Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Africa

Perishables lighten mood after GDP figures

07 Sep 2022 - by Staff reporter
Pears, apples and citrus are among the exports buoying South Africa's economy.
 Source: Pixabay
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Although it’s not clear which countries in Africa have become the largest intra-continental importers of local perishable goods, the continent has become South Africa’s biggest market for agricultural and agro-processing exports.

As one of the few sectors of the local economy that performed well, according to the latest set of GDP data released by Statistics SA yesterday, these products accounted for R51 billion in the second quarter (Q2).

This figure is a 12% increase on data retrieved from this sector in Q1 last year.

Top exports that helped to improve year-on-year data were citrus, maize, apples and pears.

According to Reggie Ngcobo, spokesperson for the Department of Agriculture, Land Reform and Rural Development, Africa’s imports of agricultural and agro-processing goods from South Africa accounted for 35% in value terms.

Asia was Q2’s second-biggest importer of perishables from South Africa, accounting for 28%.

The EU is third, having imported 21% from this sector.

Ngcobo’s boss, Thoko Didiza, welcomed the GDP figures for agriculture and agro-processing.

It made for consecutive quarterly growth figures in a sector – in an economy that has contracted by 0.7%, according to yesterday’s StatsSA figures.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Ciltsa conference spotlights change in logistics

Logistics

The event will focus on measuring and managing the impact of change on transport businesses.

29 Apr 2025
0 Comments

Gauteng MEC launches public transport women’s help desk.

Logistics

The desk will provide a support system for women working in the taxi services, e-hailing and bus operations sectors.

25 Apr 2025
0 Comments

Ramaphosa and Zelenskyy strengthen trade ties

Economy

Ukraine wants to partner with South Africa to boost power generation and the production of fertilisers.

25 Apr 2025
0 Comments

Regional growth on upward trajectory – World Bank

Economy

The median inflation rate in the region declined from 7.1% in 2023 to 4.5% in 2024.

25 Apr 2025
0 Comments

Ports advance green corridor strategy

Logistics

Driving the deployment of sustainable fuels on the Rotterdam-Singapore Green and Digital Shipping Corridor.

25 Apr 2025
0 Comments

Ro-ro behemoth sets sail for Brazil on maiden voyage

Logistics
25 Apr 2025
0 Comments

Nersa backs LNG imports to secure SA gas supply

Logistics

Report supports the development of indigenous gas resources to reduce dependence.

25 Apr 2025
0 Comments

Tit-for-tat trade restrictions sour relations between AfCFTA states

Africa

For several years, South Africa has prohibited the importation of Tanzanian bananas.

25 Apr 2025
0 Comments

Namibia seeks to beneficiate energy discoveries

Africa

The country is focusing on developing downstream infrastructure to develop to full-scale production capacity.

25 Apr 2025
0 Comments

Agile and scalable solutions needed for fast-changing market

Logistics

SA Cargo is enhancing its ro-ro routes and strengthening collaboration with its service providers to overcome the challenge of congestion.

25 Apr 2025
0 Comments

Softening freight rates point to downturn in NVOCC sector

Logistics

“The logistics landscape is constantly evolving – especially when it comes to consolidation,” said Michelle Horner, trade and WWA manager for SACO.

24 Apr 2025
0 Comments

Godongwana’s VAT reversal good news for business

Domestic

But more scrutiny of tax returns can be expected as the fiscus seeks to plug the gap, says a financial expert.

24 Apr 2025
0 Comments
  • More

FeatureClick to view

The Cape 16 May 2025

Border Beat

The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
Border police turn the tide on illegal crossings
29 Apr 2025
More
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us