Wednesday, 13 June 2012
The myth of S.A as a net food importer.
A story doing the rounds of the wolf crying right in South Africa is that S.A has now become a new food importer. That's to say we now import more food than export. Actually like almost everything (very, very close to everything) they're speaking nonsense. In fact we're still by far a new food exporter and the trend is growing.
From here : http://www.southafrica.info/business/trade/export/agriculture-030212.htm
3 February 2012
South Africa remains a net a food exporter, selling 30% more agricultural goods abroad than it imported in 2010, according to the latest South Africa Survey, published last month by the SA Institute of Race Relations.
According to the survey by the Johannesburg-based institute, South Africa's agricultural exports grew by 10% between 2008 and 2010, with total agricultural exports amounting to US$6.8-billion in 2010. During the same period, agricultural imports increased by just less than 1% and amounted to $5.2-billion.
Agricultural exports stood at 5% of South Africa's total exports in 2010, with agricultural imports accounting for 2% of total imports.
The institute's analysis was based on data supplied by the Foreign Agricultural Service at the United States Department of Agriculture.
Posted by The Rooster at 14:07