India all relevant Import and Export Statistics that you must Know

Over past few years India is burgeoning itself to become the developing country. India’s overall exports between, April 2021 to December 2021 were estimated at US$ 301.3 billion. The overall imports between April 2021 and December 2021 were estimated at US$ 443.82 billion.

As per India Import Data, top imports of the country are Crude Petroleum, Gold, Coal Briquettes, Diamonds and Petroleum gas. The main import partners are China, United States, United Arab Emirates, Saudi Arabia and Iraq.

As per India Custom data, the country is highly dependent on imports for meeting its energy needs. Nearly 85% of the crude oil needs are to be imported. The country is buying more volumes of crude oil from Russia is still less than 1% of the total oil imports.

In the year 2020-2021 the country imported 633,000 tons of 0.3% while in 2019-2020 the purchase were 2.93 million tonnes or 1.3% of total imports. As per India Shipment data, the gross import of rough diamond has jumped 255% to $9 billion from April to September 2021 after the economy is gearing to bounce from Covid-19.

India is the world’s largest importer of diamonds. The imports of the country are particularly high because it is world leader in diamond processing.

As per India Export Data, the total value of exports is US$ 323,251 million. The total value of imports is US$ 478,884 million. The top exports of the country are refined petroleum, packaged medicaments, diamonds, rice, and jewellery. The main exporters of the country are China, United States, Hong Kong, United Arab Emirates, and Germany.

India’s non basmati rice exports valued at USD 4796 million in 2020-2021, with basmati rice exports a close second at USD 4018 million. The rice exports rose by over 33% to 11.79 MT in the first seven months of current FY, likely to surpass last FY’s record over 17 MT.

The top ten countries- Nepal, Benin, Bangladesh, Togo, Senegal, Cote D Ivoire, Guinea, Malaysia, Iraq, United Arab Emirates- have a share of 57% in India’s total exports of non-basmati rice in 2020-21 in terms of volume.

Gems and jewellery contributed to over 26 billion dollars of all exports from South Asian country. As on 2019, the country exported $823M in Gold, making it the 50th largest exporter of Gold in the world.

Bangladesh All Relevant Import and Export Statistics that you must Know

Comments

Post a Comment

Popular posts from this blog

Import and Export Procedures in Vietnam 2023

Import Procedures in Vietnam: Import License: Some goods require an import license issued by the relevant authorities in Vietnam. Importers should check whether their products fall under this category. Customs Declaration: Importers must complete customs declarations accurately and submit them along with supporting documents to customs authorities. Vietnam Import Data Customs Clearance: Imported goods must undergo customs clearance procedures, which include inspection, assessment of duties and taxes, and compliance verification. Payment of Duties and Taxes: Importers are responsible for paying import duties, taxes, and other applicable fees based on the classification and value of the imported goods. Documentation: Required documents for importation typically include commercial invoices, packing lists, bill of lading or airway bills, import permits or licenses (if applicable), and certificates of origin. Export Procedures in Vietnam: Export Registration: Some products may require ex...
Read more

Russia Import Export Statistics 2023

  Russia's trade activities were significant, with both exports and imports playing crucial roles in its economy. Here's a general overview: Exports: Energy Resources: Russia is renowned for its vast energy resources, particularly oil and natural gas. These resources constitute a substantial portion of Russia's export revenue. Russia Export Data Minerals and Metals: Russia also exports various minerals and metals, including iron ore, coal, aluminum, and copper. Arms and Military Equipment: The country is a significant exporter of arms and military equipment to various countries around the world. Agricultural Products: Russia exports agricultural commodities such as wheat, barley, and other grains. Imports: Machinery: Russia imports machinery and equipment for industrial purposes, including machinery for manufacturing and infrastructure development. Russia Import Data Consumer Goods: Like many countries, Russia imports various consumer goods such as electronics, clothi...
Read more

Importance of Turkey Import Export in Trade Data Business

Are you planning to do trade business with Turkey? If so, it is very important to know the trade dynamics of the country so that you can make informed business decisions. Here comes the need of Turkey Global Import Export Data details on real-time basis for successful international trade expansion. Turkey Import Data is collected of statistical information about each company’s business activities. It is based on the shipping bills, import bills, invoices and other import export documents. The data provides a bird’s eye view of the commodities that are imported or exported in Turkey. The Turkey import and export data contains information about price, HS code, importers’ details, exporters’ details, custom data, shipment data, competitors’ data, product description and quantity. Know the importance of Turkey import export data 1. The authentic and real-time import export data is used to estimate the consumption pattern of Turkey. The businesses can predict the local demand of commoditi...
Read more