Compared with the previous month, exports declined to ZAR 93.09 billion from ZAR 102.02 billion, mainly due to lower shipments of precious metals and stones(-21 percent); base metals (-12 percent); mineral products (-5 percent); machinery and electronics (-5 percent) and wood and wood articles (-30 percent). Major destinations for exports were China (8.7 percent of total exports), Germany (7.8 percent), the US (7.6 percent), Japan (5.3 percent) and Namibia (4.3 percent).
Imports fell to ZAR 84.11 billion from ZAR 91.46 billion, due to lower purchases of mineral products (-27 percent); original equipment components (-17 percent); base metals (-18 percent); vehicles and transport equipment (-11 percent) and machinery and electronics (-5 percent). Imports came mainly from China (18 percent of total imports), Germany (11.9 percent), the US (7 percent), India (5.4 percent) and Japan (3.6 percent).
Excluding trade with neighboring Botswana, Lesotho, Namibia and Swaziland, the country posted a trade surplus of ZAR 2.3 billion in July.