DESPITE an exhausting global pandemic, more than 136 billion rand of goods were exported from the Western Cape last year.
According to Wesgro’s Western Cape Trade Publication 2021, this represents a 7.4% growth in the value of the province’s exports.
The report details highlights and trends in fiscal year 2020/2021 and shows that the export promotion unit of the promotion agency was able to facilitate 66 trade deals with an estimated value of 4 , 7 billion rand, which is expected to create 357 jobs over the next five years.
Agriculture and agro-processed products dominated the province’s exports, accounting for seven of the top ten exports.
* Citrus fruits overtook petroleum oils as the Western Cape’s most exported commodity, with R18.8 billion exported in 2020.
* And wine came in second for the largest exported product at R9.6 billion, followed by apples, pears and quinces at R9.1 billion.
MEC for Finance and Economic Opportunities David Maynier congratulated Wesgro’s Export Promotion Unit for its innovation in conducting international trade for the province.
“Export growth, in particular through the promotion of trade and the removal of barriers to exports has been a key lever in our strategy to grow the economy and create jobs before Covid, and will continue to be a priority as we seek to rebuild our economy in the West. Cap, ”he said.
Wesgro Acting Managing Director Yaw Peprah said: “Despite all the challenges, the agency has successfully adapted to this ‘new normal’ over the past 15 months, with our export promotion unit. transitioning seamlessly to a virtual trade mission platform to successfully fulfill their mandates.
“While being aware of the continuous changes and uncertainties we are currently facing, we are confident that with the aforementioned achievements and initiatives, Cape Town and the Western Cape will continue to increase their exports to Africa and the rest of the world, helping to grow the Cape Town economy and create the jobs our province needs.