The document discusses India's foreign trade and its importance for economic development. It notes that while India had a significant share of world trade at independence, its share declined until 1980 but has since improved. It provides statistics on India's exports and imports by value and sector. It also discusses factors influencing India's foreign trade performance and rankings compared to other countries.
5. India’s Global share 1.4 Service imports 1.2 Service exports 0.8 Merchandise imports 0.7 Merchandise exports 0.5 FDI 5.45 GNP at purchasing power parity 1.50 GNP 16.78 Population 11.24 Arable land 2.47 Area India’s share (percentage) Factor
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8. 9.0 2002-03 8.7 2001-02 8.8 2000-01 8.5 1999-00 8.0 1998-99 8.4 1997-98 9.6 1996-97 7.2 1990-91 5.4 1980-81 3.8 1970-71 6.8 1960-61 In % Year EXPORTS as a % of national income
14. 11.94 3.65 3.26 Hong kong 15.45 13.27 11.49 US 38.48 7.10 5.13 UAE 55.20 4.59 2.96 China 78.63 3.80 2.12 Singapore (%)change 2004-05 ($bn) 2003-04 ($bn) COUNTRY 5 FASTEST GROWING EXPORT DESTINATION
15. TOP FIVE FASTEST GROWING NATIONS: 3.80 SINGAPORE 0.81 RUSSIA 4.58 CHINA 1.69 UK 7.09 UAE 1.75 GERMANY 13.26 US 2.03 JAPAN 17.25 EU 5.02 US 2004-2005 ($bn) 1994-95($ bn )
19. Top Import (Products) 4.08 -21.37 30,061.51 India Import Of –pearls n jewel 5 7.63 43.37 56,216.24 India Import Of machinery 4 7.97 37.35 58,704.81 India Import Of - GOLD 3 8.86 25.32 65,281.46 India Import Of –electronic goods 2 32.10 34.47 236,601.84 India Import Of –crude oils 1 Value (INR in Crores) Value (INR in Crores) Value (INR in Crores) %Share %Growth Export Value of Goods Apr 2006 - Feb 2007 Name of Commodity Rank
20. 0.19 - 1,417.61 India Import of- Wheat 10 2.48 -22.47 18,258.34 India Import Of - OTHER COMMODITIES 9. 2.49 19.77 18,363.64 India Import Of - COAL, COKE & BRIQUITTES etc 8. 3.04 18.93 22,405.24 India Import Of - ORGANIC CHEMICALS 7. 3.31 40.20 24,413.75 India Import Of – IRON & STEEL 6
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23. Indices of Global Competitiveness 13 9 4 43 10 44 11 38 10 Switzerland 8 15 22 54 26 16 10 40 9 UK 20 18 8 11 1 45 25 2 8 Hong Kong 3 13 11 47 29 7 12 42 7 Canada 7 2 2 46 17 43 8 52 6 Finland 10 8 1 4 2 1 15 13 2 Singapore 1 1 7 41 15 26 5 25 1 USA 51 38 54 14 59 5 49 19 49 India E- commerce Technological sophistication Overall infrastructure Investment rates Average tariff Export promotion Regulatory standard Govt Growth competitiveness
24. India’s Global share 1.4 Service imports 1.2 Service exports 0.8 Merchandise imports 0.7 Merchandise exports 0.5 FDI 5.45 GNP at purchasing power parity 1.50 GNP 16.78 Population 11.24 Arable land 2.47 Area India’s share (percentage) Factor
25. India’s Rank 1 Tea production 4 GNP at purchasing power parity 2 Tobacco production 12 GNP 2 Wheat production 19 Service imports 2 Rice production 22 Service exports 2 Nitro fertiliser consumption 26 Merchandise imports 2 Tractors in use 31 Merchandise exports 1 Irrigation area 2 Sugar production 2 Arable land 1 Butter and ghee production 7 Area 1 Milk production 2 Population Rank Factor Rank Factor
26. India’s share of Developing Countries 3.07 Merchandise imports 2.42 Merchandise exports 1.6 FDI 12.13 GNP at purchasing power parity 7.43 GNP 19.72 Population India’s share (performance) Factor