AGRICULTURE NEWS - Data from Trade Map shows that exports increased by 4% year-on-year, amounting to US$3,9 billion (about R74 billion) in the third quarter of this year. Products dominating the export list include citrus, maize, apples, pears, nuts, wine, soya beans, sugar, and fruit juices.
Agbiz chief economist Wandile Sihlobo noted that the increase was both a function of improvement in volumes and prices. This was especially the case for the fruit sector, offsetting the decline in grain and oilseed prices, which decreased considerably from 2022 levels.
Overall, South Africa’s agricultural exports amounted to US$10,2 billion (R192 billion) in the first nine months of the year, up 1% from the same period in 2022.
Read more on Caxton publication, Farmers Weekly
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