India-Africa Trade: Current Trends and Policy

Authors

  • Priyadarshi Dash Dr. Priyadarshi Dash is Researcher at Research and Information System (RIS) for Developing Countries, New Delhi, India

Keywords:

International trade, India-Africa Trade, non-tariff barriers

Abstract

India-Africa trade has gathered pace over the past few years characterized by a remarkable rise in Africa’s exports to India. Interestingly, India’s exports and imports of products belonging to minority sectors (low share in total exports) exhibit dramatic growth in the recent years than the products in majority sectors (high share in total exports). Broadly, India’s trade basket is heavily dominated by mineral products with very little diversification in the recent past. Along with tariff liberalization, India is lowering different forms of non-tariff barriers (NTBs) which would pave the way for higher trade between India and African economies and help the country withstand the Chinese competition in the African markets.

References

AfDB-OECD-UNDP-UNECA. 2011. African Economic Outlook 2011.

Barka, Habiba Ben. 2011. India’s Economic Engagement with Africa. Africa Economic Brief. Vol. 2, Issue 6, Chief Economist Complex, The African Development Bank Group.

Brenton, Paul and Gozde Lsik. 2012. DeFragmenting Africa: Deepening Regional Trade Integration in Goods and Services. The World Bank, Washington.

FICCI. Africa Desk (www.ficci.com).

Mohanty, S.K. 2013. India-China Bilateral Trade Relationship. A Study Prepared for Reserve Bank of India May.

Mohanty, S.K and Sachin Chaturvedi. 2009. Emerging Trade and Investment Linkages between India and Africa: Challenges and Prospects. IndiaAfrica Business Partnership Summit, January 19-20.

Saran, Shyam. 2012. India and Africa: Development Partnership. RIS Discussion Papers No. 180.

UNCTAD. 2013. Economic Development in Africa Report 2013: Intra-African Trade: Unlocking Private Sector Dynamism, Geneva.

UNECA-African Union. 2013. Making the Most of Africa’s Commodities: Industrializing for Growth, Jobs and Economic Transformation. Economic Report on Africa, Addis Ababa.

UNECA-African Union. 2011. Economic Report on Africa 2011, Addis Ababa.

UNIDO-UNCTAD. 2011. Economic Development in Africa Report 2011: Fostering Industrial Development in Africa in the New Global Environment, Geneva.

WTO-CII. 2013. India-Africa: South-South: Trade and Investment for Development. World Trade Organization and Confederation of Indian Industry.

Downloads

Published

2023-03-20

How to Cite

Dash , P. (2023). India-Africa Trade: Current Trends and Policy . Journal of Studies in Dynamics and Change (JSDC), 1(7). Retrieved from https://jsdconline.com/journal/jsdc/index.php/home/article/view/51

Issue

Vol. 1 No. 7 (2014): November 2014

Section

Articles

License

Copyright (c) 2023 Both the journal and the author

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Readers and users of the Journal of Studies in Dynamics and Change (JSDC) are free to Share — copy and redistribute the papers published in the journal in any medium or format. However, the user (1) must give appropriate credit, provide a link to the license, and indicate if changes were made. (2) May not use the material for commercial purposes (3) Must distribute your contributions under the same license as the original if any remix, transform, or build upon the material is done.