South Africa’s base metal export value up eight percent in Jan-Nov

Wednesday, 02 January 2019 11:55:00 (GMT+3)   |   Istanbul

According to data released by the South African Revenue Service (SARS), in November last year the value of South Africa's exports of base metals and articles thereof totaled ZAR 13.74 billion ($961.8 million), up 2.2 percent from October. In the January-November period of the year, South Africa's export value of base metals and articles thereof increased by eight percent year on year to ZAR 138.76 billion ($9.72 billion).

In November last year, the country's imports of base metals and articles thereof amounted to ZAR 5.63 billion ($394.1 million), decreasing by 7.5 percent from the previous month, while in the first 11 months of last year year South African imports of base metals and articles thereof rose by three percent year on year, amounting to ZAR 56.5 billion ($3.96 billion).

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