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2 May 2023 – South Africa recorded a preliminary trade balance surplus of R6.9 billion in March 2023. This surplus is attributable to exports of R192.2 billion and imports of R185.3 billion, inclusive of trade with Botswana, Eswatini, Lesotho and Namibia (BELN).
The year-to-date (01 January to 31 March 2023) preliminary trade balance deficit of R6.2 billion is a deterioration from the R61.9 billion trade balance surplus for the comparable period in 2022. Export flows for March 2023, at R192.2 billion, were 3.2% higher compared to March 2022 (R186.3bn) whilst import flows were 30.9% higher having increased from R141.5 billion in March 2022 to R185.3 billion in the current period. Full stats here: https://bit.ly/3oY87lS Source: SARS