1
Everything Mining Industry Country Focus How to Guide
 
Intelligence on industry and mining
 
 
Back

Local wine and olive oil sectors on show at Propak Cape

 
Despite Africa taking over as the leading destination for exports from the Western Cape, the traditional export markets in Europe - mainly the UK, the Netherlands and Germany - remain important sources of foreign exchange reserves. The UK imported R1.5 billion worth of wine, R1.2 billion of apples and pears, as well as R4.8 billion of citrus from the Western Cape in 2015. The UK accounts for 35% of South Africa’s bulk wine exports to the EU market, 38% of bottled wine exports and 24% of all sparkling wine exports. This is set to increase further due to growth in South Africa’s wine quota to the entire EU.
 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register