SA’s trade surplus narrows to R19.78bn in October

South Africa’s trade surplus narrowed to R19.78 billion ($1.23 billion) in October from a revised surplus of R22.15 billion in September, data from the revenue service showed on Tuesday.

Exports fell 5.7% on a month-on-month basis to R147.92 billion, while imports were down 4.9% to R128.14 billion, the South African Revenue Service said.