Buy Certified India Import and Export Data of Top Importers Exporters in Global Trade!

Foreign trade includes all the import and export transactions from India. Foreign trade comes under the purview of the Ministry of Commerce and Industry. The ministry takes policy decisions that impact India’s import and export data. Foreign trade is not new, ancient India had trade relationships with several nations such as Egypt, Persia, China and Portugal. Today foreign trade forms a vital part of the GDP. We generate a huge amount of data at each port of entry and exit.  Exporters, importers, traders, bankers, and policymakers use Indian export and import data to predict and analyze the Indian market. 

The Exim data India or Export import data India is collected from shipping companies, government agencies, and customs agencies around India. The information collected is based on shipment data in the Bill of Entry filled at the port. The bill of entry contains the following information: -

• Product Information – description, quantity, price, and HS or Harmonized Code of product. Each product has a unique harmonized code. 

• The name of the importer with their contact details

• The name of the exporter with their contact details

• Shipment date

• Country and Port of origin

• Country and port of destination

• Mode of shipment (air or sea)

Close monitoring of the export import shipment data can help businessmen understand international trade patterns and opportunities in markets. If we analyze the India import and export data, we can find some interesting statistics. India’s top imported items were:- 

• Mineral fuels including oil

• Gems and precious metals)

• Electrical machinery and equipment

• Machinery including computer

• Organic chemicals

India’s imports grew by 10.14% amounting to $514 billion. China and the US remained India’s chief importers.

India’s top exported items are:- 

• Mineral fuel including oil

• Gems and precious metals

• Machinery including computer

• Vehicles

• Pharmaceuticals

The shipment data showed export to Europe and America rose while those to Asia declined. This Indian export import data helped exporters/importers make a comprehensive marketing plan. 

We can tabulate the Exim data India over the years. Both exporters and importers can use data as a basis of market research and find data about potential buyers, sellers, and competitors. Global competitiveness has increased, and we need to be armed with information to compete armed with as much information as possible to make informed choices and decisions.

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Created on Feb 7th 2020 03:05. Viewed 563 times.

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