Indian export-import data for better trading with India
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International trade is an integral part of India’s economy. India was closed protected economy after independence. In 1991 India opened up its economy also called liberalization. Import restrictions were eased and foreign investment was allowed. According to Indian export-import data, the export of goods and services was 18.66% of GDP, and imports of goods and services are 21.36%. India is the 18 largest exporter in the world and the 10th largest importer in the world.
We create Indian export-import based on information collected from customs port (seaports, airports, and ICD) across India. The database is compiled from government authorities, trade associations, and shipping companies. Typically Indian export-import data contains the following information:-
- Date
- HS Code
- Product description
- Quantity and the total shipment
- FOB
- Importers with contact details
- Exporters with contact details
- Country of origin and port of origin
- Country of dispatch and port of dispatch
- Transportation mode
India export-import data shows the largest trade partners are:-
- The United States
- China
- The UAE
- Saudi Arabia
- Switzerland
Indian import-export data shows the trade deficit in December 2020 was USD 15.44 billion. The trade deficit saw the largest jump since November 2018. The trade deficit between April to December 2020 was USD 57.5 billion, the trade deficit was 126 billion in the same period in 2019.
Indian import-export data gives access to over 300 million records online. The database covers trade with over 200 countries around the world. Importers and exporters can make comprehensive business plans based on real data. Traders can find new buyers or sellers, or find alternative markets to purchase or sell their products. Traders can study their competitor's pricing strategies. The data is updated daily allows importers and exporters to examine trends and predict changing customer preferences.
Indian import-export data shows that India imports goods worth USD 42.59 billion and exported goods worth USD 27.15 billion. The maximum exports were reported in September 2020, with exports valued at USD 27.85 billion, and minimum exports were recorded in April when India exported USD 10.36 billion worth of commodities. The minimum imports in 2020 were recorded in April with imports amounting to USD 17.12 billion, and the maximum imports were recorded in December 2020.
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