Indian export data is a collection exports from India during a specific period of time. The data is intended to help local traders find an international footing in trade.
1. Indianexportdata
India’sexportsare mainlyfocusedaroundmineral ores,industrial raw materialsandfoodsgrains.The
countryis alsoone of the largest exporters of computersoftware andinformationtechnologyenabled
servicestoWesternandEuropeancountries. The exportsare majorlyaccountedforinUS Dollarssince it
iswidelyforforeignexchange transactionsbymostcountries. Indianimportdata isa database of all the
exportsthathave leftthe countryduringa particularmonthof quarter.
The data is preparedbycustomofficialsfrominvoices,bill of lading,exporter’sproductmanifesto,etc.It
containsuseful informationlike listof itemsexported,name of the exporters,theircontactnumbers,
addresses,e-mail orwebsitedetails,etc.During2004 to 2006 there was nopractice of recordingthe
namesof the exporters. The dataispreparedonthe basisof Indiancustomsdepartment notificationto
provide suchinformationforthe benefitof local suppliers. Italsocontainsthe productdescriptionin
international nomenclature,importername,contactdetailsandcountry.
Withthe portof destinationdetailslocal traderscanidentifyforeignmarketswhere thereisdemandfor
theirproducts. It isan excellentsource tofindlocal manufacturerorsuppliersof highqualityproducts.
Since all the goodsare to be checkedandverifiedbycustomsofficialsbefore theyare permittedfor
export,there isnocompromise onthe quality. The dataiscompiledbasedondataavailable from
variousIndianseaportslike JNPT,Mumbai,Chennai,Tuticorin,Kolkata,Delhi, Vizag,etc.
Agricultural productsare the largestexportcommoditiesof India. The countryhasabundantproduction
of the same,the surplusof whichitexportstoforeignnationstoearnforeignexchange.The foreign
exchange isinturnusedto purchase goodsand servicestobe importedintothe country. Until the 1991
Indiahad a much closedapproachtowardsforeigninvestmentsandexchange.Onlywhenthe balance of
paymentsof the countryendedupina crisiswasthe economyopenedupforforeigninvestment.Since
thenIndiahad beenaconstant presence ininternational marketsreputedforlocal produce aswell as
handicraftsandnative products.
On the otherhand,Indialargelyimportsautomobiles,textiles,plasticandindustrial equipmentfrom
othernations. Indianexport data alsoshowsthat some tradersevenhave barteragreementswith
foreignsupplierswheregoodsare exchangedforgoodsworthwithouthavingtotransact inforeign
currency. Middle East,US andAsiancountriesare the mainexportdomainof India.Middle Eastisthe
largestexporterof rice commoditiesfromIndia.
To knowmore about Indianexportdata, Indianimportdata,exportimportdataand muchother
informationforEXIMnotification,youcancheck www.seair.co.in.
Summary
Indian exportdata isa collectionexportsfromIndiaduringaspecificperiodof time.The datais
intendedtohelplocal tradersfindaninternational footingintrade.