Business

South African trade surplus widens to 6.1 bln rand in November

Grain is loaded aboard ships for export in Durban, South Africa, in May 2004. REUTERS/Mike Hutchings/File Photo

JOHANNESBURG (Reuters) – South Africa’s trade surplus widened to 6.1 billion rand ($435 million) in November from a revised 2.75 billion rand surplus in October, data from the revenue service showed on Friday.

Exports were down 4.8% on a month-on-month basis to 116.90 billion rand, while imports fell 7.7% to 110.80 billion, the South African Revenue Service said.

($1 = 14.0115 rand)

Reporting by Mfuneko Toyana; Editing by Hugh Lawson

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Close