India is the largest country in South Asia. India’s economy is called middle-income developing financial system. India has been trading commodities for centuries. India has historically exported spices and textiles. According to India export data, India exports more than 7500 commodities to approximately 190 countries.
India Export data shows exports in November 2020 were valued at $23.52 billion. The exports showed in September 2020 showed a slight recovery with exports amounting to 27.58 billion USD, while exports in October 2020 were valued at $24.82 billion. The lowest exports of 2020 were recorded in April 2020 when India exported only $10.36 billion.
Indian export data is a consolidated database based on information collected from all the customs ports across the country (seaports, airports, ICD). The data is compiled based on documents like shipping manifest, bill of lading, and invoices submitted to customs authorities. The database is useful to anyone wanting to study the export business in the country. Exporters can use the information to plan targets or monitor their competitor’s strategies.
According to Indian export data the top exporters in India are:-
- Reliance Industries
- Tata Motors
- Indian Oil
- Coal India
Indian export data revealed India’s top export partners are:-
- The USA
- The UAE
- Hong Kong
The Export Data India shows the top product exported from India are:-
- Mineral fuels including oil
- Gems, precious metals
- Machinery including computers
- Organic chemicals
Studying the previous year’s exports Export data India, we learn that export of precious metals (-8.7%)and vehicles(-6%) and iron and steel (-3.1%) showed a decrease in exports. Sectors which export growth was electrical machinery(23.6%), pharmaceuticals(12.5), and unknitted and non-crocheted clothing(6.4%) showed growth in exports.
You can click here for complete details of Export Import Data.