South Africa’s bilateral trade with China has surged following Beijing’s introduction in May of a temporary zero-tariff deal for qualifying African exports. Commerce between the two countries reached almost $15 billion from then through to August, representing a nearly 24 per cent year-on-year increase. Beijing’s ambassador to South Africa, Wu Peng, said on Thursday that exports to China rose nearly 25 per cent to $5.3 billion while imports from China increased 23 per cent to $9.47 billion. South Africa’s agricultural exports to China reached nearly $500 million during the period, up more than 35 per cent year-on-year. Increasing exports to China is part of South Africa's strategy to develop new markets as it faces a worsening relationship with the United States and potential trade barriers. Speaking at the briefing, Trade, Industry and Competition Minister Parks Tau urged South African businesses to take advantage of duty-free access to the Chinese market. He said they should do this while the government continued negotiations aimed at providing long-term certainty for exporters and protecting local industries. While Washington has extended the duty-free African Growth and Opportunity Act (AGOA) until 2028, South Africa risks being excluded. US President Donald Trump has taken issue with a number of South Africa’s domestic and foreign policies. It has also claims the government is persecuting white Afrikaners, an accusation the government denies.
South Africa's bilateral trade with China surges after zero-tariff deal
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