Share

SA trade account in surplus in September

Johannesburg - South Africa's trade account recorded a trade surplus of R2.5bn in September compared with a R3.7bn  shortfall in August, the South African Revenue Service said on Monday.

"The change in the trade balance ... was mainly due to increased exports of precious and semi-precious stones and mineral products and increased imports of machinery and electrical appliances," SARS said.

Exports rose by 11.1% month-on-month to R67.8bn in September while imports edged up by 0.8% to R65.3bn.

Economists surveyed by Reuters expected a trade shortfall of R1.5bn for September but the number is traditionally volatile and difficult to forecast.
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.19
-0.9%
Rand - Pound
23.86
-0.8%
Rand - Euro
20.42
-0.7%
Rand - Aus dollar
12.31
-0.6%
Rand - Yen
0.12
-0.8%
Platinum
951.50
-0.2%
Palladium
1,031.50
-0.3%
Gold
2,381.25
+0.8%
Silver
28.27
+0.2%
Brent-ruolie
87.29
-3.1%
Top 40
67,190
+0.4%
All Share
73,271
+0.4%
Resource 10
63,297
-0.1%
Industrial 25
98,419
+0.6%
Financial 15
15,480
+0.6%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders