Compared with the previous month, exports increased to ZAR 103.4 billion from ZAR 93.1 billion, led by higher shipments of mineral products (21 percent); precious metals and stones (20 percent); base metals (12 percent); machinery and electronics (12 percent) while those of vehicles and transport equipment fell 17 percent. Major destinations for sales were China (9.9 percent); the US (8.1 percent); Germany (6.8 percent); Japan (4.7 percent) and Botswana (4.6 percent).
Imports advanced to ZAR 97.4 billion from ZAR 83.8 billion, due to higher purchases of mineral products (65 percent); prepared foodstuffs (36 percent); textiles (27 percent); original equipment components (29 percent) and machinery and electronics (11 percent). Imports came mostly from China (21.3 percent of total imports); Germany (14.1 percent); the US (7.8 percent); India (5.6 percent) and Saudi Arabia (5.2 percent).
Excluding trade with neighboring Botswana, Lesotho, Namibia and Swaziland, the country posted a trade deficit of ZAR 1.9 billion in August compared to a ZAR 2.6 billion surplus in July.