Share

SA remains net food exporter

Johannesburg - South Africa is selling 30% more agricultural goods abroad than it imported in 2010, a study revealed on Wednesday.

"Agricultural exports grew by 10% between 2008 and 2010, with total agricultural exports amounting to $6.8bn (about R52bn)," the SA Institute of Race Relations said.

During the same period, agricultural imports increased by just less than a percentage to $5.2bn (about R39bn), it said.

Agricultural exports accounted for 5% of South Africa's total exports in 2010, while agricultural imports accounted for 2%.

The analysis was based on information supplied by the foreign agricultural service in the United States' agriculture department.

The Netherlands was South Africa's largest agricultural export destination, accounting for a little over 10% or $700m (about R5.3bn) in 2010, the research revealed.

Between 2008 and 2010, the demand for South African agricultural exports grew in Asia and Africa, while the proportion of such exports going to European countries declined.

"Recent data indicates that demand for South African agricultural products is not only holding steady, but is in fact growing," researcher Jonathan Snyman said.

"Food security is an especially precarious state of affairs in sub-Sahara Africa, so it is a positive development that South African has maintained its status as a net agricultural exporter."

Argentina remained South Africa's largest source of agricultural imports since 2008. However the proportion of the imports had fallen from 17% in 2008 to 12% in 2010, he said.

 
We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. 
Subscribe to News24
heading
description
username
Show Comments ()
Rand - Dollar
19.77
-0.5%
Rand - Pound
24.55
-1.0%
Rand - Euro
21.22
-0.8%
Rand - Aus dollar
12.93
-0.6%
Rand - Yen
0.14
-0.9%
Platinum
1,033.53
+0.4%
Palladium
1,439.38
+0.7%
Gold
1,956.23
+0.7%
Silver
23.24
+0.3%
Brent Crude
77.07
+0.2%
Top 40
71,929
+0.7%
All Share
77,005
+0.5%
Resource 10
68,713
+1.2%
Industrial 25
106,887
+0.6%
Financial 15
14,522
-0.4%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders