South Africa Trade Balance

Country: South Africa, ZAR
Importance:
Low
Sector: Trade
Last release
Actual
R23.177 B
Forecast
Previous
R37.920 B
Date (GMT)
Reference
Actual
Forecast
Aug 2012
R-12.200 B
Jul 2012
R-6.700 B
Jun 2012
R-5.700 B
May 2012
R-8.900 B
Apr 2012
R-9.900 B
Mar 2012
R-5.500 B
Feb 2012
R-7.500 B

Trade Balance measures the difference between exports and imports over the reporting period, expressed in South African rand. When exports exceed imports, economists point to a trade surplus.

The surplus is considered as favorable for the economy, and thus the index growth can be seen as positive for the ZAR quotes.

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