All data is delayed
See More

July trade deficit widens to R6.7bn

Aug 31 2012 14:22

Johannesburg - South Africa’s trade deficit widened to R6.7bn in July  from a R5.7bn shortfall in June, the South African Revenue Service said on Friday.

Exports increased by 2.9% month-on-month to R63.5bn in July while imports rose by 4.1% to R70.2bn, Sars data showed.

Economists surveyed by Reuters expected a shortfall of R5.6bn for July.

The cumulative deficit for the year to date amounted to R57.3bn compared to R6.9bn during the same period in 2011, Sars said.

* Follow Fin24 on Facebook, Twitter and Google+.

sa economy  |  trade deficit



Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote