In 2025, the US received 7.1% of South Africa’s exports – down from 7.7% in 2024 and 7.9% in 2010.

This decline saw Germany edge out the US, with its share rising from 7.6% in 2024 to 8.0% in 2025. This shift is partly due to higher trade tariffs introduced by the US in 2025.

How did we get here? US trade tariffs introduced in 2025 hit South Africa’s value‑added exports the hardest.

These are goods that are processed or manufactured locally, thus creating more jobs and economic value. In the final quarter of 2025, the value of South Africa’s exports to the US had been knocked significantly – growing by only 2.9% compared to 11.8% in the third quarter.

Vehicle and transport equipment exports were hit hardest.

Declines in the first half of 2025 – mainly due to the 25% US tariff on passenger vehicles and parts in April 2025 – were compounded by the introduction of the 30% reciprocal tariff in August. 

Despite US losses, South Africa’s overall exports were boosted by growth in new markets, such as Belgium and Zimbabwe, as well as higher commodity prices.

Read the March 2026 Quarterly Bulletin for more economic insights.