India Trade Import Export International Economy Review
Having been an agro-based economy, Indian trade has always been devoid of manufactured or industrial goods. Post liberalization, imports dominated the Indian trade scene in the form of heavy machinery and information technology products and, thus, created an imbalance of trade.
In Indian subcontinent most frequent product segment are as follows;-
Indian trade was impacted by the global downfall of 2007-2009. Indian exports fell from $200.9 billion in 2008 to $165 billion in 2009.India ranked 22nd in the world in terms of export volume.
Being a country with a huge workforce, India has seen its trade being boosted by the production of precious stones and metals. The various other export commodities that
India exports are:
Petroleum products
- Machinery
- Iron and steel
- Chemicals
- Vehicles
- Apparel
India’s main export countries are:
- UAE
- US
- China
- SINGAPUR
Indian trade has undergone massive restructuring following the 1991 liberalisation Policies. Ever since, India’s exports have experienced a growth rate of 18.11%. The big surprise has been the import sector that has experienced a growth rate of 34.30%. India major Imports
The Indian economy is headed towards becoming a developed economy and all its sectors are in need of machinery and energy. Therefore, Indian imports are dominated by crude oil and machines. Other imported products are:
- Precious stones
- Fertilizer
- Iron and steel
- Gold & Silver
- Electronic Goods
- Machinery other than Electrical
- Organic & Inorganic Chemicals
- Metalliferous Ores & Products
- Coal
- Transport Equipment
In 2009, total imports amounted to $253.9 billion, down from the 2008 figure of $322.3 Billion. India ranked fifteenth in the world in terms of import volume.
India’s import with International partners is:
- China 10.8%
- Saudi Arabia 6.9%
- US 6.7%U
- AE 6.7%
- Iran 4.2%
Therefore China is being a biggest supplier for India; similarly china has best market for trading is India.
We are from India can provide an accurate database with reference to many resources like; Custom, shipping line agents, forwarder and many directory publisher government and semi government firm to get adequate report for start exporting from china.
Our report will guide you through authentic happened trading between two most recent economic emerged nations.
In simple term we provide export Import data from India to china for any commodities in demanded pattern.
SEAIR EXIM SOLUTION (P) LTD.
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New Delhi-14,
Contact person: – Ajit Kumar
P-011-26347547,
Fax:-011-26343463
M-098956132
Mail: – Sales@seair.co.in
Web:-www.seair.co.in
We provides import export data, International exporters, importers, suppliers data, shipment sample data, foreign trade data from China, UK, US, Russia, India. We provide valuable information on International Trade Data & business import export data.
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