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Wine and Olive Oil Production Expo heads for Cape Town in 2017

South Africa is the eighth largest producer of wine in the world with export volumes having doubled in the past ten years. According to a study commissioned by the SA Wine Industry Information & Systems (SAWIS), published in January 2015, of the R36.1 billion gross domestic product (GDP) contributed by the wine industry to the regional economy, about R19.3 billion eventually would remain in the Western Cape to the benefit of its residents. Growth in contribution to GDP has been in excess of 10% per annum since 2003. Exports to Europe and the USA remain strong whilst export sales into Africa are also growing.

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