The trade surplus for December 2011 is R4.7 billion (Surplus of 10.3 billion in December 2010) compared to a deficit of R8.0 billion in November 2011, a month-on-month improvement of R12.7 billion. Exports decreased by R5.5 billion (-8.0%) to R63.0 billion and imports decreased by R18.2 billion (-23.8%) to R58.3 billion.

The trade surplus of R4.7 billion in December 2011 was mainly due to a decrease in imports of products of chemical or allied industries, original equipment components, mineral products and machinery and electrical appliances.

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Varsha Singh
Correspondent

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