South Africa's base metal export value up 22% in January-August

Wednesday, 01 October 2014 15:16:17 (GMT+3)   |   Istanbul
       

According to data released by the South African Revenue Service (SARS), in August of the current year the value of South Africa's exports of base metals and articles thereof totaled ZAR 9.77 billion ($865.62 million), decreasing by 6.2 percent from July. In the first eight months of this year, South Africa's export value of base metals and articles thereof increased by 21.8 percent year on year, reaching ZAR 85.8 billion ($7.6 billion).
 
In August this year, the country's imports of base metals and articles thereof amounted to ZAR 3.94 billion ($349 million), down 3.8 percent from July, while in the first eight months South African imports of base metals and articles thereof decreased by 3.7 percent year on year, amounting to ZAR 32.15 billion ($2.85 billion).


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