This presentation discusses India's foreign trade. It covers topics such as the scope of Indian foreign trade, including uneven resource distribution and differences in economic growth rates between countries. It also discusses various trade barriers India faces like import quotas, tariffs and customs duties. Specifically, it notes trade barriers against China, such as potential anti-dumping duties on chemicals. Export, import and trade balance figures are presented for India from 2008-2009 to 2010-2011. The top exports and imports of India are also discussed. Finally, India's trade is compared to that of China and Hong Kong.
2. Key note Address
Introduction to Foreign trade
Indian Foreign trade
Scope for Indian foreign trade
Trade Barriers against China
Export, Imports & Balance of Trade
Top Imports of India
Top exports of India
Comparisons of Indian trade with other countries
3. Scope for foreign trade
Uneven Distribution of Natural Resources
Division of Labour and Specialization
Differences in Economic Growth Rate:
4. Types of Trade barriers
import quota is a limit on the quantity of a good that can be
produced abroad and sold domestically.
Tariffs-A tariff is either a tax on imports or exports in and
out of a country.
Customs- is an authority or agency in a country responsible
for collecting and safeguarding customs duties and for
controlling the flow of goods including animals, transports,
personal effects and hazardous items in and out of a country.
5. TRADE BARRIERS against China
The Indian government is considering imposing an anti-
dumping duty of up to US$ 236 per tonne on imports of a
chemical, used in bricks, tiles and ceramics, to protect the
domestic industry from cheap Chinese shipments.
Orissa which is India’s biggest iron ore producer, has proposed
the ban on 70 percent of its exports on the grounds that its
supporting domestic demand.
6.
7. Export, Imports & Balance of Trade
Value in Crores Rs
YEAR EXPORTS IMPORTS Balance of
trade
Values in
crores
2008-2009 840755.1 1374435.6 -533680.5
2009-2010 845534 1363736 -518202.0
2010-2011 1157474.6 1605314.6 -447840.0