Skip to content

Pair · Q2 2026 · Aug 2025–Jul 2026

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

Finance to trade

positions ÷ goods, both directions
Finance to trade–positions ÷ goods, both directions
Financial positions, both directions13.1USD bn
Goods, both directions–Below the backbone of 1,500 flows

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.

SinceSouth Africa → FranceFrance → South Africaother report (mirror gap)estimated
Goods · 12-month windows, monthly · USD bnNov 2021 · 1.0 / 2.0035Bank claims · quarterly · USD bnQ2 2026 · 2.0 / 3.1035Portfolio holdings · half-yearly · USD bnDec 2025 · 3.3 / 1.9035Direct investment · annual · USD bn2024 · 0.7 / 2.1013Finance to trade · quarterly, positions both ways ÷ goods both waysQ4 2021 · 4.9×0.0×5.0×10×20062008201020122014201620182020202220242026
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 South Africa → France

Aug 2025–Jul 2026

exports of South Africa to France, 12 months

Exports, 12 months–Below the backbone of 1,500 flows
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 France → South Africa

Aug 2025–Jul 2026

exports of France to South Africa, 12 months

Exports, 12 months–Below the backbone of 1,500 flows
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.

South Africa → France

Q2 2026

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

Position2.0USD bn
Flow in the quarter−0.4USD bnas published by the BIS
Sources

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

France → South Africa

Q2 2026

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

Position3.1USD bn
Flow in the quarter+0.2USD bnas published by the BIS
Sources

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

South Africa → France

Q4 2025

securities issued in France held by investors in South Africa

Total3.3USD bn
Equity2.8USD bn
Debt securities0.5USD bn
Sources

Holder to issuer, Q4 2025.

France → South Africa

Q4 2025

securities issued in South Africa held by investors in France

Total1.9USD bn
Equity0.9USD bn
Debt securities1.0USD bn
Sources

Holder to issuer, Q4 2025.

South Africa → France

2024

position of investors in South Africa in France

Position0.7USD bn
Reportthe host’s
Sources

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

France → South Africa

2024

position of investors in France in South Africa

Position2.1USD bn
Reportthe host’s
Sources

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