Get Import Data with Buyer Name and with all the Statistics
Import Data India are the two parts of global trade. Goods imported from another country are known as imports. Export refers to the sale of products made in one country but sold in another. Imports and exports can be done by private individuals, businesses, and even the government. Both endeavors enhance the nation’s gross domestic product. According to data on import-export trade in India, imports of goods and services contributed 23.64% of the country’s GDP, while exports accounted for 19.74%.
Export import data commerce is compiled from information provided to customs officers at ports (airports, seaports, and land ports), as well as by port authorities, ships, and logistical firms. The following data can be found in the database:-
● Product Information and HS Code
● Unit Volume and Gross Quantity
● Price per unit and overall price (USD)
● mode of transportation
● Contact information for importers and exporters, foreign ports.
Any international trader who wants to develop their yearly projections and marketing strategy must have access to import data.
The database can be used by importers and exporters to connect. The information can be utilized to research current marketing trends and identify potential shifts in consumer preferences.
The database can aid dealers in more effective bargaining or competitive pricing of their goods. New markets can be discovered by traders to buy or sell their commodities. The database could support corporate diversification.
Bankers can utilize the database to locate new customers who offer services to international traders, such as logistics and shipping firms.
Data on import-export trading India reports that 480 billion USD worth of goods were imported overall in 2019. The total value of merchandise exported in 2019 was 322.8 billion USD. In 2019, there was a negative trade balance of 189.69 billion USD. India saw a 0.87% increase in commerce compared to a 3.5% global average. India’s economy ranked fifth in terms of GDP in 2019 according to import-export trade figures. India ranked as the world’s 10th largest importer and 12th largest exporter.
India’s imports decreased by 19.6% from a comparable period in 2019, according to Import Data India. In September 2020, imports totaled 30.31 billion USD.
In April 2020, imports plummeted to 17.12 billion USD as a result of a drop in demand brought on by the epidemic. In recent years, the primary imports were:
● Bituminous materials, mineral oils, and waxes (27 percent of all imports)
● Jewelry, pearls, and precious and semi-precious stones (all 14%)
● Electrical machinery and apparatus (ten percent)
● Machinery, boilers, and nuclear reactors (8%).
● (4%) Organic chemicals
India’s export statistics reveal that from September 2019, shipments increased by 5.3%. In September 2020, commodities were exported for a total of 27.4 billion USD. The exports for April 2020 fell to 10.36 billion USD. In recent years, the leading exports were:
● Jewelry made of pearls, precious and semi-precious stones, and other materials (16% of all exports)
● Bituminous compounds, waxes, and mineral oils (12%)
● Vehicles, accessories, and parts (5%)
● Pharmaceuticals (5% of total)
● Organic substances (4%)
India’s top provider of import, export, and trade data is Export Import Data Solutions. It delivers up-to-date, entirely real, and trustworthy information about Indian customs shipments. Get world-class trade data India with our exclusive import export database. Connect with our team of specialists and get detailed analysis and reports of the new trade market. We offer a wide range of services that can help you get the most out of your business. Learn more about our services and how we can help you grow your business.
