January 4, 2024

Trade Balance Surplus in November 2023: What you need to know

SARS has released the initial trade numbers for November 2023. In November, South Africa’s trade with Botswana, Eswatini, Lesotho and Namibia (BELN countries) showed a surplus of R21.0 billion. This is attributable to more exports (R185.8 billion) than imports (R164.8 billion). However, for the entire year up to November 2023, even though there was a …

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