Djibouti Government generally encourages and promotes Indian investment and business.
The bilateral trade stood at US$239.43 million in 2014-15, out of which India’s exports to Djibouti were US$237.96 million and imports were US$1.47 million. Exports from India consist mainly of iron & steel products, paper and plastic products, machinery, metals, yarns & fabrics, food items and drugs & pharmaceuticals etc. During 2014-15, major imports by India from Djibouti were hides and skins, metal scraps and leather. Bilateral trade is in India’s favor. Most of the trade with Djibouti actually serves the growing market in Ethiopia. The main items which have shown increase in Indian exports are: iron & steel products, paper and plastic products.
Contacts between India and Djibouti have existed since ancient times when Djiboutian traders traded in hides and skins for Indian perfumes and spices.
Economic Relations post 2020- New Opportunity with rising trade
Bilateral trade between India and Djibouti stood at US$ 367.23 million in FY 2020-21, out of which India’s exports to Djibouti was US$ 347.06 million and imports were US$ 20.16 million. Exports from India consists mainly of rice, engineering goods, fruits & vegetables, paper and plastic products, machinery, metals, yarns and fabrics, and food items. India’s exports to Djibouti during April 2021 to January 2022 was US$ 619.03 million (117% growth). India’s imports from Djibouti during April 2021 – January 2022 has been US$ 34.57 million (133% growth).
The major traded products are Baked goods and Confectionery, Cerelas, Cocoa Products, Dairy Products, Fruits and Vegetables and Food Preparations.
India’s Top Exports to Djibouti Includes
The Event