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South Africa Trade Balance

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South Africa Trade Balance

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Status

 
Latest Release
Aug 31, 2021
Actual
36.96B
Forecast
45.00B
Previous
54.48B
Exports free on board (f.o.b.) and Imports cost insurance freight (c.i.f.) are,in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries Imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting Imports as f.o.b. you will have the effect of reducing the value of Imports by the amount of the cost of insurance and freight. Monthly import and export figures are unaudited figures obtained from declarations made by importers and exporters of goods. The Customs and Excise Act allows for revisions by importers and exporters for a period up to two years retrospectively. It is not possible to see exactly for what month a particular revision has been made. Revisions are only made to the cumulative figures.
A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
Importance:
Country:
Currency: ZAR
Source: South African Revenue Service
South Africa Trade Balance
 
Release Date Time Actual Forecast Previous
Sep 30, 2021 (Aug) 08:00   45.00B 36.96B
Aug 31, 2021 (Jul) 08:00 36.96B 45.00B 54.48B
Jul 30, 2021 (Jun) 08:00 57.68B 52.00B 54.37B
Jun 30, 2021 (May) 08:00 54.60B 46.50B 51.25B
May 31, 2021 (Apr) 08:00 51.24B 31.00B 52.57B
Apr 30, 2021 (Mar) 08:00 52.77B 25.00B 31.22B

News

South African trade balance 5.22B vs. 8.10B forecast
South African trade balance 5.22B vs. 8.10B forecast By Investing.com - Aug 31, 2016

Investing.com - South Africa’s trade balance fell more-than-expected last month, official data showed on Wednesday.In a report, South African Revenue Service said that South African Trade...

South African trade balance 0.48B vs. -6.50B forecast
South African trade balance 0.48B vs. -6.50B forecast By Investing.com - Apr 30, 2015

Investing.com - South Africa’s trade balance rose more-than-expected last month, official data showed on Thursday.In a report, South African Revenue Service said that South African Trade Balance...

South African trade balance -24.22B vs. -7.75B forecast
South African trade balance -24.22B vs. -7.75B forecast By Investing.com - Feb 27, 2015

Investing.com - South Africa’s trade balance fell more-than-expected last month, official data showed on Friday.In a report, South African Revenue Service said that South African Trade Balance...

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Trade Balance Discussion

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All Comments (3)
Henno Du Preez
Henno Du Preez May 30, 2014 8:24AM ET
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why are we waiting........government want to delay the 'ugly' for as long as possible
Stuart Drury
Stuart Drury Jan 31, 2014 7:25AM ET
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Actual release of 2.78 billion Rand!
Luis Kreische
Luis Kreische Jan 31, 2014 7:25AM ET
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how do you know the upcoming results before they've been displayed here?
Stuart Drury
Stuart Drury Jan 31, 2014 7:23AM ET
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Incorrect data there is a surplus of 2.78 billion Rand
 
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