Woven fabrics of cotton: of yarns (denim) 100 1.1

9 210690 Other food preparations, nes 96 1.1

10 540710 Woven fabrics of high tenacity yarn of nylon or of polyesters 94 1.0

2014

1 271012 Light oils and preparations 2 226 13.7

2 600410 Knitted/crocheted fabrics of width >30cm 345 2.1

3 853890 Parts of apparatus of 85.35 to 85.37, nes 269 1.7

4 110313 Groats and meal of maize (corn) 267 1.6

5 100199 Wheat and meslin: other 219 1.3


7 520942 Woven fabrics of cotton: of yarns (denim) 209 1.3

8 020714 Meat and edible offal: cuts and offal frozen 175 1.1

9 271600 Electrical energy 171 1.1

10 300490 Other medicaments of mixed or unmixed products for retail sale 168 1.0


5.5. In recent years, Lesotho relied more heavily on countries outside Africa for her exports.South Africa was the main destination for exports in 2004 accounting for 86.3 per cent of the total exports, followed by Belgium (9.4 per cent), however by 2014, the main export market was the USA, accounting for 36.9 per cent of the total exports, followed by Belgium (33.3 per cent).

5.6. In relation to imports, South Africa has remained the main source of Lesotho’s importsfor the last decade, accounting for 88.0 per cent of the total imports in 2014 compared to 78.2 per cent in 2004 as reflected in Table 8.

16


Table 8: Lesotho’s Top Trading PartnersEXPORT

2004 2014


1 South Africa 5 565 86.3 USA 3 917 36.9

2 Belgium 605 9.4 Belgium 3 535 33.3

3 Switzerland 174 2.7 South Africa 2 759 26.0

4 Canada 35 0.5 China 131 1.2

5 USA 25 0.4 Canada 61 0.6

6 Botswana 22 0.3 Slovak 41 0.4

7 Kenya 7 0.1 Australia 25 0.2

8 Madagascar 5 0.1 Germany 21 0.2

9 United Kingdom 4 0.1 Mauritius 20 0.2

10 Zimbabwe 3 0.0 Mexico 16 0.1

IMPORTS

2004 2014



2 Taiwan 567 6.3 China 963 5.9

3 Hong Kong 516 5.7 India 433 2.7

4 China 359 4.0 Hong Kong 147 0.9

5 Germany 139 1.5 Japan 83 0.5

6 USA 75 0.8 Pakistan 66 0.4

7 Singapore 59 0.7 Botswana 40 0.2

8 India 56 0.6 Germany 33 0.2

9 South Korea 37 0.4 Belgium 30 0.2

10 United Kingdom 22 0.2 USA 27 0.2


5.7. Lesotho’s intra-SACU exports declined over the course of years from R5.6 billion in 2004 compared to R2.9 billion in 2014 (see Table 9). South Africa remained the main export destination for Lesotho’s commodities in the Common Customs Area with export earnings accounting for more than 80 per cent of the total intra-SACU exports. In contrast, intra-SACU imports has increased over the course of 10 years to R14.3 billion in 2014 from R7.0 billion in 2004. South Africa has remained the main source of commodities imported into Lesotho from the Common Customs Area, followed by Swaziland.

17


Table 9: Lesotho’s Intra-SACU Trade (R million) 2004 2014


Botswana 22 1 3 39

Namibia 1 1 8 6

South Africa 5 565 7 020 2 771 14 256

Swaziland 0 0 107 48

Total 5 588 7 022 2 890 14 349


18


ePuPA FAlls - NAMibiA

sOssusvlei – NAMibiA


6. NAMIBIA

6.1. Namibia’s merchandise trade recorded a surplus of R0.4 billion in the year 2004, and a decade later, the trade balance stood at a deficit of R26.3 billion in 2014, amounting to 18.0 per cent of GDP.

