International Business - introduction

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an Introduction to international business

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International Business - introduction

  1. 1. WELCOME ALL
  2. 2. A SEMINAR PRESENTATION ON INTERNATIONAL BUSINESS
  3. 3. CONTENTS  COMPOSITION OF IMPORTS  COMPOSITION OF EXPORTS  DIRECTOIN OF IMPORTS  DIRECTION OF EXPORTS  STATISTICS OF IMPORTS AND EXPORTS
  4. 4. INTRODUCTION  Foreign trade has played a crucial role in India s economy and its growth, the composition and direction of foreign trade has undergone substantial changes particularly after the liberalization process which began in early 1990’s.  Over the years, India's trade with other countries have gone up substantially. Apart from that, India is now a major player in global trading systems and all the major sectors of
  5. 5. COMPOSITION OF FOREIGN TRADE  It means that goods that we are importing and exporting. Composition of trade has both import and export.
  6. 6. IMPORTS It refers to goods that we buy from other countries. At times of independence India was an agrarian economy.  Partition of our country has brought food shortage because wheat growing regions vested with Pakistan. Hence India need to import in large quantities, food , cotton jute. Etc
  7. 7. With development of economy over these days, there occurred changes in composition of imports.  The development required setting up of industries modernization of agriculture etc.  Capital goods like machinery chemicals fertilizers metals minerals petroleum products etc.
  8. 8. COMPOSITION OF INDIAS IMPORTS  PETROLEUM PRODUCTS  CAPITAL GOODS  PEARLS AND PRECIOUS GEMS  IRON AND STEEL  FERTILIZERS  EDIBLE OIL
  9. 9. GROUP SHARE IN 1990-91 SHARE IN 2008-09 PETROLEUM PRODUCTS 24.9 30.9 CAPITAL GOODS 24.1 22.3 PEARLS AND PRECIOUS GEMS 8.7 6.4 IRON AND STEEL 5.0 3.1 FERTILIZERS 4.1 1.5 EDIBLE OIL .8 1.4 OTHERS 32.4 34.4 TOTAL PERCENTAGE Source : 100 out line of India 09- 10 100
  10. 10. COMPOSITION OF EXPORTS  Exports means that we are selling commodities to other countries.  At the time of independence our exports comprise of agricultural products like tobacco, spices, raw materials of cotton and jute etc.  Due to industrialization the proportion of raw materials in our exports declined.
  11. 11.  Over these years efforts are made to diversify and expand the the list  we are now exporting , .food products .Marine products .Textiles .Ores and minerals .Manufactured goods . Spices .Transport equipments
  12. 12. COMMODITY GROUP PERCENTAGE SHARE IN 1990-91 PERCENTAGE SHARE IN 2008-09 AGRICULTURE AND ALLIED PRODUCTS 19.5 10.2 ORES AND MINERALS 4.4 5.2 MANUFACTURED GOODS 73.0 72.0 CRUDE AND PETROLEUM PRODUCTS 2.9 11.5 UNCLASSIFIED ITEMS 0.2 1.1 TOTAL PERCENTAGE Source : statistical 100 out line of India 09-10 100
  13. 13. DIRECTION OF INDIA’S FOREIGN TRADE Direction means countries to which India exports its goods ,and countries from which it imports.
  14. 14. Direction of trade also helps to understand the diplomatic relationship maintained by India with other countries of trade.
  15. 15. DIRECTION OF INDIAS FOREIGN TRADE  OECD OPEC EASTERN EUROPE ASEAN
  16. 16. ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPMENT - ( OECD) IT COMPRISE OF , . UNITED STATES OF AMERICA . CANADA . EUROPEAN UNION (EU) .AUSTALIA . JAPAN
  17. 17. ORGANISATION OF PETROLEUM EXPORTING COUNTRIES – (OPEC) IT INCLUDES, .KUWAIT .IRAN .IRAQ .SAUDI ARABIA
  18. 18. EASTERN EUROPE IT INCLUDES, . ROMANIA . RUSSIA . USSR
  19. 19. DEVELOPING COUNTRIES IT INCLUDES, .CHINA .HONGKONG .SOUTH KOREA .SINGAPORE .MALASIA . THAILAND
  20. 20. DIRECTION OF INDIAS EXPORT COUNTRIES TO WHICH INDIA’S EXPORT 1990-1991 % OF TOTAL 2008-2009 % OF TOTAL OECD 56.4 44.3 OPEC 5.6 14.8 EASTERN EUROPE 17.9 1.9 DEVELOPING COUNTRIES 17.1 38.7 OTHERS 3.0 0.3 TOTAL 100 100
  21. 21. DIRECTION OF INDIAS IMPORTS COUNTRIES INDIA IMPORT FROM 1990-1991 % OF TOTAL 2008-2009 % OF TOTAL OECD 54.00 32.73 OPEC 16.3 7.7 EASTERN EUROPE 7.8 2.61 DEVELOPING COUNTRIES 18.4 25.9 OTHERS 3.5 31.1 TOTAL PERCENTAGE 100 out line of India 09-10 100
  22. 22. CONCLUSION  India has trade relations with major trading blocks. As per available information up to 2008- 09(April – February) the share of Asia and ASEAN region comprising South Korea, East Asia ,Mid Eastern and Gulf countries accounted for 51.4% of India s total exports and share of Europe and America is 23.8% and 16.5%.  Arab emirates 10.8%, china 5.8%, Singapore 14.7% Netherlands 3.7% Germany 3.4% Belgium 2.6% Asia and Asean accounted for
  23. 23. REFERENCES * Government of India (2008) Economic reforms Two years of the task ahead, Ministry of Finance Department of Economic Affairs. * Reserve Bank Of India(2008- 2009), Hand Book Of Statistics On The Indian Economy. * India s Foreign Trade Policy And WTO (1991-2003), Vibha Mathur , New

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