According to data released by the South African Revenue Service (SARS), in June this year the value of South Africa’s exports of base metals and articles thereof totaled ZAR 19.78 billion ($1.10 billion), down 5.9 percent from May. In the January-June period, South Africa’s export value of base metals and articles thereof rose by 14.5 percent year on year to ZAR 116.8 billion ($6.48 billion).
In June, the country’s imports of base metals and articles thereof amounted to ZAR 9.4 billion ($521.1 million), rising by 5.2 percent from the previous month, while in the first six months of the year South African imports of base metals and articles thereof moved up by 4.6 percent year on year to ZAR 50.75 billion ($2.81 billion) compared to the same period of 2022.