South Africa Foreign Merchandise Trade (Monthly Report) - May 2015

In dollar terms, imports were down 3.6% on a month ago and down 34% measured at a 3-months annualised basis. Imports were 4.6% lower measured on a 12-months basis. Exports were 9.8% higher on a month ago and down 21.8% on a 3-months annualised basis. Measured on a 12-months basis, exports were down by 7.5%. The latest 12-month merchandise trade deficit amounted to R171 billion which was R33 bn down on the previous year’s deficit.

Share this article on