In 2023, the trade deficit of services in South Africa amounted to about 4.35 billion U.S. dollars. A positive value means a trade surplus, a negative trade balance means a trade deficit.
Trade balance of services in South Africa 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 exports minus the value of imports. A positive value indicates a trade surplus, a negative value a trade deficit.
Values have been rounded to provide a better understanding of the statistic.
Exports and imports of total commercial services, manufacturing services on physical inputs owned by others, maintenance and repair services n.i.e., transport, travel, and the breakdown of other commercial services, by region and available economy, 2005-onwards.
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WTO, & Statista. (April 10, 2024). Trade balance of services in South Africa from 2013 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/973849/trade-balance-of-services-in-south-africa/
WTO, und Statista. "Trade balance of services in South Africa from 2013 to 2023 (in billion U.S. dollars)." Chart. April 10, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/973849/trade-balance-of-services-in-south-africa/
WTO, Statista. (2024). Trade balance of services in South Africa from 2013 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/973849/trade-balance-of-services-in-south-africa/
WTO, and Statista. "Trade Balance of Services in South Africa from 2013 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/statistics/973849/trade-balance-of-services-in-south-africa/
WTO & Statista, Trade balance of services in South Africa from 2013 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/973849/trade-balance-of-services-in-south-africa/ (last visited December 22, 2024)
Trade balance of services in South Africa from 2013 to 2023 (in billion U.S. dollars) [Graph], WTO, & Statista, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/973849/trade-balance-of-services-in-south-africa/
