TRENDS
FROM STATISTICS |
(In Million
Rand) |
| YEAR |
EXPORT TO UAE |
IMPORT TO UAE |
| 2003 (Jan – March) |
692 |
61 |
| 2002 |
1763 |
710 |
| 2001 |
1331 |
857 |
| 2000 |
1111 |
903 |
| 1999 |
878 |
602 |
|
The bilateral relations between SA and the UAE have grown
phenomenally in the past seven years since the resumption
of diplomatic relations between our two countries. The need
to nurture economic relations has been a central feature and
thrust of our relations, derived from a shared conviction
and determination to eradicate poverty and contribute to a
just, equitable and peaceful world for all.
UAE imports into SA increased from R1million in 1990, to
R900million in 2000, which constitutes a 100% annual average
increase in nominal terms over the ten year period, compared
to a 17% annual average increase in total imports into SA
over the same ten year period. The share of UAE's imports
into SA has increased from 0% in 1990 to 0.5% in 2000.
Exports from SA into the UAE increased from R56million in
1991, to R1,1billion in 2000, which constitutes an annual
average incraese of 35% over the period compared to SA's annual
average increase of 16% for total exports. SA's share of total
UAE imports has risen from 0.1% to 0.5% in 2000.
SA's total trade with the world has been increasing at an
annual average of 17% and the country's trade with the UAE
has been increasing at an annual average of 47% (total trade
being defined as the sum of exports and imports.)
Exports from SA have increased by 33% between 2001 and 2002.
The largest trade figures for the year 2003 (for the month
of March) stand at a staggering R362million, this is an increase
of an astonishing 226% from the March 2002 figures. Top exported
products for 2002 were: household effects; transmission apparatus;
foodstuff (includes fresh produce and processed foodstuff);
chemicals (Ketones and Quinones); aluminium plates, sheet
and strip; flat-rolled products of stainless steel; radar
apparatus; other engines and motors; cigars, cheroots and
cigarillos; chocolates.
Negotiations between SA and UAE counterparts are on-going
with regard to institutionalising sectoral agreements in the
field of reciprocal promotion and protection of investments,
promotion of trade, avoidance of double taxation and police
co-operation. The South African Mission remains hopeful that
an almost decade of cordial diplomatic relations between the
UAE and SA has ample room to develop to its true potential,
which would further benefit both countries economically. Under
the excellent leadership and vision of HH Sheikh Zayed, the
UAE will for decades to come, remain a very important partner
to South Africa and its people.
(Rand '000)
* Figures for 2003 are until February. |
| Country |
1999 |
2000 |
2001 |
2002 |
2003* |
| UAE |
878 420 |
1 693 822 |
1 329 875 |
1 763 628 |
330 178 |
| SAUDI |
931 071 |
1 021 657 |
1 039 951 |
1 368 773 |
179 683 |
| KUWAIT |
136 253 |
127 501 |
127 633 |
107 936 |
25 707 |
| BAHRAIN |
33 540 |
37 177 |
55 331 |
100 829 |
9 427 |
| OMAN |
13 786 |
54 787 |
50 628 |
192 801 |
15 698 |
| QATAR |
29 213 |
31 632 |
70 066 |
52 745 |
7 064 |
|