International trade involves the exchange of goods and services between countries. It impacts jobs, consumption, poverty reduction, natural resources, and fashion. Key terms include exports (goods sold abroad), imports (goods purchased from other countries), trade deficit (when imports exceed exports), and trade surplus (when exports exceed imports). International trade is important but faces political, war-related, and regulatory risks. For India specifically, trade has been important to its economy since exporting textiles and spices after independence, though it imports more (crude oil, machinery, etc.) than it exports (engineering, textiles, precious stones, etc.).

1. IINNTTEERRNNAATTIIOONNAALL
TTRRAADDEE
Sayed Eqbal 120633

2. WWHHAATT IISS IINNTTEERRNNAATTIIOONNAALL TTRRAADDEE??
THE EXCHANGE
OF GOODS &
SERVICES
BETWEEN
COUNTRIES.

3. IINNVVOOLLVVEESS AA LLOOTT OOFF TTHHIINNGGSS LLIIKKEE::
+ JOBS + CONSUMPTION
+ THE FIGHT AGAINST
POVERTY
+ NATURAL RESOURCES
+ FASHION

4. Some terms……
EXPORTS – Goods or merchandise that are sold to other
countries in order to earn dollars.
IMPORTS – Goods or merchandise bought
from foreign countries.

5. TRADE DEFICIT – Occurs when value of a nation’s export
is less than the value of its imports.
Exports < Imports
TRADE SURPLUS – occurs when value of nation’s export
is greater than the value of its imports.
Exports > Imports

6. IImmppoorrttaannccee

7. Limitations
1.Political Risk.
2.War and Uncontrollable Events.
3.Regulatory Risk

8. International
Trade in INDIA

9. 1. Backbone of the Indian economy.
2. Textiles and spices were the first products to be
exported by India.
3. The Indian trade scenario evolved gradually after
the country’s independence in 1947.

10. IMPORTS
India’s major imports
comprise of crude oil
machinery, military
products, fertilizers,
chemicals, antiques
and artworks.

11. US $ 38242.96 million (Rs.228427.88 crore)

12. EExxppoorrttss
Engineering and textile
products, precious stones,
jewelry, sugar, steel
chemicals, zinc and leather
products.

13. US $ 26479.72 million (Rs.158165.21 crore)

14. Thank you