By:

SUNIL KR. AHIRWAR Faculty

BBA-IB Mrs.Supriya Lamba

Enrollment A1833312026

Amity International Business School

TRENDS IN EXPORTS & IMPORTS YEAR- 2012

What are

Exports are the goods and services that are made in the U.S. and transmitted to foreigners. It doesn't matter what the good or service is or how it is sent. It can be shipped, sent by email, or hand-carried in personal luggage on a plane. If it is produced in the U.S. and sold to someone from a foreign country, it is an export.

What Are Exports (X)

MAJOR ITEMS EXPORTED FROM INDIA:

• Milk products, wheat, rice, coffee, tea, spices, cumin seed, tamarind powder, sesame seed, sugar, henna, herbal extract, medicines, fertilizers, chemicals, salt, iron ores, minerals, books etc….!

Imports are the goods and services that are bought by residents of a country, but made outside of the country. It doesn't matter what the goods or services are, or how they are sent. They can be shipped, sent by email, or even hand-carried in personal luggage on a plane. If they are produced in a foreign country and sold to domestic residents, they are imports.

What Are Imports(M

MAJOR IMPORTS ITEMS OF INDIA

• Fertilizers, Edible Oil, Sugar, Pulp and waste paper, metal scrap, Iron and Steel, and petroleum products, Pearls, Precious and Semi-Precious stones, Machinery, Project Goods, Pulses, Coal and its derivatives, etc….!

Balance of trade may be defined as difference between monetary value of exports and imports of output in an

economy over a certain period a positive balance is knows as a trade surplus if it consists of exporting more than is

imported; a negative balance is referred to as trade deficit or, informally, a trade gap. The balance of trade is something

divided into a goods and a service balance

INDIA’S EXPORTS, IMPORTS AND BALANCE OF TRADE IN SERVICES

GRAPH OF BALANCE OF TRADE 2002 T0 2012

BALANCE OF PAYMENTS

• Balance of payment is flow of cash between domestic country and all other foreign countries.

• Balance of payment is flow of cash between domestic country and all other foreign countries.

It Includes:

Trade in goods Trade in services Income flows Transfer of funds and sale of assets and liabilities

EXPORT OF TOP 15 STATES IN INDIA

MAJOR IMPORTING PARTNERS OF INDIA

• China which stands at 11.1%.

• Saudi Arabia i.e. 7.5%,

• USA 6.6%,

• UAE 5.1%,

• Iran 4.2%,

• Singapore 4.2%

• Germany 4.2%.

MAJOR SOURCES OF INDIA’S IMPORTS

IMPORTANCE OF IMPORTS AND EXPORTS

• Indian economy has seen a paradigm shift in the past decades as the focus has shifted from agricultural sector to Export-Import. Now a days, there are many companies that are engaged in an exchange of varied goods ranging from heavy machinery, precious metals, agro-products, garments to electronic goods and so on. .

TOP EXPORT ITEMS (FISCAL YEAR 2012, US $ BN)

TOP IMPORT ITEMS(FISCAL YEAR 2012, US$ BN)

OPPORTUNITIES

India's strategic location, between Middle East and South East Asia, presents itself as a country with immense business

opportunities. Its neighbors include Pakistan, China, Nepal, Sri Lanka and Bangladesh. The countries labor advantage adds to

this. India has vast reserves of technical and scientific manpower, backed by engineering and management institutes

of excellence.

THANK YOU