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South Africa

US Revised Tariffs (%)

10

Ease of doing business

theboardiQ Tariffs Dashboard:

Powering Mutually Beneficial Global Trade.

 

Understand the complexities of international tariffs and ease of doing business across nations to cultivate balanced trade relationships, streamline operations, and deliver cost savings to end consumers.

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Share of US Imports % (1 implies <1%)
US Tariff %
Revised Tariff %
Country Tariff Rate %
1
30
10
4.7
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
5.82
14.66
-8.84

US Revised Tariffs

Country Tariffs

Balance of Trade

Commercial Guide

Learn about the market conditions, opportunities, regulations, and business conditions in countries, prepared by U.S. Embassies worldwide, Commerce Department, State Department and other U.S. agencies’ professionals

Tariff Rate for US

World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and global imports data from the United Nations Statistics Division's Comtrade database.

US Imports Guide 

United States Imports from Countries during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Countries- data, historical chart and statistics - was last updated on April of 2025.

Implications

"As of today, Sunday, April 20, 2025, the tariff situation between the United States and South Africa is marked by significant recent changes. Here's the latest update: US Tariffs on South African Goods: 30% Reciprocal Tariff: As announced by the Trump administration, a 30% reciprocal tariff is in effect on most goods imported from South Africa into the United States. This tariff went into effect on April 9, 2025. 10% Universal Tariff: In addition to the reciprocal tariff, a 10% baseline tariff applies to all goods entering the U.S. unless specifically exempted. This has been in place since April 5, 2025. Cumulative Impact: The combined effect of these tariffs means that most South African exports to the U.S. now face a 40% tariff (10% + 30%). This significantly increases the cost for U.S. importers of South African goods. Vehicles and Auto Parts: A separate 25% tariff is imposed on imported vehicles and automotive components from South Africa, effective April 3, 2025. This rate supersedes the 40% cumulative rate for this specific sector. Exemptions: Certain goods have been exempted from the reciprocal tariffs. These notably include: Copper Pharmaceuticals Semiconductors Lumber articles Certain critical minerals Energy and energy products Impact on AGOA: These new tariffs effectively nullify the preferential access that South Africa previously enjoyed under the African Growth and Opportunity Act (AGOA) for over 1,800 products. South Africa's Tariffs on US Goods: According to recent reports (April 2025), South Africa imposes a relatively moderate overall tariff of 7.6% on products imported from the United States. The tariff on agricultural imports from the U.S. is slightly higher, at 8.5%. There are concerns from the U.S. that South Africa could potentially increase these tariffs significantly under its World Trade Organization (WTO) tariff bounds. South Africa has, in the past, used tariffs to protect domestic industries, such as increasing tariffs on ""bone-in chicken"" from the U.S., significantly reducing American exports. Key Implications and Reactions: Significant Cost Increase: The 40% tariff on most South African goods will likely make them considerably more expensive for American consumers and businesses. Threat to South African Exports: The tariffs pose a significant threat to South Africa's exports to the U.S., which amounted to $14.7 billion in 2024. Key sectors like automotive, agriculture (especially citrus), and metals are particularly vulnerable. Job Losses: The Citrus Growers' Association of Southern Africa has warned that the tariffs could threaten up to 35,000 jobs in their sector alone. End of AGOA Benefits: The new tariffs effectively negate the duty-free access South African goods had under AGOA, a trade deal intended to boost African economic development. South Africa's Response: The South African government has expressed concern over the ""unilaterally imposed and punitive tariffs"" and is urging negotiations for a new, mutually beneficial trade agreement with the U.S. They also emphasize diversifying trade relations and leveraging the African Continental Free Trade Area (AfCFTA). US Rationale: The Trump administration has justified these tariffs as a measure to address trade imbalances and support U.S. manufacturing, claiming that South Africa imposes high tariffs on American goods (a claim not fully supported by available data on applied tariffs). In summary, the recent imposition of substantial tariffs by the United States on South African goods marks a significant shift in the trade relationship between the two countries, potentially leading to reduced trade volumes and economic challenges for South Africa. The future of the trade relationship will likely depend on any potential negotiations or adjustments to these tariff policies."

