An examination of South African imports and exports and various trade agreements.
Written in 2002; 883 words; 8 sources; MLA; $ 31.95
Paper Summary:
This paper provides a brief overview of South African imports and exports. It looks at how South Africa exports in the year 2001 were $32.3 billion f.o.b, while; imports $28.1 billion f.o.b. It shows how the major commodities included in the 2001 exports were gold, diamonds, platinum, other metals and minerals, machinery and equipment and how the commodities for imports comprised of machinery, foodstuffs and equipment, chemicals, petroleum products and scientific instruments.
Outline
Import and Export
South Africa Trade Restrictions, Tariffs and Duties
Re-Exports
Southern African Customs Union (SACU)
Southern African Development Community (SADC)
Trade Agreement with United States
Trade Agreement with Europe
From the Paper:
"In recent years South Africa has decreased the number of restricted goods that required import permits. However, list of restricted goods still includes fish and dairy products due to health concerns, petroleum products for strategic concerns, Montreal Protocol chemicals restricted because of international obligations, pneumatic tyres for quality specifications, footwear in terms and respect of monitoring of WTO quotas, and finally firearms and ammunition for the purpose of safety measures (TDC Trade, 2002). However, import permits are available from the Director of Import and Export and failure to produce a required permit results in the imposition of penalties (TDC Trade, 2002)."
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