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Bulk exports marginally higher in April

SA's bulk export volumes rose by 0.5% year-on-year (y/y) in April to 13.1m tons (Mt)‚ according to data from the Transnet National Ports Authority (TNPA) released on Monday (13 May).

By Helmo Preuss

14 May 2013

Bulk exports rose by only 4.8% last year after a 6.8% gain in 2011 and a 9.0% jump in 2010. The change in the first four months of this year was just 0.5% y/y rise.

Bulk exports were up 9.2% y/y in the first nine months of last year before industrial action in the mining sector curtailed exports.

Exports from Richards Bay‚ which are mostly coal‚ rose by 6.0% y/y in April to 7.1Mt after rising by 5.2% last year to 80Mt for the year.

Exports out of Saldanha‚ which are mostly iron ore‚ fell by 5.6% y/y in April to 4.9Mt after increasing by 4.6% last year to 55.7Mt‚ while exports out of all other ports dropped by 4.1% y/y in April to 1.086Mt after gaining 3.4% last year to 12.6Mt for the year.

Source: I-Net Bridge

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