Balance of trade · South Africa

South Africa Balance of Trade

The South Africa Balance of Trade shows the difference between the value of goods (and sometimes services) that South Africa sells abroad and what it buys from abroad, or the growth of exports and imports.

Wichtigkeit
Low
Veröffentlicht
Monthly
Nächste Veröffentlichung
Währung
ZAR · South African rand
Zentralbank
The South African Reserve Bank
Bewegt
EURZAR · USDZAR

Neueste Zahlen

Die letzte Veröffentlichung, für SEP, erschien am 2026-10-30 und lag bei ZAR19.8B.

VeröffentlichtFürIstKonsensVorher
30 Oct 2026SEPZAR19.8B–ZAR18.97B ®
30 Sep 2026AUGZAR20.47B–ZAR18.04B ®
31 Aug 2026JULZAR20.14B–ZAR17.23B ®
31 Jul 2026JUNZAR17.75B–ZAR4.44B ®
30 Jun 2026MAYZAR-1.79B–ZAR14.43B ®
29 May 2026APRZAR15.16B–ZAR30.21B ®
30 Apr 2026MARZAR31.87B–ZAR35.86B ®
31 Mar 2026FEBZAR36.92B–ZAR8.5B ®
27 Feb 2026JANZAR9.31B–ZAR22.38B ®
30 Jan 2026DECZAR23.18B–ZAR37.92B ®
31 Dec 2025NOVZAR 37.7B–ZAR15B ®
28 Nov 2025OCTZAR15.58B–ZAR22.25B ®

Im Wirtschaftskalender ansehen →

Warum es wichtig ist

Exports are a big part of demand for open economies (Germany, China, Japan, Korea, the Netherlands). A larger surplus means more foreign demand for the South African rand; strong imports signal domestic demand. China's figures are read as a gauge of world demand.

So wird gerechnet

Customs records the value of goods crossing the border; services come from surveys. The balance is exports minus imports, usually seasonally adjusted.

Trade balance = exports − imports

Was Veränderungen bedeuten

  • Look at exports and imports separately: a wider surplus from collapsing imports is a sign of weak domestic demand, not strength.
  • Exchange-rate moves take months to affect trade volumes (the J-curve).

Höher als erwartet: A larger surplus (or smaller deficit) than expected tends to support the South African rand.

Niedriger als erwartet: A smaller surplus (or larger deficit) than expected tends to weigh on the South African rand.

Eine kurze Geschichte

Trade balances were the obsession of mercantilism in the 16th–18th centuries; David Hume's price-specie flow mechanism (1752) explained why surpluses tend to correct themselves.

Fragen

What is the South Africa Balance of Trade?

The South Africa Balance of Trade shows the difference between the value of goods (and sometimes services) that South Africa sells abroad and what it buys from abroad, or the growth of exports and imports.

What was the latest South Africa Balance of Trade?

ZAR19.8B for SEP, published on 30 October 2026.

When is the next South Africa Balance of Trade?

On Monday 30 November 2026 at 12:00 UTC.

Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.