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South Africa’s trade surplus rises to 10.67b rand in June

South Africa’s trade surplus rises to 10.67b rand in June

JOHANNESBURG: South Africa’s trade surplus rose to 10.67 billion rand ($813 million) in June from a revised 7.22 billion rand surplus in May, data from the revenue agency showed.

Exports fell 0.6 percent to 102.14 billion rand on a month-on-month basis in June, while imports were down 4.2 percent to 91.47 billion rand, the South African Revenue Service said in a statement.