How to Easily find Import and Export data
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 partners of India are:-
- China
- The United States of America
- United Arab Emirates
- Saudi Arabia
- Iraq
- Mineral fuels, oils, and waxes (104 billion USD)
- Electrical machinery and appliances (42 billion USD)
- Pearls, precious and semi-precious stones, precious metals, jewelry (41 billion USD)
- Nuclear reactors, boilers, mechanical equipment. (35 billion USD)
- Organic chemicals (16.1 billion USD).
India’s top exported goods in 2020-21 were:-
- Petroleum oil (26 billion USD)
- Pharmaceuticals products (16.6 billion USD)
- Diamonds (15.2 billion USD)
- Rice (7.98 billion USD)
- Jewelry (7.65 billion USD)
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