Leading sectors:
Agriculture
The country enjoys a globally competitive sector which has led to the creation of an elaborate value chain ranging from agricultural inputs, equipment, packaging and specialized logistics.
A key characteristic of the sector is its strong upstream and downstream linkages. Upstream, the sector links to primary agriculture across a variety of farming models and products. Among the major crops are sugarcane, maize, potato, grape, wheat, orange and soy. Downstream, agribusiness outputs are both intermediate products to which further value is added and final goods that are marketed through wholesale and retail chains.
Mining and Quarrying
Mining and mineral beneficiation plays a pivotal part in South Africa’s economy. The country’s mineral reserves are among the most valuable in the world. South Africa has the world’s largest reserves of platinum group metals and manganese, and some of the largest gold, diamonds, iron ore, coal, chromite ore and vanadium deposits.
Chemicals
The country is home to Africa’s most advanced and largest chemicals sector. The field is diversified and highly mature, spanning fuel and plastics fabrication to pharmaceuticals and supplies a wide range of industries. An abundance of minerals gives South Africa’s basic chemicals industry a competitive advantage. The industry produces about 600 types of chemicals. Today, South Africa is highly regarded as being the world leader in coal-based synthesis and gas to liquid technology.
Automotive
South Africa produce is ranked the 24th-biggest vehicle manufacturer in the world and accounting for more than two-thirds of Africa’s total. The level of vertical integration in South Africa’s automotive industry, with a strong component sector supplying original equipment manufacturers (OEMs) is a key advantage.
Oil & Gas
South Africa’s focus in the Oil and Gas and Infrastructure sectors are on downstream and services for oil and gas projects.
South Africa’s value proposition relates to a well-developed downstream industry, sufficient demand exists for development of refineries and storage and distribution of LPG and LNG, investment opportunities exist for building of LNG and LPG pipeline infrastructure.
Tourism
South Africa offers tourists a wide variety of options, among others the picturesque natural landscapes and game reserves, diverse cultural heritage and highly regarded wines. Some of the most popular destinations include several national parks, coastlines and beaches, and the major cities like Cape Town, Johannesburg and Durban.
Moreover, ecotourism is increasing in popularity, as is village tourism, in which visitors can learn about traditional rural culture.
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