R95bn trade deficit in 2014
South Africa's cumulative trade deficit was R95.3-billion in 2014, the South African Revenue Service (Sars) said on Friday.
In 2013, it was R71.4-billion, Sars said in a statement.
In December, the country recorded a trade surplus of R6.9-billion, due to exports of R87.5-billion and imports of R80.5-billion.
Exports increased from November to December by R3.2-billion (3.8%), and imports decreased from November to December by R8.9-billion (9.9%).
The trade statistics include country trade data for Botswana, Lesotho, Namibia, and Swaziland.
South Africa recorded a trade surplus of R13.5-billion with Africa, having exported goods worth a total of R23.7-billion, and imported goods worth a total of R10-billion.
Trade with the Americas registered a R827-million surplus. Trade with Asia showed a R8.9-billion deficit. Trade with Europe saw a R4.3-billion deficit. Trade with Oceania registered a R131-million surplus.
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