Official merchandise trade statistics reveal that during the same period in 2023, the country imported textiles and textile articles worth 59,528.9 million rand. South Africa continues to be a net importer in this product segment.
Exports of textiles and related products edged up by 1.8 per cent, amounting to 23,578.8 million rand (~$1,279.11 million) in 2024, compared to 23,155.9 million rand in 2023.
In December 2024, South Africa’s imports of textiles and textile articles under Chapters 50–63 stood at 4,678.1 million rand (~$253.78 million), reflecting a 14.6 per cent decrease from imports of 5,477.4 million rand in November 2024.
The country’s exports under the same chapters declined by 26.5 per cent to 1,878.2 million rand (~$101.89 million) in December 2024, down from 2,555.8 million rand in November 2024.
South Africa’s imports of textile products decreased in December 2024 on a month-on-month basis. Its exports of these goods also followed a downward trend. However, overall trade on both sides showed an upward trend throughout 2024.
ALCHEMPro News Desk (KUL)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
