Exports rose to ZAR 83.97 billion, boosted by sales of vehicles and transport equipment (+49.4 percent mom); machinery and electronics (+21.2 percent mom); base metals (+7.9 percent mom) and chemical products (+16.6 percent). In contrast, shipments of precious metals and stones fell 8.0 percent over the previous month.
Imports declined to ZAR 82.2 billion, mainly due to lower purchases of machinery and electronics (-27.0 percent); mineral products (-16.6 percent); chemical products (-13.7 percent); vegetable products (-50.0 percent) and plastics and rubber (-18.9 percent). Imports of vehicle and transport equipment rose 13.4 percent on a monthly basis.
The trade surplus with Africa increased to ZAR 13 263 million. The trade gap with America, Asia, Europe and Oceania narrowed in February.