India Export Data – Trade Export Shipments of India

by Seair exim Import Export Data

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:-