Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Freight & Trading Weekly
    • Imports and Exports
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Imports and Exports
Economy
Domestic

SA records R3.43bn trade deficit in April

03 Jun 2019 - by Staff reporter
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

The South Africa Revenue Service (Sars) announced on Friday that SA had recorded a trade deficit of R3.43 billion for April.

This contrasts with a surplus of R1.88 billion in April 2018.

The deficit is a result of the imbalance in exports (R103.75 billion) and imports (R107.18 billion).

“Exports decreased from March 2019 to April 2019 by R1.34 billion (1.3%) and imports increased during the same period by R6.79 billion (6.8%),” according to Sars.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

South Africa’s outlook ‘stable’ affirms Moody’s

Economy

The rating attests to credit strengths from effective institutions such as the judiciary and central bank to a robust financial sector.

04 Dec 2024
0 Comments

Strong air cargo growth persists

Air Freight

But US tariff fears have potential to upend global supply chains and undermine consumer confidence – IATA

04 Dec 2024
0 Comments

Germany commits R5.2 bn to South Africa

Economy
Other

The funds will support sustainable development, the just energy transition, training, health and pandemics and employment.

04 Dec 2024
0 Comments

SA and Nigeria strengthen ties

Africa
Economy

The African Continental Free Trade Area is a key mechanism to unlock further bilateral trade opportunities.

04 Dec 2024
0 Comments

South Africa’s GDP growth declines 0.3%

Economy
Imports and Exports
Logistics

Agriculture recorded its second quarterly consecutive decrease, while transport, trade and government services also deteriorated.

04 Dec 2024
0 Comments

ILO and IMO adopt new guidelines for fair treatment of seafarers

Sea Freight

Seafarers are often considered guilty until proven innocent and denied their fundamental rights.

04 Dec 2024
0 Comments

Northern Lights’ first C02 vessel ready for delivery

Sea Freight

The vessel is the first of its kind, custom designed to safely transport liquefied CO2 from capture sites in Europe.

04 Dec 2024
0 Comments

SA’s G20 presidency to focus on inclusion

Economy
Other

Priorities are disaster resilience, debt sustainability, finance for a just energy transition and harnessing critical minerals for inclusive growth.

04 Dec 2024
0 Comments

Trump warns of 100% tariffs for Brics+ countries

Imports and Exports
International

“They can go find another ‘sucker!’ There is no chance that the Brics will replace the US dollar in international trade."

03 Dec 2024
0 Comments

Hefty fuel price hike takes effect

Economy
Logistics
Road/Rail Freight

The prices of all grades of petrol and diesel are set to rise at midnight on Tuesday.

03 Dec 2024
0 Comments

BHL Group gets the green light for Copperbelt road upgrade

Logistics
03 Dec 2024
0 Comments

Transport Master Plan on track for Gauteng

Logistics

The ITMP25 serves to deliver a world-class sustainable transport system for SA’s industrial heartland.

03 Dec 2024
0 Comments
  • More

FeatureClick to view

The Cape 16 May 2025

Border Beat

BMA steps in to help DG and FMCG cargo at Groblersbrug
Today 14:30
The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
More

Featured Jobs

New

Clearing Controller

Lee Botti & Associates
Durban
21 May

Multimodal Controller - Sea and Air Imports and Exports (West Rand)

Tiger Recruitment
West Rand - Roodepoort
19 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us