What is the trade potential between Africa and India? With a growing, young workforce and a combined GDP of over $5 trillion, both regions are expected to be the driving forces of the world’s economy in the near future. Using our latest statistical tool, Trade Insights, we analysed the market’s attractiveness of the regions, the trade environment and product growth, amongst other metrics, to measure the size of export potential between the two markets.
Our findings show an immense potential for intermediate products such as cars, insecticides, medicaments, etc. for India to benefit from, whilst African countries could further exploit their position as breadbasket of the world and exporter of primary commodities, such as pulses. India is the world’s largest importer of pulses, rubber, etc., thereby allowing African countries to integrate into the Indian value chain.
Get in touch with us to discover what other opportunities lie between these two markets!