Overall trade flows in southern Africa fell from $131.1 billion in 2002 to $112.3 billion in 2003, with South Africa – one of only three countries in the region that recorded current-account surpluses – accounting for 65% of the total. Whereas South Africa’s foreign trade almost doubled between 1994 and 2002, exports from, say, Malawi to Tanzania or from Mozambique to Zambia remained negligible, despite their geographic proximity.