South Africa Balance of Trade  1957-2017 | Data | Chart | Calendar

South Africa posted a trade surplus of ZAR 5.22 billion in February of 2017 compared to an upwardly revised ZAR 11.22 billion gap in January. Exports advanced 9.4 percent, due to higher sales of vehicles & transport equipment and machinery & electronics while imports went down 9.7 percent, mainly due to lower purchases of machinery & electronics. Balance of Trade in South Africa averaged -10.84 ZAR Million from 1957 until 2017, reaching an all time high of 18730.94 ZAR Million in May of 2016 and a record low of -23426.17 ZAR Million in January of 2015.

South Africa Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-31 12:00 PM Dec ZAR 12.04B ZAR -1.68B ZAR 6B ZAR 3.5B
2017-02-28 12:00 PM Jan ZAR -10.81B ZAR 12.41B ZAR-16B ZAR -13B
2017-03-31 12:00 PM Feb ZAR 5.22B ZAR -11.22B ZAR 1B
2017-04-28 12:00 PM Mar ZAR 5.22B ZAR -4B
2017-05-31 12:00 PM Apr
2017-06-30 12:00 PM May




South Africa Trade Balance Swings To Surplus in February


South Africa posted a trade surplus of ZAR 5.22 billion in February of 2017 compared to an upwardly revised ZAR 11.22 billion gap in January. Exports advanced 9.4 percent, due to higher sales of vehicles & transport equipment and machinery & electronics while imports went down 9.7 percent, mainly due to lower purchases of machinery & electronics.

Exports rose to ZAR 87.8 billion mainly driven by higher sales of vehicles & transport equipment (79 percent), machinery & electronics (25 percent), base metals (10 percent), plastics & rubber (33 percent) and prepared foodstuff (17 percent). Major destinations for exports were China (8.6 percent of total exports), Germany (7.9 percent), the US (6.7 percent), Japan (5.7 percent) and India (4.6 percent).

Imports declined to 82.6 billion, as purchases went down for: machinery & electronics (-18 percent), chemical products (-10 percent), plastic & rubber (-22 percent), base metals (-15 percent), vegetable products (-25 percent) and vehicles & transport equipment (-6 percent). Imports came mainly from China (18.3 percent of total imports), Germany (11.8 percent), the US (6.4 percent), Saudi Arabia (5.5 percent) and India (4.9 percent). 

Excluding trade with neighboring Botswana, Lesotho, Namibia and Swaziland, the country posted a trade gap of ZAR 1.2 billion in February. 

South African Revenue Service | Deborah Neves | deborah.neves@tradingeconomics.com
3/31/2017 12:57:05 PM



South Africa Trade Last Previous Highest Lowest Unit
Balance of Trade 5216.14 -11215.81 18730.94 -23426.17 ZAR Million [+]
Exports 87787.53 80588.63 105163.26 55.80 ZAR Million [+]
Imports 82571.39 91400.22 110258.82 66.10 ZAR Million [+]
Current Account -76438.00 -165718.00 15627.00 -241786.00 ZAR Million [+]
Current Account to GDP -3.30 -4.40 6.00 -7.50 percent [+]
External Debt 142833.00 141530.00 145082.00 33262.00 USD Million [+]
Tourist Arrivals 1558854.00 1554048.00 1558854.00 37430.00 [+]
Gold Reserves 125.25 125.25 183.51 123.48 Tonnes [+]
Terrorism Index 3.53 4.23 4.23 0.22 [+]
Weapons Sales 39.00 59.00 235.00 1.00 USD Million [+]
Crude Oil Production 2.00 2.00 58.00 2.00 BBL/D/1K [+]
Foreign Direct Investment 1873.00 1958.00 2089.00 1.00 ZAR Billion [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



South Africa Balance of Trade Notes

In 2015, South Africa recorded the biggest trade deficits with China, Germany, Nigeria, Saudi Arabia, Thailand, France, Italy and India and the biggest trade surpluses with Botswana, Namibia, Zambia, Zimbabwe, Mozambique, Belgium and Japan. . This page provides the latest reported value for - South Africa Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5216.14 -11215.81 18730.94 -23426.17 1957 - 2017 ZAR Million Monthly



