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UNIVERSITY OF
JAMMU
NAME : DHEERAJ SINGH ANDOTRA
ROLL NO. : 0002MBIB21
SUB. TITTLE :India’s Foreign Trade and Trade Policy
SUB. CODE : PSIBTC221
SUBMITTED TO : Mrs. Neha Sharma
FOREIGN TRADE OF
INDIA
TOPICS TO DISCUSS
• EXPORTS AND IMPORTS
• TRADING PARTENERS OF INDIA
• TOP 10 EXPORT & IMPORT COMMODITIES
• TRADE STATISTICS
• TOP EXPORT & IMPORT DESTINATIONS OF INDIA
• EXPORT PROMOTION SCHMES BY GOVT. OF INDIA
EXPORT
Selling of goods and services from domestic country to another country.
To sell the surplus and to create foreign income.
Can benefit domestic economy.
IMPORT
Bringing of goods or services from another country to
home/parent/domestic country.
To fulfil the demand of lacking goods and services.
Excessive import can have negative impact on country’s economy.
TRADE BALANCE
Trade balance is the difference between the value of a country’s exports
and the value of it’s imports.
LARGEST TRADING PARTENERS OF INDIA
RANK COUNTRY EXPORTS IMPORTS TOTAL TRADE TRADE BALANCE
1 U.S 73.3 40.3 113.6 33.0
2 China 16.61 65.26 81.87 -48.65
3 U.A.E 28.81 30.22 59.03 -1.41
4 Saudi Arabia 6.39 20.32 26.71 -13.93
5 Switzerland 1.21 16.9 18.11 -15.69
6 Germany 8.21 13.69 21.9 -5.48
7 Hong Kong 13.7 20.34 34.04 -6.64
8 Indonesia 4.12 15.06 19.18 -10.94
9 South Korea 4.85 15.65 20.5 -10.8
10 Malaysia 3.71 9.08 16.93 -5.30
11 Singapore 7.72 9.31 16.93 -5.30
12 Nigeria 2.22 9.95 16.36 -11.00
13 Belgium 5.03 8.26 16.33 -5.29
14 Qatar 0.90 9.02 15.66 -13.55
15 Japan 4.66 9.85 15.52 -4.75
16 Iraq 1.00 10.84 15.08 -13.42
17 Kuwait 1.25 4.97 14.58 -12.18
18 U.K 8.83 5.19 14.34 4.30
19 Iran 2.78 6.28 13.13 -4.78
20 Australia 3.26 8.90 13.03 -7.47
21 Venezuela 0.13 5.70 11.99 -11.47
22 South Africa 3.59 5.95 11.72 -3.40
- Remaining
countries
126.78 104.92 231.70 21.86
330.08 514.08 884.16 -184.0
TOP 10 EXPORT COMMODITIES
S.No. COMMODITY PERCENTAGE
1 Petroleum Products 8.8%
2 Drug Formulations, Biologicals 7.1%
3 Pearl, Precious, Semiprecious stones 5.5%
4 Iron and Steel 4.4%
5 Electric Machinery and Equipment 2.9%
6 Organic Chemicals 2.8%
7 Marine Products 2.3%
8 Gold and other precious metal jewellery 2.3%
9 Products of Iron and Steel 2.2%
10 Cars 2.2%
Apr-Nov. 2020
TOP 10 IMPORT COMMODITIES
S.No. COMMODITY PERCENTAGE
1 Petroleum Crude 14.3%
2 Petroleum Products 6.0%
3 Gold 5.6%
4 Telecom Instruments 4.5%
5 Coal, Coke and Briquettes etc. 4.4%
