South Africa trade surplus narrows to 3.55 billion rand in January

JOHANNESBURG (Reuters) – South Africa recorded a trade surplus of 3.55 billion rand ($230 million) in January, down from a revised surplus of 29.02 billion rand in December, data from the revenue service showed on Monday.

Exports fell 16.1% month on month to 130.12 billion rand, while imports were up 0.3% at 126.57 billion rand, the South African Revenue Service said.

($1 = 15.4383 rand)

(Reporting by Olivia Kumwenda-Mtambo; Editing by David Goodman)

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