President Cyril Ramaphosa is in Brasília for a two‑day state visit aimed at converting South Africa’s long‑standing strategic ties with Brazil into expanded trade, investment and industrial cooperation.
Ramaphosa is leading a high‑level ministerial and business delegation as Pretoria seeks to deepen economic engagement with Latin America’s largest economy.
The visit, taking place from 9-10 March at the invitation of President Luiz Inácio Lula da Silva, is expected to prioritise new commercial partnerships and sector‑specific investment opportunities.
Presidential spokesperson Vincent Magwenya said the talks between the two leaders would cover a wide range of bilateral and multilateral issues, with a strong emphasis on strengthening economic relations.
“The visit will provide an opportunity for the two heads of state to engage on a broad range of bilateral and multilateral issues of mutual interest,” Magwenya said on Monday.
The two countries’ partnership is anchored in a 2010 Strategic Partnership Declaration and implemented through the South Africa–Brazil Joint Commission.
Ramaphosa’s programme includes addressing a South Africa–Brazil Business Forum where companies from both countries will explore opportunities in agribusiness, aerospace, energy, mining, pharmaceuticals, engineering, defence and the creative industries.
South Africa’s delegation includes firms active across these sectors, alongside ministers responsible for foreign affairs, defence, science and innovation, tourism, energy, trade and industry, and sport and culture.
Bilateral trade reached R32.5 billion (about $2 billion) in 2025 although the balance remains heavily in Brazil’s favour.
South Africa’s exports – mainly chemicals, mineral products, machinery, iron and steel, and vehicles – totalled R5.2 billion, while imports from Brazil amounted to R27.3 billion.
Brazilian investment in South Africa spans manufacturing, engineering, agriculture, aviation and services, while major South African companies operate in Brazil’s retail, pharmaceutical, extractive, financial and technology sectors.
Tourism has also grown, with Brazil ranking as South Africa’s ninth‑largest source of international arrivals last year, supported by the expansion of direct flights between São Paulo and South Africa.
The two governments will further exchange views on shared geopolitical priorities as members of BRICS, the G20, the G77+China and the United Nations.
JN/APA