Trade
South Africa’s Farm Exports to US Jump 26% Before Hefty Tariffs
Workers box grapefruit at a citrus farm outside Hoedspruit, South Africa.
Photographer: Waldo Swiegers/BloombergSouth Africa’s agricultural exports to the US surged ahead of a planned 30% tariff, partly due to a bountiful harvest and higher global commodity prices.
Exports to the US climbed 26% to $161 million in the three months through June, compared with a year earlier, Wandile Sihlobo, chief economist at the Agricultural Business Chamber of South Africa said in a quarterly review on Monday.