India is regarded to have the highest population percentage after China. It is taking its position among the emerging countries of South Asia to become the most important trader in the international trade market. Exports Data India mostly complies with custom bill entries, lading bills, ports, and other information of government authorities in India. Along with these, records of the sea and air shipments, names of Indian seaports, ICDS are also mentioned.
The total value of Indian exports that could be initialized was approx. 323 billion dollars in 2019. Among the top exporters of the world, India stands in the 18 position where the most exported product is mineral fuels and oils. India Export Data mainly comprises of:
- Description of the product being exported
- HS Code of the product
- Category and brand of product
- Shipment details
- Origin port
- Mode of transportation
- Net weight
- Quantity of product along with the value
- Shipment mode.
The export data is based on various details of shipment. From these details, the Export data with Exporter Name could be acquired. Maini Precision Products P Ltd of Bangalore exported parts of mechanical appliances of 1736 pcs with an export FOB value of 115,879.00 INR to the USA. The destination port was Detroit and the origin was from the Madras Sea. The mode of shipment used was Sea.
The top exports that India makes as per Indian export statistics include pearls, precious stones of $36.7 billion, mineral fuels & oils of 44.5 billion dollars, industrial machinery of 21.3 billion dollars, vehicles of 17.4 billion dollars, and organic chemicals of around $18.2 billion in the total exports. Mineral fuels and oils are indeed the most in-demand exported items, while garments and clothes are now the most in-demand.
According to India's trading relations in exports, the USA ranks at first. In 2019 exports of India to the USA recorded a share of around 5.3% that is $54.3 billion and is regarded to have the highest value. Next is followed by UAE with 9.1% share, China with 5.3%, and so on. The reason that the USA is the ranks at the top is that most of the edible items like meat, live animals, fish, and dairy products are mainly exported from India. And due to this USA relies mostly on India for its imports of products to meet its people’s demands. Indian export data can be the best tool to analyze the market for any international buyers and suppliers.
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