TRADE SUR­PLUS

Finweek English Edition - - ECONOMICTRENDS -

Ex­ports de­fied a strong rand as the rel­a­tively strong global ex­pan­sion in fourth quar­ter 2010 with firm com­modi­ties prices paved the way to a higher trade sur­plus. Im­ports dropped as ex­ports rose, with im­ports show­ing the re­sults of lower cap­i­tal ex­pen­di­ture. Con­se­quently, SA’s trade sur­plus al­most tripled from R30,3bn in the third quar­ter to R86bn in fourth quar­ter 2010.

Trade ac­count (ex­ports mi­nus im­ports)

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