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Trade stats January-June 2019

Published: 31st Jul 2019

Pretoria, Gauteng, SA (July 31, 2019) – The SA Revenue Services released trade statistics for June 2019 which showed that the value of the value of hides, skins & leather trade - imports and exports - has fallen this year by comparison with last year, while the value of footwear & accessories trade - imports and exports - has increased. The former figures would have been influenced by the global drop in hides and skins prices.
       Hides, skins & leather trade shows a small trade surplus, while footwear & accessories trade shows a large trade deficit.
       Hides, skins & leather exports for June were worth R298 454 569, while imports amounted to R299 038 667 for a trade deficit of R584 098. The cumulative export figure for January-June was R1 744 940 232 by comparison with R2 098 772 313 for the same period last year. The cumulative import figure for January-June was R1 719 019 253 by comparison with R1 723 207 758 for the same period last year.
       Footwear & accessories exports were worth R205 189 052, while imports amounted to R1 310 668 020 for a trade deficit of R853 610 096. The cumulative export figure for January-June was R1 365 842 651 by comparison with R1 310 668 020 for last year. The cumulative import figure for January-June was R6 683 123 167 by comparison with R6 096 803 721 for the same period last year.

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