South Africa achieves record agricultural trade surplus in first quarter of 2026

South Africa recorded its highest-ever agricultural trade surplus for the first quarter of the year, reaching US$1.55 billion between January and March 2026, as reported by African News Agency (ANA), a TV BRICS partner.

The result represents a 16.1 per cent increase compared to the same period in 2025 and reflects the continued strength of the country's agricultural export sector.

According to the latest trade data, agricultural exports totalled US$3.3 billion during the quarter. At the same time, imports declined by 10.6 per cent to US$1.76 billion, contributing to a significant improvement in the overall trade balance.

The horticultural industry remained the largest contributor to export earnings, accounting for 55 per cent of all agricultural exports. Grapes, apples, pears, citrus fruits, berries, wine, and tree nuts were among the leading export products, highlighting the sector's growing importance in international markets.

The strong performance underscores the strategic role of agriculture in supporting export revenues, employment and market diversification. Rising demand for South African horticultural products in overseas markets continues to strengthen the country's position as a major agricultural exporter.

The latest figures nevertheless demonstrate the continued competitiveness of South African agriculture and its growing contribution to the country's external trade performance.