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South Africa’s Trade Surplus Widens in December

South Africa’s Trade Surplus Widens in December

31 Jan 2019

South Africa’s trade balance recorded a surplus of 17.17 billion rand ($1 billion) in December from a revised 3.29 billion rand surplus in November, official data showed on Thursday. 

Exports fell by 13.4 percent on a month-on-month basis to 102.75 billion rand in December, while imports decreased 25.8 percent to 85.58 billion rand, the South African Revenue Service data showed. Source: (Reuters) https://bit.ly/2Wzlari