Trade Facts & Figures

340M+

Population

Combined market across 16 member states

$720B+

GDP

Combined economic output

9.8M km²

Land Area

Total land area of the whole SADC region

Why Trade in SADC

Market Access
Larger Market Access
SADC provides access to a combined market of over 340 million people across 16 member states. This larger market creates significant opportunities for businesses to expand their customer base and increase sales.
Trade Barriers
Reduced Trade Barriers
The SADC Free Trade Area (FTA) has eliminated most tariffs on goods traded between member states. This reduces costs for businesses and makes it easier to trade goods across borders.
Investment
Increased Investment Opportunities
The FTA fosters a more attractive environment for foreign direct investment and joint ventures. This can lead to increased capital flows and business expansion in the region.
Competitiveness
Improved Competitiveness
SADC countries have shown improvement in labour productivity and competitiveness. This creates a more efficient and productive business environment.
Value Chains
Regional Value Chains
The SADC FTA encourages the creation of regional value chains. This allows businesses to source inputs and collaborate with partners across the region, enhancing efficiency and competitiveness.
Services
Trade in Services
The SADC Protocol on Trade in Services promotes the liberalization of trade in services, including communication, construction, energy, financial, tourism, and transport services.

SADC Trade News

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