Western Cape Economic Overview

Area

120 000km2

Population

4,4 million (10% of SA)

Annual population increase

1,8%

Cape Town population

3,1 million

Gross Regional Product (GRP)

R150 billion (14,4% of SA)

Per Capita GRP

R35 000 p.a.

PPP adjusted in US$

11 200

GRP Growth

2,8%

(Source: Wesgro)

Top 20 Export Markets, 2003 

Country

R Million

Total WC exports %

Great Britain

4,855.82

18.23

United States

2,678.53

10.05

Netherlands

2,408.62

9.04

Belgium

1,373.77

5.16

Germany

1,250.33

4.69

Spain

1,085.31

4.07

Italy

945.03

3.55

China

905.81

3.40

Japan

871.75

3.27

France

749.33

2.81

Taiwan

548.34

2.06

Angola

533.09

2.00

Canada

520.50

1.95

Hong Kong

514.54

1.93

Australia

484.86

1.82

Saudi Arabia

370.70

1.39

United Arab Emirates

368.60

1.38

Mauritius

350.79

1.32

Zimbabwe

304.26

1.14

Mozambique

269.96

1.01

Cumulative Total

21389.9

80.3

(Source: Wesgro)

Top 20 export products, 2003

Product Description

Value R Million

Total exports (%)

Fruit & nuts

5,168

19.40

Wine, beer & spirits

3,333

12.51

Fish, crustaceans & molluscs

2,312

8.68

Iron & steel

1,778

6.67

Processed fruit, vegetables, nuts

1,685

6.33

Machinery, boilers & appliances

1,090

4.09

Precious & semi-precious stones, jewellery

944

3.54

Ores, slag, ash

858

3.22

Man-made filaments

614

2.30

Plastic products

576

2.16

Electrical & telecom. Machinery & equipment

564

2.12

Railway equipment & stock

559

2.10

Wood & wood products

430

1.61

Apparel & clothing accessories (knitted or crocheted)

386

1.45

Apparel & clothing accessories (not knitted or crocheted)

382

1.43

Raw hides, skins & leather

371

1.39

Furniture, lamps, lighting, soft furnishings

357

1.34

Vehicles, parts & accessories

347

1.30

Ships & boats

269

1.01

Other chemical products

262

0.98

Cumulative Total

22285

83.66

Grand Total

26639

100

(Source: Wesgro)

Gross Geographical Product, 2004

 

SA

Rest of SA

Western
Cape

City of Cape
Town

West Coast

Boland

Overberg

Eden

Central
Karoo

Gross Geographical Product by Industry @ Basic
Values (Rm at current prices)

1,230,409

1,051,937

178,937

136,781

7,736

17,982

4,185

10,956

832

Agriculture, forestry and fishing

41,323

32,587

8,736

1,758

1,778

2,936

993

1,057

215

Mining and quarrying

87,058

86,626

432

241

90

33

3

64

1

Manufacturing

246,467

210,142

36,325

27,684

1,847

4,325

451

1,939

79

Electricity, gas and water

28,239

25,288

2,951

2,383

105

86

47

318

11

Construction

29,190

23,433

5,757

4,184

218

412

246

673

25

Wholesale & retail trade; hotels & restaurants

172,667

144,220

28,447

22,549

977

2,329

742

1,750

100

Transport, storage and communication

120,095

101,575

18,520

15,717

571

1,019

288

822

103

Finance, real estate and business services

247,514

197,672

49,842

41,896

1,020

3,622

744

2,402

157

Personal services

76,880

67,345

9,535

7,344

391

919

202

641

38

General government services

180,976

163,049

17,927

13,026

740

2,302

468