Search

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).

Recent Business

Cocoa farmer on the field. Photo by Charles William Adofo @ Unsplash
Ghana’s cocoa bond gamble: can Africa finance commodities without foreign banks?
Read More »
Meknes, Morocco Photo @ Unsplash
Morocco’s startup gamble challenges Africa’s private-sector innovation orthodoxy
Read More »
Kenya president William Ruto and Ghanaian leader John Mahama at the summit. Photo @John Mahama/Facebook
Why Africa pays more to borrow despite lower infrastructure default rates
Read More »

Recent Politics

Uganda opposition leader Robert Kyagulanyi, alias Bobi Wine. Photo: National Unity Platform/Facebook
What shapes the politics of Bobi Wine, Uganda’s “Ghetto President”
Read More »
South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Why South Africans are far less tolerant of migrants than before
Read More »
French President Emmanuel Macron and Prime Minister Abiy Ahmed in Ethiopia. Photo @ Abiy Ahmed/X
Macron’s Ethiopia pivot deepens Horn tensions as Addis pushes controversial Red Sea ambitions
Read More »

Latest Posts

Latest news insights