# South Africa trade surplus narrows to 7.18 billion rand in August

> South Africa recorded a trade surplus of 7.18 billion rand in August, down sharply from 24.81 billion rand in July. Exports fell 1.0% month on month while imports rose 10.4%.

- Date: 2022-09-30 · published 2022-09-30T12:00:00.000Z
- Category: report · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/39848-south-africa-trade-surplus-narrows-to-7-18-billion-rand-in-august
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A narrowing trade surplus with rising imports signals strong South African import demand, but the effect on global feed prices is limited.

## Sources

- reuters.com: https://www.reuters.com/world/africa/south-africa-trade-surplus-narrows-718-bln-rand-august-2022-09-30/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.