South African agriculture exports approximately 25 commodities amounting to a value of more than $10bn annually.
On Friday, 28 February 2020, the World Health Organisation (WHO) declared the Covid-19 outbreak as a global pandemic, resulting in governments around the world to strengthen their containment measures. Last week, the global market lost more than $6tn resulting in the worst economic week since the global recession in 2008.
"At this stage, it is difficult to quantify the economic impact on South African agriculture. Over the short term we are expecting supply chain and logistical disruptions that may cause harm to export-driven agricultural sectors," says Van Zyl.
Agri SA will continuously work alongside industry bodies to monitor the impact of Covid-19