In dollar terms, imports were down 1.8% on a month ago and down 25.8% measured at a 3-months annualised basis. Imports in dollar terms were 6.1% lower measured on a 12-months basis. Exports were 4.8% higher on a month ago and up 6.3% on a 3-months annualised basis. Measured on a 12-months basis, exports in dollar terms were down by 6%. The latest 12-month merchandise trade deficit amounted to R180 billion which was R3 billion down on the previous 12 months’ deficit.
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EViews 14 released - 25 Jun 2024