Figure 7: Namibia’s Trade with the Rest of the World (ROW)


6.2. Namibia’s exports earning has more than doubled in the last decade, increasing from a level of R16.7 billion in 2004 to R64.5 billion in 2014. While exports earnings have increased overtime, Namibia’s share in the World’s total exports has remained stagnant accounting for 0.03 per cent in both 2004 and 2014. On the other hand, Namibia’s share in Africa’s export has slightly increased during the review period and accounted for 1.08 per cent of Africa’s exports in 2014compared to 1.07 per cent in 2004.

6.3. The composition of goods exported by Namibia continues to be dominated by resource-based products (Table 10). The top 10 products exported in 2004, accounted for 56.5 per cent of the total exports compared to 43.3 per cent in 2014, indicating a more diversified export basket in the latter year. The main product exported in 2004 and 2014 remains non-industrial diamonds unworked or simply sawn, cleaved or bruted (HS71023100) accounting for 25.9 per cent of the total exports in 2004 and 15.1 per cent in 2014 (see Table 10).

120,000

100,000

80,000

60,000

Export

R m

illio

n


40,000

20,000

-

-20,000

-40,000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

20


Table 10: namibia’s Top export commodities


2004


2 25010000 Salt and pure sodium chloride 1 472 8.8

3 79040000 Zinc bars, rods, profiles and wire 648 3.9

4 03049090 Other fish, fish fillets and fish meat 558 3.3

5 03037990 Other fish frozen, nes 549 3.3

6 74020000 Unrefined copper, copper anodes for electrolytic 459 2.8

7 03042090 Other frozen fillets 449 2.7

8 22030090 Beer made from malt - other 375 2.3

9 28441000 Natural uranium and its compounds 345 2.1

10 01029000 Live bovine animals, other than pure-bred breeding 243 1.5

2014


2 89052000 Floating or submersible drilling or production platforms 5 797 6.4

3 26121000 Uranium ores and concentrates 4 508 5.0

4 74031100 Cathodes and sections of cathodes of refined copper 3 436 3.8

5 89069000 Other vessels including life boats 2 599 2.9


7 79011100 Zinc 2 010 2.2

8 71023900 Other non-industrial diamonds, not mounted or set 1 708 1.9

9 03038900 Other frozen fish, nes 1 656 1.8

10 03047490 Other frozen fillets of hake, nes 1 435 1.6


6.4. The import bill increased to R90.7 billion in 2014 from R16.3 billion in 2004, increasing at an average annual growth of 19.7 per cent in the last decade. The main commodities imported in the last decade have mainly been machinery and equipment, of late non-industrial diamonds (HS71023100) has gained importance accounting for 5.7 per cent of the total imports.

21


Table 11: namibia’s Top Import commodities in 2004 and 2014


2004

1 87032390 Other vehicles of a cylinder exceeding 1500 cm3 but not exceeding 3000 cm3 1 010 6.2


3 27101230 Distillate fuel 232 1.4

4 87042190 Other of GVM not exceeding 5t diesel 202 1.2

5 87089990 Other parts and accessories of motor vehicles 163 1.0

6 85252000 Radio / TV transmission apparatus 157 1.0

7 71023100 Non-industrial diamonds unworked or simply sawn, cleaved or bruted 141 0.9

8 25232900 Other portland cement (excl. white) 137 0.8

9 22030000 Beer made from malt 127 0.8

10 84749000 Parts of machinery 123 0.8

2014

1 89052000 Floating or submersible drilling or production platform 5 798 9.0


3 89069000 Other vessels including lifeboats 3 443 5.3

4 27101230 Distillate fuel 2 806 4.4

5 74031100 Cathodes and sections of cathodes of refined copper 2 654 4.1


7 87032390 Other vehicles of a cylinder exceeding 1500 cm3 but not exceeding 3000 cm3 2 489 3.9

8 27101202 Petrol 1 449 2.2

9 89019000 Vessels for transportation of goods and passengers 1 045 1.6

10 84295190 Other front end shovel loaders, nes 1 017 1.6


6.5. Namibia’s main export destination in 2004 was South Africa accounting for 25.4 per cent of the total exports, while in 2014 Botswana replaced South Africa as the leading destination for exports accounting for 11.8 per cent of the total exports (Table 11). The main commodity exported to Botswana in 2014 was non-industrial diamonds unworked or simply sawn, cleaved or bruted (HS71023100). During the last decade, South Africa has remained the main source of commodities imported into Namibia accounting for 80.0 per cent of the total imports in 2014 compared to 83.7 per cent of the total imports in 2004.

