Indian Import Data: Valuable in International Business Trading

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Indian Import Data

India in South Asia is one of the largest countries in the world. India has historically traded with Europe, Asia, and Africa. After independence from British India had a closed economy, there was a huge surcharge on imported products. In 1991 the economy was liberalized, India’s economy improved tremendously. According to import data India, India imports 6000 commodities from 140 countries. Imports of goods and services were 23.64% of India’s GDP. 

Import data India is created from documents (bill of lading, invoices, shipping manifest) collected from customs authorities, port authorities, shipping companies, and trade bodies. Some of the information present in the database is as follows:-

• Date

• HS Code and Product description

• Unit Quantity and total quantity 

• Shipment value

• Importers name and contact details

• Port in India

• Country and port of Origin

• Transportation mode

According to Imports data India, 95% of commodities are imported through ports in India. India has a long shoreline. There are 13 major seaports in India. Other types of ports are ICD and airports. The main seaports in India are:-

• Nhava Sheva Port 

• Port of Mundra

• Chennai Port

• Kolkata Port

• V.O Chidambaranar Port

Tuglakabad is the busiest ICD port in India and Indira Gandhi International airport is the busiest cargo airport in India.

Indian Import Data shows that India imported goods worth 42.6 billion USD in December 2020. Imports in December 2020 reached the highest level since May 2019. The lowest imports in 2020 were recorded in April when India imported goods valued at 17.12 billion USD. 

According to India Import Data, top commodities are:-

• Mineral fuel

• Gems, precious metal

• Electrical machinery and equipment 

• Machinery including computer

• Organic chemical

Analyzing the Indian Import Data, the top import trade partners of India are:-

• China (16% of total imports)

• The United States of America (6% of total imports)

• The United Arab Emirates (6% of total imports)

• Saudi Arabia (5% of total imports)

• Switzerland (5% of total imports)

Examining the importers data, we learn the top importing companies in India are:-

• Reliance Industries Ltd.

• Indian Oil Corporation

• Bharat Petroleum Corporation Ltd

• Adani Enterprises

• Vedanta Corporation

Search import export data India 2020 at the website portal of Export Import Data Solutions. We provide 100% genuine and updated customs import data at very fair prices. This import shipment data has details such as importer name, product description, hs code, quantity, price, shipment date, Indian ports name, exporting countries name, bills of lading, etc.



Read also: India Export Data Yearwise

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