South Africa Balance of Trade  1957-2018 | Data | Chart | Calendar

South Africa trade surplus decreased to ZAR 1.14 billion in April of 2018 from a downwardly revised ZAR 9.30 billion in the prior month, missing market expectations of a ZAR 3.7 billion surplus. Considering the January to April period, the country recorded a trade deficit of ZAR 17.6 billion. Balance of Trade in South Africa averaged 81.66 ZAR Million from 1957 until 2018, reaching an all time high of 18730.94 ZAR Million in May of 2016 and a record low of -27100 ZAR Million in January of 2018.

South Africa Balance of Trade
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South Africa Trade Surplus Narrows Sharply in April


South Africa trade surplus decreased to ZAR 1.14 billion in April of 2018 from a downwardly revised ZAR 9.30 billion in the prior month, missing market expectations of a ZAR 3.7 billion surplus. Considering the January to April period, the country recorded a trade deficit of ZAR 17.6 billion.

Exports went down 9.8 percent month-over-month to ZAR 88.5 billion in April of 2018, dragged down by lower sales of vehicles and transport equipment (-19 percent); base metals (-11 percent); mineral products (-5 percent); precious metals and stones (-7 percent) and chemical products (-15 percent). The most important export partners were: China (9.8 percent of total exports), the US (6.6 percent), Germany (6.5 percent), India (5.2 percent) and Japan (4.7 percent).

Imports declined 1.6 percent month-over-month to ZAR 87.4 billion, mostly due to lower purchases of base metals (-17 percent); textiles (-17 percent); chemical products (-4 percent) and vehicles and transport equipment (-4 percent). In contrast, imports increased for mineral products (9 percent). Main import partners were: China (16.4 percent of total imports), Germany (9.6 percent), Saudi Arabia (6.7 perent) and the US (6.3 percent).

Excluding trade with neighboring Botswana, Lesotho, Namibia and Swaziland, the country posted a trade deficit of ZAR 6.2 billion in April.


South African Revenue Service | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/31/2018 2:35:01 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-03-29 12:00 PM Balance of Trade ZAR0.43B ZAR-27.1B ZAR-3B ZAR -5.7B
2018-04-30 12:00 PM Balance of Trade ZAR9.47B ZAR-0.6B ZAR3.7B ZAR0.43B
2018-05-31 12:00 PM Balance of Trade ZAR1.14B ZAR9.47B ZAR3.7B ZAR 4.2B
2018-06-29 12:00 PM Balance of Trade ZAR1.14B ZAR3B ZAR 2.3B
2018-07-31 12:00 PM Balance of Trade ZAR 8B
2018-08-31 12:00 PM Balance of Trade ZAR -5.6B


South Africa Trade Last Previous Highest Lowest Unit
Balance of Trade 1140.00 9303.00 18730.94 -27100.00 ZAR Million [+]
Exports 88498.00 98287.10 116185.90 55.80 ZAR Million [+]
Imports 87357.00 88812.60 110258.82 66.10 ZAR Million [+]
Current Account -137455.00 -98714.00 15627.00 -246452.00 ZAR Million [+]
Current Account to GDP -2.50 -2.80 6.00 -7.50 percent [+]
External Debt 173319.00 163311.00 173319.00 33262.00 USD Million [+]
Tourist Arrivals 1317875.00 1181071.00 1598893.00 37430.00 [+]
Gold Reserves 125.30 125.30 183.51 123.48 Tonnes [+]
Terrorism Index 4.09 3.53 4.23 0.22 [+]
Weapons Sales 74.00 65.00 235.00 1.00 USD Million [+]
Crude Oil Production 2.00 2.00 58.00 2.00 BBL/D/1K [+]
Foreign Direct Investment 1850.00 1916.00 2101.00 1.00 ZAR Billion [+]

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



South Africa Balance of Trade

In 2017, South Africa recorded the biggest trade deficits with China, Saudi Arabia, Germany, Thailand, France, Nigeria, Italy and Brazil and the biggest trade surpluses with Botswana, Namibia, Zambia, Zimbabwe, Mozambique, Belgium and Netherlands. 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1140.00 9303.00 18730.94 -27100.00 1957 - 2018 ZAR Million Monthly




balance of trade by Country
Country Last
Australia 977.00 Apr/18
Brazil 5981.00 May/18
Canada -1902.20 Apr/18
China 249.22 May/18
Euro Area 16704.70 Apr/18
France -4954.00 Apr/18
Germany 20413.00 Apr/18
India -14620.00 May/18
Indonesia -1629.30 Apr/18
Italy 2937.96 Apr/18
Japan -578.32 May/18
Mexico -289.15 Apr/18
Netherlands 3841.00 Apr/18
Russia 15316.00 Apr/18
South Korea 6732.00 May/18
Spain -830631.00 Mar/18
Switzerland 2798.79 Apr/18
Turkey -6690.00 Apr/18
United Kingdom -5280.00 Apr/18
United States -46199.00 Apr/18


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