7 hours ago
South Africa Records $2.14 Billion Agricultural Trade Surplus in Q2 2026
South Africa recorded an agricultural trade surplus of $2.14 billion in Q2 2026, marking an 11.6% year-on-year increase. Total agricultural exports reached $4.12 billion (+9.1%), driven by horticulture—specifically citrus and lemons—which comprised 51.3% of export trade. Strong shipment gains in Vietnam (+153%), Saudi Arabia (+90%), and China (+30%) offset a 28% drop in exports to the US and ongoing red meat restrictions tied to an unprecedented foot-and-mouth disease outbreak.
