Home > Salary > South Africa > Trader Commodities
A trader in commodities is an individual who buys and sells various raw materials or goods, such as metals, energy products, agricultural products, or financial instruments, with the aim of making a profit. They analyze market trends, monitor supply and demand, and make informed decisions on when to buy or sell commodities. Traders often work for financial institutions, investment firms, or commodity trading companies.
Estimated Yearly Salary: 218,902 ZAR
Estimated Monthly Salary: 18,242 ZAR
Estimated Weekly Salary: 4,210 ZAR per week
Estimated Hourly Salary: 105 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 17,613 ZAR
Estimated Weekly Salary: 4,065 ZAR per week
Estimated Hourly Salary: 102 ZAR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 10,978 USD
Estimated Monthly Salary: 915 USD
Estimated Weekly Salary: 211 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 218,902 ZAR
Estimated Monthly Salary: 18,242 ZAR
Estimated Weekly Salary: 4,210 ZAR per week
Estimated Hourly Salary: 105 ZAR per hour
By working as Trader Commodities a person can save up to 644 USD per month or 7,724 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Trader Commodities
Last revision of data: 2025-01-04
Data as of 2025
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Trader Commodities salary in South Africa
Average Yearly Salary of Trader Commodities in South Africa is approximately 218,902 ZAR (10,978 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Trader Commodities do?
A trader in commodities is an individual who buys and sells various raw materials or goods, such as metals, energy products, agricultural products, or financial instruments, with the aim of making a profit. They analyze market trends, monitor supply and demand, and make informed decisions on when to buy or sell commodities. Traders often work for financial institutions, investment firms, or commodity trading companies.
Skills: Trader, Commodities, Financial Markets, Supply and Demand, Market Analysis, Trading Strategies.
Job industry: Commodity trading
Job industry: Commodity trading
How much does Trader Commodities make?
Salary details
How much does Trader Commodities make?Estimated Yearly Salary: 218,902 ZAR
Estimated Monthly Salary: 18,242 ZAR
Estimated Weekly Salary: 4,210 ZAR per week
Estimated Hourly Salary: 105 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 211,360 ZAREstimated Monthly Salary: 17,613 ZAR
Estimated Weekly Salary: 4,065 ZAR per week
Estimated Hourly Salary: 102 ZAR per hour
Last revision of data: 2024-01-02Trader Commodities estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,978 USD
Estimated Monthly Salary: 915 USD
Estimated Weekly Salary: 211 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Trader Commodities job salary compared to average salary in South Africa.
Comparison shows that a person working as Trader Commodities in South Africa earns on average:
1.72 times the average salary (or 172% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Trader Commodities job salary compared to average salary in South Africa.
Comparison shows that a person working as Trader Commodities in South Africa earns on average:
1.72 times the average salary (or 172% of average salary).
Is Trader Commodities a well paid job?
Yes, our data shows that Trader Commodities is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Trader Commodities?
High salary for Trader Commodities would be somewhere between 240,792 ZAR and 317,408 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Trader Commodities in South Africa?
Living in South Africa the approximate monthly expenses are: 271 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 218,902 ZAR
Estimated Monthly Salary: 18,242 ZAR
Estimated Weekly Salary: 4,210 ZAR per week
Estimated Hourly Salary: 105 ZAR per hour
By working as Trader Commodities a person can save up to 644 USD per month or 7,724 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Trader Commodities
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in South Africa
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Data as of 2025Random salary:
Chief science officer (449,643 ZAR per year, pre-tax.)
Radiographer technologist (110,459 ZAR per year, pre-tax.)
Early childhood administrator (74,041 ZAR per year, pre-tax.)
Community relations coordinator (89,742 ZAR per year, pre-tax.)
Mainframe systems engineer (150,315 ZAR per year, pre-tax.)
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