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South Africa Trade Balance 1960-2024

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • South Africa trade balance for 2023 was $1.22B, a 85.03% decline from 2022.
  • South Africa trade balance for 2022 was $8.17B, a 68.31% decline from 2021.
  • South Africa trade balance for 2021 was $25.79B, a 74.52% increase from 2020.
  • South Africa trade balance for 2020 was $14.78B, a 649.66% increase from 2019.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $386.04B
Russia $87.68B
Brazil $51.44B
Malaysia $19.96B
Libya $13.80B
Azerbaijan $10.47B
Algeria $9.93B
Thailand $8.96B
Peru $8.74B
Gabon $8.05B
Iran $6.96B
Turkmenistan $5.56B
Costa Rica $3.71B
Bulgaria $3.22B
South Africa $1.22B
Equatorial Guinea $1.03B
Paraguay $0.90B
Belarus $0.46B
Ecuador $0.34B
Belize $0.03B
Armenia $-0.16B
Mauritius $-0.28B
Samoa $-0.31B
Fiji $-0.58B
Botswana $-0.78B
Albania $-1.22B
Montenegro $-1.38B
North Macedonia $-1.99B
Namibia $-2.81B
Serbia $-3.39B
Bosnia $-3.45B
Dominican Republic $-8.91B
Guatemala $-16.07B
Romania $-16.79B
Colombia $-18.05B
Turkey $-26.87B
Mexico $-30.69B
South Africa Trade Balance - Historical Data
Year Billions of US $ % of GDP
2023 $1.22B 0.32%
2022 $8.17B 2.02%
2021 $25.79B 6.14%
2020 $14.78B 4.37%
2019 $1.97B 0.51%
2018 $2.06B 0.51%
2017 $4.36B 1.14%
2016 $1.46B 0.45%
2015 $-4.51B -1.30%
2014 $-5.71B -1.50%
2013 $-8.48B -2.12%
2012 $-5.67B -1.30%
2011 $3.48B 0.76%
2010 $4.84B 1.16%
2009 $1.25B 0.38%
2008 $-4.63B -1.47%
2007 $-4.02B -1.21%
2006 $-4.78B -1.57%
2005 $-0.66B -0.23%
2004 $-0.33B -0.13%
2003 $4.15B 2.11%
2002 $4.38B 3.40%
2001 $4.80B 3.54%
2000 $3.93B 2.59%
1999 $3.45B 2.28%
1998 $1.53B 1.00%
1997 $1.72B 1.02%
1996 $2.20B 1.35%
1995 $1.03B 0.60%
1994 $3.05B 1.98%
1993 $6.08B 4.13%
1992 $5.27B 3.59%
1991 $5.14B 3.80%
1990 $6.13B 4.87%
1989 $5.09B 4.71%
1988 $5.98B 5.75%
1987 $8.51B 8.81%
1986 $5.76B 7.85%
1985 $5.06B 7.86%
1984 $1.36B 1.60%
1983 $3.16B 3.28%
1982 $-0.31B -0.37%
1981 $-1.66B -1.79%
1980 $6.47B 7.23%
1979 $5.28B 8.38%
1978 $3.04B 5.90%
1977 $1.97B 4.36%
1976 $-0.43B -1.05%
1975 $-0.91B -2.12%
1974 $-0.20B -0.49%
1973 $0.74B 2.22%
1972 $0.53B 2.14%
1971 $-0.83B -3.54%
1970 $-0.63B -2.98%
1969 $0.09B 0.47%
1968 $0.45B 2.62%
1967 $0.05B 0.30%
1966 $0.26B 1.86%
1965 $-0.12B -0.93%
1964 $0.20B 1.66%
1963 $0.51B 4.71%
1962 $0.74B 7.57%
1961 $0.64B 6.93%
1960 $0.38B 4.32%