South Africa recorded a trade surplus of 22040 ZAR Million in June of 2025. This dataset 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.

Key information about South Africa's Trade Balance

• South Africa's Trade Balance recorded a deficit of 877.5 USD mn in Jan 2025, compared with a surplus of 806.3 USD mn in the previous month
• South Africa's Trade Balance data is updated monthly, available from Oct 2004 to Jan 2025, with an averaged value of 68.8 USD mn
• The data reached an all-time high of 3.9 USD bn in Jun 2021 and a record low of -2.2 USD bn in Jan 2018

CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports and converts it into USD. South African Revenue Service provides Total Exports and Total Imports in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Trade Balance prior to January 2010 excludes Botswana, Lesotho, Namibia and Swaziland.

Further information about South Africa's Trade Balance

• In the latest reports, South Africa's Total Exports reached 8.0 USD bn in Jan 2025, an increase of 7.6% YoY (year-on-year)
• Total Imports recorded 8.8 USD bn in Jan 2025, an increase of 7.6% YoY (year-on-year)

The statistic shows South Africa's trade balance of goods from 2013 to 2023. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2023, South Africa's trade deficit amounted to around ***** billion U.S. dollars.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for South Africa (XTNTVA01ZAQ664N) from Q1 1957 to Q1 2025 about South Africa, trade, Net, and goods.

In 2023, the trade deficit of services in South Africa amounted to about **** billion U.S. dollars. A positive value means a trade surplus, a negative trade balance means a trade deficit.

ZA: Trade Balance: Advanced Economies: Lithuania data was reported at -15.621 USD mn in Mar 2018. This records a decrease from the previous number of 0.759 USD mn for Dec 2017. ZA: Trade Balance: Advanced Economies: Lithuania data is updated quarterly, averaging -0.118 USD mn from Mar 1998 (Median) to Mar 2018, with 80 observations. The data reached an all-time high of 11.764 USD mn in Jun 2017 and a record low of -21.372 USD mn in Sep 2017. ZA: Trade Balance: Advanced Economies: Lithuania data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s South Africa – Table ZA.IMF.DOT: Trade Balance: by Country: Quarterly.

Trade Balance measures the difference between exports and imports over the reporting period, expressed in South African rand. When exports exceed imports, economists point to a trade surplus. The

South Africa registered the highest trade deficit in terms of Africa's services trade with the European Union (EU) as of 2021. By contrast, Liberia registered the most appreciable services trade surplus. Morocco and Tunisia are other important countries regarding Africa's services trade with the EU. Overall, Liberia and Egypt record some of the highest values of services exports from Africa to the EU.

ZA: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Tuvalu data was reported at 0.222 USD mn in Mar 2018. This records a decrease from the previous number of 0.365 USD mn for Dec 2017. ZA: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Tuvalu data is updated quarterly, averaging 0.151 USD mn from Mar 2003 (Median) to Mar 2018, with 38 observations. The data reached an all-time high of 1.235 USD mn in Mar 2017 and a record low of 0.026 USD mn in Sep 2010. ZA: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Tuvalu data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s South Africa – Table ZA.IMF.DOT: Trade Balance: by Country: Quarterly.

South Africa's total Imports in 2024 were valued at US$101.24 Billion, according to the United Nations COMTRADE database on international trade. South Africa's main import partners were: China, India and Germany. The top three import commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Exports were valued at US$110.11 Billion. In 2024, South Africa had a trade surplus of US$8.87 Billion.

South Africa's total Exports in 2024 were valued at US$110.11 Billion, according to the United Nations COMTRADE database on international trade. South Africa's main export partners were: China, the United States and Germany. The top three export commodities were: Pearls, precious stones, metals, coins; Ores slag and ash and Vehicles other than railway, tramway. Total Imports were valued at US$101.24 Billion. In 2024, South Africa had a trade surplus of US$8.87 Billion.

Trade Balance - Cumulative in South Africa increased to -15827.92 ZAR Million in February from -18775.26 ZAR Million in January of 2024. This dataset includes a chart with historical data for South Africa Trade Balance - Cumulative.

South Africa recorded a Government Budget deficit equal to 5 percent of the country's Gross Domestic Product in 2024. This dataset provides - South Africa Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for South Africa (XTNTVA01ZAM664N) from Jan 1957 to May 2025 about South Africa, trade, Net, and goods.

ZA: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Vanuatu data was reported at 0.013 USD mn in Mar 2018. This records an increase from the previous number of 0.005 USD mn for Dec 2017. ZA: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Vanuatu data is updated quarterly, averaging 0.058 USD mn from Mar 2003 (Median) to Mar 2018, with 45 observations. The data reached an all-time high of 2.832 USD mn in Jun 2005 and a record low of -0.085 USD mn in Sep 2014. ZA: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Vanuatu data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s South Africa – Table ZA.IMF.DOT: Trade Balance: by Country: Quarterly.

ZA: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Solomon Islands data was reported at -0.138 USD mn in Mar 2018. This records a decrease from the previous number of 0.043 USD mn for Dec 2017. ZA: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Solomon Islands data is updated quarterly, averaging 0.007 USD mn from Mar 2001 (Median) to Mar 2018, with 45 observations. The data reached an all-time high of 4.536 USD mn in Dec 2014 and a record low of -0.321 USD mn in Sep 2012. ZA: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Solomon Islands data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s South Africa – Table ZA.IMF.DOT: Trade Balance: by Country: Quarterly.

Forecast: Coal Trade Balance with Kenya by South Africa 2022 - 2026 Discover more data with ReportLinker!

ZA: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data was reported at 260.936 USD mn in Mar 2018. This records an increase from the previous number of 246.366 USD mn for Dec 2017. ZA: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data is updated quarterly, averaging 86.513 USD mn from Mar 1998 (Median) to Mar 2018, with 81 observations. The data reached an all-time high of 511.969 USD mn in Sep 2014 and a record low of -44.423 USD mn in Dec 2006. ZA: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s South Africa – Table ZA.IMF.DOT: Trade Balance: by Country: Quarterly.

ZA: Trade Balance: Advanced Economies: Malta data was reported at -2.412 USD mn in Mar 2018. This records a decrease from the previous number of -2.046 USD mn for Dec 2017. ZA: Trade Balance: Advanced Economies: Malta data is updated quarterly, averaging -0.708 USD mn from Mar 1998 (Median) to Mar 2018, with 81 observations. The data reached an all-time high of 14.062 USD mn in Jun 2014 and a record low of -14.059 USD mn in Dec 2006. ZA: Trade Balance: Advanced Economies: Malta data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s South Africa – Table ZA.IMF.DOT: Trade Balance: by Country: Quarterly.

ZA: Trade Balance: Emerging and Developing Economies: Europe: CIS: Kyrgyz Republic data was reported at 0.094 USD mn in Mar 2018. This records an increase from the previous number of 0.072 USD mn for Dec 2017. ZA: Trade Balance: Emerging and Developing Economies: Europe: CIS: Kyrgyz Republic data is updated quarterly, averaging 0.041 USD mn from Sep 1998 (Median) to Mar 2018, with 79 observations. The data reached an all-time high of 2.096 USD mn in Sep 2005 and a record low of -0.426 USD mn in Jun 2011. ZA: Trade Balance: Emerging and Developing Economies: Europe: CIS: Kyrgyz Republic data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s South Africa – Table ZA.IMF.DOT: Trade Balance: by Country: Quarterly.