Trading Import & Export

Trading or distribution of goods all over the world is what helps our economy to grow and expand. Africa offers high Return On Investment (ROI) for every dime spend. Many organisations come up with innovative ideas and products and sell them across the globe to make new advancements in economic, social and political sector. Africa does trade with USA, UK, UAE, India, Europe, China, Turkey, Thailand, South America, Vietnam etc. While China is the main exporter for Africa, India gets the second place. Africa is a market with great potential and Indian entrepreneurs can explore new business prospects. Initially agricultural products where exported from India to Africa but now consumer goods (accounting to 60%), automobiles (20 %), electronics, iron and steel products and other goods are also exported. India, one of the world's largest manufacturers of generic drugs export medicines and pharmaceuticals to Africa to curb may diseases like HIV, Malaria Diarrhea etc. About 3-3.5 million tons of non-basmati rice , automobiles and spare parts worth $700 million are exported to Africa. If you are looking out to invest and start exporting business in Africa then consider these goods as they are very high in customer demand some of which are packaged food manufacturing, maize and wheat milling, solar street lights and water heaters, FMCG, Furniture, baby products, cosmetics, fashion mining equipments, agricultural machinery, biogas, concrete bricks etc. UAE exports a major share of computer and IT products to Africa because of its low transportation costs. China exports cheaper clothing, fashion accessories to Africa, along with other countries that contribute second hand clothing for low-wage earners. Dubai has been a reliable supplier in the export of stationary items to Africa at a competitive price with increased demand from students and women alike. Electronic products are exported from Asia to Africa because of their competitive pricing while India and China are the biggest exporter of engineering products.