Exports increased 7.1 percent month-over-month to ZAR 110.1 billion in June of 2018, driven by higher sales of precious metals and stonces (38.0 percent); base metals (13 percent) and vehicles and transport equipment (8 percent). In contrast, exports of mineral products fell (-6 percent). The most important export partners were: the UK (9.1 percent of total exports), China (7.9 percent), the US (7.0 percent), Germany (6.5 percent) and India (5.1 percent).
Imports dropped 0.9 percent month-over-month to ZAR 98.1 billion, mainly due to vegetable products (-51 percent); base metals (-9 percent) and machinery and electronics (-3 percent). On the other hand, higher purchases were recorded for mineral products (11 percent)n and original equipment components (15 percent). Main import partners were: China (17.5 percent of total imports), Germany (10.6 percent), the US (6.0 percent), Saudi Arabia (5.1 percent) and Nigeria (4.3 percent).
Excluding trade with neighboring Botswana, Lesotho, Namibia and Swaziland, the country recorded a trade deficit of ZAR 4.69 billion in June.