South Africa Balance of Trade  1957-2016 | Data | Chart | Calendar

South Africa posted a higher-than-expected trade surplus of ZAR 12.5 billion in June of 2016 from a downwardly revised deficit of ZAR 18.3 billion in the previous month. The figure came way above market expectations of ZAR 7.2 billion surplus, as exports went up 0.7 percent and imports increased at a faster 7.6 percent. In the first half of 2016, the trade surplus came in at ZAR 12.5 billion compared to a ZAR 22 billion trade deficit a year earlier. Balance of Trade in South Africa averaged -34.79 ZAR Million from 1957 until 2016, 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. Balance of Trade in South Africa is reported by the South African Revenue Service.

South Africa Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
12530.50 18730.94 18730.94 -23426.17 1957 - 2016 ZAR Million Monthly
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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-31 12:00 PM Apr ZAR 0.43B ZAR 2.03B ZAR -2.55B ZAR -1.7B
2016-06-30 12:00 PM May ZAR 18.7B ZAR -0.12B ZAR 3.1B -1.5B
2016-07-29 12:00 PM Jun ZAR 12.53B ZAR 18.3B ZAR 7.2B ZAR 8.2B
2016-08-31 12:00 PM Jul ZAR 12.53B ZAR 11B
2016-09-30 12:00 PM Aug ZAR 6.6B
2016-10-31 12:00 PM Sep ZAR -1.9B

South Africa Trade Surplus Beats Estimates


South Africa posted a higher-than-expected trade surplus of ZAR 12.5 billion in June of 2016 from a downwardly revised deficit of ZAR 18.3 billion in the previous month. The figure came way above market expectations of ZAR 7.2 billion surplus, as exports went up 0.7 percent and imports increased at a faster 7.6 percent.

Exports rose by ZAR 0.7 billion or 0.7 percent to ZAR 105.22 billion in June of 2016 from an downwardly revised ZAR 104.68 billion in the previous month, as sales went up vegetable products (+20 percent) and machinery & electronics (+4 percent). In contrast, outbound shipments fell for vehicles & transport equipment (-4 percent), precious metals and stones (-3 percent) and mineral product (-2 percent). The main export partners were Germany (7.8 percent of total exports) China (7.6 percent), the US (7.1 percent), the United Kingdom (6.2 percent) and Botswana (4.7 percent).

Imports jumped by ZAR 6.5 billion or 7.6 percent to ZAR 92.7 billion from an upwardly revised ZAR 86.1 billion in a month earlier, boosted by higher purchases of vegetable products (+28 percent), mineral products (+20 percent), original equipment components (+10 percent), chemicals (+7 percent) and machinery and electronics (+6 percent). The major sources of imports to South Africa were China (17.5 percent of total imports), Germany (12.4 percent), the US (7 percent), Saudi Arabia (4.5 percent) and India (4.1 percent).

In the first half of 2016, the trade surplus recorded at ZAR 12.5 billion compared to ZAR 22 billion trade deficit a year earlier.

South African Revenue Service | Mojdeh Kazemi | mojdeh@tradingeconomics.com
7/29/2016 1:29:07 PM

South Africa Trade Last Previous Highest Lowest Unit
Balance of Trade 12530.50 18730.94 18730.94 -23426.17 ZAR Million [+]
Exports 105224.02 104683.70 105224.02 55.80 ZAR Million [+]
Imports 92693.52 85952.70 110258.82 66.10 ZAR Million [+]
Current Account -211000.00 -191000.00 15627.00 -232546.00 ZAR Million [+]
Current Account to GDP -4.40 -5.40 6.00 -7.50 percent [+]
External Debt 129159.00 124070.00 145082.00 33262.00 USD Million [+]
Tourist Arrivals 1279297.00 1320375.00 1558854.00 37430.00 [+]
Gold Reserves 125.22 125.22 183.51 123.48 Tonnes [+]
Crude Oil Production 3.00 3.00 58.00 2.00 BBL/D/1K [+]
Foreign Direct Investment 2089.00 1942.00 2089.00 1.00 ZAR Billion [+]
Terrorism Index 4.23 3.52 4.23 0.22 [+]
Weapons Sales 39.00 59.00 235.00 1.00 USD Million [+]




