Volume : 4, Issue : 4, April - 2015

An Analysis of Trade Relations between India and South Africa

Seema

Abstract :

<p> This article provides an appraisal of trade relations between India and South Africa. India and S. Africa both are the </p> <div>emerging economies of the world. In recent years trade relations between the two countries has grown considerably. </div> <div>The paper provides a detailed analysis of India’s trade with S. Africa and analyzed the trade intensity of India–S. Africa </div> <div>trade, balance of trade and trade pattern during the time period of 2001–2013. Calculations are based on trade intensity index, compound </div> <div>annual growth rate, average annual growth rate, simple averages and percentages. The study found that the export intensity between India and </div> <div>S. Africa is quite high means no geographical bias to Indian exports in S. Africa and intensity of imports is also more than one during the study </div> <div>period. Other findings of the study revealed that Balance of trade is favorable for S. Africa (except for the year 2006) during study period. The share </div> <div>of S. Africa’s trade in India’s total trade is almost stagnant</div>