South Africa - Balance of Goods

South Africa: Balance of Goods

Mnemonic TRBG.IZAF
Unit Mil. ZAR, SAAR
Adjustments Seasonally Adjusted at Annual Rate
Quarterly 1.25 %
Data 2021 Q1 430,496
2020 Q4 425,169

Series Information

Source South African Reserve Bank (SARB)
Release Quarterly Bulletin
Frequency Quarterly
Start Date 3/31/1960
End Date 3/31/2021

South Africa: Trade

Reference Last Previous Units Frequency
Balance of Goods 2021 Q1 430,496 425,169 Mil. ZAR, SAAR Quarterly
Current Account Balance 2021 Q1 267,348 197,818 Mil. ZAR, SAAR Quarterly
Exports of Goods 2021 Q1 1,580,904 1,496,786 Mil. ZAR, SAAR Quarterly
Exports of Goods and Services 2021 Q1 1,784,716 1,722,803 Mil. ZAR, SAAR Quarterly
Imports of Goods 2021 Q1 1,257,298 1,199,353 Mil. ZAR, SAAR Quarterly
Imports of Goods and Services 2021 Q1 1,405,330 1,350,800 Mil. ZAR, SAAR Quarterly
Net Exports 2021 Q1 379,386 372,003 Mil. ZAR, SAAR Quarterly
Real Exports of Goods and Services 2021 Q1 877,631 879,512 Mil. 2010 ZAR, SAAR Quarterly
Real Imports of Goods and Services 2021 Q1 875,371 825,387 Mil. 2010 ZAR, SAAR Quarterly
Real Net Exports 2021 Q1 2,260 54,125 Mil. 2010 ZAR, SAAR Quarterly

Release Information

The South African Reserve Bank (SARB) publishes their quarterly bulletin which focuses on recent economic developments. The publication is divided in two parts: an analytical section and a statistical section.

The analysis focuses on four key areas:

  • Domestic economic developments
  • Foreign trade and payments
  • Monetary developments, interest rates and financial markets
  • Public finance

The statistical section is organized along eight major categories:

  • Money and banking
  • Capital market
  • National financial account
  • Public finance
  • International economic relations
    • Balance of payments statistics are aligned with the guidelines of the Balance of Payments and International Investment Position Manual (BPM6).
  • National accounts
    • National accounts data are reported according to the standards of the 2008 SNA.
    • Industries are clasified according to the Standard Industrial Classification (SIC) fifth edition, the localization of ISIC Rev.3.
  • General economic indicators
  • Key information

Debt-service cost is defined as the interest payments on household's outstanding debt. To calculate the debt service ratio, debt-service cost is multiplied by 100, and then divided by net disposable income of households.

Data for the previous quarter is subject to revision during the regular update. 

Figures for the past four years are preliminary and subject to revision during the fourth quarter update.  

In accordance with international best practice, national accounts are rebased and benchmarked every five years.

Statistics South Africa (Stats SA) disseminates quarterly data on GDP compiled according to the production approach (GVA). Differences between GDP compiled for the production approach and GDP compiled from the expenditure approach (by the SARB) are allocated to a "statistical discrepancy" item in the expenditure-based estimates.