According to resources, the total export from India to Central African Republic reached an estimated revenue of more than $20 Million by the year 2022 which accounts for 0.4% of Indian export.
Trade agreements have also been signed between both countries in order to support exports.
Value in $Million | 2020-2021 | 2021-2022(Apr-Dec) |
India Export to Central African Republic | 23 | 13 |
India Import from Central African Republic | 0.20 | 0 |
Total Trade | 23.20M | 13M |
Pharmaceuticals, Textiles, Gems & Jewellery are the major exported products from India to Central African Republic.
E-commerce industry is also rising in Central African Republic with a good growth rate and and the main reason behind this development is the Internet penetration rate which has reached more than 7% by 2022.
So, its a good scope for Indian exporters and sellers to grab the Central African Republic market whether through offline channels or online selling platforms & marketplaces in Central African Republic.
Useful resources