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Indian exports to Sub-Saharan Africa under threat from China
New Delhi, Nov 19: India`s exports to Sub-Saharan African region estimated at over $1 billion could be under threat on account of stiff competition from China, according to a recent study.
New Delhi, Nov 19: India's exports to Sub-Saharan African region estimated at over $1 billion could be under threat on account of stiff competition from China, according to a recent study.
China has cornered the largest market share in a number of products including IT, industrial machinery and plastics, the study by the National Centre for Trade Information on 'Global Imports of Sub-Saharan African Countries’ has revealed.
In the case of automatic data processing machines, it said, China had cornered close to 27 per cent of the market in South Africa while India had less than five per cent share.
China similarly was market leader for water tube boilers in Tanzania whereas India had a mere 2-3 per cent share, it said, adding that in certain products like Cotton Yarn, China enjoyed a higher unit value compared to India.
The study which evaluated the import basket of seven countries in the Sub-Saharan region also pointed out that India's share in exporting major products imported by each of these countries was at present nil.
For instance, India does not export mineral fuel, a top import item for Ethiopia, Ghana and Kenya. Similarly, it does not export reactors, boilers and machinery a top import item for Nigeria, South Africa and Tanzania.
While India has a comparative advantage in apparels, coir floor coverings, semi-milled rice, footwear uppers and diamonds, the study said boilers, machinery including electrical machinery were high growth potential items in all the seven countries. Bureau Report
In the case of automatic data processing machines, it said, China had cornered close to 27 per cent of the market in South Africa while India had less than five per cent share.
China similarly was market leader for water tube boilers in Tanzania whereas India had a mere 2-3 per cent share, it said, adding that in certain products like Cotton Yarn, China enjoyed a higher unit value compared to India.
The study which evaluated the import basket of seven countries in the Sub-Saharan region also pointed out that India's share in exporting major products imported by each of these countries was at present nil.
For instance, India does not export mineral fuel, a top import item for Ethiopia, Ghana and Kenya. Similarly, it does not export reactors, boilers and machinery a top import item for Nigeria, South Africa and Tanzania.
While India has a comparative advantage in apparels, coir floor coverings, semi-milled rice, footwear uppers and diamonds, the study said boilers, machinery including electrical machinery were high growth potential items in all the seven countries. Bureau Report