New Delhi, May 15: Bilateral trade between India and African countries rose to $93.69 billion in the financial year 2025–26, marking a strong year-on-year growth, according to official data cited by the government.
The trade expansion highlights deepening economic engagement between India and the African continent, driven by stronger commercial ties, rising demand, and diversification of trade across sectors.
India’s exports to Africa stood at $45.42 billion, while imports were slightly higher at $48.27 billion during the same period, reflecting a balanced and expanding trade relationship.
Officials noted that the growth in trade underscores the strengthening of South–South cooperation and the growing importance of Africa in India’s global trade strategy.
The development was highlighted during a recent India–Africa Business Dialogue event, where policymakers emphasized opportunities in areas such as manufacturing, energy, digital technology, agriculture, and critical minerals.
Experts believe the rising trade momentum is supported by improving logistics, stronger institutional engagement, and increasing participation from businesses on both sides.
The latest figures reaffirm Africa’s position as a key trading partner for India, with both regions expected to further deepen economic collaboration in the coming years.