US tariffs make South African wine costlier in the world's biggest wine market

Tariffs on South African agricultural products imposed by the United States are driving up the cost of South African wine in the world’s largest market, reducing competitiveness and weighing on export volumes.

According to the United Nations Conference on Trade and Development (UNCTAD) February global trade update.

South African wine is now roughly 17% more expensive in the US compared with 2024 prices, relative to other imports, Bloomberg reported.

Producers of South African wine and fruit are feeling the pinch from American duties of up to 30% on certain agricultural goods. The tariffs contributed to an 11% decline in imports during the third quarter and a 39% drop in the final three months of the year, UNCTAD reported.

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