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

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CLOTHING, TEXTILES, FOOTWEAR AND LEATHER PRODUCTS ACCOUNT FOR ONLY 1.6% OF SOUTH AFRICA’S
MERCHANDISE EXPORTS, BUT ARE KEY TO ACHIEVING SOCIO-ECONOMIC DEVELOPMENT OBJECTIVES
Top textiles export products, 2018
ZAR
million
% of total SA
merchandise
exports
Sanitary towels and tampons, napkins and napkin liners for babies 1 289 0.10%
Wool and animal hair, carded or combed 861 0.07%
Textile tarpaulin, sail, awning, tent, camping goods 595 0.05%
Sacks & bags of a kind used for packing of goods 508 0.04%
Woven synth filament yarn, monofilament >67dtex 411 0.03%
Nonwoven textiles, except felt 386 0.03%
Mattress supports, mattresses, bedding 339 0.03%
Other 3 372 0.27%
Total textiles exports 7 761 0.62%
Top wearing apparel export products, 2018
ZAR
million
% of total SA
merchandise
exports
Mens or boys suits, jackets, trousers, etc., not knitted 832 0.07%
T-shirts, singlets and other vests, knitted or crocheted 603 0.05%
Woven female suits, jacket, dress, etc. 571 0.05%
Female suit, dress, skirt, etc, knitted or crocheted 464 0.04%
Mens, boys suits, jackets, trousers, etc., knitted/crocheted 349 0.03%
Panty hose, tights, hosiery n.e.s., knitted or crocheted 289 0.02%
Men's or boys' shirts 282 0.02%
Other 2 848 0.23%
Total top wearing apparel export products 6 237 0.50%
Source: IDC analysis, compiled using South African Revenue Service data
CLOTHING, TEXTILES, FOOTWEAR AND LEATHER INDUSTRIES:
INVESTMENT OPPORTUNITIES
• Substantial opportunities exist for import replacement and export development on the back of highly
preferential access to foreign markets, particularly the US (duty-free access under AGOA), the European Union
(SADC-EU EPA), and other member states of SADC.
• Not only does the African continent present a market of around 1.3-billion consumers for African textiles and
garments, but these products are also becoming increasingly popular in European and Eastern markets.
Clothing brands from African designers are also making inroads in global markets. Significant opportunities
exist for designers to adapt traditional African textiles for uses in clothing, household textiles and so on.
• Linkages with the automotive value chain have sustained demand for industrial textiles, particularly leather
products for export-oriented leather seat cover manufacturing.