External Sector: Recent Developments

January 2012
South Africa Country Monitor;Jan2012, p17
Country Report
The article provides an overview on the developments in the external sector of South Africa in 2011. The balance of payments in the second quarter of 2011 is highlighted which declined to 3.3 percent as a share of the gross domestic product (GDP). The merchandise imports increased by 8.5 percent month-on-month (m/m) in September 2011 while the merchandise exports decreased by 9.7 percent m/m in October 2011.


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