This term export is derived from the conceptual meaning as to ship the goods out of the port of a country.
In other words goods and services produced domestically and sold to buyers in another country.
The seller to such goods and services is called an exporter.
Deep Dive focus on: Export (Principles of Management and Economics) India
1. Submitted by: Gandharva Krishna
Course: Post Graduate Diploma in Marketing Management
Roll No.: 1913832
EXPORT
2. EXPORT
This term export is derived from the conceptual meaning as to
ship the goods out of the port of a country.
In other words goods and services produced domestically and
sold to buyers in another country.
The seller to such goods and services is called an exporter.
3.
4. TYPES OF EXPORT
² Physical export: When goods physically go out of the
country.
² Deemed export: When goods and services are supplied to
another entity.
5. BALANCE OF TRADE
It represents the difference in value for import and export for a country.
Imports are impacted principally by a country’s income and its productive
resources.
A trade deficit occurs when imports are large relative to exports.
When the price of a good on the international market is less than the price
of the good on the domestic market
NX=X-I
Where NX represents balance of trade, X exports and I imports
6.
7. India Has The Largest Trade Deficit With China
Trade Surplus With UAE, HONG KONG, USA
8.
9. ADVANTAGES OF EXPORT
v Exporting is one way of increasing your sales potential
v Your product/service might suit the foreign market better than your home market.
v Exporting is a precaution against fluctuations in sale in the home market due to seasonal
variations in demand.
v Precaution against a decline in your own economy.
v Your product in different conditions may take on innovations that may result in a better article.
v Increasing sales and profits
v Reducing risk and balancing growth
v Sell excess production capacity
v Gain new knowledge and experience
10. DISADVANTAGES OF EXPORTS
v Exposure to barriers
v Transportation Cost
v Obtaining Export License
v Added administrative cost
v Modify product or package
v Application for additional insurances
v No direct physical contact with buyer
v Increased risks of non-payment
v Potential conflictc with distributors
v Extra Cost
v Financial Risk
v Export Licenses and Documents
v Market Information
11. GOVERNING BODIES
• Ministry Of Commerce And Industry
• Directorate General Of Foreign Trade
• Central Board Of Excises Customs
12. In 2014 India exported $292B, making it the 18th largest
exporter in the world. During the last five years the exports of
India have increased at an annualized rate of 12%, from
$165B in 2009 to $292B in 2014. The most recent exports
are led by refined petroleum which represent 18.4% of the
total exports of India, followed by packaged medicaments,
which account for 4.15%.
13. • India’s Export Share In World Trade
2004: 0.8%
2014: 1.7%
• In Leading Exporter India Ranked 19 In The Year 2014
• India’s Import Share In World Trade
2004: 1%
2014: 2.5%
• In Leading Importer India Ranked 12 In The Year 2014
16. TOP EXPORTABLE
COMMODITIES FROM INDIA
• Precious Metals, Gemstones And Pearls
• Mineral Fuels And Mineral Oils
• Vehicles, Automobiles, Spare Parts
• Nuclear Reactor: Machinery And Mechanical
• Organic Chemicals
17.
18. TOP 10 COUNTRIES TO
WHERE INDIA EXPORTS
• USA- Software, Tech, Food, Garments
• UAE- Fruits And Veges, Jewellery, Garments
• Hong Kong- Diamond
• China- Masala, Sea Food, Cotton
• Singapore- Via S, Garments, Food, Shoes
• UK- Garments, Chemicals, Packing Material, Food
• Germany- Automobile Parts, Chemicals, Garments
• Vietnam- Sea Food, Oil, Cotton
• Bangladesh- Cotton, Food, Garments
• Nepal- Rice, Garments, Spices, Spare Parts, Vehicles