Market Brief on India - tradezimbabwe.com 4,631,392 Chennai 4,328,063 Ahmedabad 3,719,710 Hyderabad...
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Market Brief on India January 2018 Location Facts and Figures India is bounded by the Indian Ocean on the south, the Bay of Bengal on the south-east and the Arabian Sea on the south- west. The country shares its land borders with Pakistan to the west, China, Nepal and Bhutan to the north-east, and Bangladesh and Myanmar (Burma) to the east. Total Population 1.324 billion Area 3.287 million km² Time Zone UTC+05:30 Capital City New Delhi International Telephone Code +91 Currency Indian Rupee Exchange Rate (29/01/18) 1 US$ = 63.737 INR- Indian Rupee GDP (Dec 2016) US$ 2 264 Billion GDP per capita (Dec 2016) US$ 1 709 GDP Growth Rate (Dec 2016) 7 % Ease of Doing Business (World Bank 2017) 130/190 Inflation Rate (2016) 6.07 % Official Language(s) Hindi, English Other Languages Bengali, Telugu, Marathi Business Hours 0800 hrs-1700 hrs Lunch 1300-1400 hrs Banking Hours 0900-1530 hrs (weekdays) 0830-1200 hrs (Sat) Literacy Rate 74% Measures Metric System Important International Participation UN, BRICS, WTO, G4, SAARC (South Asian Association for Regional Cooperation), City Population Mumbai 12,691,836 Delhi 10,927,986 Bengaluru 5,104,047 Kolkata 4,631,392 Chennai 4,328,063 Ahmedabad 3,719,710 Hyderabad 3,597,816 Pune 2,935,744 Surat 2,894,504 Kanpur 2,823,249 Cities & Population
Transcript of Market Brief on India - tradezimbabwe.com 4,631,392 Chennai 4,328,063 Ahmedabad 3,719,710 Hyderabad...
Market Brief on India
January 2018
Location Facts and Figures
India is bounded by the Indian Ocean on the south, the Bay of Bengal on the south-east and the Arabian Sea on the south-west. The country shares its land borders with Pakistan to the west, China, Nepal and Bhutan to the north-east, and Bangladesh and Myanmar (Burma) to the east.
Total Population 1.324 billion
Area 3.287 million km²
Time Zone UTC+05:30
Capital City New Delhi
International Telephone Code
+91
Currency Indian Rupee
Exchange Rate (29/01/18)
1 US$ = 63.737 INR-Indian Rupee
GDP (Dec 2016)
US$ 2 264 Billion
GDP per capita (Dec 2016)
US$ 1 709
GDP Growth Rate (Dec 2016)
7 %
Ease of Doing Business (World Bank 2017)
130/190
Inflation Rate (2016)
6.07 %
Official Language(s)
Hindi, English
Other Languages Bengali, Telugu, Marathi
Business Hours 0800 hrs-1700 hrs Lunch 1300-1400 hrs
Banking Hours 0900-1530 hrs (weekdays) 0830-1200 hrs (Sat)
Literacy Rate 74%
Measures Metric System
Important International Participation
UN, BRICS, WTO, G4, SAARC (South Asian Association for Regional Cooperation),
City Population
Mumbai 12,691,836
Delhi 10,927,986
Bengaluru 5,104,047
Kolkata 4,631,392
Chennai 4,328,063
Ahmedabad 3,719,710
Hyderabad 3,597,816
Pune 2,935,744
Surat 2,894,504
Kanpur 2,823,249
Cities & Population
India Trade with the World
Source: Trademap
Major import sources of India (2016) Major export destinations of India (2016) Na
2012 2013 2014 2015 2016
Imports 488,976,378 466,045,567 459,369,464 390,744,731 356,704,792
Exports 289,564,769 336,611,389 317,544,642 264,381,004 260,326,912
200,000,000
250,000,000
300,000,000
350,000,000
400,000,000
450,000,000
500,000,000
550,000,000U
S$ 0
00
17%
6%
5%
5%
4%
3%3%3%3%
3%
47%
China USA
UAE Saudi Arabia
Switzerland Korea, Republic of
Indonesia Germany
Iraq Japan
other
16%
12%
5%
3%3%3%
3%2%
2%
2%
48%
USA UAE Hong Kong
China UK Singapore
Germany Viet Nam Bangladesh
Belgium Other
Source: Trademap
Source: Trademap
Major import products of India (2016) Major export products of India (2016)
Zimbabwe-India Trade (US$’000)
25%
13%
10%
9%
4%
3%
3%
3%
2%
2%
24%
Mineral fuels, mineral oils
Natural or cultured pearls, precious or semi-precious stones, metals
Electrical machinery and equipment and parts thereof.
