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Minister calls for more trade between South Africa and the Netherlands

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Staff writer ▼ | November 20, 2015
Mzwandile Masina
Africa   Trade with Europe

The Deputy Minister of Trade and Industry Mzwandile Masina has encouraged business people from South Africa and the Netherlands to contribute in increasing trade and investment between the two countries.

"The Netherlands has a very long and reputable history as a trading nation and our two countries have continued to grow their trade with each other over the years. Total trade between the two countries amounted to more than R48 billion in 2014, an increase of 26% compared to 2013.

"There is still a room for businesspeople from both countries to work together in order to contribute meaningfully in increasing this trade further," said Masina.

He added that The Netherlands was South Africa's 7th largest export market in 2014. SA's exports to The Netherlands grew by 21% last year to reach nearly R33 billion.

"The Netherlands is one of very few countries in the European Union with which South Africa enjoys a trade surplus. This also highlights the importance of The Netherlands as a major gateway to the European Union with its highly sophisticated and organised logistics systems and networks.

"This is of particular importance for our exports of fresh fruits to the EU as the sector is a key contributor to exports as well as job creation."


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