Import Export Data India Analysis – A Useful Information Base for Overseas Trading
Indian country has a growing and strong economy. It has unlimited business and trading opportunities that attract small to multinational business companies across different industries. Gifted with long coastline, the country has numerous active ports that play an import role in shipping and receiving goods. To have a deep understanding about trading opportunities, import and export data report can be useful information base. Import and export details will help you to know about several vital facts for your business.
The country purchases a variety of goods from different countries across the world. In the year of 2015, India imported huge quantity of products that account approximately 390 billion US dollar worth. Oils, gems, precious metals, machinery, organic chemicals, iron, steel, animal and vegetable fats, fertilizers, and medical and technical equipment are the top purchases in the country. Oils, gems, and precious metals together account around 40 percent of total. Cereals, sugar, vegetable products, beverages, oil seeds, headgear, coffee, tea, spices, and aircrafts are the fastest growing products. China, Arabia, Switzerland, Indonesia, and Korea were the top foreign importers in the previous year.
Ranked as the third richest nation in the world, India exported huge quantity of goods that account approximately 264 billion US dollar worth. The top products include gems and precious metals, oils, vehicles, machinery, pharmaceuticals, organic chemicals, clothing, electronic equipment, and cotton. Gems, precious metals, and oils together account around 40 percent of total. Nickel, umbrella, wood pulp, tin, cocoa, arms and ammunition, planting products, ceramic products, milling products, and artificial fur are the top growing products. The United States of America, UAE, Hong Kong, China, UK, and Singapore are the top buyers of the country.
This is a brief overview of Import Export Data India in the year of 2015. A comprehensive report will offer various other useful information that you can use for analyzing market trends and planning business operations. To get Export Import Data in an appropriate format, you can contact with an online service provider. There are several online data agencies available. They provide you the required business transaction data online also at the minimal charges. Any query please Visit our site: – http://www.cybex.in/