South Africa Sets New Agricultural Trade Surplus Record in Q1 2026
South Africa achieved a record agricultural trade surplus of $1.55 billion in Q1 2026, primarily due to a decrease in import costs. While horticulture exports remained strong, the animal products sector faced challenges due to disease outbreaks.
Why it matters
The data highlights the volatility of agricultural trade and the critical role of specific sectors like horticulture in maintaining national trade balances.
email facebook linkedin twitter Whatsapp South Africa’s agricultural trade surplus hit a record $1.55 billion, mainly due to lower imports Horticulture drove export strength, contributing 55% of agricultural exports and a $1.66 billion surplus Strong 2026 export growth is possible if livestock trade recovers and horticulture remains robust South Africa's agricultural trade surplus reached a record $1.55 billion in the first quarter of 2026, up 16.1% from a year earlier, according to a report published on June 8 by agricultural union AgriSA.
The article provides an objective summary of economic data and trade reports from an agricultural union.
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