EX­PORTS RISE

Finweek English Edition - - ECONOMIC TRENDS -

Dur­ing May the value of ex­ports jumped by an en­cour­ag­ing 9% month-on-month, af­ter fall­ing by 14,2% in April. The in­crease in ex­ports – which was R4,6bn over the month – was mainly due to a rise in pre­cious metal ex­ports (+R1,8bn), base metal ex­ports, mainly steel (+R1,2bn), veg­etable ex­ports (+R600m) and ve­hi­cle ex­ports (+R500m). Footwear ex­ports rose 53,9% month-on-month.

South African ex­ports in Rands

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