Market Brief on South Africa (SA) · 2016. 6. 15. · Market Brief on South Africa (SA) March 2016...

6
Market Brief on South Africa (SA) March 2016 Location Facts and Figures South Africa is located on the tip of the continent of Africa. It is bordered by Botswana, Lesotho, Mozambique, Namibia, Swaziland and Zimbabwe. Total Population (2015) 53 675 563million Area 1 219 090 sq. km Time Zone +2 hrs GMT Capital City Pretoria International Telephone Code +27 Currency South African Rand Exchange Rate 1US$ : 15.75 Rands (01 March 2016) GDP (2015 est.) US$317. 3 Billion GDP per capita (2015 est.) US$6 354 GDP Growth Rate (2015 est.) 1.5 % Ease of Doing Business (World Bank 2016) 73 /189 Inflation Rate 4.8 % ( 2015) Official Language(s) Zulu, Xhosa, Afrikaans, English, Sepedi, Setswana, Sesotho, Xitsonga, Swati, Tshivenda, Ndevele. Business Hours 0830/0900hrs-1700 hrs 0900hrs-1500hrs (Sat) Banking Hours 0830 hrs-1600 hrs (weekdays) 0900hrs-1100hrs (Sat) Literacy Rate 94% Measures Metric System Important International Participation UN, AU, SADC, SACU, WTO Cities and Population City Population Johannesburg 4.4345 million Cape Town 3.740 million Durban 3.442 million Pretoria 3.178 million Port Elizabeth 1.152 million Vereeniging 0.747 million Pietermaritzburg 0.618 million East London 0.755 million Bloemfontein 0.747 million Polokwane 0.629 million

Transcript of Market Brief on South Africa (SA) · 2016. 6. 15. · Market Brief on South Africa (SA) March 2016...

Page 1: Market Brief on South Africa (SA) · 2016. 6. 15. · Market Brief on South Africa (SA) March 2016 Location Facts and Figures est. South Africa is located on the tip of the continent

Market Brief on

South Africa (SA)

March 2016

Location Facts and Figures

South Africa is located on the tip of the continent of Africa. It is bordered by Botswana, Lesotho, Mozambique, Namibia, Swaziland and Zimbabwe.

Total Population (2015) 53 675 563million

Area 1 219 090 sq. km

Time Zone +2 hrs GMT

Capital City Pretoria

International Telephone Code

+27

Currency South African Rand

Exchange Rate 1US$ : 15.75 Rands (01 March 2016)

GDP (2015 est.) US$317. 3 Billion

GDP per capita (2015 est.)

US$6 354

GDP Growth Rate (2015 est.)

1.5 %

Ease of Doing Business (World Bank 2016)

73 /189

Inflation Rate 4.8 % ( 2015)

Official Language(s) Zulu, Xhosa, Afrikaans, English, Sepedi, Setswana, Sesotho, Xitsonga, Swati, Tshivenda, Ndevele.

Business Hours 0830/0900hrs-1700 hrs 0900hrs-1500hrs (Sat)

Banking Hours 0830 hrs-1600 hrs (weekdays) 0900hrs-1100hrs (Sat)

Literacy Rate 94%

Measures Metric System

Important International Participation

UN, AU, SADC, SACU, WTO

Cities and Population

City Population

Johannesburg 4.4345 million

Cape Town 3.740 million

Durban 3.442 million

Pretoria 3.178 million

Port Elizabeth 1.152 million

Vereeniging 0.747 million

Pietermaritzburg 0.618 million

East London 0.755 million

Bloemfontein 0.747 million

Polokwane 0.629 million

Page 2: Market Brief on South Africa (SA) · 2016. 6. 15. · Market Brief on South Africa (SA) March 2016 Location Facts and Figures est. South Africa is located on the tip of the continent

South Africa Trade with the World

Major import sources of SA (2014) Major export destinations of SA (2014)

0

20

40

60

80

100

120

2011 2012 2013 2014 2015

US$

Bill

ion

Years

Exports Imports

15%

10%

7%

7%

5%5%

4%

3%

3%

2%

39%

China Germany

Saudi Arabia United States of America

Nigeria India

Japan United Kingdom

Italy Thailand

Other

10%

7%

6%

5%

5%

5%

5%4%4%3%

46%

China United States of America

Area Nes Germany

Namibia Botswana

Japan United Kingdom

India Mozambique

Other

Source: Trademap

Source: Trademap Source: Trademap

Page 3: Market Brief on South Africa (SA) · 2016. 6. 15. · Market Brief on South Africa (SA) March 2016 Location Facts and Figures est. South Africa is located on the tip of the continent

Major import products of SA (2014) Major export products of SA (2014)

South Africa Trade with Zimbabwe

23%

13%

10%8%

7%

2%

2%

2%

2%

2%

29%

Mineral fuels, oils, distillation products, etc

Machinery, nuclear reactors, boilers, etc

Electrical, electronic equipment

Vehicles other than railway, tramway

Commodities not elsewhere specified

Plastics and articles thereof

Optical, photo, technical, medical, etc apparatus

Pharmaceutical products

Miscellaneous chemical products

Organic chemicals

Other

15%

13%

10%

10%8%

7%

3%

3%

2%

2%

27%

Pearls, precious stones, metals, coins, etc

Ores, slag and ash

Mineral fuels, oils, distillation products, etc

Vehicles other than railway, tramway

Iron and steel

Machinery

Edible fruit, nuts, peel of citrus fruit, melons

Electrical, electronic equipment

Aluminium and articles thereof

Plastics and articles thereof

Other

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

1 2 3

US$

'00

0

Years

Imports Exports Trade Balance: Surplus(Deficit)

2012 2013 2014

Source: Trademap Source: Trademap

Source: Trademap

Page 4: Market Brief on South Africa (SA) · 2016. 6. 15. · Market Brief on South Africa (SA) March 2016 Location Facts and Figures est. South Africa is located on the tip of the continent

Zimbabwe’s major exports to South Africa (2014)

Products Zimbabwe Major exports to South

Africa in 2014 (US$’000)

Annual growth in value between

2010-2014, %, p.a.

