Tag: Trade Deficit
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South Africa’s Trade Deficit with BRICS Partners Widens, Raising Questions About bloc’s Future
Intro: A Growing Imbalance Within BRICS New research highlights a sharp expansion in South Africa’s trade deficit with its BRICS partners, widening by $9.6 billion. The figure deepens concerns about how SA participates in the bloc it joined in 2010, and what the trend means for domestic industries, employment, and policy priorities. While BRICS markets…
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South Africa’s BRICS Trade Deficit Widens: Implications for Policy
Overview: A Growing Deficit with BRICS Partners Recent research shows a widening trade deficit between South Africa and its BRICS partners, increasing by approximately $9.6 billion. Authored by leading academic Bhaso Ndze and colleagues, the study highlights a structural shift in South Africa’s trade patterns within the BRICS bloc. The findings come at a time…
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South Africa’s BRICS Trade Deficit – A Widening Gap That Tests the Bloc’s Future
SA’s BRICS Trade Gap Widens: What the Numbers Say South Africa’s trade deficit with its BRICS partners has grown by $9.6 billion, according to recent research compiled by academics including Bhaso Ndze. The widening gap raises important questions about the country’s ongoing engagement with the bloc it joined in 2010. While BRICSs members—Brazil, Russia, India,…
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Canada’s August Trade Gap Widens as Exports Sink Faster Than Imports Rise
August Snapshot: A Widening Trade Deficit Canada’s merchandise trade deficit expanded to $6.32 billion in August, with exports slipping more than imports rose on a monthly basis, according to Statistics Canada. The gap underscores how rapidly shifting demand and the country’s exposure to the U.S. market have reshaped Canada’s trade picture at the start of…