The Durban Chemicals Cluster has undertaken research to identify which countries are consuming more or less KZN chemicals in relation to their GDP than others, thereby identifying countries that may be underserviced and offer untapped export potential for DCC members.

“We assumed that there would be a correlation between the value of chemical exports and the size of the economy with a bias towards neighbouring countries given their proximity and relative ease of access.

 

The results are surprising and while the simplicity and potential issues inherent in the two data sets does not allow too much insight to be drawn, a KZN chemical business who is looking to increase revenue from African markets will hopefully find some value from this article.”

Read the full article in the Durban Chemicals Cluster newsletter.