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South Africa Trade Balance

Latest Release

Nov 29, 2024

Actual

14.63B

12.61B

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

Release Date	Time	Actual	Previous
Dec 31, 2024 (Nov)	07:00		14.63B
Nov 29, 2024 (Oct)	07:00	14.63B	12.61B
Oct 31, 2024 (Sep)	07:00	12.84B	5.11B
Sep 30, 2024 (Aug)	07:00	5.63B	17.07B
Aug 30, 2024 (Jul)	07:00	17.61B	24.19B
Jul 31, 2024 (Jun)	07:00	24.23B	19.96B

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