South Africa’s exports have not only remained competitive, but have increased, with the US$161 million tally for the second quarter of 2025 being 26% higher than exports in the same period in 2024, says Agriculture Minister John Steenhuisen.
But he cautioned that “it is important to examine this performance with a forward-looking perspective”.
“The recent imposition of a 30% tariff on our exports by the United States (US) has brought to light the urgent need to diversify our export markets and enhance our competitiveness to mitigate the economic impact of losing preferential trade access.”
In the first quarter of 2025, agricultural exports to the US were up by 19%, or $118 million, year-on-year.
Steenhuisen said the second quarter results highlighted the urgency of resolving the ongoing tariff negotiations.
“This growth is not merely a statistical anomaly, but a reflection of a bountiful harvest, a surge in high-quality produce, and the efficient operation of our ports….
“As we continue to engage in diplomatic negotiations… the focus remains on ensuring that our farmers and exporters can continue to thrive in the global marketplace, securing the future of our agricultural sector,” Steenhuisen said.
[Image: Michael Strobel from Pixabay]