South Africa | Exports of goods and services (current US$)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of South Africa
Records
63
Source
South Africa | Exports of goods and services (current US$)
2238599104.5604 1960
2337999064.8004 1961
2498999000.4004 1962
2696398921.4404 1963
2846198861.5205 1964
2913398834.6405 1965
3123398750.6405 1966
3385198645.9205 1967
3760398495.8406 1968
3859798456.0806 1969
3904598438.1606 1970
4325959813.595 1971
5260658883.2157 1972
7213682652.7216 1973
9997395055.3146 1974
10231126640.956 1975
9840552460.1381 1976
11914002978.501 1977
14669403667.351 1978
19695423996.732 1979
28496444685.26 1980
23474809675.254 1981
20090880959.573 1982
20941567184.274 1983
19094719161.215 1984
17986023085.466 1985
19987466258.678 1986
25959795347.129 1987
26828616017.468 1988
25616574210.244 1989
27148931269.062 1990
26149497612.55 1991
27855753863.761 1992
29312901691.749 1993
30010718717.314 1994
34412207047.808 1995
35543985845.299 1996
36601647322.613 1997
34450654127.031 1998
33741638410.052 1999
37034203153.162 2000
35694800701.716 2001
36701099077.703 2002
47117624127.383 2003
58215305278.44 2004
68171982951.658 2005
79301796383.663 2006
93124912619.857 2007
101967105838.93 2008
82381621006.425 2009
107610657455.82 2010
126912776368.75 2011
117892612029.38 2012
113768565563.41 2013
110550033012.43 2014
96085897668.363 2015
91109021408.952 2016
104288394991.05 2017
111434691808.01 2018
105906059176.94 2019
93122660985.06 2020
130704196367.41 2021
135921544367.85 2022
South Africa | Exports of goods and services (current US$)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of South Africa
Records
63
Source