22


Table 12: Namibia’s Top Trading PartnersEXPORT

2004 2014


1 South Africa 4 238 25.4 Botswana 10 749 11.8

2 United Kingdom 3 414 20.5 South Africa 8 408 9.3

3 USA 1 868 11.2 Switzerland 7 839 8.6

4 Angola 1 632 9.8 Korea 5 840 6.4

5 France 1 568 9.4 Angola 4 710 5.2

6 Spain 1 349 8.1 Spain 2 529 2.8

7 Canada 347 2.1 Bahamas 2 437 2.7

8 Italy 279 1.7 USA 2 324 2.6

9 Germany 246 1.5 China 1 929 2.1

10 China 206 1.2 Zambia 1 782 2.0

IMPORTS

2004 2014



2 United Kingdom 400 2.5 Korea 5 935 9.2

3 Germany 374 2.3 China 3 592 5.6

4 USA 194 1.2 Bahamas 3 076 4.8

5 China 183 1.1 Germany 2 522 3.9

6 Switzerland 129 0.8 DRC 2 381 3.7

7 Italy 119 0.7 USA 2 251 3.5

8 Zimbabwe 108 0.7 Botswana 1 931 3.0

9 Spain 107 0.7 India 1 610 2.5

10 India 96 0.6 Switzerland 1 429 2.2


6.6. Namibia’s intra-SACU exports has significantly increased over a decade from R4.32 billion in 2004 to R19.49 billion in 2014. The most notable increase was recorded in exports to Botswana from R0.79 billion to R10.75 billion in 2014. South Africa remains the main export destination for Namibia in the Common Customs Area followed by Botswana. Similarly, on the imports side, there has been a significant growth in imports from the Common Customs Area. In 2004 intra-SACU imports stood at R13.74 billion and this has increased to a level of R53.79 billion in 2014. South Africa has remained the main source of commodities imported into Namibia, followed by Botswana, Swaziland and Lesotho.

23


Table 13: Namibia’s Intra-SACU Trade (R million)2004 2014


Botswana 79 40 10 749 1 931

Namibia 1 1 6 8

South Africa 4 238 13 650 8 408 51 584

Swaziland 2 46 329 262

Total 4 321 13 737 19 492 53 786


24


blyde river CANyON - sOuth AFriCA

tAble MOuNtAiN – sOuth AFriCA


7. SOUTH AFRICA

7.1. South Africa’s merchandise trade recorded a deficit of R93.9 billion in 2014 from a surplus of R67.7 billion in 2004, representing a 2.5 per cent of GDP.

Figure 8:South africa’s Trade with rOW, (r million)


7.2. Figure 8 reflects South Africa’s trade with the rest of the world. The total exports have significantly increased over the decade from R393.1 billion in 2004 to R989.7 billion in 2014, translating in an average annual growth of 10.7 per cent. Over the period under review, South Africa’s share in the World’s total export has declined to 0.5 per cent in 2014 compared to 0.7 per cent in 2004. In the African context, a similar trend is observed accounting for 16.4per cent of Africa total exports in 2014 compared to 25.4 per cent in 2004.

7.3. The key commodities exported by South Africa continues to be dominated by primary products during the period under review (Table 14). The top 10 products exported in 2004 accounted for 31.6 per cent of the total exports compared to 33.4 per cent in 2014, reflecting a more diversified export base in South Africa compared to the other SACU Member States. The main products exported in 2014 were bituminous coal (HS27011200) accounting for 5.4per cent of the total exports and gold, non-monetary (HS71081300) accounting for 5.2 percent of total exports.

