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433369666-The-Case-for-Investing-in-South-Africa

South Africa's investment proposal

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50 |<br />

EXPORT-ORIENTED SECTORAL OPPORTUNITIES<br />

<strong>South</strong> <strong>Africa</strong>’s access to global markets is enhanced by its trade agreements (e.g. SADC Free Trade Area, EU-SADC<br />

Economic Partnership Agreement, preferential access to the US market under the <strong>Africa</strong>n Growth and Opportunity<br />

Act (AGOA)). <strong>The</strong> <strong>Africa</strong>n Cont<strong>in</strong>ental Free Trade Area will lay the basis <strong>for</strong> a substantial <strong>in</strong>crease <strong>in</strong> <strong>in</strong>tra-<strong>Africa</strong>n trade<br />

and fundamentally alter <strong>South</strong> <strong>Africa</strong>’s export sector <strong>in</strong> the years ahead.<br />

LEADING MARKETS FOR SOUTH AFRICAN EXPORTS, 2018<br />

(ZAR 1 246.2-BILLION)<br />

Rest of the world<br />

24.8%<br />

<strong>Africa</strong><br />

26.5%<br />

India<br />

4.7%<br />

Japan<br />

4.8%<br />

USA<br />

6.7%<br />

EU<br />

23.5%<br />

Ch<strong>in</strong>a<br />

9.1%<br />

Source: IDC, compiled us<strong>in</strong>g <strong>South</strong> <strong>Africa</strong>n Revenue Service data<br />

100<br />

90<br />

80<br />

COMPOSITION OF SOUTH AFRICA’S EXPORT BASKET IN 2018<br />

COMPOSITION OF SOUTH AFRICA'S EXPORT BASKET IN 2018<br />

Motor vehicles, vehicles, parts & accessories parts &<br />

accessories<br />

Plat<strong>in</strong>um group metals<br />

Plat<strong>in</strong>um group metals<br />

Chemicals & chemical<br />

Chemicals<br />

products<br />

& chemical products<br />

Percent<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

Chrome m<strong>in</strong><strong>in</strong>g<br />

Cloth<strong>in</strong>g, textiles, leather &<br />

Chrome m<strong>in</strong><strong>in</strong>g<br />

footwear<br />

10 Rubber<br />

Cloth<strong>in</strong>g, textiles,<br />

& plastic<br />

leather, footwear<br />

products<br />

Rubber & plastic products<br />

Transport equipment (e.g.<br />

Transport equipment (e.g. ships, aircraft)<br />

Manufactur<strong>in</strong>g<br />

ships, aircraft)<br />

(nes)<br />

Manufactur<strong>in</strong>g (nes)<br />

0<br />

Source: IDC, compiled us<strong>in</strong>g <strong>South</strong> <strong>Africa</strong>n Revenue Services data<br />

Source: (charts) IDC analysis, compiled us<strong>in</strong>g <strong>South</strong> <strong>Africa</strong>n Revenue Service data<br />

2018<br />

Basic iron & steel<br />

Basic iron & steel<br />

Coal m<strong>in</strong><strong>in</strong>g<br />

Coal m<strong>in</strong><strong>in</strong>g<br />

Gold m<strong>in</strong><strong>in</strong>g<br />

Gold m<strong>in</strong><strong>in</strong>g<br />

Agriculture, <strong>for</strong>estry &<br />

Agriculture, <strong>for</strong>estry fish<strong>in</strong>g & fish<strong>in</strong>g<br />

Food & beverages<br />

Food & beverages<br />

Other m<strong>in</strong><strong>in</strong>g (e.g. copper,<br />

Other<br />

titanium)<br />

m<strong>in</strong><strong>in</strong>g (e.g. copper, titanium)<br />

Iron ore m<strong>in</strong><strong>in</strong>g<br />

Iron ore m<strong>in</strong><strong>in</strong>g<br />

Mach<strong>in</strong>ery & equipment<br />

Manganese Mach<strong>in</strong>ery & equipment m<strong>in</strong><strong>in</strong>g<br />

Basic Manganese non-ferrous m<strong>in</strong><strong>in</strong>g metals<br />

Basic non-ferrous metals<br />

Petroleum products (ref<strong>in</strong>ed)<br />

Petroleum products (ref<strong>in</strong>ed)<br />

Wood & paper products<br />

Wood & paper products<br />

Fabricated metal products, excl.mach<strong>in</strong>ery<br />

TV,<br />

Fabricated<br />

radio<br />

metal<br />

& professional<br />

products, excl. mach<strong>in</strong>ery<br />

equipment<br />

Electrical TV, radio & professional mach<strong>in</strong>ery eqiupment<br />

Electrical mach<strong>in</strong>ery<br />

Non-mettallic m<strong>in</strong>eral m<strong>in</strong>eral products products<br />

Exports (nes) (nes)<br />

Note: nes = not elsewhere specified

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