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South Africa's textiles imports rise 8.6% in Jan-Aug 2024

11 Oct '24
1 min read
South Africa's textiles imports rise 8.6% in Jan-Aug 2024
South Africa's textiles imports rise 8.6% in Jan-Aug 2024

Insights

  • Between January and August 2024, South Africa's textile imports rose by *.* per cent to $**********.** million, while exports fell by *.* per cent to $*****.** million.
  • In August 2024 alone, imports increased by *.* per cent, but exports declined by * per cent compared to August 2023.
  • These figures highlight strong domestic demand but challenges in exporting textiles internationally.

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

Exports of textiles and related products declined by *.* per cent, reaching **,***.* million Rand (~$***.** million) in the first eight months of ****, compared to **,***.* million Rand during the same period last year.

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