Pretoria, 31 March 2021 – The South African Revenue Service (SARS) today releases trade statistics for February 2021 recording a trade balance surplus of R28.96 billion. These statistics include trade data with Botswana, Eswatini, Lesotho and Namibia (BELN). The year-to-date (01 January to 28 February 2021) trade surplus of R41.38 billion is an improvement from the R10.28 billion surplus for the comparable period in 2020. Exports increased by 18.0% year-on-year whilst imports increased by 4.1% over the same period.
Including trade data with Botswana, Eswatini, Lesotho and Namibia (BELN)
The R28.96 billion trade surplus for February 2021 is attributable to exports of R128.25 billion and imports of R99.29 billion. Exports increased by R18.14 billion (16.5%) between January and February 2021 and imports increased by R1.60 billion (1.6%) over the same period.