South Africa’s base metal export value down 5% in January from December

According to data released by the South African Revenue Service (SARS), in January this year the value of South Africa’s exports of base metals and articles thereof totaled ZAR 17.2 billion ($916.0 million), down 5.0 percent from December.

In January, the country’s imports of base metals and articles thereof amounted to ZAR 8.3 billion ($443.9 million), increasing by 28.3 percent from the previous month.