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SA reports trade surplus upswing

Jul 30 2010 14:28 Print this article | Email article

SA, Brazil pledge to boost trade

SA deficit smaller than predicted

Zuma seeks to boost India trade

Trade index lower, remains positive

Shipping data show strong trade

Johannesburg - South Africa recorded a trade surplus of R5.629bn for its trade with non-Southern African Customs Union trading partners in June, after a deficit of R302m in June and a steeper deficit of R1.889bn April, according to Customs & Excise figures released on Friday.

A R1.1bn deficit had been expected, a survey by I-Net Bridge found. Forecasts among the leading economists surveyed varied from a R3bn deficit to a R0.6bn surplus.

A record R17.4bn deficit was set in January last year, but a few surprise surpluses have been registered since then.

- I-Net Bridge

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