1,200,000

1,000,000

800,000

600,000

Export

R m

illio

n


400,000

200,000

-

-200,0002004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

26


Table 14: South africa’s Top export commodities 2004 -2014


2004

1 71101900 Platinum in semi manufactured forms 16 494 4.2

2 27011200 Bituminous coal 15 290 3.9

387032390 Other vehicles of a cylinder capacity exceeding 1500cmcb but not exceeding

3000cmcb NES 13 400 3.4


5 72024100 Ferro-chromium, containing by weight >4% carbon 9 369 2.4

6 84213990 other intake air filters for internal combustion engines n.e.s. 8 288 2.1

7 71101100 Platinum unwrought or in powder form 7 200 1.8

8 76011000 Unwrought aluminium, not alloyed 6 377 1.6

9 75061000 Plates, sheets, strip and foil of nickel, not alloyed 4 024 1.0

10 26011200 Agglomerated 3 541 0.9

2014

1 27011200 Bituminous coal 53 762 5.4

2 71081300 Gold, non-monetary 51 237 5.2

3 26011200 Agglomerated iron ores and concentrates 49 567 5.0

4 72024100 Ferro-chromium, containing by weight >4% carbon 33 681 3.4

5 71101900 Platinum in semi manufactured forms 29 369 3.0

6 87032390 other vehicles of a cylinder capacity exceeding 1500cmcb but not exceeding 3000cmcb NES 26 895 2.7

7 26011100 Non-agglomerated iron ores and concentrates 24 798 2.5

8 87042181 Other, double-cab, of a vehicle mass not exceeding 2 000 kg or a G.V.M. not exceeding 3 500 kg, or of a mass not exceeding 1 600 kg 21 445 2.2

9 71101100 Platinum unwrought or in powder form 21 446 2.1

10 84213930 Catalytic converters of a kind used for motor vehicles 18 409 1.9


7.4. On average imports have grown by 14.2 per cent on an annual basis over the decade under review. In 2004, imports stood at R325.5 billion and by 2014, imports were recorded at R1 083.6 billion. The main commodity basket imported in the last decade has mainly been dominated by petroleum oils and oils obtained from bituminous minerals, crude (HS27090000), accounting for 11.7 per cent of the total imports in 2004 and 16.2 percent of the total imports in 2014.

27


Table 15: South africa’s Top Imports commodities


2004

1 27090000 Petroleum oils and oils obtained from bituminous minerals, crude 38 038 11.7

2 98010030 Original equipment components: For motor cars of heading 87.03 15 350 4.7

3 88024000 Aeroplanes And Other Aircraft, Of An Unladen Mass Exceeding 15 000 Kg 8 045 2.5

4 87032390 Other vehicles of a cylinder capacity exceeding 1 500 cm³ but not exceeding 3 000 cm 7 631 2.3

5 85252000 Transmission Apparatus Incorporating Reception Apparatus 7 369 2.3

6 98010040 Original equipment components: For motor vehicles for transport of goods of heading 87.04 5 683 1.7

7 84733000 Parts And Accessories Of The Machines Of Heading 84.71 5 277 1.6

8 30049000 Medicaments: other 4 166 1.3

9 87032490 other vehicles of a cylinder capacity exceeding 3000cm3 4 129 1.3


2014

1 27090000 Petroleum oils and oils obtained from bituminous minerals, crude 175 840 16.2

2 27101230 Distillate fuel 44 758 4.1

3 98010030 Original equipment components: For motor cars of heading 87.03 34 346 3.2

4 85171210 Telephones for cellular networks or for other wireless networks: Designed for use when carried in the hand or on the person 21 284 2.0

5 98010040 Original equipment components: For motor vehicles for transport of goods of heading 87.04 17 977 1.7

6 87032390 Other vehicles of a cylinder capacity exceeding 1 500 cm³ but not exceeding 3 000 cm 16 497 1.5

7 30049000 Medicaments: other 13 763 1.3

8 87032290 Motor cars and other motor vehicles principally designed for the transport of persons, other 11 788 1.1

9 84713000 Portable automatic data processing machines, of a mass not exceeding 10 kg 11 261 1.0

10 98010045 Original equipment for goods vehicle, heading 8704,mass >2000kg or >1600kg of GVM >3500kg 10 399 1.0


7.5. In 2004, USA was the leading destination for South African exports accounting for 7.6 per cent of the total exports followed by the United Kingdom accounting for 7.1 per cent of the total exports. Ten years later, China became the leading export market accounting for 9.6 per cent of the total exports, followed by the United States of America (7.1 per cent), Japan (5.4 per cent), Botswana (5.2 per cent), and Germany (5.0per cent) as shown in Table 15.

