Original Research
Identifying accessible export opportunities for South Africa in South America
Journal of Economic and Financial Sciences | Vol 7, No 1 | a128 |
DOI: https://doi.org/10.4102/jef.v7i1.128
| © 2019 Carli Jacobs, Wilma Viviers, Ermie Steenkamp
| This work is licensed under CC Attribution 4.0
Submitted: 22 December 2017 | Published: 30 April 2014
Submitted: 22 December 2017 | Published: 30 April 2014
About the author(s)
Carli Jacobs, School of Economics, North-West University, South AfricaWilma Viviers, School of Economics, North-West University, South Africa
Ermie Steenkamp, School of Economics, North-West University, South Africa
Full Text:
PDF (513KB)Abstract
Despite the surging demand for imports in South America in recent years, South Africa’s exports to the region have shown relatively low growth. A contributing factor is the prevalence of trade barriers between South Africa and various South American countries. The aim of this study is, firstly, to measure the trade barriers to South Africa’s exports to South America and, secondly, to identify high-potential export opportunities in the form of product-country combinations that can best surmount such barriers. The investigation, which uses a reconstructed Decision Support Model (DSM), reveals that Brazil, Argentina and Chile offer the greatest potential as export markets (in US$ terms) for South Africa, while the most promising product categories are transport-related goods, minerals, vegetables and chemicals. The results of this study should be a useful guide to South Africans planning export initiatives in South America.
Keywords
export opportunities; trade barriers; Decision Support Model; product-country combinations; South America; South Africa; export promotion
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