Agriculture
The SA Business Bank associated with SA's top-selling and most-exported cultivar
Agriculture and wine tourism are two key drivers of the Western Cape's economic growth and development post the Covid pandemic. In 2021, agriculture was estimated to have contributed around 2.4% to national Gross Domestic Product (GDP), while tourism's contribution averaged just under 4%. More than half of the Western Cape's exports are agriculture related. The wine industry contributes more than R55 billion to the country's GDP. This industry is labour intensive and provides employment for 269 096 employees across the entire value chain.
15 November 2023
