Indian custom data is a one point source of information for local traders to gain information on imports from foreign nations. It is compiled by the customs department and can be obtained from export import companies.

1. Indian custom data and its varieduses
Indiamay notbe the richestor developednationinthe world.However,itisone of the leading
economiesininternational trade andcommerce. Indiabecame acountrythat welcomesinternational
trade withthe liberalizationpoliciesof 1991. Indiahas beenconductingtrade withforeignterritories
since time immemorial throughitsabundantandwell suppliedsea-routes. The countryhasa wide range
of goodsandservicesthathave enormousdemandinforeignmarkets.Withthe advancementsin
logisticsandtransportationfacilitiesIndia’sforeigntrade haspickedupsignificantlycontributingalot
more to the economythanthe previousdays. InternationalshippinginIndiaisoverseenbythe customs
departmentwhichleviesdutiesonproductsthatenterandleave the countryforthe purpose of sale.
Indian custom data providesdetailedinformationintothe goodsimportedandexportedfromthe
country. The data available inexcel sheetsfromonline databasesorinhard copiesprovide information
like name of the exporter,productimportedintothe country,quantity,HScode,portof origin,portof
destination,etc. Indianhastwelve majorportsandone hundredadeightyfive transitionalandminor
ports locatedacrossitssea routes. The mostnotedseaports of Indiaare the Jawaharlal National Port
Trust, Vizagport,Tuticorin,Chennai,etc. Customdataisavailable fromeachof these portsforeach
material thatisimportedor exportedfromforeigncountries.
In Indiathe foreigntrade transactionsare controlledandregulatedbyDirectorGeneral of ForeignTrade.
Everyexportandimportof the countryrequiresthe approval of the General. India’sprominence asone
of the mostimportantexportandimporttrade destinationsinAsiaaddstothe relevance of DGFT’srole.
India’sforeigntrade majorlyconsistsof garments,pharmaceutical products,transportequipments,
machineryandtextiles.The countryisalsoa majorimporterof crude oil,plasticsandelectronicgadgets
fromAsiaand Europe.Indiaisa top rated exportedof software andknowledge serviceswhichsupports
itseconomyconsiderably.
Indian custom data iscompiledsothatlocal traderscan have an ideaof productsthat are importedand
exportedfromthe country. There hasbeena steadydecrease inthe importsmade byIndiainthe recent
yearowingto the global recessionwhichhadseriousimpactonthe country’sbalance of payments. Now
the country islargelyfocusingonimportsfromSouthAfricaandAustraliawhichare insulatedfromthe
Euro currencycrisis as well asglobal recession.
To knowmore detail aboutIndiancustomdata, Customimportdata, CustomExportData, shipment
data, andmuch otherinformationaboutexportimportthenyoucango through www.seair.co.in.
Summary
Indian custom data isa one pointsource of informationforlocal traderstogaininformationonimports
fromforeignnations.Itiscompiledbythe customsdepartmentandcanbe obtainedfromexportimport
companies.