Loblaw’s surge could continue as South Africa’s coronavirus reopening proceeds — Panjiva
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Loblaw’s surge could continue as South Africa’s coronavirus reopening proceeds

Ags - Fruit/Veg 133 Cons. Discr. - Autos 1179 Consumer Staples 760 Coronavirus 511 Metals - Aluminum 248 South Africa 44 U.S. 5317

South Africa is reopening its economy after the coronavirus pandemic, starting with agricultural exports. Food and agriculture accounted for 12.1% of South African exports in 2018. The largest export sectors were minerals and transportation, including autos, which represented 24.5% and 13.3% respectively. The largest export lines to the U.S. were fruit / nuts and aluminum. U.S. seaborne imports of fruits / nuts climbed 22.1% year over year in Q1, led by a 41.3% surge from George Weston’s Loblaw. Aluminum exports to the U.S. fell 39.5% year over year, likely due in part to continued secti...

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