South Africa’s base metal export value up 1.2 percent in January-July

Friday, 01 September 2017 10:33:50 (GMT+3)   |   Istanbul

According to data released by the South African Revenue Service (SARS), in July this year the value of South Africa's exports of base metals and articles thereof totaled ZAR 10.7 billion ($825.13 million), down 11.7 percent from June. In the first seven months of this year, South Africa's export value of base metals and articles thereof increased by 1.2 percent year on year to ZAR 80.4 billion ($6.2 billion). 

In July of the current year, the country's imports of base metals and articles thereof amounted to ZAR 4.27 billion ($329.5 million), decreasing 17.5 percent from the previous month, while in the January-July period of this year South African imports of base metals and articles thereof fell by 3.6 percent year on year, amounting to ZAR 34.4 billion ($2.65 billion).

DemetKazdal
Demet Kazdal
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After graduating from Boğaziçi University with a degree in English Language and Literature, I have spent the past 15 years developing deep expertise in the steel industry. At SteelOrbis, I serve as Head of Content Department. I write and edit comprehensive news and reports on steel markets, with a primary focus on the Turkish market as well as global market dynamics.

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