What do India export to Africa?

India’s exports to Africa are dominated by refined petroleum and pharmaceutical products; over the last five years, these two products have accounted for about 40 percent of total exports into African markets.

What was traded from India to Africa?

Africa’s main exports to India are crude oil, gold, coal and other minerals whereas India primarily exports refined petroleum and pharmaceuticals. These two products make up 40\% of total exports to African markets, according to a 2018 analysis of African and Indian trade by the two countries export banks.

What does Africa import from India?

What do we export to Africa?

One of the main exports to Africa is textiles and different clothing. Clothes will always be a must and a basic necessity which is why they are a great opportunity for those wanting to export to Africa.

What are the 5 major exports of South Africa?

Chief exports include corn, diamonds, fruits, gold, metals and minerals, sugar, and wool. Machinery and transportation equipment make up more than one-third of the value of the country’s imports.

How India is helping Africa?

In 2006, India launched its flagship aid initiative in Africa by constructing the $125 million Pan-African e-Network, the continent’s largest tele-education and telemedicine initiative. The network links 47 African countries with schools and hospitals in India through satellite and fiber-optic links.

What is the best product to export from India?

List of profitable products to export from India

• Precious Stones, Gems and Jewelry. Since ancient times, the land of India has been known for its precious stones and jewelry.
• Petroleum Products.
• Cereals.
• Pharmaceutical Products.
• Homeopathy Medicines.
• Meat Products.
• Traditional Handicrafts.
• Dairy Products.

What are the most profitable exports in Africa?

Textiles and clothing is also an important industry. In Morocco, Tunisia and Lesotho, clothing, shoes and textiles are the biggest exports. Equally, cotton is vital to the economies of Mali, Togo and Benin. In the south and central regions, precious metals and minerals are the biggest exports.

What are Africa major imports and exports?

SSA’s top exports are mainly tropical commodities such as cocoa, coffee, tea, and cotton, while its main food imports are wheat, rice, soybeans, other oilseeds, and frozen meat products. Four countries account for SSA’s agricultural trade deficit.

What is India’s main export to Africa?

India’s main export commodity to Africa is mineral fuel & oil. According to India export statistics, the country supplied mineral fuel & oil worth US$ 4489 million to African countries in 2018. Vehicles, pharmaceutical products, machinery and cereals are other export products of India to Africa.

What are the main goods imported in India?

The main goods imported in India are not from the consumer’s industry such as foods or different products, but they are materials that tend to be much needed on the local Indian market. In 2016-2017, India imported a large amount of petroleum from Africa, which represented 52 \% of all imports.

What are the best goods to import in Africa?

Plastic raw materials are also a great category of goods to import in Africa because they are highly functional and tend to come at a fairly low price as well. The demand for plastic increased along with the urbanization process that took place in the past decades in Africa.

How big is the trade between India and Africa?

India-Africa trade has touched US$ 62.66 billion for 2017-18. India’s exports to Africa amounted to US$ 26 billion in 2018, which saw a drastic decline from the last five years.