South Africa’s base metal export value up 4.7 percent in January-February

Monday, 02 April 2018 17:33:40 (GMT+3)   |   Istanbul

According to data released by the South African Revenue Service (SARS), in February this year the value of South Africa's exports of base metals and articles thereof totaled ZAR 10.77 billion ($909.14 million), down 9.4 percent from January. In the first two months of this year, South Africa's export value of base metals and articles thereof increased by 4.7 percent year on year to ZAR 22.67 billion ($1.91 billion). 

In February of the current year, the country's imports of base metals and articles thereof amounted to ZAR 4.3 billion ($363 million), decreasing 23.8 percent from the previous month, while in the January-February period of this year South African imports of base metals and articles thereof fell by 2.1 percent year on year, amounting to ZAR 9.9 billion ($835.7 million).

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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