Which country does india exports the most?

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 almost double. After this year, there was no backstep as the contribution towards GDP and the amount increased without a downfall. But after 2015, there was a decline in Indian export data to various issues. But the value of exports was quite high, and in 2020, it was $474.15B. That signifies the endless opportunities of this sector of the economy.

India export data 2020 & 2021

Export data for 2020

The overall exports in 2020 (till September 2020) were around $221.86B.

India’s top 5 exports in 2020

  • Mineral fuels – 9.2% (amounting to $26.9B)
  • Gems & precious metals – 8.96% (amounting to $26.1B)
  • Pharmaceuticals- 6.64% (amounting to $19.4B)
  • Mechanical appliances – 6.49% (amounting to $18.95B)
  • Organic chemicals – 6.15% (amounting to $17.95B)

Top 5 destination for exports in 2020

  • USA – 16.95%
  • UAE – 9.21%
  • China – 5.3%
  • Hong Kong – 3.5%
  • Singapore – 2.85%

Export data for 2021

India’s overall exports were around 312.47B, and after comparing this Indian exports list of data year wise, it clearly shows positive growth. There are multiple reasons like investment in biotechnology, new governmental schemes to boost exports, and many more.

India’s top 10 exports that observed a positive growth in 2021

  • Coffee (62.55%)
  • Cashew (49.4%)
  • Petroleum products (47.91%)
  • Cotton yarn/fabrics/handloom products etc. (40.5%)
  • Engineering goods (36.83%)
  • Organic & inorganic chemicals (29.65%)
  • Man-made yarn/fabrics (26.49%)
  • Electronic goods (26.33%)
  • Other cereals (21.18%)
  • Fruits & vegetables (21.13%)

Though these commodities observed a hike, it is not necessary that these will be the top exports of the year.

Top 5 destinations for exports in 2021

  1. USA
  2. China
  3. UAE
  4. Bangladesh
  5. Singapore

After analyzing compiling the information from the report of India export-import data year wise, it was clear that the ranking of the destination changed because of the change in demand. Such types of global trends can be interpreted with similar statistics.

More ways to discover trade opportunities

Herein we discussed our conclusion on the basis of India export products data 2020 & 2021. You can further analyze the data according to the commodity or country. But getting the required information in one place is not an easy task. If you are looking for the simplest way to access India export data country-wise or India export-import data year wise, then you can contact Seair Exim Solutions. You will get an interface to access 100% authentic indian traders data from around 80 countries. It will help you to understand the best destinations for trading and even the organizations that may be willing to join hands with you.

Comments

Post a Comment

Popular posts from this blog

All kind of data for used in growth

https://list.ly/list/67lA-import-export-data-indian-export-import-shipment-data-seair https://slashdot.org/submission/14319143/india-export-data--indian-export-data--exporters-data-india https://www.reddit.com/user/sakshikhannaa/comments/oz08pb/india_export_data_indian_export_data_exporters/ https://papaly.com/categories/share?id=2f1b783b2ace484ca77b88269d6ab9fb https://papaly.com/User534328/9ezdK/Tutorial https://slashdot.org/submission/14337953/india-import-data-indian-import-data-importers-data-india https://www.reddit.com/user/sakshikhannaa/comments/p0yenw/india_import_data_indian_import_data_importers/ https://papaly.com/User534328/9ezdK/Tutorial https://slashdot.org/submission/14343583/indian-traders-database-export-import-companies-data-list-buyers-and-suppliers https://www.reddit.com/user/sakshikhannaa/comments/p1jg3s/indian_traders_database_export_import_companies/ https://papaly.com/User534328 https://www.reddit.com/user/sakshikhannaa/comments/p2y376/shi
Read more

All Import Export Data Information to help You to Growth your Business

https://www.reverbnation.com/sakshi36 https://dribbble.com/sakshikhanna/about https://www.quora.com/profile/Sakshi-Khanna-171 https://www.behance.net/sakshikhanna3 https://www.wattpad.com/user/sakshikhannaa https://www.producthunt.com/@sakshi_khanna https://knowyourmeme.com/users/sakshi-khanna https://www.ranker.com/writer/sakshikhannaa http://www.authorstream.com/sakshikhanaaa/ https://www.amazines.com/view_author.cfm?authorid=1326869 https://coub.com/sakshikhanna https://pbase.com/profile/sakshikhannaa https://issuu.com/sakshikhannaa https://scholar.google.co.in/citations?hl=en&user=yMOD3CYAAAAJ https://www.goodreads.com/user/show/139378343-sakshikhanna https://www.4shared.com/u/pvcq4Lzi/sakshikhannaa4.html https://www.photoblog.com/sakshikhannaa/ https://www.deviantart.com/sakshikhannaa https://imageshack.com/user/sakshikhannaa https://imgur.com/user/sakshikhanna/about https://2event.com/events/1864355#/ https://sakshikhanna.imgbb.com/ https://www.zotero.org/sakshikhannaa https:
Read more

Agencies in export and import value chain engaged in the design of early warning mechanisms.

Image
Ghana agencies involved in the export and import value chains have been engaged in discussions to improve the existing Ghana-European Union (EU) early warning mechanism under the Economic Partnership Agreement (EPA). The aim of the discussions is to develop a more effective system for generating and disseminating timely and meaningful warning information to exporters and other stakeholders in the value chain. The current early warning mechanism is not always able to provide timely and accurate information on potential trade barriers, such as import bans or product recalls. This can lead to exporters losing market share or incurring financial losses. The new system is expected to be more proactive and responsive, and will help to ensure that Ghana exporters are better prepared to meet the requirements of the EU market. The discussions were led by Compete Ghana, a government agency that promotes trade and investment. The other agencies involved included the Ghana Chamber of Commerce and
Read more