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South Africa Trade Balance
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Latest Release
Nov 29, 2024
Actual14.63B
Previous12.61B
Exports free on board (f.o.b.) and Imports cost insurance freight (c.i.f.) are,in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries Imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting Imports as f.o.b. you will have the effect of reducing the value of Imports by the amount of the cost of insurance and freight. Monthly import and export figures are unaudited figures obtained from declarations made by importers and exporters of goods. The Customs and Excise Act allows for revisions by importers and exporters for a period up to two years retrospectively. It is not possible to see exactly for what month a particular revision has been made. Revisions are only made to the cumulative figures.A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Dec 31, 2024 (Nov) | 20:00 | 14.63B | |||
| Nov 29, 2024 (Oct) | 20:00 | 14.63B | 12.61B | ||
| Oct 31, 2024 (Sep) | 20:00 | 12.84B | 5.11B | ||
| Sep 30, 2024 (Aug) | 20:00 | 5.63B | 17.07B | ||
| Aug 30, 2024 (Jul) | 20:00 | 17.61B | 24.19B | ||
| Jul 31, 2024 (Jun) | 20:00 | 24.23B | 19.96B |
Trade Balance Discussion
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