South America remains a relatively small export market for the Western Cape, although there was some export growth to Brazil, Mexico and Argentina last year.According to a spokesman for Wesgro, Brazil ranked 51 in the top 100 export markets for the Western Cape, with a total export value in 2021 of R522 958 627. This represented growth of 61.29% compared to 2020. Mexico is currently ranked 62, with a total export value in 2021 of R309 420 176 (60.31% year-on-year growth), and Argentina is at 86. The total export value in 2021 was R82 911 577, representing growth of 46.98% over the previous year.Trade with Peru, which is ranked at 91, grew 12.8% during the period under review.This brings the total export value to R70 840 920.“Exporters face similar challenges to those which relate to exporting to many other regions in the world, including North America, but when it comes to South America there is the added complexity of country-specific import regulations, tariffs, and a lack of connectivity to the South American region.”FN4759SDProduct2021 – ZARYoY growth % (2020-2021)Flat-rolled products of iron or non-alloy steel, of a width of 600mm or more, clad, plated or coated2 466 748 516148.5%Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal2 237 595 15736.8%Citrus fruit, fresh or dried1 806 453 13323.6%Yachts and other vessels for pleasure or sports; rowing boats and canoes1 013 614 25664.9%Petroleum oils and oils obtained from bituminous minerals, crude992 750 454N/AParts suitable for use solely or principally with the engines of heading 84.07 or 84.08988 642 76451.5%Wine of fresh grapes, including fortified wines; grape must other than that of heading 20.09926 263 91541.7%Top-ranking products exported to the US in 2021 and their value
