South Africa Balance of Trade 1957-2015 | Data | Chart | Calendar

South Africa recorded a trade deficit of 2513 ZAR Million in April of 2015. Balance of Trade in South Africa averaged -460.78 ZAR Million from 1957 until 2015, reaching an all time high of 10327.90 ZAR Million in December of 2010 and a record low of -24487.20 ZAR Million in January of 2013. Balance of Trade in South Africa is reported by the South African Revenue Service.

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South Africa Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
-2513.00 -9.00 10327.90 -24487.20 1957 - 2015 ZAR Million Monthly
Since 2012, South Africa has been posting trade deficits mainly due to higher imports of fuel and high value added goods while exports have been hurt by´several strikes in key mining sectors. In 2013, the biggest trade deficits were recorded with Saudi Arabia, China, India, Germany and Nigeria and the biggest trade surpluses with Botswana, Namibia, Zambia, Mozambique, Zimbabwe, the Netherlands and the United States. This page provides - South Africa Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - South Africa Balance of Trade - was last refreshed on Saturday, May 30, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-03-31 01:00 PM Feb ZAR -8.48B ZAR -24.22B ZAR -5.7B ZAR -5.7B
2015-04-30 01:00 PM Mar ZAR 0.48B ZAR -8.7B (R) ZAR -6.5B ZAR -5.4B
2015-05-29 01:00 PM Apr ZAR -2.5B ZAR -0.01B (R) ZAR -5.5B ZAR -6.3B
2015-06-30 01:00 PM May ZAR -2.5B ZAR -5.4B
2015-07-31 01:00 PM Jun ZAR -4B
2015-08-31 01:00 PM Jul ZAR -5.8B


South Africa Trade Deficit Widens in April


South African trade gap increased to ZAR 2.51 billion in April of 2015 from a revised ZAR 0.01 billion shortfall a month earlier as exports were down 7.5 percent and imports declined at a slower 4.8 percent.

Exports decreased to ZAR 84.01 billion from ZAR 90.85 billion in March, as sales of vehicle and transport equipment (-21 percent) and machinery and electronics (-18 percent) fell the most; Also, base metals went down 14 percent and precious metals and stones sales contracted 6 percent. In contrast, mineral products sales rose 6 percent.

Imports went down to ZAR 86.53 billion from ZAR 90.86 billion in the previous month, as vehicles transport equipment and textiles purchases decreased 21 percent and 18 percent respectively. Imports expansion was reported for machinery and electronics products (+6 percent).

South African Revenue Service | Joana Ferreira | joana.ferreira@tradingeconomics.com
5/29/2015 2:26:22 PM


Recent Releases

South Africa Trade Balance Swings to Surplus
South Africa posted a ZAR 483 million trade surplus in March of 2015, compared to a revised ZAR 8.7 billion deficit in February due to a surge in exports of precious metals and stones. Published on 2015-04-30

South Africa Trade Deficit Narrows in February
South African trade gap shrank to ZAR 8.48 billion in February of 2015 from a record high ZAR 24.22 billion shortfall a month earlier due to a rebound in exports. Published on 2015-03-31


South Africa Trade Last Previous Highest Lowest Unit
Balance of Trade -2513.00 -9.00 10327.90 -24487.20 ZAR Million [+]
Exports 84013.38 90853.83 90853.83 55.80 ZAR Million [+]
Imports 86526.45 90862.87 110321.85 66.10 ZAR Million [+]
Current Account -198000.00 -223000.00 14045.00 -232000.00 ZAR Million [+]
Current Account to GDP -5.40 -5.80 6.00 -7.50 percent [+]
External Debt 145082.00 142314.00 145082.00 33262.00 USD Million [+]
Tourist Arrivals 1399328.00 1447598.00 1536881.00 37430.00 [+]
Gold Reserves 125.19 125.13 183.51 123.48 Tonnes [+]
Crude Oil Production 3.00 3.00 58.00 2.00 BBL/D/1K [+]
Foreign Direct Investment 1684.00 1715.00 1719.00 1.00 ZAR Billion [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1322.00 Mar/15 -1609.00 2254.00 -3877.00 AUD Million [+]
Brazil 491.00 Apr/15 458.00 5659.37 -4058.14 USD Million [+]
Canada -3019.00 Mar/15 -2215.00 8524.80 -3019.00 CAD Million [+]
China 341.34 Apr/15 30.81 606.19 -319.71 USD Hundred Million [+]
Euro Area 23372.90 Mar/15 20300.00 24009.80 -16638.00 EUR Million [+]
France -4575.00 Mar/15 -3623.00 2674.00 -7086.00 EUR Million [+]
Germany 23000.00 Mar/15 19515.32 23500.00 -535.91 EUR Million [+]
India -10990.00 Apr/15 -11790.00 258.90 -20210.90 USD Million [+]
Indonesia 454.40 Apr/15 1025.60 4641.92 -2329.13 USD Million [+]
Italy 4060.39 Mar/15 3537.91 6923.00 -6389.30 EUR Million [+]
Japan -53.44 Apr/15 227.43 1608.67 -2795.04 JPY Billion [+]
Mexico -85.30 Apr/15 479.80 1710.25 -3292.30 USD Million [+]
Netherlands 5401.00 Mar/15 6329.20 6329.20 -907.60 EUR Million [+]
Russia 14981.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8488.00 Apr/15 8380.51 8488.00 -4043.45 USD Million [+]
Spain -890600.00 Mar/15 -2037200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2856.00 Apr/15 2497.00 3894.91 -1478.68 CHF million [+]
Turkey -4966.00 Apr/15 -6153.67 24.51 -10453.06 USD Million [+]
United Kingdom -2817.00 Mar/15 -3318.00 2946.00 -5397.00 GBP Million [+]
United States -51367.00 Mar/15 -35892.00 1946.00 -67823.00 USD Million [+]