Last
Afghanistan -7159.00 Dec/15
Albania -28379.00 Jun/16
Algeria -1308.00 Dec/15
Angola 3002.24 Dec/15
Argentina 126.00 Jun/16
Armenia -100.70 Jun/16
Aruba -520.80 Dec/15
Australia -2218.00 May/16
Austria 239.00 Apr/16
Azerbaijan 621706.00 Mar/16
Bahamas -514.90 Dec/15
Bahrain 1513.00 Dec/15
Bangladesh -66.65 Apr/16
Barbados -254822.00 Dec/15
Belarus -235.00 May/16
Belgium 2040.60 May/16
Belize -131.30 Apr/16
Benin -164.32 Mar/16
Bhutan -26021.60 Dec/15
Bolivia -109.57 Feb/16
Bosnia and Herzegovina -539891.56 May/16
Botswana 3307.90 Apr/16
Brazil 3973.00 Jun/16
Brunei 190.90 May/16
Bulgaria -312.60 May/16
Burkina Faso -49.00 Sep/14
Burundi -76937.10 Mar/16
Cambodia -109.60 Feb/16
Cameroon -1054.40 Dec/13
Canada -3276.80 May/16
Cape Verde -4397.50 May/16
Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile -33.00 Jun/16
China 481.08 Jun/16
Colombia -0.90 May/16
Comoros -73294.00 Dec/14
Congo 1001.80 Dec/14
Costa Rica -511.70 Jun/16
Croatia -4146.70 May/16
Cuba -9578.00 Dec/15
Cyprus -876144.00 May/16
Czech Republic 41538.00 May/16
Denmark 5481.90 May/16
Djibouti -119840.00 Dec/14
Dominican Republic -688.50 Dec/15
East Timor -38853.09 May/16
Ecuador 305020.00 May/16
Egypt -2866.00 May/16
El Salvador -411.97 Jun/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -149.00 Dec/12
Estonia -158.60 May/16
Ethiopia -3557.70 Dec/15
Euro Area 24559.40 May/16
European Union 6351.70 May/16
Fiji -262673.00 Dec/15
Finland -100.00 May/16
France -2840.00 May/16
Gabon 3711.95 Dec/13
Gambia -2269.53 Dec/14
Georgia -1297.15 Jun/16
Germany 21033.00 May/16
Ghana -773.70 Mar/16
Greece -1508.70 May/16
Guatemala -499.04 Apr/16
Guinea -103.83 Jun/13
Guinea Bissau -23.80 Dec/14
Guyana -77.30 Sep/15
Haiti -179.27 Sep/15
Honduras -372.50 Mar/16
Hong Kong -45595.00 Jun/16
Hungary 238000.00 May/16
Iceland -12300.00 Jun/16
India -8116.20 Jun/16
Indonesia 900.20 Jun/16
Iran 4258.00 Dec/15
Iraq 38780.80 Dec/14
Ireland 3961700.00 May/16
Israel -1459.60 Jun/16
Italy 5033.00 May/16
Ivory Coast 890.60 Dec/14
Jamaica -761100.00 Dec/15
Japan 692.84 Jun/16
Jordan -762247.00 Apr/16
Kazakhstan 681.90 May/16
Kenya -66307.00 May/16
Kosovo -211003.00 May/16
Kuwait 402.00 Mar/16
Kyrgyzstan -216.90 Mar/16
Laos -488.34 Sep/15
Latvia -160.50 May/16
Lebanon -1373.07 Apr/16
Lesotho -3543.23 Mar/16
Liberia -79.80 Apr/16
Libya -17675.60 Dec/14
Liechtenstein 371580.00 Mar/16
Lithuania -272.50 May/16
Luxembourg -0.39 May/16
Macau -4571042.93 May/16
Macedonia -209476.00 May/16
Madagascar 101517.00 Mar/16
Malawi -31524.80 Sep/15
Malaysia 3300.00 May/16
Maldives -165.70 Apr/16
Mali -100.60 Mar/15
Malta -256269.00 May/16
Mauritania -24.89 Dec/15
Mauritius -6912.00 May/16
Mexico -523.64 Jun/16
Moldova -175.00 May/16
Monaco 7.80 Mar/16
Mongolia 118.00 May/16
Montenegro -167262.00 Jun/16
Morocco -16665.00 Jun/16
Mozambique -1754.40 Dec/15
Myanmar -639.40 Dec/15
Namibia -6141.52 Mar/16
Nepal -58541.90 Dec/15
Netherlands 4339.00 May/16
New Caledonia -11870.00 Mar/16
New Zealand 127.00 Jun/16
Nicaragua -195.00 Apr/16
Niger -441985.00 Sep/15
Nigeria -171309.90 Mar/16
North Korea -476.67 Dec/15
Norway 6971.00 Jun/16
Oman -45.20 Dec/15
Pakistan -294469.00 Jun/16
Palestine -326.70 Mar/16
Panama -971892.17 May/16
Papua New Guinea 3957.00 Dec/15
Paraguay 54678.00 May/16
Peru 65.00 May/16
Philippines -2021440.00 May/16
Poland 127.00 May/16
Portugal -937.00 May/16
Puerto Rico 2091.50 Apr/16
Qatar 8329.00 Jun/16
Republic of the Congo 4092.35 Dec/10
Romania -979.70 May/16
Russia 7530.00 May/16
Rwanda -142.60 May/16
Sao Tome and Principe -24.59 Mar/16
Saudi Arabia 22467.00 Dec/15
Senegal -107.41 May/16
Serbia -464.50 Jun/16
Seychelles -49.80 May/16
Sierra Leone -33.70 Dec/15
Singapore 5194.70 Jun/16
Slovakia 427.30 May/16
Slovenia 73.02 May/16
Somalia -1473.48 Dec/15
South Africa 12530.50 Jun/16
South Korea 11497.44 Jun/16
South Sudan -3492.00 Dec/14
Spain -940900.00 May/16
Sri Lanka -620.70 Mar/16
Sudan -489010.00 Mar/16
Suriname -23.00 Mar/16
Swaziland 1217.38 Dec/15
Sweden 1800.00 Jun/16
Switzerland 3546.46 Jun/16
Syria 9394.50 Dec/10
Taiwan 3580.00 Jun/16
Tajikistan -235.60 May/16
Tanzania -223.30 Apr/16
Thailand 1970.00 Jun/16
Togo -68.29 Dec/14
Trinidad and Tobago 258.50 Dec/15
Tunisia -898.60 Jun/16
Turkey -5054.00 May/16
Turkmenistan 2431.94 Dec/14
Uganda -161.60 May/16
Ukraine 186.70 May/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -2263.00 May/16
United States -41144.00 May/16
Uruguay 96682.00 May/16
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam -100.00 Jul/16
Yemen -2914.30 Dec/13
Zambia -751.30 Apr/16
Zimbabwe -322.86 Mar/16