Export Import Data Provider

Import and export of goods and services are the two cornerstones of international trade. Every year India imports various commodities from around the world for its domestic consumption. It exports processed goods and raw materials to different parts of the world. Trade contributes to India’s economy. According to Exim data India , India’s global export rank is 18, and import rank is 10. We learn India imported over 4343 products from 220 countries. It exported 4450 products to 222 countries around the world.  Import export data is a vital piece of market intelligence that allows international traders to make their business plans based on concrete data, collected from port authorities. Our website is easy to navigate database that allows them to view each year. Traders can see changing customer preferences, the time required for shipping products. They can see the countries that trade with India and the changing dynamics between India and its trade partners. India export import data s

India had a protective economy, it became open to international trade after 1991. The economic reforms of 1991 deregulated import licensing. Traders could now import intermediate inputs and capital goods easily. The Indian economy improved considerably, and India is ranked 3rd in terms of PPP. The available import-export information in India shows that presently international trade is 43.3% of India’s GDP. Imports of goods and services were 21.36% of the GDP in 2019, and exports of goods and services were 18.86%. The trade data revealed international trade in India as a percentage of 32.5%. Our experts create the Exim data based on information collected from the import-export activity at the main custom ports (seaport, airports, and ICD) of India. The comprehensive database contains genuine shipping records.  Exim data India is used by importers, exporters, logistics companies, investors, attorneys, and government agencies. It can give business owners a deeper understanding of the va

Import is goods or services that are brought into the country from another country. Goods can be shipped, on planes, or by road. Importing goods and raw materials from another country reduces product costs or get higher quality products. It can give countries access to resources unavailable in their country. The trade agreements between the two countries help make import imports easier. Import data of India shows that GDP is 23.64% of India’s total GDP. Indian import data is collected from customs, ports, and other reliable private and government bodies around the country. Imports data of India contains comprehensive information such as:- • Indian importer with contact details • Date of shipment • Product description and corresponding HS Code • Unit Rate in INR and USD • Quantity and Unit quantity • Port of Origin and country of origin • Port of destination • Transportation mode • Contact details of foreign exporters So this import shipment data is one of the best

Exports are when a country sells goods or services to another country. Exports contribute to the economy and provide employment to the country. Companies increase their profits by increasing their market exposure. India’s export data showed that exports of goods and services were 18.66% of the GDP in 2019. This data keeps traders updated about Indian exports. The export data is collected from custom ports (seaport, airports, and ICD). The exports data of India is collected as the bill of entry and shipping manifest submitted to customs officials. This data contains the following details of custom export shipment data : • Date of shipment • Product description and HS Code • Destination country and port of destination. • Exporter name, address • Unit and total quantity • Value and per unit value of the shipment • Mode of shipment According to India Export Data 2020 , in November 2020 India’s exports decreased by 9.07% as markets ongoing to be affected by Covid-19. Exports

Governments across the world require revenue to implement infrastructure projects and welfare schemes. Direct and indirect taxes are revenue sources for the government. Customs duty is an indirect tax charged on goods when the goods across international borders. Besides earning revenue, the customs duty helps to protect India’s economy, citizens, jobs, and the environment by controlling goods entering and leaving the country, especially for restricted and banned products. Customs duty prevents other countries from dumping products and harming the local economy. According to customs data India , the government collected Rs. 1.55 lakh crore in 2019-20 surpassing the target of Rs. 1.12 lakh crore. Custom data of India helps global importers and exporters. It provides accurate and up-to-date statistics of the export-import business in the country. International traders base their business plans and projections on the data.  The Indian customs data is collected from the bill of the entry

The importers must know the correct HS code of their business products, which they wish to import from international trade participating country. It will be a little bit difficult to memorize the HSN codes , as they are more than 5000. Here, there is a code for every product in international trade. They are easy to recognize by the customs department.  Hence, it is advisable to check exportimportdata.in, which has a customs information database. It will be helpful for anyone new in the trading business. In this way, you can avoid paying EXIM experts and advisors. HSN Code or harmonized system of nomenclature is a numerical standard followed in international trading. The World Customs Organization or WCO has set this standard to enable goods movement with proper classification and tariff. Here, HS codes represent numeric six to ten digits that are dealt with in an international shipment. For example, if you wish to import garments, the HS code will be 6309. Here, you can find other s