Zambia's basic metals exports to South Africa have experienced notable volatility over the past decade. After peaking at $469.96 million in 2013, values contracted significantly, reaching $237.43 million in 2023. The year-on-year variation for 2022 showed a slight decrease of -4.14%, while 2023 continued this downward trend with a -4.23% drop. Over the past five years, the compound annual growth rate (CAGR) averaged -5.68%, indicating a persistent decline in export values. Future data projections suggest continued decline, with a forecasted CAGR of -4.16% over the next five years, culminating in an estimated $182.63 million by 2028.
Future trends to watch for include potential shifts in global metal prices, changes in trade policies, and infrastructure developments in either country. Monitoring these factors will be critical to anticipating further trends in Zambia's basic metals exports to South Africa.
