A NEW report which set out to examine the growth and structure of South Africa’s cultural and creative industries trade between 2007 and 2016 has been released by cultural think tank, the South African Cultural Observatory (SACO).
The report highlights the need for a promotion of value-added trade in cultural goods and services, both with BRICS and other trading partners.
“International trade is an important driver of the economies of many African countries, and has the potential to create higher value-added employment. This report provides a clear understanding of the country’s cultural goods trade trends over the past decade,” said Prof Jen Snowball, SACO Chief Research Strategist, co-author of the report with Rhodes University trade expert, Nicolette Cattaneo.
The global data on the sectors is improving and the creative economy is now recognised as one of the most rapidly growing sectors of the world economy. World trade in creative goods and services more than doubled between 2002 and 2011 with an average annual growth rate 8.8%.
Although cultural trade is largely dominated by developed countries – with North America and Europe accounting for 49% of the world’s cultural exports – recent UNESCO reports have found that developing country export share in world trade grew steadily between 2002 and 2011 with an average annual growth of 12.1%.
They also found that world flows of cultural trade doubled between 2003 and 2014, despite the 2008/9 financial crisis which resulted in many countries suffering a recession.
“In South Africa, cultural goods exports accounted for 0.46% of the country’s total commodity exports in 2016, while cultural goods imports accounted for 0.66% of total commodity imports,” Cattaneo and Snowball said.
Despite a significant slowdown in South Africa’s total cultural goods trade in 2015, in line with slower growth in the economy more broadly, there was evidence of a comfortable recovery in 2016, the report notes.
“Cultural goods exports grew faster than cultural goods imports for much of the post-crisis period, reducing the country’s trade imbalance in cultural goods markedly. The Visual Arts and Crafts domain was a significant driver of this trend,” Cattaneo and Snowball said.
“Visual Arts and Craft is a significant traded domain on both the export and import side in South Africa’s trade with its BRICS partners. On the export side, Cultural and Natural Heritage is an important domain, together with Books and Press. With respect to imports, Visual Crafts and Arts, Performance and Celebration, and Books and Press are significant domains”.
Although the report focused on cultural goods trade, it also emphasised that the role and significance of trade in cultural services is likely to increase with online digitisation affecting a number of CCI product categories.
“Since cultural services trade is likely to grow in relative importance under digitisation, better services trade data for the CCI sector is also needed to facilitate growth in this area,” Cattaneo and Snowball added.
The SA Cultural Observatory was established to undertake economic research for and about the cultural and creative industries in SA. We publish the reports on our website and in various media platforms, including this newsletter, with a view to empower industry stakeholders with information that we hope they will find useful, informative and can be relied upon when making decisions about the sector.
READ MOREThe SA Cultural Observatory was established to undertake economic research for and about the cultural and creative industries in SA. We publish our reports in various media platforms, including this newsletter, with a view to empower industry stakeholders with information that we hope they will find useful, informative and can be relied upon when making decisions about the sector.
READ MOREThe French Embassy and French Institute in South Africa (IFAS) have initiated a mapping study of the creative and cultural industries in South Africa, with an initial focus on the museum and fashion sectors.
READ MOREBASA, in partnership with the British Council, recently (24- 26 March) hosted an assembly where they discussed a number of issues that affect the creative industries.
READ MOREOn Thursday, 31 March the South African Cultural Observatory (SACO) released its much- awaited CCI Mapping Study to the media and industry at an event in Newtown, Johannesburg.
The Apartheid Museum has reopened its doors to the public and is encouraging as many people to visit and tour the facility. The museum closed its doors in March 2020 in response to the COVID-19 pandemic.
Nkosinathi Innocent Maphumulo, popularly known as Black Coffee made South Africa proud once more with winning a Grammy Award at the 64th Annual Grammy Awards Ceremony organised by the United States National Academy of Recording Arts & Sciences.
The South African Cultural Observatory was established to undertake economic research for the cultural and creative industries in South Africa. The kind research we conduct provides such information as to the economic size of the sector, number of jobs in the sector or transformation. We publish the reports on our website and in various media platforms, including this newsletter, with a view to empower industry stakeholders with information that we hope they will find useful, informative and can be relied upon when making decisions that affect the sector.
This edition of The Cultural Observer is published during an interesting but complex international environment. While on the positive side the world has seen Covid-19 infections numbers subside, we are witnessing a war that has a devasting impact to the world economy.