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Pair · Q2 2026 · Aug 2025–Jul 2026

Goods, bank claims, portfolio holdings and direct investment between Germany and South Africa, each channel at its own period. Left, Germany to South Africa; right, South Africa to Germany.

Finance to trade

positions ÷ goods, both directions
Finance to trade0.9×positions ÷ goods, both directions
Financial positions, both directions20.3USD bn
Goods, both directions22.4USD bn

Bank, and positions in both directions over goods trade in both directions; financial centres show very high ratios because they hold securities for others.

Positions at the periods above, goods in the 12-month window. Calculations: datasteg.

The pair through time

2006–Jul 2026

Each channel at its own period on one time axis: goods every month (12-month windows), bank claims every quarter, portfolio holdings every half year, direct investment every year, and below them the finance-to-trade ratio by quarter. Solid lines are reported flows, dashed stretches estimated; the band between a goods line and its other report is the mirror gap where both reports exist. A month with no goods line is one where the pair fell below trade-flow’s 1,500 largest flows.

SinceGermany → South AfricaSouth Africa → Germanyother report (mirror gap)estimated
Goods · 12-month windows, monthly · USD bnJul 2026 · 7.6 / 14.801020Bank claims · quarterly · USD bnQ2 2026 · – / 0.8035Portfolio holdings · half-yearly · USD bnDec 2025 · 5.8 / 1.901020Direct investment · annual · USD bn2024 · 8.4 / 3.401020Finance to trade · quarterly, positions both ways ÷ goods both waysQ2 2026 · 0.9×0.0×1.0×2.0×20062008201020122014201620182020202220242026
Sources

The ratio starts in 2009, when the direct-investment survey begins: bank claims at the quarter, portfolio and direct investment at their latest period at or before it, goods in the 12 months to the quarter end. Calculations: datasteg global-network.

Goods Germany → South Africa

Aug 2025–Jul 2026

exports of Germany to South Africa, 12 months

Exports, 12 months7.6USD bnspliced
–importer’s report ÷ exporter’s
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Goods South Africa → Germany

Aug 2025–Jul 2026

exports of South Africa to Germany, 12 months

Exports, 12 months14.8USD bnreported
–importer’s report ÷ exporter’s
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Germany → South Africa

Q2 2026

loans and deposits of banks in Germany on residents of South Africa

Position–Not reported
Flow in the quarter–
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

South Africa → Germany

Q2 2026

loans and deposits of banks in South Africa on residents of Germany

Position0.8USD bn
Flow in the quarter−0.1USD bnas published by the BIS
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

Germany → South Africa

Q4 2025

securities issued in South Africa held by investors in Germany

Total5.8USD bn
Equity2.5USD bn
Debt securities3.4USD bn
Sources

Holder to issuer, Q4 2025.

South Africa → Germany

Q4 2025

securities issued in Germany held by investors in South Africa

Total1.9USD bn
Equity1.8USD bn
Debt securities0.1USD bn
Sources

Holder to issuer, Q4 2025.

Germany → South Africa

2024

position of investors in Germany in South Africa

Position8.4USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.

South Africa → Germany

2024

position of investors in South Africa in Germany

Position3.4USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.