South Asian countries include India, Pakistan, Bangladesh, Afghanistan, Sri Lanka, Maldives, Nepal and Bhutan.
India has a total population of 1.324 billion and a per capita GDP of $1,940. It is one of the fastest-growing countries in the world, and its economic growth rate is remarkable. The main imported products are petroleum products, electronic products, gold and silver, machinery, chemical products, etc.
CLUB FACTORY is a very popular Chinese cross-border e-commerce platform in India, and its development momentum is rapid. The company was established in 2015 and is now one of the most downloaded e-commerce platform software in India, with about 45 million users. The platform focuses on cost-effectiveness and sells low-priced products, similar to China’s Pinduoduo. China is the main supplier on the platform, and the product supply mainly comes from major clothing and accessories markets and product wholesale markets in China. The highest-selling products on the CLUB FACTORY platform are clothing and accessories, followed by digital, home furnishings, food and other daily necessities.
Pakistan has a total population of about 197 million and a per capita GDP of $1,548. The main import products are petroleum and petroleum products, machinery and transportation equipment, steel products, fertilizers and electrical products.
Bangladesh has a total population of 164 million and a per capita GDP of US$801. The economic foundation is weak and the national economy mainly relies on agriculture.
Afghanistan has a total population of about 34.66 million and a per capita GDP of US$681. The main import products are food, motor vehicles, petroleum products and textiles.
Sri Lanka has a total population of 21.44 million. The per capita GDP is US$4,065. The economy is mainly based on agriculture, and the most important export product is Ceylon black tea. As one of the world’s three largest tea producing countries, the domestic economy is deeply affected by the development of the tea industry.
Maldives has a total population of about 440,000 and a per capita GDP of US$8,601. Tourism, shipping and fisheries are the three pillars of the Maldives economy. The main import products are food, petroleum products, textiles and daily necessities.
Nepal has a total population of 28.98 million and a per capita GDP of US$835. It is an agricultural country, with 80% of its citizens engaged in agricultural production, and the total agricultural output value accounts for about 40% of GDP.
Bhutan has a total population of 870,000 and a per capita GDP of US$3,110. The main imported products are fuel, grain, automobiles, machinery, metals, plastics, etc.