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• India-Africa Bilateral Trade - $35 Billion (2008) with CAGR at 30% annually (CII)
• By 2010-11, Bilateral Trade expected to Touch USD 70 Billion (EXIM Bank of India)
• By 2013 trade is expected to grow over $150 billion (ASSOCHAM)
India Africa Trade (EXIM Bank)
80000
70000
(U S $ m n )
60000
50000
40000
30000
20000
10000
0
2000-01 2001-02 2002-03 2003-04 2004-05 2006-07 2007-08 2010-11
Exports (US$ mn) 2360 2897 3140 3869 5382 10300 14000
Imports (US$ mn) 2063 2616 3447 3208 3758 11400 21000
Total Trade (US$ mn) 4424 5513 6586 7078 9140 21700 35000 70000
Year
Exports (US$ mn) Imports (US$ mn) Total Trade (US$ mn)
Direction of India’s Exports (Value - 2009)
27%
Southern Africa
41%
West Africa
Central Africa
East Africa
3% 29%
2%
1%
6%
7%
5%
UGA NDA
MA LA WI
CHA D
57% RWA NDA
25%
Others
17% NIGERIA
GHANA
5% 42% BENIN
5% CONGO P REP
TOGO
7%
SENEGAL
7%
Others
17%
11%
12%
14%
63%
6% 5%
KENYA
5% 30% MAURITIUS
8% TANZANIA REP
DJIBOUTI
ETHIOPIA
24% MADAGASCAR
22% Others
Exports (% share)
Major items of exports :
•Cotton Yarn, Fabrics made ups
Others Petroleum
•Drugs, Pharmaceuticals Manmade yarn 24.5% prdts .
•Fine chemicals & fabrics 13.0%
3.8%
•Manufactures of Metals
•Machinery and Instruments Mfg s . of metals
•Man Made Yarn, Fabrics Made ups 9.6%
Plas tic &
linoleum pdts .
•Transport equipment 4.5% P ha rma c e utic a ls
•Primary, Semi finished Iron & steel 8 .4 %
78%
Imports (% share)
Major Items of imports
•Gold
•Cashew Nuts
•Inorganic Chemicals
Othe rs
•Wood & Wood Products Raw Cotton
20%
Gold
•Iron & Steel 42.3%
•Raw Cotton Wood &
wood p dts
•Coal, coke & Briquettes 4%
•Fertilizer crude
•Electronic goods
•Pearls precious semiprecious stones.
Projection of Laden container Trade – India Africa (2015-16)