The South African Revenue Service (SARS) today releases trade statistics for June 2009 that record a trade surplus of R3,2 billion.
Summary
The R3,2 billion surplus for June 2009 was mainly due to an increase in exports of 3,82% and an increase in imports of 0.96%.
Exports for June 2009 of R43 billion and imports of R39,8 billion resulted in a surplus of R3,2 billion.
Imports increased by R0,4 billion (0,96%) to R39,8 billion and exports increased by R1,6 billion (3,82%) to R43 billion.
Trade Highlights by Category
•The Mayto June change (up by 0,96%) in imports of goods reflected increases mainly in:
- Original equipment components [up by R0,1 billion (7%)] and
- Vehicles, vessels and aircraft [up by R0,2 billion (5%)]
•The Mayto Junechange (up by 3,82 %) in exports of goods reflected increases mainly in:
- Mineral products [up by R0,7 billion (8%)
- Products of the chemical or allied industry [up by R0,7 billion (32%)]
- Precious metals and stones [up by R1,2 billion (12%)]; and
- Base metals and articles thereof [up by R0,5 billion (8%)].
Trade Highlights by World Zone
The world zone results for June 2009 as given below are unaudited, and those for May 2009 are audited.
•Asia: The deficit increased from R2.2bn in May 2009 to R3,7 billion in June 2009.Exports increased by R0.36bn to R14.2bn and imports increased by R1,9 billion to R17,9 billion.
•Europe: The deficit decreased from R1.8bn in May 2009 to R1,2 billion in June 2009. Exports increased by R0.3bn to R12.2bn and imports decreased by R0,3 billion to R13,4 billion.
•America: The deficit remained unchanged at R1.6bn from May to June 2009. Exports decreased by R0.1bn to R3.7bn and imports decreased by R0,01 billion to R5,3 billion.
•Africa: The surplus increased from R3.6bn to R4,8 billion.Exports decreased by R0,1 billion to R7,2 billion and imports decreased by R1,2 billion to R2,4 billion.
For more details visit: http://www.sars.gov.za/home.asp?pid=1306
Issued by: South African Revenue Service
31 July 2009
Source: South African Revenue Service (http://www.sars.gov.za/)
