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South Africa's textile imports up 33% to $355 mn in Jan 2025

04 Mar '25
2 min read
South Africa's textile imports up 33% to $355 mn in Jan 2025
Pic: Adobe Stock

Insights

  • South Africa's textile imports reached 6,247.1 million rand (~$355.00 million) in January 2025, up 33.1 per cent year-on-year.
  • Exports rose 15.5 per cent to 1,335.0 million rand.
  • Compared to December 2024, imports grew 33.6 per cent, while exports fell 28.9 per cent.
  • In 2024, textile imports totalled 65,476.0 million rand, and exports increased 1.8 per cent to 23,578.8 million rand.
South Africa’s imports of textiles and textile articles (under Chapters 50–63) totalled 6,247.1 million rand (~$355.00 million) in January 2025, according to preliminary data released by the South African Revenue Service in its January 2025 report. This marks a 33.1 per cent increase compared to imports during the same period last year. The trade figures include transactions with Botswana, Eswatini, Lesotho, and Namibia (BELN) countries.

Official merchandise trade statistics reveal that during the same period in January 2024, the country imported textiles and textile articles worth 4,692.0 million rand.

South Africa continues to be a net importer in this product segment. Exports of textiles and related products edged up by 15.5 per cent, amounting to 1,335.0 million rand (~$71.59 million) in January 2025, compared to 1,155.9 million rand in January 2024.

In the first month of 2025, South Africa’s imports of textiles and textile articles under Chapters 50–63 increased by 33.6 per cent from 4,674.5 million rand in December 2024. The country’s exports under the same chapters declined by 28.9 per cent from 1,878.5 million rand in December 2024.

In 2024, the country’s imports of textiles and textile articles reached 65,476.0 million rand (~$3,551.95 million), up from 59,528.9 million rand in 2023. 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.

ALCHEMPro News Desk (KUL)

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