6 Pearl, Precious, Semiprecious Stones 4.3%
7 Electronic Components 4.0%
8 Organic Chemicals 2.9%
9 Vegetable Oils 3.1%
10 Computer Hardware 3.0%
11 Industrial Machinery for dairy 2.6%
12 Iron and Steel 2.5%
Apr-Dec. 2020
TRADE STATISTICS
YEAR EXPORT IMPORT TRADE BALANCE
1999 36.3 50.2 -13.9
2000 43.1 60.8 -17.7
2001 42.5 54.5 -12.0
2002 44.5 53.8 -9.3
2003 48.3 61.6 -13.3
2004 57.24 74.15 -16.91
2005 69.18 89.33 -20.15
2006 76.23 113.1 -36.87
2007 112.0 100.9 11.1
2008 176.4 305.5 -129.1
2009 168.2 274.3 -106.1
YEAR EXPORT IMPORT TRADE DEFICIT
2010 201.1 327.0 -125.9
2011 299.4 461.4 -162.0
2012 298.4 500.4 -202.0
2013 313.2 467.5 -154.3
2014 318.2 462.9 -144.7
2015 310.3 447.9 -137.6
2016 262.3 381.0 -118.7
2017 275.8 384.3 -108.5
2018 303.52 465.58 -162.05
2019 330.07 514.07 -184
2020 314.31 467.19 -158.88
2021 400
TOP 10 EXPORT DESTINATIONS
% Share in Apr-Nov 2020
% Share in Apr-Nov 2019
0
5
10
15
20
% Share in Apr-Nov 2020 % Share in Apr-Nov 2019
TOP 10 IMPORT DESTINATIONS
% Share in Apr-Nov 2020
% Share in Apr-Nov 2019
Series 3
0
2
4
6
8
10
12
14
16
18
% Share in Apr-Nov 2020 % Share in Apr-Nov 2019 Series 3
EXPORT SCHEMES
• RoDTEP (Remission of Duties and Taxes on Exported Products)
• DBK (Duty Drawback )
• RoSCTL (Rebate of State & Centre Taxes and Levies)
• MAI ( Market Access Initiative Scheme)
• Advance Authorization
• EPCG (Export Promotion of Capital Goods)
THANKS

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FOREIGN TRADE OF INDIA.pptx

  • 1. UNIVERSITY OF JAMMU NAME : DHEERAJ SINGH ANDOTRA ROLL NO. : 0002MBIB21 SUB. TITTLE :India’s Foreign Trade and Trade Policy SUB. CODE : PSIBTC221 SUBMITTED TO : Mrs. Neha Sharma
  • 3. TOPICS TO DISCUSS • EXPORTS AND IMPORTS • TRADING PARTENERS OF INDIA • TOP 10 EXPORT & IMPORT COMMODITIES • TRADE STATISTICS • TOP EXPORT & IMPORT DESTINATIONS OF INDIA • EXPORT PROMOTION SCHMES BY GOVT. OF INDIA
  • 4. EXPORT Selling of goods and services from domestic country to another country. To sell the surplus and to create foreign income. Can benefit domestic economy. IMPORT Bringing of goods or services from another country to home/parent/domestic country. To fulfil the demand of lacking goods and services. Excessive import can have negative impact on country’s economy. TRADE BALANCE Trade balance is the difference between the value of a country’s exports and the value of it’s imports.
