The trade balance declined in the first quarter of 2019. At the end of the quarter, the deficit was R0.3 billion. With the exception of the first quarter of 2017, South Africa has seen a trade deficit in the first quarter for the 10 years between 2010 and 2019. "
The trade balance declined in the fourth quarter of 2018, however, although it fell there was still a trade surplus. During the same period, imports grew by 7,8% while exports saw a minimal growth of 1,2%."