South African Trade Statistics for April 2013
Pretoria, 31 May 2013 - The South African Revenue Service (SARS) today releases trade statistics for April 2013 that record a trade deficit of R15.02 billion.
Summary
The R15.02 billion deficit for April 2013 can be attributed to exports of R65.43 billion and imports of R80.45 billion.
Exports increased from March to April by R1.93 billion (3.0%) and imports increased from to March to April by R8.69 billion (12.1%).
The increase in the trade deficit was due to increases in imports of mineral products, plastics & rubber, base metals, machinery & electrical appliances and original equipment components.