Home breadcru News breadcru Trade breadcru  | South Africa's textiles imports rise 8.4% in Jan-Sept 2024

Prime Content | 
South Africa's textiles imports rise 8.4% in Jan-Sept 2024

06 Nov '24
2 min read
South Africa's textiles imports rise 8.4% in Jan-Sept 2024
South Africa's textiles imports rise 8.4% in Jan-Sept 2024

Insights

  • Between Jan-Sept, South Africa's textile imports rose by **** per cent to ****,***.* million Rand ($************) compared to the same period in 2023.
  • Exports, however, declined by *** per cent to **,***.* million Rand ($***,***.**)
  • In September alone, imports fell by *** per cent year-on-year, while exports increased by **.* per cent, signalling a shift in trade dynamics from August 2024.

Official merchandise trade statistics reveal that during the same period in ****, the country imported textiles and textile articles worth **,***.* million Rand. South Africa continues to be a net importer in this product segment.

Exports of textiles and related products declined by *.* per cent, amounting to **,***.* million Rand (~$***.** million) in the first nine months of ****, compared to **,***.* million Rand during the corresponding period in ****.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!