PESA
Trade and Regional Integration in South Africa: FY2019/20

Trade and Regional Integration in South Africa: FY2019/20

Trade and Regional Integration in South Africa: FY2019/20
  • Version
  • Download
  • File Size 0.00 KB
  • File Count
  • Create Date 12 months ago
  • Last Updated Apr 22, 2020

Trade and Regional Integration in South Africa: FY2019/20

South African exports have grown faster than imports during the period from 2015 to 2018. This has improved South Africa’s gross official reserves due to the improvement of the merchandise trade balance. The growth in exports led to a short-term improvement of South Africa’s current account balance. South Africa is still heavily dependent on mineral commodity exports which are also amongst its top export to the Southern African Development Community (SADC). In addition, South Africa is poorly integrated in terms of regional trade with neighbouring countries in SADC and its trade is unbalanced due to the significant trade surplus enjoyed by the country. This suggests that there is significant room to increase South Africa’s imports from SADC countries.

PESA

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Follow PESA Online

Advertisement

Follow PESA Online

Follow us on some of your favourite social media.

Contact Us

Please complete the General Enquiry form and submit it to us for a response. Please use the subject “Media” for all media-related requests.

 

    By continuing to use the site, you agree to the use of cookies. Click here for more information.

    The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

    Close