India is the largest country in South Asia. It has a large young population. India’s GDP in 2019 was 2.87 trillion USD. As per the import-export data India, total imports were 23.64% of the GDP and total exports were 19.74% of the GDP.
India has a long coast (over 7000 km). It has 205 minor ports and 13 major ports. India transports 97% of commodities by volume by sea. The import-export data India shows the top ports in India are:-
- Port of Mundra
- Jawaharlal Nehru Port Trust
- Port of Chennai
- Syama Prasad Mukherjee Port Trust
- V.O. Chidmbaranar Port
We create the import-export data India from shipping bills, import invoices, and other operational documentation required import/export business. The data is collected directly from the Indian Customs department, port authorities across India, different trade bodies, shipping, and logistic experts. Our data experts make sure the information collected is accurate and credible before adding the import-export data India. Some of the fields in the database are as follows:-
- Date of shipment
- HS Code
- Product description
- Importers name, address, and other contact details
- Exporters name, address, and other contact details
- Assessable value in INR and USD
- Quantity and Gross quantity
- Port of Origin and Country
- Port of destination and country
- Transportation mode
The Indian export-import data helps traders evaluate importers and exporters. They can examine the importer/exporter trading activity and shortlist and select the one appropriate business partner. The Indian import-export business is volatile and traders can stay updated with the latest trading activities in the country. This includes market fluctuations and changes in customer preferences.
Importers and exporters in India can identify the target market and find opportunities to increase their market share. They can use the exportimportdata to understand the price and volume trends. They can monitor their competitor’s business strategy.
Logistic companies use import-export data India to find new clients (importers and exporters). The data helps them identify the leading ports in a country. Financial institutions use the data to understand the import-export business. They use import-export data India to analyze risks before offering financial services to potential risks.
As per Indian export-import Data, the top trading partners of India are:-
- The United States
- United Arab Emirates
- Saudi Arabia
If we look at the list of importers and exporters in India, the top import and export companies in India are:-
- Sakuma Export Ltd
- Orwa Impex- Import and Export Company
- Universal import-export India Pvt. Ltd
- Star Group
- General Import Company Ltd.
The exportimportdata India shows the present trade deficit of 98.56 billion USD in 2020-21. The trade deficit was reduced due to lower imports (389.18 billion USD) and export (290.63 billion USD).