Everything You Need to Know About Indian Trade Data

Despite Covid 19, the Indian Trade Market has witnessed a shocking rise and this is directly and positively linked economic growth of the nation. Are you also planning to invest in Indian Trade Data? If yes, then you are making the very right decision in the current situation as various business leaders are earning a lot of profit by investing in Indian Import Export Trade Data. Not only this, but the Import Data Experts also predicted India to become the world’s third-largest importer by 2050. This fact was released by the UK’s Department of International Trade. 

If we talk about the present scenario, then India is positively securing the eighth position in the list of the largest importing nations. A lot of people like you are wondering that how India will manage to position on top in near future. So, let us clear all your doubts!


At Export Import Data, we are offering deep insight to our clients for Indian Import Export Trade Data so that they can give a push to their business to follow the path of success. We always keep ourselves updated with the latest Indian Trade Data that is 100% accurate and verified and then we deliver these verified data to esteemed patrons at a very affordable price that can perfectly fit within their available budget. Shifting from us, we would like to throw some light on how India is soon going to rank on top of the largest importing nations list. So, let’s get started!


How India will Manage to Rank On Top Import Trade Data List?


According to recent reports on Indian Import Export Trade Data, especially food, travel, and IT Services are going to become the major sectors to push India on top of the list of Importing Nations. This is because it is predicted that rich and progressive populations of the indo-pacific region are more interested to invest in discretionary products and services. 


So, investment in these rapidly growing sectors can be a good and wise choice. 


For more deep insight, let’s take a closer look at what percentage of Indian Import Export Trade Data is contributed to the GDP of the Nation in 2020. 


Exports of goods and services (% of GDP): 18.08%


Imports of goods and services (% of GDP): 18.39%


Top 10 Exported Goods:


  • Oil and Mineral Fuels

  • Organic Chemicals

  • Pharmaceuticals

  • Motor Vehicles and Parts

  • Precious Stones & Metals

  • Apparel: Non Knit

  • Industrial Machinery

  • Electrical Machinery

  • Iron and Steel

  • Apparel: Knit


Top 10 Imported Goods:


  • Oil and Mineral Fuels

  • Precious Stones & Metals

  • Electrical Machinery

  • Organic Chemicals

  • Plastics

  • Iron and Steel

  • Industrial Machinery

  • Fats and Oils

  • Precision Instruments

  • Fertilizers


India's quarterly exports cross $100 billion-mark for the first time



Final Words!


We positively hope that after going through this post, you must have already made the very right decision for your business. For more such deep insight on Indian Trade Data, stay tuned with Export Import Trade Data as we always keep our website updated with the latest market trend and data to keep our clients always ahead in the competition. To avail of our data processing services at an affordable price, contact us now!


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