India Trade Data
Over the past few decades, there is a rapid growth in
world trade. India has entered into the trade business with various countries
across the world intending to boost its external trade through exports and
imports. Indian Foreign Trade Policy always aimed to put the focus on enhancing
the country's global share in merchandise trade. To boost the trade practices
in India, the Indian Government has been taking some important measures such as
adopting additional policies and procedures that will be beneficial to
facilitate both exports and imports with the other countries of the
world.
India
has now become one of the fastest developing economies in the world with the
help of Trade Import Data and Trade Export Data. According to the Global trade
analysis, India stands at 3rd position in buying power parity in the world
which makes it the largest importer of goods/products and services. Gold,
silver, precious stones, electronic products, and petroleum products are the
top imports of India. As per the India Trade Data, the top exports of India
include gems, jewelry, textiles, petroleum products, and agricultural
products.
Trade
import data and trade export data consist of some facts and figures related to
trade data India, along with some statistics that tells everything about the
Indian trade business. India Trade Data analysis says that to enhance the
Indian Trade all over the world it is important to know what is importing and
exporting, the best ways to import and export, how to balance the import and
export practices and what should be the amount and value of the shipment, etc.
India import data and India export trade data carry a piece of wide information
about the import and export practices of India. India Trade Data also helps in
doing in-depth research on the Indian marketplace.
Trade
Data India -
- As per the India trade data
analysis of 2017, India consists of the total export of 294,364,490.16 in
thousands of US$ along with the total imports of 444,052,353.84 in
thousands of US$ leads.
- Customs duty for India is
5.78%.
- The MFN (Most Favored Nation)
or the weighted average tariff is 6.85%.
- As compared to the world growth
of 1.50%, the trade growth of India is at -1.10%.
- Currently the GDP of India is
2,600,818,243,559.65 in US$.
- The Services export of India is
185,294,014,276.93 and services import is 109,371,141,905.17 both in Bop,
US$.
- As a percentage of GDP, India's
exports of goods and services are at 19.05% and imports of goods and
services are at 22.03%.
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as a team of highly knowledgeable data analysts collect filters and manage the
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