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According to a report on the South African independent media website on March 9, the South African Agricultural Chamber (Agbiz) recently stated that it is expected that the value added of South Africa's agriculture in 2020 will increase by about 10% to 13% year-on-year.
Since agriculture accounts for only about 2% of the local economy, in 2020 foodmate.
net/tag_1364.
html" class="zdbq" title="Ministry of Agriculture related food information" target="_blank">the Ministry of Agriculture of the door outstanding performance did little to change the overall economy of South Africa.
Previously, Agbiz released data showing that in 2020, South Africa's agricultural sector exports reached 10.
2 billion U.
S.
dollars (approximately 158 billion rand), a year-on-year increase of 3%, which was the second highest level after the record export value of 10.
7 billion U.
S.
dollars in 2018.
Agbiz said that the favorable weather conditions that support the increase in the output of South Africa's agricultural sector in 2020 will continue until 2021.
It is expected that the value added of South Africa's agriculture in 2021 may increase by 4% year-on-year.
Since agriculture accounts for only about 2% of the local economy, in 2020 foodmate.
net/tag_1364.
html" class="zdbq" title="Ministry of Agriculture related food information" target="_blank">the Ministry of Agriculture of the door outstanding performance did little to change the overall economy of South Africa.
Previously, Agbiz released data showing that in 2020, South Africa's agricultural sector exports reached 10.
2 billion U.
S.
dollars (approximately 158 billion rand), a year-on-year increase of 3%, which was the second highest level after the record export value of 10.
7 billion U.
S.
dollars in 2018.
Agbiz said that the favorable weather conditions that support the increase in the output of South Africa's agricultural sector in 2020 will continue until 2021.
It is expected that the value added of South Africa's agriculture in 2021 may increase by 4% year-on-year.