US Negotiation Strategy

Based on the 2024 data, the top imports to the US from South Africa by value are: Pearls, precious stones, metals, coins ($8.47 Billion). This category is dominated by platinum, gold, and other precious metal products. In January 2025 alone, "Other Precious Metal Products" accounted for $1.21 Billion of imports from South Africa to the US.   Vehicles other than railway, tramway ($2.27 Billion). This primarily includes passenger vehicles. Iron and steel ($518.68 Million). Aluminum ($399.79 Million). Ores, slag and ash ($383.13 Million). Here's a look at which states in the US can manufacture similar goods, along with examples of companies: Pearls, precious stones, metals, coins (specifically platinum, gold, other precious metals): Nevada: Has significant gold and silver mining operations. Companies include Newmont Corporation and Barrick Gold Corporation, though their operations are broader than just Nevada.   Alaska: Also has active gold and platinum mining. Companies include Novagold Resources (gold).   Montana: Has mining operations for various metals, including precious metals. Wyoming: Contains platinum group metal deposits. It's important to note that while the US has mining operations, it's a significant importer of platinum group metals like those from South Africa, crucial for various industrial applications. Companies like Stillwater Critical Minerals (Montana) are involved in platinum and palladium mining and recycling.   Vehicles other than railway, tramway: Michigan: The traditional heart of the US automotive industry. Major companies include Ford Motor Company, General Motors (GM), and Stellantis.   California: A significant player in electric vehicle manufacturing, with companies like Tesla headquartered there. South Carolina: Has become a major automotive manufacturing hub, hosting plants for BMW and Volvo.   Alabama: Home to manufacturing facilities for Mercedes-Benz and Hyundai.   Tennessee: Has manufacturing plants for Nissan and Volkswagen. Other states with significant automotive manufacturing include Kentucky, Ohio, and Indiana.   Iron and steel: Pennsylvania: Has a long history of steel production. Companies include U.S. Steel and Nucor.   Indiana: Another major steel-producing state with facilities for companies like ArcelorMittal and Steel Dynamics Inc.   Ohio: Also has a significant steel manufacturing presence.   Illinois: Has steel mills and fabrication plants.   Aluminum: Washington: Home to significant aluminum production due to access to hydroelectric power. Companies include Alcoa and Kaiser Aluminum. Kentucky: Also has aluminum production facilities. Indiana: Has aluminum manufacturing plants.   Ores, slag, and ash: This is a broad category related to mining byproducts. States with significant mining industries would be involved, including:   Arizona: Copper mining generates slag. Utah: Copper and other metal mining. Minnesota: Iron ore mining. The specific companies involved would depend on the type of ore and the mining operations in each state. It's important to recognize that even when the US has domestic manufacturing capabilities, factors like cost, specific grades or types of materials, and established supply chains can still make imports from countries like South Africa necessary and economically viable.

Investing in USA

theboardiQ Economic Relevance Score, ranks States of USA based on 11 parameters

Sources : ForbesUSDA Economic Research | TCGen Total Innovation Rank Index | Best States for Manufacturing | World Population Review | Tax Foundation | US News | BEA Data | Wikipedia International Trade Administration

theboardiQ's Economic Relevance Score provides a comprehensive, data-driven assessment of a nation's economic vitality and global significance. This score is meticulously calculated using 11 key parameters, each reflecting a critical facet of economic performance. It analyzes the representation of Fortune 500 companies within a nation, a strong indicator of its business environment and market size. The balance of trade surplus or deficit reveals the nation's international competitiveness and export strength. It incorporates Gross Domestic Product (GDP), a fundamental measure of overall economic output, and examine the health of key sectors like agriculture and manufacturing. The score also accounts for innovation, gauging a nation's ability to drive future growth through technological advancements. Crucial labor market indicators such as employment rates are considered, alongside fiscal policies reflected in tax rates. To capture the lived experience of citizens, it assesses cost of living and disposable income, providing insight into purchasing power and economic well-being. Finally, education levels are integrated, recognizing their pivotal role in fostering a skilled workforce and driving long-term economic development. By synthesizing these 11 parameters, theboardiQ's Economic Relevance Score delivers a nuanced and holistic view of a nation's economic standing, enabling informed strategic decisions. The Top 5 States in the assessment are Texas, North Carolina, Virginia, Florida and Washington. Texas does consistently well across most of the 11 variables especially in the areas of GDP, F500 representation in the State, Balance of Trade where it ranks 2nd nationally. North Carolina scores as the highest-ranking state nationally in manufacturing and performs consistently across the other variables. Virginia does well in disposable income where it ranks 3rd nationally. It also scores high in the variables of manufacturing and employment Florida holds the 4th ranking nationally for GDP and Tax Washington State scores the top spot for disposable income nationally, 2nd for education and 3rd for innovation. Colorado, with an overall rank of 7 scores the top spot for Education (schools and higher education). Nebraska, that ranked 10th overall, did well in Agriculture where it is ranked 3rd nationally as well as Trade Balance where it ranked 5th. Illinois, though ranked 20th overall did well nationally in F500 representation, GDP, Agriculture, and Disposable Income. Pennsylvania comes in at 21 overall doing well nationally in GDP (6th); Manufacturing (8th) and F500 representation (8th) New York scores 23rd overall with a 2 ranking in Disposable Income nationally, as well as 3rd in both F500 representation and GDP. California comes in at 29th overall and has the top spot ranking in a whopping 4 variables nationally – GDP, Innovation, Agriculture and F500 representation. However, performance in the areas of Trade Balance, Cost of Living, Tax, Manufacturing and Employment resulted in the overall ranking dipping. Wyoming at 30th overall scores the top spot nationally in the area of Tax Massachusetts at 31 overall does well in innovation where it is ranked 2nd nationally Arkansas at 36 and Alabama at 39, do well in overall Cost of Living where they are ranked 2nd and 3rd nationally, respectively. Louisiana ranked 44th overall is ranked 1st in Trade Balance nationally.

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