{"id":90655,"date":"2025-09-29T16:58:02","date_gmt":"2025-09-29T16:58:02","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-lost-r16-7-billion-in-vehicle-exports"},"modified":"2025-09-29T17:21:59","modified_gmt":"2025-09-29T17:21:59","slug":"south-africa-lost-r16-7-billion-in-vehicle-exports","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-lost-r16-7-billion-in-vehicle-exports","title":{"rendered":"South Africa Lost R16.7 Billion in Vehicle Exports"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Africa. <\/strong><\/span>Exports of vehicles and vehicle parts from South Africa to the United States decreased year-over-year (YoY) by 65% in June and by 80% in July.<\/p>\n<p>This was revealed by data in the latest report from the United States Census Bureau on international trade in goods and services.<\/p>\n<p>The United States Census Bureau releases the US International Trade in Goods and Services report in collaboration with the US Bureau of Economic Analysis.<\/p>\n<p>The US Census Bureau is a federal statistical agency within the U.S. Department of Commerce, responsible for statistics about the American economy.<\/p>\n<p>Its data showed that South Africa\u2019s automotive industry has been hard hit by the escalating United States tariffs under President Donald Trump.<\/p>\n<p>To understand the decline, it is important to look at the changes to South Africa\u2019s automotive manufacturing sector under Trump.<\/p>\n<p>Over the past two decades, South Africa has benefited from preferential trade treatment with the United States under the African Growth and Opportunity Act (AGOA).<\/p>\n<p>One of the sectors that was most advantaged was South Africa\u2019s vehicle industry, which did not incur any duties on exporting vehicles to the United States.<\/p>\n<p>In 2024, South African exports of vehicles and vehicle parts accounted for 15% of the country\u2019s total exports to the United States. However, this changed in 2025.<\/p>\n<p>In March 2025, US President Donald Trump issued the Section 232 proclamation, subjecting imports of vehicles and vehicle parts to the US to a 25% tariff.<\/p>\n<p>The reason for the new vehicle tariffs was to combat the United States\u2019 reliance on international vehicle imports and protect its own automotive sector.<\/p>\n<p>The tariffs took effect in April 2025, and vehicles imported under AGOA were not mentioned as exemptions from the 25% automotive tariff.<\/p>\n<p>The proclamation stated that the tariffs would be imposed in addition to \u201cmost favoured nation\u201d rates and would not be waived by preference programs such as AGOA.<\/p>\n<p>The only vehicle imports to the US that qualify for exemptions are certain specified imports under the U.S.\u2013Mexico\u2013Canada Agreement (USMCA).<\/p>\n<p><b>The impact on South Africa\u2019s automotive sector<\/b><\/p>\n<p>The impact of the tariffs on South African vehicle exports was significant. Exports of vehicles and vehicle parts to the US plummeted YoY by 65% in June and by 80% in July.<\/p>\n<p>The overall 2025 year-to-date exports of vehicles from South Africa to the United States experienced a significant 62% decrease compared to 2024.<\/p>\n<p>According to the United States Census Bureau, South Africa exported R26.5 billion of vehicles from January to July 2024. It dropped to only R9.8 billion in 2025.<\/p>\n<p>From the beginning of August 2025, South Africa was subject to a 30% blanket tariff, which further increased the cost for US businesses to import vehicles from South Africa.<\/p>\n<p>This put South Africa at a significant disadvantage compared to other countries exporting vehicles to the United States, which only pay 25%.<\/p>\n<p>The already apparent impact on South Africa\u2019s vehicle exports will likely be influenced to an even greater extent.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">South-Africa<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Africa. Exports of vehicles and vehicle parts from South Africa to the United States decreased year-over-year (YoY) by 65% in June and by 80% in July. This was revealed by data in the latest report from the United States Census Bureau on international trade in goods and services. The United States Census Bureau [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":90654,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[275],"class_list":["post-90655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-south-africa-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>South Africa Lost R16.7 Billion in Vehicle Exports - South Africa<\/title>\n<meta name=\"description\" content=\"Exports of vehicles and vehicle parts from South Africa to the United States decreased year-over-year (YoY) by 65% in Ju ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-lost-r16-7-billion-in-vehicle-exports\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Africa Lost R16.7 Billion in Vehicle Exports\" \/>\n<meta property=\"og:description\" content=\"Exports of vehicles and vehicle parts from South Africa to the United States decreased year-over-year (YoY) by 65% in Ju ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-lost-r16-7-billion-in-vehicle-exports\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-29T16:58:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-29T17:21:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2025\/09\/sm_1759153879.856186.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-lost-r16-7-billion-in-vehicle-exports#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-lost-r16-7-billion-in-vehicle-exports\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"South Africa Lost R16.7 Billion in Vehicle Exports\",\"datePublished\":\"2025-09-29T16:58:02+00:00\",\"dateModified\":\"2025-09-29T17:21:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-lost-r16-7-billion-in-vehicle-exports\"},\"wordCount\":499,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-lost-r16-7-billion-in-vehicle-exports#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2025\/09\/sm_1759153879.856186.jpg\",\"keywords\":[\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-lost-r16-7-billion-in-vehicle-exports#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-lost-r16-7-billion-in-vehicle-exports\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-lost-r16-7-billion-in-vehicle-exports\",\"name\":\"South Africa Lost R16.7 Billion in Vehicle Exports - 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