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EXPORT AND IMPORT
TRADE
Presented by
Mr.G.Manoj
Assistant professor
COURSE OBJECTIVE
• To understand the importance of Export to Indian Economy
• To impart knowledge on EXIM trade practices
• To understand the complexities in export pricing
• .To provide knowledge on the financial support available for exports
• To familiarize the students with EXIM documentation procedures
TREND OF EXPORT AND IMPORT
• Total export from India (Merchandise and Services) stood at US$ 528.45
billion in 2019-20, while total import was estimated at US$ 598.61
billion according to data from the Ministry of Commerce and Industry.
Merchandise export stood at US$ 314.31 billion in 2019-20, while
merchandise import touched US$ 467.19 billion in the same period. The
estimated value of services export and import for 2019-20 stood at US$
214.14 billion and US$ 131.41 billion, respectively.
• In 2020-21 (till June 2020), total export from India (Merchandise and
Services) stood at US$ 101.02 billion, while total import was estimated
at US$ 89.31 billion according to data from the Ministry of Commerce
and Industry. India registered a trade surplus of US$ 11.70 billion for the
first time in almost 18 years.
• REASONS FOR INDIA'S POOR SHARE IN WORLD TRADE
• India's export performance is poor. Over the years, since Independence, India's share of the world export trade has
been very low. At present, India's share of the world export trade is 1%. The share of export of other developing countries of
Asia, namely China, South Korea, Malaysia, Singapore and Thailand is much more than of India.
• There are several reasons for poor performance of India's export trade. The reasons or causes can be broadly divided into
two groups, as shown below :
* CAUSES OF POOR SHARE OF INDIA'S EXPORTERS :-
• I. Exporter-Related Problems
Poor Quality
• High Prices
• Inadequate Promotion
• Poor Follow-up of Sales
• Poor Negotiation Skills
• II. General Causes
Poor Infrastructure
• Presence of Good Domestic Market
• Documentation and Formalities
• Negative Attitude of Overseas Buyer
• Problem of Trading Blocs
STEPS TO BE TAKEN TO BOOST EXPORT/IMPORT
• Import Replenishment (REP) Licenses. ...
• Import – Export Pass Book Scheme. ...
• Duty Exemption Scheme. ...
• 100% Export Oriented Units. ...
• Tax exemption on earnings. ...
• Exemption of Sales Tax. ...
• Cash assistance to exporters. ...
• Liberalized Exchange Rate Management System (LERMS)
• Here are the main difficulties that exporters face when trading
internationally and the best approach to have on them!
• Geography and transportation. ...
• Payment methods. ...
• Different legal norms. ...
• Language barriers. ...
• Finding the right importer. ...
• Different customs and cultures.
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UNIT 1.pptx

  • 1. EXPORT AND IMPORT TRADE Presented by Mr.G.Manoj Assistant professor
  • 2. COURSE OBJECTIVE • To understand the importance of Export to Indian Economy • To impart knowledge on EXIM trade practices • To understand the complexities in export pricing • .To provide knowledge on the financial support available for exports • To familiarize the students with EXIM documentation procedures
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18. TREND OF EXPORT AND IMPORT
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27. • Total export from India (Merchandise and Services) stood at US$ 528.45 billion in 2019-20, while total import was estimated at US$ 598.61 billion according to data from the Ministry of Commerce and Industry. Merchandise export stood at US$ 314.31 billion in 2019-20, while merchandise import touched US$ 467.19 billion in the same period. The estimated value of services export and import for 2019-20 stood at US$ 214.14 billion and US$ 131.41 billion, respectively. • In 2020-21 (till June 2020), total export from India (Merchandise and Services) stood at US$ 101.02 billion, while total import was estimated at US$ 89.31 billion according to data from the Ministry of Commerce and Industry. India registered a trade surplus of US$ 11.70 billion for the first time in almost 18 years.
  • 28.
  • 29.
  • 30.
  • 31.
  • 32.
  • 33. • REASONS FOR INDIA'S POOR SHARE IN WORLD TRADE • India's export performance is poor. Over the years, since Independence, India's share of the world export trade has been very low. At present, India's share of the world export trade is 1%. The share of export of other developing countries of Asia, namely China, South Korea, Malaysia, Singapore and Thailand is much more than of India. • There are several reasons for poor performance of India's export trade. The reasons or causes can be broadly divided into two groups, as shown below : * CAUSES OF POOR SHARE OF INDIA'S EXPORTERS :- • I. Exporter-Related Problems Poor Quality • High Prices • Inadequate Promotion • Poor Follow-up of Sales • Poor Negotiation Skills • II. General Causes Poor Infrastructure • Presence of Good Domestic Market • Documentation and Formalities • Negative Attitude of Overseas Buyer • Problem of Trading Blocs
  • 34. STEPS TO BE TAKEN TO BOOST EXPORT/IMPORT • Import Replenishment (REP) Licenses. ... • Import – Export Pass Book Scheme. ... • Duty Exemption Scheme. ... • 100% Export Oriented Units. ... • Tax exemption on earnings. ... • Exemption of Sales Tax. ... • Cash assistance to exporters. ... • Liberalized Exchange Rate Management System (LERMS)
  • 35. • Here are the main difficulties that exporters face when trading internationally and the best approach to have on them! • Geography and transportation. ... • Payment methods. ... • Different legal norms. ... • Language barriers. ... • Finding the right importer. ... • Different customs and cultures.