CLOSER TO ZERO

Finweek English Edition - - ECONOMIC TRENDS -

In May this year, SA’s trade bal­ance recorded a deficit of R1,03bn – in line with mar­ket ex­pec­ta­tions. In April the trade bal­ance was a deficit of R2,4bn and has recorded a deficit in four out of the past five months. The trade bal­ance moved from a large deficit be­tween 2006 and 2009 to a sur­plus in 2009/2010. The cur­rent trade deficit re­flects the pick-up in eco­nomic ac­tiv­ity.

SA trade ac­count

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