trade surplus

South Africa has shown a trade surplus of R1.77bn in November, the South African Revenue Service (SARS) announced on Wednesday. This figure includes trade with Botswana, Lesotho, Namibia and Swaziland (BLNS). When BLNS trade is excluded, SA showed a R7.45bn deficit for November as a result of exports of R82.31bn and imports of R89.76bn. The cumulative deficit for 2015 is then R155.74bn compared to R196.53bn in 2014. According to SARS the R1.77bn surplus for November (when BLNS trade is … [Read more...] about SA’s 1.77 Billion trade surplus