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Australia 3574.00 Feb/17
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Belgium 2241.40 Feb/17
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Bhutan -35828.70 Dec/16
Bolivia -265.44 Dec/16
Bosnia and Herzegovina -594537.04 Mar/17
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Brazil 7145.00 Mar/17
Brunei 376.90 Feb/17
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Chad 1166.10 Dec/11
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China 239.20 Mar/17
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Costa Rica -385.90 Mar/17
Croatia -3822.78 Feb/17
Cuba -9578.00 Dec/15
Cyprus -273026.00 Feb/17
Czech Republic 38954.00 Feb/17
Denmark 4108.40 Feb/17
Djibouti -168260.00 Dec/15
Dominican Republic -589.40 Jun/16
East Timor -9404.27 Dec/16
Ecuador 283225.00 Feb/17
Egypt -2084.00 Feb/17
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Equatorial Guinea 2723.70 Dec/10
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European Union 1699.20 Feb/17
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Finland -280.00 Feb/17
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Georgia -397.10 Mar/17
Germany 19881.00 Feb/17
Ghana 46.90 Dec/16
Greece -1977.80 Feb/17
Guatemala -541.00 Jan/17
Guinea 32.97 Sep/16
Guinea Bissau 8.20 Dec/15
Guyana -133.90 Sep/16
Haiti -236.40 Sep/16
Honduras -452.80 Dec/16
Hong Kong -42268.00 Mar/17
Hungary 281000.00 Feb/17
Iceland -16200.00 Mar/17
India -10437.20 Mar/17
Indonesia 1234.00 Mar/17
Iran 4127.00 Sep/16
Iraq 4397.00 Dec/15
Ireland 4735800.00 Feb/17
Israel -1036.10 Mar/17
Italy 1884.00 Feb/17
Ivory Coast 1256.00 Dec/15
Jamaica -723200.00 Jun/16
Japan 614.72 Mar/17
Jordan -709700.00 Jan/17
Kazakhstan 1577.20 Feb/17
Kenya -76470.00 Dec/16
Kosovo -233399.00 Mar/17
Kuwait 1693.00 Dec/16
Kyrgyzstan -111.20 Feb/17
Laos -339.15 Jun/16
Latvia -151.80 Feb/17
Lebanon -1421.92 Feb/17
Lesotho -2305.61 Sep/16
Liberia -82.20 Sep/16
Libya -7687.60 Dec/15
Liechtenstein 343493.00 Dec/16
Lithuania -250.20 Feb/17
Luxembourg -0.63 Feb/17
Macau -5347600.00 Mar/17
Macedonia -142509.00 Feb/17
Madagascar 20810.00 Dec/16
Malawi -52012.50 Sep/16
Malaysia 8708.72 Feb/17
Maldives -171.90 Nov/16
Mali -226.10 Sep/15
Malta -127663.00 Feb/17
Mauritania -79.64 Mar/16
Mauritius -5647.00 Feb/17
Mexico -183.00 Mar/17
Moldova -156.10 Feb/17
Monaco -119.40 Dec/16
Mongolia 189.40 Mar/17
Montenegro -165285.00 Mar/17
Morocco -11927.00 Feb/17
Mozambique 18.20 Dec/16
Myanmar -332.60 Jul/16
Namibia -10235.56 Dec/16
Nepal -65907.40 Sep/16
Netherlands 5585.00 Feb/17
New Caledonia -10978.00 Dec/16
New Zealand 332.00 Mar/17
Nicaragua -268.30 Dec/16
Niger -108402.00 Sep/16
Nigeria 227044.30 Dec/16
North Korea -476.67 Dec/15
Norway 22719.43 Mar/17
Oman 205.90 Nov/16
Pakistan -336061.00 Mar/17
Palestine -334.00 Feb/17
Panama -698306.16 Feb/17
Papua New Guinea 4593.00 Sep/16
Paraguay 118135.00 Mar/17
Peru 741.00 Feb/17
Philippines -1728241.69 Feb/17
Poland -537.00 Feb/17
Portugal -746.19 Feb/17
Puerto Rico 2830.80 Dec/16
Qatar 12321.00 Feb/17
Republic of the Congo 4092.35 Dec/10
Romania -651.60 Feb/17
Russia 10171.00 Feb/17
Rwanda -116.57 Nov/16
Sao Tome and Principe -27.04 Dec/16
Saudi Arabia 88253.00 Dec/16
Senegal -149.50 Jan/17
Serbia -469.70 Mar/17
Seychelles -23.40 Feb/17
Sierra Leone -52.89 Jun/16
Singapore 6098.90 Mar/17
Slovakia 344.00 Feb/17
Slovenia 15.03 Feb/17
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South Korea 6550.00 Mar/17
South Sudan -104.70 Dec/15
Spain -2606000.00 Feb/17
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Switzerland 3101.03 Mar/17
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Tanzania 150.30 Jan/17
Thailand 1616.92 Mar/17
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Trinidad and Tobago -364.10 Jun/16
Tunisia -1368.30 Mar/17
Turkey -4492.00 Mar/17
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