Uploaded on Jan 13, 2020
India's share in global merchandise exports has risen from 0.6 percent in early 1990s to 1.7 percent in 2016, and similarly the share of imports has risen from 0.6 percent to 2.4 percent during the same period.
India’s share in global trade
India’s share in global trade
India import data
https://www.usaimportdata.com/
India’s share in global trade
India's share in global merchandise exports has risen from 0.6 percent
in early 1990s to 1.7 percent in 2016, and similarly the share of imports
has risen from 0.6 percent to 2.4 percent during the same period.
Overall Exports and Imports for India
The total value of imports (CIF) is US$ 444,052 million. At the HS6 digit
level, 4,418 products are exported to 219 countries and 4,317 products
are imported from 213 countries.
https://www.usaimportdata.com/
Economy growth of India
The economy of India is characterized as a developing market economy.
It is the world's fifth-largest economy by nominal GDP and the third-
largest by purchasing power parity (PPP). According to the IMF, on a per
capita income basis, India ranked 142nd by GDP (nominal) and 119th
by GDP (PPP) per capita in 2018.
India export data
https://www.usaimportdata.com/
What is the status of International Trade?
International trade between different countries is an important factor in
raising living standards, providing employment and enabling consumers
to enjoy a greater variety of goods.
International trade has occurred since the earliest civilisations began
trading, but in recent years international trade has become increasingly
important with a larger share of GDP devoted to exports and imports.
https://www.usaimportdata.com/
Two important economy facts of world trade
World exports as a % of GDP have increased from 12% in 1960 to around
30% in 2015.
With an increased importance of trade, there have also been growing
concerns about the potential negative effects of trade – in particular, the
unbalanced benefits with some losing out, despite overall net gains.
India importers data
https://www.usaimportdata.com/
Some economy facts of India
Officially named the Republic of India, India is a South Asian nation that
shares land borders with China, Nepal and Bhutan to its north-east, Burma
and Bangladesh to its east, and Pakistan to its west.
India shipped US$323.1 billion worth of products around the globe in
2018. That dollar figure represents a 1.7% increase since 2014 and a 9.2%
gain from 2017 to 2018.
Applying a continental lens, almost half (49.3%) of Indian exports by
value were delivered to fellow Asian countries. Another 19.3% was sold
to European importers while 18% went to North America.
Smaller percentages went to Africa (8.3%), Latin America (2.9%)
excluding Mexico but including the Caribbean, then Oceania (1.3%) led
by Australia. https://www.usaimportdata.com/
India’s Top Trading Partners
Below is a list highlighting 15 of India’s top trading partners in terms of
countries that imported the most Indian shipments by dollar value during
2018. Also shown is each import country’s percentage of total Indian
● Germany: $9 billion (2.8%)
exports.
● Bangladesh: $8.8 billion (2.7%)
●
United States: US$51.6 billion (16% of total Indian exports) ● Netherlands: $8.7 billion (2.7%)
● United Arab Emirates: $29 billion (9%) ● Nepal: $7.3 billion (2.3%)
● China: $16.4 billion (5.1%) ● Belgium: $6.8 billion (2.1%)
● Hong Kong: $13.2 billion (4.1%) ● Vietnam: $6.7 billion (2.1%)
● ●Singapore: $10.4 billion (3.2%) Malaysia: $6.5 billion (2%)
● Italy: $5.5 billion (1.7%)
● United Kingdom: $9.8 billion (3%)
https://www.usaimportdata.com/ ● Saudi Arabia: $5.5 billion (1.7%)
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