India Export Data – Trade Export Shipments of India
India is in South Asia has the second-highest population in the
world. India has a large and diversified economy. India had a protective
economy for several years. After 1991 India’s economy opened up and India
became more open to foreign trade. Currently, international trade is 43.3% of
the GDP. India export data shows exports of goods and
services is 19.74% of the GDP. According to export data India,
India’s export of commodities from April to December 2020 was 200.8 billion USD
showing negative growth of -12.65% compared to exports last year.
India export data shows exports in December were 27.2 billion USD. The
data showed commodities like cereals, oil meal, iron ore, and cereal
preparation showed a jump in exports. Meanwhile export of commodities such as
petroleum products, oilseeds, leather, and coffee showed a decline.
Businesses have become extremely competitive. Traders need to
develop a comprehensive business plan to help their business grow. Export
data India gives concrete actionable data. The database allows traders
to monitor the strategy of their competitors and business leaders. They can
examine the data to find new products to diversify their portfolio. The
information allows traders to find new business partners and new markets to
procure or sell their products.
We learn India’s top export commodities from export data
India are:-
- Refined
petroleum products
- Gems
and precious stones
- Machinery
and mechanical appliances
- Organic
chemicals
- Vehicles
There are some interesting facts we can learn by examining
the export data India. India imports large quantities of
crude oil, India is a net exporter of refined petroleum. India is one of the
world’s leading exporters of gems and precious stones in the world. Tata,
Nissan, Ford, Hyundai, and Maruti are some of the leading exporters of vehicles
in India. The top markets for organic chemicals are the USA, China, Indonesia,
Malaysia, and Brazil.
India Exporters Data shows the top
exporters in India:-
- Reliance
Industries
- Tata
Motors
- Indian
Oil
- ITC
- Bharat
Heavy Electricals.
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