Download full report All Issues
This brief reviews the agricultural sector’s trade performance over the first 10 months of 2020, both at aggregate level, and for key commodities within the grains and oilseeds, livestock and horticulture subsectors.
Total exports value grew YoY by R21.22 bn, from R121.77 bn for the first 10 months of 2019 to R142.98 bn for the same time period in 2020 at a growth rate of 17.4%, with fruit exports contributing considerably to the year on year increase.
In terms of agricultural imports, the total value increased from R78.55 billion in 2019 January to October to R81.15 billion in 2020 for the same period. Growth in the latter were driven by the increased value of Cereals and Animal/Vegetable Fats & Oils imports.