Imports jumped 13.8 percent month-over-month to ZAR 111.7 billion in July of 2018, boosted by higher purchases of mineral products (23 percent); chemicals (17 percent); machinery and electronics (7 percent); vegetable products (88 percent) and base metals (17 percent). The most important import partners were: China (17.1 percent of total imports), Germany (9.9 percent), Saudi Arabia (7.2 percent); Nigeria (5.7 percent) and the US (5.4 percent).
Exports dropped 2.7 percent month-over-month to ZAR 107.1 billion, mostly due to lower sales of precious metals and stones (-19 percent); base metals (-5 percent) and other unclassified (-59 percent). On the other hand, sales rose for vegetable products (24 percent); machinery and electronics (8 percent) and mineral products (3 percent). Main export partners were: China (9.2 percent of total exports), the US (7.4 percent), Germany (6.4 percent), Japan (5.7 percent) and India (4.6 percent).
Excluding trade with neighboring Botswana, Lesotho, Namibia and Swaziland, the country recorded a trade deficit of ZAR 11.53 billion in July.