Trends in Trade Balance in South Africa
South Africa| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The trade balance in South Africa reflects the difference between exports and imports. This data, released monthly by the South African Revenue Service (SARS), is crucial for assessing international trade trends.
When the trade balance is in surplus (positive), it indicates that exports exceed imports, contributing positively to trade. Conversely, when the trade balance is in deficit (negative), imports exceed exports, which can have negative economic implications. Fluctuations in the trade balance are influenced by factors such as exchange rates, tariff policies, and global economic conditions.
This data serves as important reference material for policymakers to evaluate trade and economic policies and formulate appropriate measures. It is also a critical source of information for businesses and investors to assess trends in trade balance and economic outlook.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
