Moreland Development advertises in South Africa at a Glance              Anglo Platinum advertises in South Africa at a Glance       Siemens advertises in South Africa at a Glance       Richards Bay IDZ advertises in South Africa at a Glance       Zimbali Resort advertises in South Africa at a Glance              BHP Billition advertises in South Africa at a Glance       Qatar Airways advertises in South Africa at a Glance       Deneys advertises in South Africa at a Glance       East London IDZ advertises in South Africa at a Glance       South Africa Travel Guide advertises in South Africa at a Glance              Coega advertises in South Africa at a Glance       Eskom advertises in South Africa at a Glance       De Beers advertises in South Africa at a Glance       Buffalo City Development Agency advertises in South Africa at a Glance                     XPAT advertises in South Africa at a Glance       Eastern Cape Development Corporation advertises in South Africa at a Glance       
The South African Budget

The South African Budget 2007 - 2008


South African Foreign Trade

As anticipated, South Africa's foreign trade deficit continued to grow in 2007. So did the current account deficit. The 2007 trade deficit reached R69.3 billion, up from R67.1billion in 2006. Even the record prices (see Economic Sectors) and export levels of commodities,especially gold, platinum and coal could not offset the growing import bill, which was fueled by infrastructure spending and higher oil prices. The current account deficit, just 2% of GDP a few years ago, sky rocketed to more than 8%, the highest on record.


[For more information on the Foreign Trade purchase South Africa at a Glance]
 
 
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