7.6. Similarly, on the imports side, Germany was the main source of commodities imported into South Africa accounting for 13.4 per cent of the total imports followed by the USA accounting for 8.0 per cent of the total imports. Ten years later China became the main source of commodities imported into South Africa, accounting for 15.5 per cent of the total imports, followed by Germany (10.0 per cent), Saudi Arabia (7.1 per cent), United States of America (6.6 per cent), and Nigeria (5.1 per cent).

28


Table 16: South Africa’s Top Trading PartnersEXPORT

2004 2014


1 USA 29 991 7.6 China 95 011 9.6

2 United Kingdom 27 869 7.1 USA 70 425 7.1

3 Japan 26 601 6.8 Japan 53 028 5.4

4 Germany 20 391 5.2 Botswana 51 759 5.2

5 Botswana 17 308 4.4 Germany 49 732 5.0

6 Namibia 13 650 3.5 Namibia 49 226 5.0

7 Netherlands 12 078 3.1 India 40 968 4.1

8 Swaziland 10 470 2.7 United Kingdom 37 647 3.8

9 Taiwan 8 818 2.2 Netherlands 32 634 3.3

10 Italy 7 683 2.0 Mozambique 32 540 3.3

IMPORTS

2004 2014


1 Germany 43 645 13.4 China 167 620 15.5

2 USA 25 970 8.0 Germany 108 745 10.0

3 China 23 021 7.1 Saudi Arabia 77 327 7.1

4 United Kingdom 21 125 6.5 USA 71 533 6.6

5 Japan 20 942 6.4 Nigeria 55 704 5.1

6 France 18 768 5.8 India 49 374 4.6

7 Saudi Arabia 17 086 5.2 Japan 40 977 3.8

8 Iran 15 223 4.7 United Kingdom 35 533 3.3

9 Italy 9 268 2.8 Italy 28 722 2.7

10 Australia 7 247 2.2 Thailand 25 775 2.4


7.7. South Africa’s intra-SACU exports significantly increased during the period under review from R48.4 billion in 2004 to R131.4 billion in 2014, mainly to Botswana and Namibia. Intra-SACU exports as a share of the total exports stood at 13.3 per cent in 2014, reflecting a slight increase compared to 12.3 per cent ofthe total exports in 2004. Similarly, intra-SACU imports for South Africa increased to R26.6 billion in 2014 compared to R18.5 billion recorded in 2004. Swaziland has remained the main source of commodities imported into South Africa from the Common Customs Area accounting for 46.9 per cent of the total intra-SACU imports in 2014, followed by Namibia. Of interest to note is that in 2004, Lesotho was the second main source of commodities imported into South Africa from the Common Customs Area. The share of intra-SACU imports in the total imports of South Africa has declined overtime, accounting for 2.5 per cent of the total imports in 2014 as opposed to 5.7 per cent recorded in 2004.

29


Table 17: South Africa Intra-SACU Trade (R million) 2004 2014


Botswana 17 308 2 122 51 759 5 076

Namibia 7 020 5 565 14 243 2 775

South Africa 13 650 4 238 49 226 6 237

Swaziland 10 470 6 613 16 306 12 465

Total 48 449 18 538 131 434 26 553


30


MlilWANe WildliFe sANCtuAry – sWAzilANd

PhOPhONyANe FAlls – sWAzilANd


8. SWAZILAND

8.1. Swaziland’s merchandise trade has fluctuated from deficit to surplus during the period under review. In 2004, Swaziland recorded a trade deficit of R1.3 billion and in 2014, a trade surplus of R2.7 billion was recorded amounting to 5.3 per cent of GDP.

