South Africa vs Venezuela, Bolivarian Republic of: Net trade in goods

South Africa
11.97 billion BoP, current US$
in 2025
Venezuela, Bolivarian Republic of
11.06 billion BoP, current US$
in 2016
South Africa rank
33rd
Venezuela, Bolivarian Republic of rank
34th

Net trade in goods over time

  • South Africa
  • Venezuela, Bolivarian Republic of
020.0B40.0B196019922025

How they compare

South Africa currently reports 11.97 billion BoP, current US$ against 11.06 billion BoP, current US$ in Venezuela, Bolivarian Republic of, a difference of 910.70 million BoP, current US$.

That makes South Africa's figure about 1.1 times Venezuela, Bolivarian Republic of's.

The two have swapped places 8 times across 47 shared years of data; in 1970 it was Venezuela, Bolivarian Republic of ahead.

South Africa ranks 33rd and Venezuela, Bolivarian Republic of ranks 34th of 200 countries.

Venezuela, Bolivarian Republic of has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade South Africa Venezuela, Bolivarian Republic of Difference Ahead
1970s 1.15 billion BoP, current US$ 2.00 billion BoP, current US$ 857.49 million BoP, current US$ Venezuela, Bolivarian Republic of
1980s 4.78 billion BoP, current US$ 4.99 billion BoP, current US$ 206.32 million BoP, current US$ Venezuela, Bolivarian Republic of
1990s 4.42 billion BoP, current US$ 6.56 billion BoP, current US$ 2.14 billion BoP, current US$ Venezuela, Bolivarian Republic of
2000s 1.33 billion BoP, current US$ 22.54 billion BoP, current US$ 21.21 billion BoP, current US$ Venezuela, Bolivarian Republic of
2010s -831.09 million BoP, current US$ 24.63 billion BoP, current US$ 25.46 billion BoP, current US$ Venezuela, Bolivarian Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net trade in goods, South Africa or Venezuela, Bolivarian Republic of?
South Africa, at 11.97 billion BoP, current US$ against 11.06 billion BoP, current US$ in Venezuela, Bolivarian Republic of as of 2025.
What is the difference in net trade in goods between South Africa and Venezuela, Bolivarian Republic of?
910.70 million BoP, current US$, with South Africa ahead.
How many years of comparable data are there for South Africa and Venezuela, Bolivarian Republic of?
47 years are reported by both, from 1970 to 2016.
How do South Africa and Venezuela, Bolivarian Republic of rank globally for net trade in goods?
South Africa ranks 33rd and Venezuela, Bolivarian Republic of ranks 34th of 200 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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South Africa vs Venezuela, Bolivarian Republic of: Net trade in goods. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 07 September 2026, from https://economy.statizoid.com/compare/net-trade-in-goods-bop-current-us/south-africa/venezuela-rb/

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About this data

Indicator
Net trade in goods (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
201 places, 7,829 data points, 1960–2025
Last refreshed

The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.