South Africa - Balance of Goods

South Africa: Balance of Goods

Mnemonic TRBG.IZAF
Unit Mil. ZAR, SAAR
Adjustments Seasonally Adjusted at Annual Rate
Quarterly 102.91 %
Data 2020 Q1 207,956
2019 Q4 102,486

Series Information

Source South African Reserve Bank (SARB)
Release Quarterly Bulletin
Frequency Quarterly
Start Date 3/31/1960
End Date 3/31/2020

South Africa: Trade

Reference Last Previous Units Frequency
Balance of Goods 2020 Q1 207,956 102,486 Mil. ZAR, SAAR Quarterly
Current Account Balance 2020 Q1 69,733 -68,069 Mil. ZAR, SAAR Quarterly
Exports of Goods 2020 Q1 1,299,269 1,259,608 Mil. ZAR, SAAR Quarterly
Exports of Goods and Services 2020 Q1 1,597,556 1,567,236 Mil. ZAR, SAAR Quarterly
Imports of Goods 2020 Q1 1,188,421 1,249,899 Mil. ZAR, SAAR Quarterly
Imports of Goods and Services 2020 Q1 1,396,718 1,479,767 Mil. ZAR, SAAR Quarterly
Net Exports 2020 Q1 200,838 87,469 Mil. ZAR, SAAR Quarterly
Real Exports of Goods and Services 2020 Q1 908,001 913,404 Mil. 2010 ZAR, SAAR Quarterly
Real Imports of Goods and Services 2020 Q1 904,682 946,889 Mil. 2010 ZAR, SAAR Quarterly
Real Net Exports 2020 Q1 3,319 -33,485 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.