In constant 2025 Rand, South Africa had a trade surplus of R55 billion in the second quarter of 2025, with exports amounting to R510 billion and imports amounting to R455 billion. However, exports declined by R24 billion in the year to the second quarter of 2025, while imports declined by R23 billion. In this period, the surplus declined by less than R400 million. The decline in imports was in part due to a R15 billion decline in the value of the top five imports. The value of the top five exports decreased by R5 billion in the year to the second quarter of 2025. Ferrochromium exports show the largest decrease, falling by almost R12 billion, followed by a R7 billion decrease in exports of goods vehicles, and an almost R6 billion fall in bituminous coal exports.
