Find Importers in India from Importers Data India

By

India is in South Asia. It has a large and diverse population. India has progressed tremendously in the last twenty years. It is a fast-growing economy and attracts investments all over the world. India is heavily dependent on imports and has a large trade deficit. The imports data India shows it imports over 6000 products from 140 countries around the globe. 

 International traders use Indian import data for comprehensive market analysis and make data-driven decisions. They can get the latest information about the market share of the product. Importers and exporters use the data to grab market share. They can study the shipment volume and price strategy of the business leaders. Traders examine India import data to discover market trends. They can examine the database and learn about other suppliers used by their clients. They can find opportunities to diversify into other products.

India import data shows that India imported goods worth 389.18 billion USD from April 2020 to March 2021. The import in the financial year was 18.02% lower than imports in 2019-20 when India imported goods worth 479 billion USD. The lower imports were attributed to the global pandemic. 

 India import data shows India top imported products were:-

  • Mineral oil, fuels, and wax (28% of total imports)
  • Electrical machinery and appliances (11.5% of total imports)
  • Pearls, precious and semi-precious stones, precious metals, and jewelry (11.1% of total imports)
  • Nuclear reactors, boilers, and mechanical machinery and equipment (9.64% of total imports)
  • Organic chemicals (4.93% of total imports)

India imports 83% of oil requirements every year, but in 2020-21 oil imports declined by 37%.

As per imports data India, the top import partner of India are:-

  • China (58 billion USD)
  • The United States (26 billion USD)
  • United Arab Emirates (23 billion USD)
  • Saudi Arabia (17.7 billion USD)
  • Iraq (16.1 billion USD)

China is India’s largest import partner. Imports from China are more than the combined imports from the United States and the UAE. The imports data India showed that imports from China fell by 10.8% showing the lowest import figure from 2016. 

The Indian Trade data shows India’s largest importers are:-


  • Reliance Industries Ltd
  • Indian Oil Corporation
  • Bharat Petroleum Corporation Ltd
  • Adani Enterprises Ltd
  • Vedanta Group

 

 

Popular posts from this blog

Export Import Shipment Data: A Key to Success in EXIM Business!

By
Image
Every Indian trader is in the race to be ahead of its fellow traders in the business world. Each one has the urge to see their business flourishing day by day. When it comes to foreign trade including Indian export and import , it becomes more important to focus on all small details that are crucial for business. With the share of the profit coming from the export of the Indian commodities and going in the national treasury, the Indian government is also showing great interest in the export and import business of India. Therefore, to have an error-free trade, the trading community requires a top-quality India import export data . Export import shipment data give a competitive edge by serving the traders in the best possible ways. The EXIM data contain complete shipment details of the products traded via seaport, airport or ICD including information like the specification of products, value, and prices of products, quantity, and quality of products. Also, import export...
Read more

Indian Customs Data: Enhance Trading Business in India

By
Image
Before starting an import-export business in India, you need to have details about shipments which arrive in and leave from the country. To successfully run business, it is required to have appropriate and updated shipping information & trade statistics of the country. And to collect Indian trade statistics or figures, Indian Customs Data would be a great solution. This is a market analysis and research report that helps to examine the current market trends, scenarios, and ups & downs. It has detailed records of products which are imported in and exported from India. It is extremely important and plays an integral role in the global trading scenarios. This source is very useful for Indian importers/exporters and international importers/exporters to execute an in-depth study on the Indian marketplace. It reveals the actual value of Indian imports and exports. If one wants to trade in and from India then he/she needs Indian Customs Data that should be authentic a...
Read more

Import Export Data Report: A Key to Your Business Success!

By
Image
Today’s global economy has constantly been achieving the new heights as two-sided universal trade is taking place all around the world. For operating worldwide trading transactions, it is important to know about the customs duties, export taxes, excise duties, import taxes, export products, and import products. Most of the firms easily manage these transactions as well as the collection of these duties and taxes while others face complexity. In order to lessen complexity faced by people all around the globe, market research sources like Export Import Data Solutions provide online services like Import Export Data . Well, this trade data has all the required information that one needs. Many products are traded in the global marketplace every single day. Nowadays, it has become important to have details like which products are mostly import/export , at which price, at what amount, etc. Export Import Data is what that gives all these details along with a clear picture of the current ...
Read more