From Q3 2014 to Q3 2024 South Africa's imports and exports both trended upwards, with growth in exports outpacing growth in imports. In Q3 2024, exports are 22% higher than they were in Q3 2014, while imports are 3% higher. In addition, the quarterly average for exports (R459 billion in constant 2024 rand) was higher than it was for imports, at R428 billion. South Africa went from subsequent quarters with a negative trade balance, at the start of the timeframe, to subsequent quarters with a positive trade balance, at the end of the timeframe.
