https://www.engineeringnews.co.za

R95bn trade deficit in 2014

30th January 2015

By: Sapa

  

Font size: - +

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.

Edited by Sapa

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Latest News

Showroom

Trotech
Trotech

Design, Construction and Maintenance of Site Erected, Welded Bulk Storage Tanks for the Petrochemical, LNG, Ammonia and Sustainable fuel Sectors.

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.047 0.978s - 122pq - 2rq
Subscribe Now