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February 13, 2023

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India's steel imports from China, Vietnam up by 41% in June 2023

August 21, 2023

India is the second largest steel producer in the world. Globally, India is ranked 11th leading steel importer in the world. Whereas, India is the 12th leading steel exporter worldwide. According to the India import export data , around $17 billion worth of iron and steel imports were made by India in the fiscal year 2022. Whereas, in 2021, it was around $8.9 billion . China, Japan, UAE and Vietnam are the most favoured markets for India’s steel imports. As per the latest India customs data reports, iron & steel imports from China and Vietnam have increased significantly. The overall iron and steel imports by China and Vietnam were totaled to be 4.8 lakh metric tonnes. Also, Japan, Saudi Arabia, Nepal, Russia and the United States of America had increased by a significant amount. Recently, in June 2023, China steel exports to India rose to 37% as compared to 26% in June 2022, the increase was quite large. China was the second leading steel exporter to India with over 60% share.

Turkey's Auto Industry get major boost by rising imports by Kazakhstan

August 07, 2023

Turkey is among the top automotive markets in the world. As per the Turkey customs data , the country's total automotive exports were estimated around 30 billion dollars in FY 2022. Whereas in 2021, it was totaled to be 29 billion dollars and 25 billion dollars in 2020. The major markets for Turkey's automotive exports are France, Italy, Spain, United Kingdom and Germany. France is the leading importer of Turkish automotive products with over 20% share of Turkey's automotive exports. Other major importers of Turkish automotive parts were Italy (9%), Spain (8.5%), United Kingdom (8.2%), Germany (8%) and Poland (4.8%). Whereas the fastest growing markets for Turkish automotive exports are Spain, France, United States, Sweden, Egypt, Greece, Israel, Bulgaria and Kazakhstan. According to the current Turkey export data reports, during June 2023, Turkey exported over 20 million dollars worth of Automotive products. There was around 350% increase in the exports

India Agricultural exports hit record high $50B in 2022

March 15, 2023

According to the India import export data reports, India’s agricultural exports had seen a significant growth in the financial year 2022. In 2022, India’s agricultural exports hit a record high of 50 billion US Dollars. There was around 19% increase in agricultural exports from India as compared to the last year (25 billion US Dollars). Our India export data suggests that basmati rice and sugar were the two major agricultural exports from India worth 25.81 billion US Dollars in 2022. As India exports by country data, the United States, Bangladesh, China, United Arab Emirates, Indonesia, Vietnam and Saudi Arabia were the major importers of Indian agricultural commodities. In this blog, you will get a detailed analysis of the top Agricultural exports from India in 2022. Top Agricultural exports Rice India is the world's leading rice exporter with 21 million metric tons exported every year. Indian rice exports grew by 3.5% as compared to the financial year 2021. Indian basmati ric

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