South Africa Imports from the World in 2014

(US$’000)

All products 185,111 -3 99,892,738

Tobacco and manufactured tobacco substitutes

46,388 -2 195,118

cotton (not combed or carded, yarn, fabrics)

21,040 -12 189,793

Precious metal ores, slag and ash 13,233 18 161,686

Mineral substances 9,520 25 279,376

Iron and steel 9,150 -5 1,249,374

Oil cakes 8,584 4 502,378

Wood and articles of wood, wood charcoal

8,134 1 396,803

Tea 7,249 4 209,619

Coke and Semi coke of coal. 7,082 5 23,256,835

Raw hides and skins (other than furskins) and leather

5,865 54 113,869

Source: Trademap

Zimbabwe products with export potential to SA Zimbabwe's imports from SA

Tobacco and manufactured tobacco substitutes

Meat and edible meat offals

Textile articles

Furniture

Footwear, gaiters etc.

Iron and steel and articles thereof

Dairy products, eggs and honey

Vegetable, fruit, nuts

Aluminium and articles thereof

Head gear and parts of

Works of art, collectors pieces and antiques

Beverages, Spirits and vinegar

Articles of apparel accessories knit or crochet

12%

8%

6%

6%

5%

5%

4%

4%4%

4%

42%

Machinery, boilers, etc

Vehicles other than railway, tramway

Fertilizers

Plastics and articles thereof

Cereals

Pharmaceutical products

Electrical, electronic equipment

Mineral fuels, oils, distillation products, etc

Iron and steel

Paper and paperboard, articles of pulp, paper and board

Other

Page 5: Market Brief on South Africa (SA) · 2016. 6. 15. · Market Brief on South Africa (SA) March 2016 Location Facts and Figures est. South Africa is located on the tip of the continent

Useful Addresses Preferential Trade Arrangements

Embassy of the Republic of Zimbabwe in SA 798 Merton Avenue Arcadia Pretoria Tel: +27 12 3425125 Fax: +27 12 3425126 E-mail: [email protected]

Consulate of the Republic of Zimbabwe in SA Johannesburg 13 A Boeing Street West Bedfordview Johannesburg South Africa Johannesburg Tel: +27 11 6165534/0373400 Fax: +27 11 6151016 E-Mail: [email protected] Website: www.zimbabwe.consulate.co.za

Cape Town 53-55 Kypur Street 7925 Zonnebloem Cape Town E-Mail: [email protected] Website: www.zimbabwe.consulate.co.za

Embassy of South Africa in Zimbabwe 7 Elcombe Avenue Belgravia P.O. Box AV 654 Avondale Harare Tel: +263 4 753147/251843 Fax: +263 4 749657 E-mail: [email protected] Johannesburg Chamber of Commerce and Industry 6th Floor JCC House 27 Owl Street (Corner Empire Road) Milpark Tel: +27 11 7265300 Fax: +27 11 482 2000 E-mail: [email protected]

SADC Trade Protocol

Zimbabwe and South Africa are both members of the SADC Protocol. The Protocol is an agreement between SADC Member States to reduce customs duties and other barriers to trade on products from each other. By January 1, 2008, most customs duties (on 85% of tariff lines) had been eliminated for goods originating from SADC Member States.

Zimbabwe – South Africa Bilateral Trade Agreement

Zimbabwe and South Africa signed a bilateral trade Agreement, most recent version being in 1996 August, where qualifying products get reciprocated preferential duty free regime or preferential tariff quota.

For more information on trading under SADC Trade Protocol or Zimbabwe South Africa Bilateral Trade Agreement, refer to ZimTrade’s “Guide to Zimbabwe’s Trade Agreements”.

SAITEX- Johannesburg 19-21 June 2016 Tel: +27 11 2663000 Fax: +27 11 2663205 E-mail: [email protected] Website: www.gallagher.co.zw

Source Africa, Cape Town 7 – 9 June 2016 Tel: +27 21 790 5849 Fax: +27 21 790 0037 E-mail: [email protected] Website: http://www.sourceafrica.co.za

Africa’s Big Seven, Johannesburg 19- 21June 2016 Tel: +27 11 7837250 Fax: +27 11 7837269 E-mail: [email protected] Website: www.exhibition.com

For more information on trade fairs in South Africa refer to www.eventseye.com; wwwtradefairdates.com; www.expodatabase.com.

Trade Fairs

Trad

Page 6: Market Brief on South Africa (SA) · 2016. 6. 15. · Market Brief on South Africa (SA) March 2016 Location Facts and Figures est. South Africa is located on the tip of the continent