SA’s agricultural export earnings will likely soften this year from the 2022 record. Lower commodity prices, ongoing restrictions to exports of some livestock products because of foot-and-mouth disease, and stringent regulations on citrus black spot disease in the EU are among the factors likely to result in lower export earnings.

While SA’s agricultural exports have remained relatively solid in the first few months of the year, we are expecting the effects of these challenges to be more evident in the second half. SA’s agricultural exports for the first five months of this year were robust, amounting to $5.06bn, roughly unchanged from the corresponding period in 2022...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.