Opportunities For Export And Import In South Africa
South Africa was originally founded in 1652 by Dutch traders
. They settled in Cape Town. Diamonds were discovered in 1867. Gold was discovered in 1886. From that point on South Africa has been known for the rich minerals and precious metals that can be mined. This is one of their biggest export industries. If you are interested in doing import or export business with South Africa you will find that precious metals, agriculture, electricity, and oil are the biggest opportunities for you.Gold, Diamonds, and Platinum are the three biggest precious metals that are exported from this country. Emeralds are also mined but it is not exported on as large a scale as the top three precious metals. Most of the jewelry that is purchased for an engagement ring gets its precious metals from South Africa. Yellow gold is the most popular metal for wedding rings. Platinum is more expensive than gold and not used as often in jewelry for the mere fact that it is much more rare.
Many agricultural items are exported from South Africa. Corn, wheat, sugarcane, fruits, vegetables, beef, poultry, mutton, wool and dairy products are the top export items. Although it might seem that Africa is a dry place with no water in sight, it in fact is abundant with food to sell to other countries in need.
Electricity is also exported by South Africa. As more electricity is used than consumed it is a top commodity that other countries purchase. If you realize that it one of the major methods of energy after natural gas, you will see the true value of this. Over 49 million people in South Africa have a need for this but not everyone uses it.
A major item that is exported to other countries is oil and natural gas. This goes along the same line as electricity. Any country that can meet their energy needs and yet still able to export that product after all its inhabitant's needs are met is a wonder. This is how it can be a net exporter instead of an importer for most of its goods. As the price of oil will only increase as less of it is discovered by other countries it will continue to be a top commodity.
There was a certain time in South Africa's history when apartheid was an in effect. Because of the very nature of its existence it caused many problems as other countries didn't want to do business. It had to go through a major struggle to get to the current state. Now that it is no longer in effect many countries that had bans from doing business were lifted. Now is a great time to do business with South Africa. The country has had many ideological changes and is open to change to improve the livelihood of its citizens. This country has come a long way from its original Dutch and British historical beginnings to become one that is fair to all people regardless of their race.
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