  • 5. LARGEST TRADING PARTENERS OF INDIA RANK COUNTRY EXPORTS IMPORTS TOTAL TRADE TRADE BALANCE 1 U.S 73.3 40.3 113.6 33.0 2 China 16.61 65.26 81.87 -48.65 3 U.A.E 28.81 30.22 59.03 -1.41 4 Saudi Arabia 6.39 20.32 26.71 -13.93 5 Switzerland 1.21 16.9 18.11 -15.69 6 Germany 8.21 13.69 21.9 -5.48 7 Hong Kong 13.7 20.34 34.04 -6.64 8 Indonesia 4.12 15.06 19.18 -10.94 9 South Korea 4.85 15.65 20.5 -10.8 10 Malaysia 3.71 9.08 16.93 -5.30 11 Singapore 7.72 9.31 16.93 -5.30
  • 6. 12 Nigeria 2.22 9.95 16.36 -11.00 13 Belgium 5.03 8.26 16.33 -5.29 14 Qatar 0.90 9.02 15.66 -13.55 15 Japan 4.66 9.85 15.52 -4.75 16 Iraq 1.00 10.84 15.08 -13.42 17 Kuwait 1.25 4.97 14.58 -12.18 18 U.K 8.83 5.19 14.34 4.30 19 Iran 2.78 6.28 13.13 -4.78 20 Australia 3.26 8.90 13.03 -7.47 21 Venezuela 0.13 5.70 11.99 -11.47 22 South Africa 3.59 5.95 11.72 -3.40 - Remaining countries 126.78 104.92 231.70 21.86 330.08 514.08 884.16 -184.0
  • 7. TOP 10 EXPORT COMMODITIES S.No. COMMODITY PERCENTAGE 1 Petroleum Products 8.8% 2 Drug Formulations, Biologicals 7.1% 3 Pearl, Precious, Semiprecious stones 5.5% 4 Iron and Steel 4.4% 5 Electric Machinery and Equipment 2.9% 6 Organic Chemicals 2.8% 7 Marine Products 2.3% 8 Gold and other precious metal jewellery 2.3% 9 Products of Iron and Steel 2.2% 10 Cars 2.2% Apr-Nov. 2020
  • 8. TOP 10 IMPORT COMMODITIES S.No. COMMODITY PERCENTAGE 1 Petroleum Crude 14.3% 2 Petroleum Products 6.0% 3 Gold 5.6% 4 Telecom Instruments 4.5% 5 Coal, Coke and Briquettes etc. 4.4% 6 Pearl, Precious, Semiprecious Stones 4.3% 7 Electronic Components 4.0% 8 Organic Chemicals 2.9% 9 Vegetable Oils 3.1% 10 Computer Hardware 3.0% 11 Industrial Machinery for dairy 2.6% 12 Iron and Steel 2.5% Apr-Dec. 2020
  • 9. TRADE STATISTICS YEAR EXPORT IMPORT TRADE BALANCE 1999 36.3 50.2 -13.9 2000 43.1 60.8 -17.7 2001 42.5 54.5 -12.0 2002 44.5 53.8 -9.3 2003 48.3 61.6 -13.3 2004 57.24 74.15 -16.91 2005 69.18 89.33 -20.15 2006 76.23 113.1 -36.87 2007 112.0 100.9 11.1 2008 176.4 305.5 -129.1 2009 168.2 274.3 -106.1
  • 10. YEAR EXPORT IMPORT TRADE DEFICIT 2010 201.1 327.0 -125.9 2011 299.4 461.4 -162.0 2012 298.4 500.4 -202.0 2013 313.2 467.5 -154.3 2014 318.2 462.9 -144.7 2015 310.3 447.9 -137.6 2016 262.3 381.0 -118.7 2017 275.8 384.3 -108.5 2018 303.52 465.58 -162.05 2019 330.07 514.07 -184 2020 314.31 467.19 -158.88 2021 400
  • 11. TOP 10 EXPORT DESTINATIONS % Share in Apr-Nov 2020 % Share in Apr-Nov 2019 0 5 10 15 20 % Share in Apr-Nov 2020 % Share in Apr-Nov 2019
  • 12. TOP 10 IMPORT DESTINATIONS % Share in Apr-Nov 2020 % Share in Apr-Nov 2019 Series 3 0 2 4 6 8 10 12 14 16 18 % Share in Apr-Nov 2020 % Share in Apr-Nov 2019 Series 3
  • 13.
  • 14. EXPORT SCHEMES • RoDTEP (Remission of Duties and Taxes on Exported Products) • DBK (Duty Drawback ) • RoSCTL (Rebate of State & Centre Taxes and Levies) • MAI ( Market Access Initiative Scheme) • Advance Authorization • EPCG (Export Promotion of Capital Goods)