Afrique du Sud Balance Commerciale

South Africa recorded a trade surplus of ZAR 14.6 billion in October 2024, up from a revised ZAR 12.6 billion in the prior month. This was the widest trade surplus in three months, as exports surged 5.3% over a month to a near one-year high of ZAR 179.6 billion, mainly buoyed by shipments of precious metals & stones (+31%). Exports also rose significantly for chemical products (+22%) and machinery & electronics (+16%). Meanwhile, imports rose 4.4% to ZAR 165 billion, on higher purchases of vehicles & transport equipment (+31%), base metals (+27%) and machinery & electronics (+11%).