Trade surplus widens in December

31st January 2019 By: Reuters

South Africa's trade balance recorded a surplus of R17.17-billion in December from a revised R3.29-billion surplus in November, official data showed on Thursday.

Exports fell by 13.4% on a month-on-month basis to R102.75-billion in December, while imports decreased 25.8% to R85.58-billion, the South African Revenue Service data showed.