India Import Export Trade Data- An Optimum Source to
Have anyone ever heard about it before? Why is it so important? What is the use of it? Don’t worry, you’ll get an answer to each & every question and for that, you have to go further….
Let me tell you what is trade all about?
Trade is an action of selling and buying products or services. It associates with the transfer of services and goods from one country to another country. Everyone is familiar with the word “Trading”. Most of the people have traded in our every day’s life. Basically, each and everything you purchase from a shop is called trading. It has been famous for making a huge profit. As I above mentioned, today’s blog is all about India export import Data. If we are talking about India, it has many largest trading partners i.e. mentioned below.
- China
- United States of America
- United Arab Emirates
- Saudi Arabia
- Switzerland
- Germany
- Hong Kong
- Indonesia
- South Korea
- Malaysia
The trading business of any country includes over-all import and export. Just like India that is the 18th biggest export economy and 14th largest import economy in the entire world. Let’s have a look below list if you need to discover main exports and imports of India.
Indian Exports
Major exports of India are diamonds (8.7%), refined petroleum (9.1%), packaged medicaments (4.6%), gold (3.1), rice (1.9%), frozen bovine meat (1.1%) cars (2.3%) etc. Basically, by exporting these products to other countries, India takes initiative in fulfilling their needs.
Indian Imports
In India, millions of products are imported throughout a year. Just like exports, it has a lot of major imports such as crude petroleum (14%), coal briquettes (4.7%), telephones (3.2%), petroleum gas (2.6%), palm oil (1.3%), and many more.
While reading my blog, have you thought for a second that why I chose to write on this topic? Because thousands of people are looking for Import Export Data India and those people are actually understand the actual value of having it. Above mentioned information on importation and exportation business making India the #1 rising international economy. Not only this, it is on the way to becoming a new global industrial hub.
We all heard one quote once in a while and i.e. “truth is always bitter”. And Indian trading business has also one bitter truth- entering into it not everybody’s cup of tea. It is actually very tough. Just suppose, you enter the trading business but without having the proper knowledge you’ll never execute all the tasks appropriately. And for executing tasks properly, you need a source that should be authentic and genuine. Here, I’m talking about Export Import Data India. The main purpose was creating this data is providing relevant records on products which are mostly exported from India or imported in India.
This info is impactful for those who are experienced but want a new way to promote their business or for those who are completely fresh to this industry and want to understand each and every aspect of Indian trading. It would be a great source to make Indian foreign trade simple and interesting as well. Yes, you heard it right! Generally, it provides a glimpse of what kinds of products are imported and exported, at what price, from which port, in which quantity and so on. A lot of market research firms are present out there and you have to explore the internet to find out the best one that matches your business requirements.
