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29.05.202612:58:12UTC+00South Africa Trade Surplus Shrinks in April

South Africa’s trade surplus narrowed to ZAR 15.2 billion in April 2026, down from a downwardly revised ZAR 30.2 billion in March, as import growth significantly outpaced exports. Imports jumped 11.8% to ZAR 175 billion, largely reflecting a 76% surge in mineral product purchases and a 5% rise in machinery and electronics. By contrast, exports increased by a more modest 1.8% to ZAR 191 billion, supported by a 30% spike in precious metals and stones, which helped offset declines in vegetable products (-15%), chemicals (-14%), mineral products (-5%) and transport equipment (-5%).

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