Business & Finance
South Africa's trade surplus narrows to $790 million in January
- Exports fell 13.6% on a month-on-month basis to 109.76 billion rand, while imports rose 4.2% to 97.93 billion rand, the South African Revenue Service said.
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JOHANNESBURG: South Africa's trade surplus narrowed to 11.83 billion rand ($790 million) in January from a revised surplus of 33.06 billion rand in December, data from the revenue service showed on Friday.
Exports fell 13.6% on a month-on-month basis to 109.76 billion rand, while imports rose 4.2% to 97.93 billion rand, the South African Revenue Service said.