Import Tracker - Q3 2018

Quarter 3 2018 saw a continued narrowing of the trade balance, with a very slim surplus of 0,3%. Year-on-year import growth of 12,8% was more than double export growth of 6% over the same period.
Exports were buoyed by strong growth by the automotive sector, and iron and steel; as well as by a mild recovery in commodity prices for gold and platinum.