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Why Does South Africa Export Iron Ore

Overview In December 2020 South Africas Iron Ore exports accounted up to ZAR12.7B and imports accounted up to ZAR6.48k resulting in a positive trade balance of ZAR12.7B. Between December 2019 and December 2020 the exports of South Africas Iron Ore have increased by ZAR5.06B 66.5 from ZAR7.6B to ZAR12.7B while imports decreased by ZAR-20.6k -76.1 from ZAR27.1k to ZAR6.48k.

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