4. EXIM POLICY
India’s Export of Merchandise and services
In 2013-14
465.9 US billion $.
2% of world export.
In 2019-20
900 US billion $.
3.5% of world export.
5. Current Situation :-
• 535.4 billion $
Overall Growth(Merchandise and
services)
• 330 Billion $
Goods export(FY 2018-19)
• 11%
Rise in Export
Acc. to FIEO
6. Trade Barriers:-
Tariff
Direction Purpose Length Rates
Distribution and
Consumption
Taxes
Non-Tariff
Subsidies Import Quota
Voluntary
export
Restraints
Anti Dumping
policy
Administrative
Policy
9. India’s top 5 commodities of export in 2019
Petroleum product,
18050.43
Precious stones,
9190.97
drug formulation,
6457.91
Gold and precious
metals, 5672.9
Organic chemicals,
3757.53 In U.S million $
11. Rank Country Export Import Total Trade Trade Balance
1. U S A 17,781.72 13,582.32 31,364.04 4,199.40
2. CHINA P RP 5,586.59 23,450.73 29,037.32 -17,864.14
3. U ARAB EMTS 10,405.99 9,613.19 20,019.18 792.81
4. SAUDI ARAB 1,883.27 9,218.46 11,101.73 -7,335.20
5. HONG KONG 3,794.97 5,752.29 9,547.26 -1,957.33
6. SINGAPORE 4,093.68 5,335.88 9,429.56 -1,242.20
7. SWITZERLAND 398.78 8,177.70 8,576.49 -7,778.92
8. IRAQ 680.80 7,667.21 8,348.01 -6,986.41
9. GERMANY 2,853.79 4,803.41 7,657.20 -1,949.63
10. KOREA RP 1,562.34 5,738.39 7,300.73 -4,176.06
Total of Top countries 49,041.92 93,339.59 142,381.51 -44,297.67
India's Total 107,135.01 169,567.46 276,674.48 -62,432.45
% Share of Top countries 45.78 55.05 51.46 70.95
Year: 2019-2020(Apr-Jul(F))..
Export Import data of India
In US million $