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31 August 2015 – Trade Statistics for July 2015

31 August 2015 – Trade Statistics for July 2015

Pretoria, 31 August 2015 – The South African Revenue Service (SARS) today released trade statistics for July 2015 that recorded a trade deficit of R0.40 billion. This figure includes trade data with Botswana, Lesotho, Namibia and Swaziland (BLNS).

 

Including trade data with Botswana, Lesotho, Namibia and Swaziland (BLNS)

 

Summary 

The R0.40 billion deficit for July 2015 is due to exports of R94.21 billion and imports of R94.61 billion. Exports increased from June 2015 to July 2015 by R4.26 billion (4.7%) and imports increased from June 2015 to July 2015 by R10.14 billion (12.0%).

 

The cumulative deficit for 2015 is R25.23 billion compared to R53.37 billion in 2014.

 

Trade highlights by category

 

The month-on-month export movements:

 

R’ million
Section: Including BLNS:
Mineral Products + R2 911 + 16.1%
Base Metals + R1 850 + 17.3%
Machinery & Electronics + R 541 + 6.3%
Wood Pulp & Paper + R 512 + 39.0%
Precious Metals & Stones – R 876 – 5.4%

 

 

The month-on-month import movements:

 

R’ million
Section: Including BLNS:
Mineral Products + R1 632 + 12.7%
Vehicle & Transport Equipment + R1 569 + 20.1%
Equipment Components + R1 270 + 19.0%
Chemical Products + R1 124 + 12.6%
Machinery & Electronics + R1 107 + 5.0%

 

Trade highlights by world zone  

 

The world zone results from June 2015 to July 2015 are given below.

 

Africa:

Exports: R26 308 million – this is an increase of R 161 million from June 2015

Imports: R9 759 million – this is an increase of R1 838 million from June 2015

Trade surplus: R16 549 million.

This is a 9.2% decrease in comparison to the R18 226 million surplus recorded in June 2015.

 

America:  

Exports: R9 114 million – this is an increase of R 856 million from June 2015

Imports: R10 086 million – this is an increase of R 746 million from June 2015

Trade deficit: R 972 million

This is a 10.1% decrease in comparison to the R1 082 million deficit recorded in June 2015.

 

Asia:

Exports: R27 891 million – this is an increase of R1 965 million from June 2015

Imports: R42 506 million – this is an increase of R2 939 million from June 2015

Trade deficit: R14 615 million

This is a 7.1% increase in comparison to the R13 642 million deficit recorded in June 2015.

 

Europe:  

Exports: R23 132 million – this is an increase of R2 152 million from June 2015

Imports: R30 944 million – this is an increase of R4 784 million from June 2015

Trade deficit: R7 812 million

This is a 50.8% increase in comparison to the R5 180 million deficit recorded in June 2015.

 

Oceania: 

Exports:  R1 322 million – this is an increase of R 245 million from June 2015

Imports:   R1 097 million – this is a decrease of R 184 million from June 2015

Trade surplus: R 225 million

This is an improvement compared to the R 203 million deficit recorded in June 2015.

 

 

Excluding trade data with Botswana, Lesotho, Namibia and Swaziland (BLNS)

 

The trade data excluding BLNS for July 2015 recorded a trade deficit of R9.22 billion.

 

Summary  

The R9.22 billion deficit for July 2015 is as a result of exports of R82.88 billion and imports of R92.10 billion. Exports increased from June 2015 to July 2015 by R4.77 billion (6.1%) and imports increased from June 2015 to July 2015 by R10.21 billion (12.5%).

 

The cumulative deficit for 2015 is R85.50 billion compared to R111.65 billion in 2014.

 

Trade highlights by category

 

The month-on-month export movements:

 

R’ million
Section: Excluding BLNS:
Mineral Products + R3 012 + 18.8%
Base Metals + R1 806 + 18.3%
Machinery & Electronics + R 734 + 10.9%
Wood Pulp & Paper + R 493 + 44.9%
Chemical Products – R 460 – 9.7%

 

 

The month-on-month import movements:

 

R’ million
Section: Excluding BLNS:
Mineral Products + R1 657 + 12.9%
Vehicles & Transport Equipment          + R1 581 + 20.3%
Equipment Components + R1 270 + 19.0%
Chemical Products + R1 170 + 13.9%
Machinery & Electronics + R1 100 + 5.0%

 

 

Trade highlights by world zone 

 

The world zone results from June 2015 to July 2015 are given below.

 

Africa:

Exports: R14 972 million – this is an increase of R 663 million from June 2015

Imports: R7 247 million – this is an increase of R1 902 million from June 2015

Trade surplus: R7 725 million

This is a 13.8% decrease in comparison to the R8 964 million surplus recorded in June 2015.

 

 

Botswana, Lesotho, Namibia and Swaziland (BLNS) Only

 

Trade Statistics with BLNS countries

 

Trade statistics with the BLNS for July 2015 recorded a trade surplus of R8.82 billion.

 

 

Summary

The R8.82 billion surplus for July 2015 is as a result of exports of R11.34 billion and imports of R2.51 billion.

 

Exports decreased from June 2015 to July 2015 by R0.50 billion (4.2%) and imports decreased from June 2015 by July 2015 by R0.06 billion (2.5%).

 

The cumulative surplus for 2015 is R60.27 billion compared to R58.27 billion in 2014.

Trade Highlights by Category

 

The month-on-month export movements:

 

R’ million
Section: BLNS:
Precious Metals & Stones – R 878 – 98.1%
Machinery & Electronics – R 193 – 10.0%
Mineral Products – R 102 – 5.0%
Prepared Foodstuff + R 152 + 16.9%
Textiles + R 104 + 24.4%

 

 

The month-on-month import movements:

 

R’ million
Section: BLNS:
Chemical Products  – R 46 – 9.4%
Base Metals  – R 41 – 30.9%
Mineral Products – R 25 – 39.6%
Textiles + R 30 + 8.9%
Footwear + R 16 + 122.3%

 

 

For more information, visit the Trade Statistics webpage.

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