Machinery, mechanical appliances, nuclear reactors, boilers; parts thereof
Organic chemicals
Plastics and articles thereof
Commodities not elsewhere specified
Animal or vegetable fats and oils
Iron and steel
Optical, photographic, cinematographic, medical or surgical
other
16%
11%
6%
5%
5%4%3%3%3%
2%
41%
Natural or cultured pearls, precious or semi-precious stones
Mineral fuels, mineral oils
Vehicles other than railway or tramway rolling stock
Machinery, mechanical appliances
Pharmaceutical products
Organic chemicals
Articles of apparel and clothing accessories
Electrical machinery and equipment
Articles of apparel and clothing accessories
Iron and steel
Other
2012 2013 2014 2015 2016
Exports 3,376 10,352 30,489 22,498 48,435
Imports 133,153 195,129 197,964 234,441 116,662
Trade Balance (129,777) (184,777) (167,475) (211,943) (68,227)
-250,000
-200,000
-150,000
-100,000
-50,000
0
50,000
100,000
150,000
200,000
250,000
US
$' 000
Source: Trademap Source: Trademap
Source: Trademap -India Reporting
Zimbabwe’s major exports to India (2016)
Zimbabwe's exports to India-Value in 2016, (US$’000)
Zimbabwe's exports to India-Annual growth in value between 2012-2016, %, p.a.
India's imports from World-Value in 2016, (US$’000)
Natural or cultured pearls 32,696 1,431 48,129,744
Tobacco and manufactured substitutes 7,182 -1 51,495
Nickel and articles thereof 4,423 76 556,515
Cotton 2,103 -71 1,071,401
Ores, slag and ash 926 0 3,731,029 Source: Trademap-India Reporting
Zimbabwe's imports from India (2016) Zimbabwe products with export potential to India
55%
9%
7%
6%
3%
3%
2%
2%
14%
Pharmaceutical products
Machinery, mechanical appliances
Electrical machinery and equipment
Vehicles other than railway
Miscellaneous chemical products
Plastics and articles thereof
Cereals
Rubber and articles thereof
other
Source: Trademap
• Iron & steel
• Fresh & dried vegetables (pigeon peas, kidney beans)
• Fresh or dried fruits (oranges)
• Black fermented tea
• Wattle extract
• Cigarettes of tobacco
• Leather & leather products
• Granite (polished or raw)
• Nickel
• Coke and semi-coke of coal
• Furniture (metal & wood)
• Tea
• Coffee
India import products from Africa
• Gold
• Coal
• Diamonds
• Nickel
• Aluminium
• Chromium ores
• Dried or fresh cashew nuts
• Copper, unrefined
• Dried shelled peas
• Tea and Coffee
• Cotton
• Soya beans
• Oranges
• Wattle extract
• Sesami seeds
• Essential Oils
• Kidney beans
•
• Wire of copper
• Leather
• Hides and skins
• Fresh pears
• Granite
Useful Addresses Preferential Trade Arrangements
Embassy of India in Zimbabwe 12 Natal Road Belgravia P. O. Box 4620 Harare Tel: +263 4 795955-6 Fax: +263 4 722324 E-mail: [email protected]
Embassy of the Republic of Zimbabwe B-8 Anand Niketan New Delhi 110021 Tel: +91 11 26154313/4 Fax: +91 11 6884532 E-mail: [email protected]; [email protected]
Confederation of Indian Industry The Mantosh Sondhi Centre 23, Institutional Area, Lodi Road, New Delhi 110003 Tel: +91 11 45771000/24629994-7 Fax: +91 11 24626149 E-mail: [email protected] Website: www.cii.in The Associated Chamber of Commerce and Industry of India 5, Sardar Patel Marg, Chanakyapuri New Delhi-110021 Tel: +91 11 46550555 Fax: +91 11 23017008, 23017009 E-mail: [email protected] Website: www.assocham.org
There are no binding Trade Agreement between Zimbabwe and India.
Travelling to India
• Zimbabwe nationals must apply for a visa in person at the Indian Embassy.
• A valid passport (at least 6 months) is required.
• Options to travel to India by air include: ✓ Harare-Johannesburg-Mumbai ✓ Harare-Dubai-Mumbai ✓ Harare-Addis Ababa-Mumbai
For more information, please contact us
www.tradezimbabwe.com
[email protected] +263-4-369330-41
@ ZimTradeAlerts
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