Market Report - South Africa

SOUTH AFRICA

-28.4792625

24.6727135

Background of South Africa

South Africa is considered as one of the rapid growing markets in the present world. It is also a member of the BRICS group. It is a known fact that our exports are very much dependant on European and USA markets. Major export products to South Africa from Sri Lanka include Coconut, Solid / Cushioned Tyres, Natural Rubber, Black Tea, and Cinnamon etc.

Population51,770,560 (2011)

GDP per Capita (PPP)US$ 11,440 (2012)

Total Exports$101.2 billion (2012 est.)

Total Import$106.8 billion

CurrencyRand (ZAR)