1 minute read

EXPORT-LED GROWTH 2022 OUTLOOK

Next Article
ELSENBURG JOURNAL

ELSENBURG JOURNAL

IIn 2020, the Western Cape Province exported R78.68 billion worth of combined agricultural and agri-processing products.

The 24% increase (2019: R63.23 billion vs 2020: R78.68 billion) confirms the critical role agriculture is playing in the economic recovery of the Western Cape.

The Western Cape agricultural sector is export-orientated and contributes 44% to national agricultural exports.

Eight of the ten biggest export products from the Western Cape have an agricultural foundation.

66%

66% of the value of Western Cape agricultural production gets exported.

50%

More than 50% of South Africa’s agricultural exports originate in the Western Cape.

22 951 jobs

For every 5% increase/ decrease in agricultural exports, 22 951 jobs are created/destroyed. Two-thirds are off-farm.

On average, the province contributes over 20% to national agricultural employment.

In 2020 primary agriculture accounted for 10% of the province’s employment and agri-processing 4%, which combined accounted for 14% of the employment.

Since 2010, employment in agri-processing has increased by an average of 1.1%. In the first quarter of 2020, 138 643 direct agri-processing jobs were in the Western Cape.

In 2020 the province’s primary agricultural exports accounted for 53% of national exports:

70%

Beverages

44%

Processed meat, fish, and fruit products

31%

Leather and related products

22%

Milk

Increased investment in agriprocessing activities can create more job opportunities and grow the economy. For this reason, the WCDoA’s Agricultural Economic Services Programme continues to provide support to agri-businesses.

This article is from: