Fruit and wine drive South Africa’s record agricultural surplus
South Africa achieved its highest-ever agricultural trade surplus in the first quarter of 2026, reaching $1.55 billion between January and March, TV BRICS reports.
According to the African News Agency, the surplus marks a 16.1% increase compared to the same period in 2025, underscoring the resilience of the country’s export sector. Agricultural exports totaled $3.3 billion, while imports fell 10.6% to $1.76 billion, driving the improved balance.
Horticulture remained the backbone of export earnings, contributing 55% of total agricultural exports. Grapes, apples, pears, citrus fruits, berries, wine, and tree nuts led the way, reflecting strong global demand for South African produce.
This performance highlights agriculture’s strategic role in boosting export revenues, supporting jobs, and diversifying markets. Rising international appetite for South African horticultural products continues to strengthen the nation’s position as a leading agricultural exporter.
Earlier, it was reported that Kazakhstan’s Food Contract Corporation and Hong Kong-based Soy Sky Farmtech Company Limited had signed a memorandum to strengthen exports of grain, legumes, oilseeds, and wheat flour to markets in China and Southeast Asia.