Compared with the previous month, exports increased to ZAR 104.5 billion, led by mineral products (12 percent); base metals (13 percent); chemical products (20 percent), machinery and electronics (7 percent); prepared foodstuff (8 percent); textiles (16 percent), while vehicles and transport equipment (-8 percent) and vegetable goods (-44 percent) fell. Major destinations for sales were China (11.0 percent); the US (7.3 percent); India (5.9 percent); Germany (5.7 percent); and Namibia (4.6 percent).
Imports advanced to ZAR 99.9 billion, due to higher purchases of machinery and electronics (14 percent); wood pulp and paper (56 percent); precious metals and stones (69 percent), chemicals (7 percent) and original equipment components (7 percent). Imports came mostly from China (20.2 percent of total imports); Germany (11.2 percent); the US (5.6 percent); India (4.7 percent) and Saudi Arabia (4.6 percent).
Excluding trade with neighboring Botswana, Lesotho, Namibia and Swaziland, the country posted a trade deficit of ZAR 4.2 billion in October compared to a ZAR 3.8 billion gap in September.