According to resources, the total export to Djibouti from India reached an estimated revenue of more than $459 Million by the year 2022.
Trade agreements have also been signed between both countries in order to support exports.
Value in $Million | 2020-2021 | 2021-2022(Apr-Nov) |
India Export to Djibouti | 347M | 459M |
India Import from Djibouti | 20M | 29M |
Total Trade | 367M | 488M |
Cereals, Sugar and Mineral Fuels are the major exported products from India to Djibouti at the present moment.
The E-commerce market in Djibouti is rising with a good growth rate and the Internet penetration rate in Djibouti reached 55% by 2022.
So, itβs a good scope for Indian exporters and sellers to grab the Djibouti market whether through offline channels or online selling platforms & marketplaces in Djibouti.
Useful resources