The statistic shows South Africa's trade balance of goods from 2013 to 2023. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2023, South Africa's trade deficit amounted to around 19.89 billion U.S. dollars.
South Africa: Trade balance of goods from 2013 to 2023
(in billion U.S. dollars)
This statistic has been calculated by Statista using data from the World Trade Organization. The trade balance is the value of goods exports minus the value of goods imported. A positive value indicates a trade surplus, a negative value a trade deficit.
The values have been rounded to provide a better understanding of the statistic.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
WTO, & Statista. (April 10, 2024). South Africa: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 12, 2025, from https://www.statista.com/statistics/578960/trade-balance-of-south-africa/?__sso_cookie_checker=failed
WTO, und Statista. "South Africa: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars)." Chart. April 10, 2024. Statista. Accessed February 12, 2025. https://www.statista.com/statistics/578960/trade-balance-of-south-africa/?__sso_cookie_checker=failed
WTO, Statista. (2024). South Africa: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 12, 2025. https://www.statista.com/statistics/578960/trade-balance-of-south-africa/?__sso_cookie_checker=failed
WTO, and Statista. "South Africa: Trade Balance of Goods from 2013 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/statistics/578960/trade-balance-of-south-africa/?__sso_cookie_checker=failed
WTO & Statista, South Africa: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/578960/trade-balance-of-south-africa/?__sso_cookie_checker=failed (last visited February 12, 2025)
South Africa: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars) [Graph], WTO, & Statista, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/578960/trade-balance-of-south-africa/?__sso_cookie_checker=failed