South Africa Trade Surplus Swells to Record on Weak Imports

  • Trade surplus was 46.6 billion rand in June, tax agency says
  • Exports rose by 10.1% from prior month, imports dropped 18.9%

   

Photographer: Kevin Sutherland/Bloomberg

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South Africa’s trade surplus swelled to a record after eased lockdown restrictions allowed more exports, while demand for imports weakened.