SARS trade statistics for January 2016

PRETORIA, SOUTH AFRICA: The South African Revenue Service (SARS) has released trade statistics for January 2016 that recorded a trade deficit of R17.87bn. This figure includes trade data with Botswana, Lesotho, Namibia and Swaziland (BLNS)...

The R17.87bn deficit for January 2016 is due to exports of R71.50bn and imports of R89.37bn. Exports decreased from December 2015 to January 2016 by R16.57bn (18.8%) and imports increased from December 2015 to January 2016 by R8.86bn (11.0%).

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