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Showing posts with the label india import data

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

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  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 6...

India, "the second largest supplier of shrimps to USA"

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  Marine Industry covers over 40% of total export revenue for India. Also, India was the largest exporter of shrimp to the United States. But now, India is losing its ground to Ecuador. As it became the largest exporter of shrimps to the USA. Reason being, the lower prices and duty fee. According to the US import data reports, around 2.2 billion dollars of shrimps were exported by India to the USA in 2022. On the other hand, shrimp exports from Ecuador to the United States were estimated to be 2.7 billion US dollars as per our import export data reports. As per India import export data records, other major markets for India's shrimp were China, European Union, Japan, Middle East and South East Asian countries. Indian marine products exports include frozen shrimp, tuna fish, squids, cuttlefish, dried brine, octopus, etc. For the fiscal year 2023, Indian shrimp exports market could seek a positive growth. Indian SeaFood Market India is the second largest marine export market along...

Sri Lanka Exports Grew By 4.4% In 2022

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  Sri Lanka is the 79th largest economy by GDP as per WTO Reports. Despite suffering from the political crisis, Sri Lanka has recovered its economy quickly. According to the Sri Lanka export data records, the country’s exports grew by 4.4% in the financial year 2022.  On the other hand, Sri Lanka imports declined by 11% in 2022. As per Sri Lanka import data , the total imports are worth 18 billion USD. While, it was 21 billion USD in 2021. For the fiscal year 2022, Sri Lanka exports  were worth 16 billion US Dollars. Whereas, it was 15 billion USD in 2021. According to the Sri Lanka customs data reports, China contributes to around 33% share of total Sri Lanka imports. India, the United Arab Emirates, Malaysia and Singapore were other major exporters to Sri Lanka. In terms of exports, the United States was the largest importer of Sri Lankan goods with over 25% share of total imports. Other major importers to Sri Lanka were the United Kingdom, India, Germany and Italy. ...

India Agricultural exports hit record high $50B in 2022

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  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...

US Imports rose to 3.9 trillion US Dollars in 2022: Reports

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 As per the US import data 2022 reports, US Imports rose to 3.9 trillion US Dollars. The United States of America is currently the largest importer and second largest exporter in the world. US imports by country suggests that China, Mexico, Germany and Canada are the major exporters of goods to the USA. For the fiscal year 2022, Petroleum goods, instruments, chemical and medicinal products were the most imported items by the USA. Also, according to the US export data , the total US exports were around 3 trillion US Dollars in 2022. These include Petroleum products, Aircrafts accessories, and Natural gas mostly exported to Canada, Mexico, China and the United Kingdom. US import export data states that the US Agricultural Exports recorded an all time high of 200 billion US Dollars in 2022. The US major agricultural exports were fruits, vegetables, tree nuts, grains, soybeans, livestock and poultry products. The USA's total trade value was estimated to be 6.9 trillion US dollars in...

Bangladesh, the second largest market for garment exports

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  Bangladesh is the second largest market for garment exports. As per Bangladesh import export data , its garments exports were around 54 billion US Dollars in 2022. The Bangladeshi garments exports were 15% higher than the previous year. As per past 6 months export data reports of Bangladesh, Knitted Clothing (12 billion), Woven Clothes (10 billion), Textile exports (600 million) and Home textiles (27 billion) were the most exported categories of garments by Bangladesh in 2021. Bangladesh trade data reports reflect that its total exports were around 42 billion USD in 2021. On the other hand, the total imports by Bangladesh are worth 93 billion US Dollars. Experts suggest that the Bangladesh garments industry could seek 6% growth by 2024. As per Bangladesh export data , Knitted Apparel & Clothing (24 billion), Clothing Accessories (Not Knitted) (18.5 billion), Worn Clothing (1.2 billion), Footwear (1.1 billion), Woven Fabric (792 million), Fish (479 million), Safety Equipments...

Indian Contact Lenses Market Growth Report 2022

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  In the last few years, we have seen a huge growth in the Indian contact lenses market because of the high popularity of contact lenses throughout the world.   According to the Indian Import export data , If we talk about the estimated growth value of the Indian contact lens market then we see in the current fiscal year the Indian Contact lenses market growth reaches more than $574 Million US Dollars.  The Indian contact lens market is anticipating tremendous growth of around 4.73%  in the current fiscal year.  Acquire an in-depth import export data analysis report on the Indian contact lens market with the names of emerging companies in the contact lens market.  Basically, contact lenses are used by those patients who are suffering from optical disorders like hypermetropia, myopia, and astigmatism, for the correction of refractive errors. The Indian contact lens market segments  Due to the high popularity of Contacts lenses, users who prefer to...

Nhava Sheva (JNPT) Port Trade Data Shipment-Wise

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  (JNPT) Nhava Sheva port is the busiest port in India. The port is giving honor to the first prime minister of India Mr. Jawaharlal Nehru and the (JNPT) port run by Jawaharlal Nehru port trust.  (JNPT) Nhava Sheva port involves more than 50% of the country's import-export activities. The port is located in east Mumbai, six nautical miles away across Thane Creek.  In this blog, we will give you the top trade data on (JNPT) Nhava Sheva port trade data shipment-wise. The Jawaharlal Nehru port is started in 1989, in the early year, it is a very small port for giving some relief to the Mumbai port for heavy consignments. But if we talk about the current situation then we proudly say that the (JNPT) port is the most active port in India.   Now, (JNPT) Nhava Sheva port has become the owner port for India. At the current time, we see that the (JNPT) Nhava Sheva port contains world-class infrastructure with all the required facilities.  (JNPT) Nhava Sheva Port Impo...