South Africa - Real Net Exports

South Africa: Real Net Exports

Mnemonic NETEX$.IZAF
Unit Mil. 2010 ZAR, SAAR
Adjustments Seasonally Adjusted at Annual Rate
Quarterly 184.28 %
Data 2020 Q3 93,424
2020 Q2 -110,844

Series Information

Source South African Reserve Bank (SARB)
Release Quarterly Bulletin
Frequency Quarterly
Start Date 3/31/1960
End Date 9/30/2020

South Africa: Trade

Reference Last Previous Units Frequency
Balance of Goods 2020 Q3 453,582 71,397 Mil. ZAR, SAAR Quarterly
Current Account Balance 2020 Q3 297,485 -123,698 Mil. ZAR, SAAR Quarterly
Exports of Goods 2020 Q3 1,378,517 990,033 Mil. ZAR, SAAR Quarterly
Exports of Goods and Services 2020 Q3 1,594,327 1,156,342 Mil. ZAR, SAAR Quarterly
Imports of Goods 2020 Q3 1,053,851 997,987 Mil. ZAR, SAAR Quarterly
Imports of Goods and Services 2020 Q3 1,195,396 1,141,681 Mil. ZAR, SAAR Quarterly
Net Exports 2020 Q3 398,931 14,661 Mil. ZAR, SAAR Quarterly
Real Exports of Goods and Services 2020 Q3 835,200 633,866 Mil. 2010 ZAR, SAAR Quarterly
Real Imports of Goods and Services 2020 Q3 741,776 744,710 Mil. 2010 ZAR, SAAR Quarterly
Real Net Exports 2020 Q3 93,424 -110,844 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.