Figure 9: Swaziland’s Trade with ROW


8.2. Total exports to the rest of the world has doubled in the last decade, increasing from R10.0 billion in 2004 to R20.6 billion recorded in 2014. While export values have increased over time, Swaziland’s share in world total export has declined, accounting for 0.01 per cent of the world total exports in 2014 compared to 0.02 per cent in 2004. A similar trend is also observed in the African context whereby Swaziland accounted for 0.7 per cent of Africa’s total exports in 2004 and her share declining to 0.3 per cent by 2014.

8.3. Swaziland’s export basket is concentrated ina few products indicating a less diversified export basket. The top 10 products accounted for 66.0 per cent of the total exports in 2004 and this has increased to 70.7 per cent by 2014. The main product that was exported in 2004 and 2014 remains to bemixture of odoriferous substances: of a kind used in the food or beverage industries accounting for 35.3 per cent and 29.7 per cent of the total exports, respectively.

25,000

20,000

15,000

Export

R m

illio

n


10,000

5,000

0

-5,0002004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

32


Table 18: Swaziland’s Top export commodities,


2004

1 33021000 Mixture of odoriferous substances: of a kind used in the food or drink industries 3 540 35.3

2 17011100 Cane sugar 865 8.6

3 47031100 Unbleached coniferous chemical wood pulp, soda or sulphate, nes 683 6.8

4 61091000 T-shirts, singlets, and other vests of cotton knitted or crocheted 513 5.1

5 61099000 T-shirts, singlets, etc., of other textiles, nes, knitted or crocheted 248 2.5

6 62034200 Men's or boys' trousers, breeches, etc., of cotton 213 2.1

7 17049000 Sugar confectionery (incl. white chocolate), not containing cocoa, nes 175 1.7

8 62046900 Women's or girls' trousers, breeches, etc., of other textiles, nes 136 1.4

9 20083000 Citrus fruit, prepared or preserved (excl. those of 20.06 and 20.07) 132 1.3

10 62046200 Women's or girls' trousers, breeches, etc., of cotton 121 1.2

2014

1 33021000 Mixture of odoriferous substances: of a kind used in the food or drink industries 6 128 29.7

2 38249090 Other chemical products and mixtures 3 621 17.5

3 17011400 Other cane sugar 2 176 10.5

4 17011300 Cane sugar 1 017 4.9

5 26011100 Non-agglomerated iron ores and concentrates 374 1.8

6 29181400 Citric acid 323 1.6

7 44072900 Other tropical wood 280 1.4

8 61091000 T-shirts, singlets, and other vests of cotton knitted or crocheted 252 1.2

9 17019900 Cane or beet sugar in solid form, nes 215 1.0

10 63053390 Other of polyethylene or polypropylenes(not knitted or crocheted) 213 1.0


8.4. On average imports have increased by 5.4 per cent over the course of the last 10 years amounting to R18.0 billion in 2014 from R11.4 billion in 2004, translating into 0.26 per cent of Africa’s total imports in 2014.The distillate fuel (HS27101230), and petrol (HS27101202) have gained importance in the last decade accounting for 7.7 per cent and 6.5 per cent of the total imports in 2014, respectively.

33


Table 19: Swaziland’s Top Import commodities,


2004

1 33021000 Mixtures of/or with basis of odoriferous subst's incl alc. sol's for food or drink ind. 1 802 15.9

2 27101102 Petrol as defined in additional note 1(b)","LTR" 354 3.1

3 27101130 Distillate fuel as defined in additional note 1(g)","LTR" 301 2.7

4 87032380 six or eight-wheeled vehiclesmass exceeding 600kg and cylinder not exceeding 1000cm3 182 1.6

5 60063290 other dyed knitted/crocheted fabrics of synthetic fibres not elsewhere specified 181 1.6

6 99990000 used personal effects 138 1.2

7 10059000 Maize (excl. seed) 111 1.0

8 87049005 Golf carts, pedestrian type 106 0.9

9 60011000 Long pile fabrics, knitted or crocheted 105 0.9


2014

1 27101230 Distillate fuel as defined in additional note 1(g) 1 391 7.7

2 27101202 Petrol as defined in additional note 1(b) 1 172 6.5

3 30049000 Other medicaments of mixed or unmixed products, for retail sale, not elsewhere specified 339 1.9

