India Import and Export Data- Numbering India’s health
Summary – The data are meant for financial purpose to deal with foreign trade and
commerce and these are extremely beneficial.
India Import and export data can be used as cornerstone when judging the financial
health of the nation. Exports are broadly defined as the products a country buys from
another country or group of countries in exchange of a commonly accepted currency. On
the other hand imports are what a country buys from another country or a group of
countries in exchange of a commonly accepted currency. Often the commonly accepted
currency is the US Dollar or the Euro.
The data provided by India imports and export data is often used by various
international banks and financial agencies when developing a financial picture of the
country. The following part of the article will deal with the major imports and exports of
India and the rupee value of such goods. It is to be noted that all the below given data is
relevant to the period of April 2013 to September 2013.
Exports of India:
The major exports of India are:
Natural or cultured pearls, semi precious metals & metals studded with precious
Vehicles other than rail wagons and spare parts there off- 3679590.83
Furniture, bedding and related articles- 314647.52
Electrical and electronic equipment and related articles- 3012495.04
Pharmaceutical products- 3114031.44
Exports help bring in precious foreign currency into the country, which betters the
health of the economy. India import and export data tells us that most of the foreign
currency that comes into the country is used to buy essential foreign products like
mineral oils, animal and vegetable oils, nuclear and traditional power generation
Imports of India:
Some of the major imports of India are listed below along with the rupee value of the
imports. It is to be noted that all the data given in the list below is relevant for the
period from April to September 2013.
Mineral fuels, oils and products of their distillation and related articles53785510.66
Electrical machinery and related articles- 8608974.93
Precious gems and precious metals and related articles- 20130747.67
Miscellaneous chemical products- 3017714.28
Plastic and related articles- 3117416.31
Imports are often discouraged by governments on the grounds that they drain the
economy of precious foreign currency needed for the development of the nation. To
curb the flow of imports governments often apply high custom duty on the import of
certain of certain articles which often increases the price of the imported products.
India Import and Export data also tells that the numbers might not look good for the
foreign currency situation right now but with current trends of exports the picture of
the Indian economy will look bright within this decade. Looking into the numbers it is a
smart time to be exporting as well as importing goods in India.
To know more details about Indian imports data, Indian exports data, International
trade data, Global data provider, or many other types of import/export data such as
data import/export by port wise, you can visit our website www.seair.co.in