Exports went down 11.5% to R163.97 billion, while imports decreased by 9% to R149.9 billion.
The vehicle giant has spent R130 million in two years to keep production lines going.
Economists expect air freight costs to rise due to continued disruptions to sea freight routes.
UNCTAD estimates that the weekly transits going through the Suez Canal decreased by 42%.
The CEO of Xagta examines the complexity of South Africa's relationship with the US.
Employment and Labour Minister Thulas Nxesi has warned businesses to stop hiring illegal migrants as the government seeks to grow youth jobs.
The high-profile meeting of government officials, diplomats and business leaders will focus on intracontinental trade.
This is despite the worsening social challenges facing many countries across the world.
Motor vehicles, fruits, chemicals, machinery and electrical equipment hold high export growth potential in trade with the Kingdom.
Climate, trade and multilateral cooperation as well as the country’s upcoming G20 presidency were high on the agenda in Davos.
Public asked to participate in decisions to expand Tshwane Automotive City Rosslyn.
Good interventions are noted, but SA is not out of the woods.
