According to data released by the South African Revenue Service (SARS), in April this year the value of South Africa’s exports of base metals and articles thereof totaled ZAR 19.07 billion ($963.24 million), down 14.1 percent from March. In the January-April period, South Africa’s export value of base metals and articles thereof rose by 20.1 percent year on year to ZAR 75.96 billion ($3.84 billion).
In April, the country’s imports of base metals and articles thereof amounted to ZAR 8.71 billion ($439.71 million), falling by 5.5 percent from the previous month, while in the first four months of the year South African imports of base metals and articles thereof moved up by 3.1 percent year on year to ZAR 32.45 billion ($1.64 billion) compared to the same period of 2022.