Trends in the trade sector | State of Gauteng City Region

The GCR has maintained its position as the country’s growth engine. Its contribution to the national economy is significant and is likely to remain so.

The wider Gauteng City-Region has an
economy that contributes 45% to South Africa's GDP.

Export value by province: 2002 – 2012

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Given its prominent position in the national economy, the economy of the GCR is highly sensitive and vulnerable to global economic shocks such as the recent global recession as well as the on-going Eurozone crisis.

For Gauteng the shift away from Europe and towards Asian markets began as early as 2007. This shift reflects not only changes in export demand, it also has a fundamental impact on the structure and capacity of industry, as well on the quality of output in line with the demands of the new markets. While this situation may present opportunities for job creation, there is also a danger of job losses in sectors where production is declining.

The wider Gauteng City-Region has an economy that contributes 45% to South Africa's GDP.

Export value by province: 2002 – 2012

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Western Cape

The wider Gauteng City-Region has an
economy that contributes 45% to South Africa's GDP.