South Africa’s Trade Surplus Climbs to R17.6 Billion in July Amid Export Growth

• South Africa’s trade surplus reached R17.6 billion ($956.9 million) in July, bolstered by rising exports of key commodities
• Eskom’s 156-day streak without loadshedding boosts business confidence, supporting economic resilience

Johannesburg, South Africa – South Africa recorded a strong trade surplus of R17.6 billion ($956.9 million) in July 2024, as exports climbed to R175.0 billion ($9.52 billion) against imports of R157.4 billion ($8.56 billion), according to data release from the South African Revenue Service (SARS).