4 33021000 Mixtures of/or with basis of odoriferous subst's incl alc. sol's for food or drink ind. 333 1.9

5 87032390 other vehicles of a cylinder capacity exceeding 1500cmcb but not exceeding 3000cmcb NES 253 1.4

6 10059000 Maize (excl. seed) 218 1.2


8 87042190 Other of G.V.M not exceeding 5t diesel /semi diesel 175 1.0

9 99990100 new personal imports 174 1.0

10 49019900 Printed books, brochures, leaflets and similar printed matter, 120 0.7


8.5. Table 20 shows that South Africa has remained Swaziland’s leading destination for exports during the past 10 years, accounting for 61.9 per cent of the total exports in 2014, though its share of total exports has decreased compared to 65.9 per cent recorded in 2004. A similar pattern also reflects on the import side, where South Africa has consistently remained the main source of imports accounting for 87.2 per cent of the total imports in 2014, lower than a share of 92.1 per centrecorded in 2004.

34


Table 20: Swaziland’s Top Trading partners,EXPORT

2004 2014



2 USA 1 046 10.4 Nigeria 1 005 4.9

3 Mozambique 460 4.6 Mozambique 814 3.9

4 New Zealand 300 3.0 USA 727 3.5

5 Kenya 300 3.0 Kenya 702 3.4

6 Australia 247 2.5 Angola 461 2.2

7 China 214 2.1 China 374 1.8

8 United Kingdom 100 1.0 Tanzania 361 1.7

9 Tanzania 98 1.0 Spain 360 1.7

10 Angola 87 0.9 United Kingdom 356 1.7

IMPORTS

2004 2014



2 Taiwan 299 2.6 China 745 4.1

3 Hong Kong 127 1.1 India 266 1.5

4 China 100 0.9 Taiwan 219 1.2

5 Mozambique 78 0.7 USA 129 0.7

6 Germany 29 0.3 Lesotho 107 0.6

7 Japan 28 0.2 United Kingdom 80 0.4

8 Italy 26 0.2 Mauritius 75 0.4

9 India 24 0.2 Germany 51 0.3

10 USA 22 0.2 Zambia 50 0.3


8.6. Swaziland’s intra-SACU exports have more than doubled between 2004 and 2014, increasing from R6.6 billion in 2004 to R13.2 billion in 2014, with South Africa as the main export destination for Swaziland’s commodities within the Common Customs Area. Intra-SACU exports as a share of total exports has slightly declined between 2004 and 2014, accounting for 63.7 per cent in 2014 compared to 66.0 per cent in 2004. Similarly, intra-SACU imports have also increased during the period under review, from R10.5 billion in 2004 compared to R15.8 billion in 2004, with South Africa as the main source of the commodities imported into Swaziland from the Common Customs Area.

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Table 21: Swaziland’s Intra-SACU Trade (R million) 2004 2014


Botswana 2 10 470 145 7

Namibia 0 0 48 107

South Africa 0 3 191 9

Swaziland 6 613 1 12 771 15 660

Total 6 615 10 474 13 155 15 784


36


9. DATA SOURCES

9.1. SACU Statistics Database: Statistics Botswana – Botswana Bureau of Statistics – Lesotho Namibia Statistics Agency – Namibia South African Revenues Services – South Africa Swaziland Revenue Authority– Swaziland9.2. WTO Statistics Database9.3. World Integrated Trade Solutions (WITS)9.4. The SACU statistical database can be accessed via the SACU website or at http://stats.sacu.int

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Sacu SecretariatPrivate Bag 13285, Windhoek, NamibiaCnr Lazarett & Feld Street

[t] +264 61243950[F] +264 61245611[W] www [email protected]

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MERCHANDISE TRADE STATISTICS 2014 - ** Welcome to the … · 2016-06-22 · SACU MERCHANDISE TRADE...

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