Import Export Data - Shipment Data of Indian Customs

India has always been in the limelight for exporting various items to different countries. If we consider the demographics of India export data country-wise in the pre-independence era, the prime importer of Indian goods was Britain. But with time, the trends have changed. A large part of the workforce is engaged in agriculture and a large portion of Indian exports consists of various agricultural products, India is also known for exporting pearls, jewels, mechanical appliances, and many more. So to understand the behavior of Indian exports, we need to list all the significant details related to this. Let’s discuss the same in the upcoming sections of this blog. Export opportunities in India If we study the India export data year wise and the contribution of exports in the GDP, a significant hike is observed. In 1960, it contributed to 4.46% of the GDP (with a value of $1.65B). In a decade, the contribution declined to 3.78% of the GDP, but the value accounted for $2.36B, which was a...

India is in South Asia. India’s economy improved tremendously after it liberalized its economy in 1992. India’s GDP in FY21 was 2.71 trillion USD. India has attracted foreign investment around the world because of its large qualified population. India’s domestic market is well developed and extremely competitive. As per import-export data India exports 7500 products to 190 countries around the world and 6000 products from 140 countries.  Import-export data India helps traders involved in importing or exporting commodities formulate their business strategies. The data helps them understand changing trading patterns and predict customer preferences. Buyers and sellers can explore the database to look for alternative markets to purchase or sell their products. They decide their price and volume strategy for the product they trading in based on information in the database. They can monitor their competitors and customers.  According to Indian export import data , the top trading...