Professional Documents
Culture Documents
India's Foreign Trade: Direction and Composition of Trade: Presented by Range Gowda I PH.D (Agril. Economics)
India's Foreign Trade: Direction and Composition of Trade: Presented by Range Gowda I PH.D (Agril. Economics)
Composition of Trade
Presented by
Range Gowda
I Ph.D (Agril. Economics)
INTRODUCTION
Foreign
trade
transaction
Import Export
trade Net Exports
trade
Importance
Development of the Economy
IMPORTS
Imports for better living standard
The Government had set an export target of US $ 325 billion for 2013-14.
Over the years, India's trade with other countries have gone up
substantially. Apart from that, India is now a major player in global
trading systems and all the major sectors of Indian economy are
linked to the world outside either directly or indirectly through
international trade.
Composition
Export Import
Hence India need to import in large quantities, food , cotton jute. Etc
Contd..
OECD OPEC
ASEAN
EASTER
N
EUROPE
Contd..
Organization for
Developing
Economic Co- operation & Development (OECD).
Nations
China,
•
Hong
Kong,
South
Korea,
Singapore
and
Malaysia.
Table 2. Top 15 Countries of Export 2014)
(2013-
Values in Rs. Crores
Rank Country Apr-Oct 2013 Apr-Oct 2014 %Growth %Share
1 USA 1,38,361.69 1,56,989.51 13.46 13.99
2 U ARAB 1,06,301.59 1,18,755.34 11.72 10.58
3 SAUDI ARAB 44,574.68 48,892.93 9.69 4.36
4 HONG KONG 46,268.35 48,174.01 4.12 4.29
5 CHINA 43,553.83 41,049.86 -5.75 3.66
6 SINGAPORE 51,821.36 34,751.25 -32.94 3.1
7 UK 33,009.03 33,334.27 0.99 2.97
8 BRAZIL 17,541.28 28,308.36 61.38 2.52
9 GERMANY 25,330.86 27,134.18 7.12 2.42
10 NETHERLAND 29,841.05 22,915.51 -23.21 2.04
11 SRI LANKA 13,774.66 22,381.28 62.48 1.99
SOUTH
12 18,243.74 22,368.88 22.61 1.99
AFRICA
13 BANGLADESH 19,292.92 21,677.57 12.36 1.93
14 VIETNAM 16,291.64 21,369.50 31.17 1.9
15 BELGIUM 21,547.40 20,267.13 -5.94 1.81
Total 10,80,203.40 11,22,499.74 3.92 100
2 9 5 CHIN
A
.
4 6 SING
2 APOR
E
2
. 7UK
5 8 BRAZI
2 L
3 10.5
. 4 8 9 GERM
2 6 4
.
. ANY
. 6 3
9 2
6
10 NET
7 9 HER
LAN
D
3.1
11 SRI
LAN
KA
DSR
12 SOU
TH
A I AM
F 13 E 15 BEL
R 14 T GIU
I N M
14 MALAYSIA
15 BELGIUM
2.41 1 CHINA
2.52
2.72 12.76 2 SAUDI ARAB
2.91 3 U ARAB
4 SWITZERLAND
2.93
5USA
3.13 6 IRAQ
7.02 7 QATAR
3.35 8 KUWAIT
9 NIGERIA
3.4 10 INDONESIA
6.03
3.51 11 VENEZUELA
4.79 12 KOREA RP
3.61
4.53 13 GERMANY
14 MALAYSIA
Fig.5 Top 15 countries %Share in Import 2013-14 15 BELGIUM
Apr-
Rank Commodity Apr-Oct 2013 %Growth %Share
Oct 2014(P)
1 PETROLEUM PRODUCTS 2,29,299.95 2,32,089.79 1.22 20.68
2 PEARL, PRECS, SEMIPRECS STONES 1,05,188.65 91,005.42 -13.48 8.11
3 GOLD AND OTH PRECS METL JWLERY 36,456.20 46,715.35 28.14 4.16
4 DRUG FORMULATIONS, BIOLOGICALS 36,385.69 39,993.19 9.91 3.56
5 IRON AND STEEL 30,130.97 31,892.78 5.85 2.84
6 RMG COTTON INCL ACCESSORIES 29,556.86 31,754.95 7.44 2.83
7 PRODUCTS OF IRON AND STEEL 22,965.26 26,078.31 13.56 2.32
8 MOTOR VEHICLE/CARS 20,871.11 23,224.72 11.28 2.07
9 MARINE PRODUCTS 16,851.27 20,834.66 23.64 1.86
10 ORGANIC CHEMICALS 18,984.98 19,803.09 4.31 1.76
11 COTTON FABRICS, MADEUPS ETC. 17,580.49 19,633.30 11.68 1.75
12 MANMADE YARN,FABRICS,MADEUPS 17,644.25 18,835.06 6.75 1.68
13 SHIP, BOAT AND FLOATING STRUCT 12,817.86 18,583.18 44.98 1.66
14 AIRCRAFT, SPACECRAFT AND PARTS 14,001.14 17,390.52 24.21 1.55
15 INDL. MACHNRY FOR DAIRY ETC 14,449.88 16,421.57 13.65 1.46
Total 10,80,203.40 11,22,499.74 3.92 100
8
od MOTOR VEHICLE/CARS
iti
9 es MARINE PRODUCTS
10 % ORGANIC CHEMICALS
G
COTTON FABRICS, MADEUPS
11 ro ETC.
12
wt MANMADE
h YARN,FABRICS,MADEUPS
SHIP, BOAT AND FLOATING
13 in STRUCT
E
AIRCRAFT, SPACECRAFT AND
14
xp PARTS
INDL. MACHNRY FOR DAIRY
15 or
ETC
1.76
1.
8 1.
1. PETROLEUM
6 55
1. 6 1. PRODUCTS
6 6 46
1.
8
75 PEARL, PRECS,
20.68 SEMIPRECS
STONES GOLD
AND OTH
PRECS METL
JWLERY DRUG
FORMULATION
S,
BIOLOGICALS
ACCESSO
2.83 2.
8
4 RIES
3
. 8.11 PRODUC
5 4.
6 16 TS OF
IRON
AND
S MOTOR
PROD ICA RICS, MADE
T VEHICL
UCTS LS MADE YARN,FABR
E E/CARS
ORGA COT UPS ICS,MADEU
E MARIN
NIC TON ETC. PS
L E CHEMFAB MAN
SHIP, BOAT
Fig.7 Top 15
Commodities % AND
Share in FLOATING
Export 2013-14
STRUCT
AND PARTS
INDL.
MACHNRY
FOR DAIRY
ETC
D
O ER LEUM RL, PRECS,
T COMMO PRODUC
PETRO PEA SEMIPRECS
H DITIESTS STONES
COAL,COKE
AND
BRIQUITTES
ETC
3.11
TELECOM
INSTRUMEN
TS
3 ORGA
NIC
CHE
MICA
LS
IRON AND
STEEL
4.98 P
VEGETABLE
6.91 OILS
5.18
6.68 INDL.
MACHNRY
FOR
DAIRY
ETC
COMPUTE
HARDWAR
E, PERIPHERA
LS
m FERTILEZERS
mo MANUFACTURED
diti
es
%
Sh
are
in
Im
por
t
201
3-
14
Source: DGCI&S, Kolkata
Table 6. Export of Principal Commodities Groups
Values in Rs. Crores
Commodity Apr-Mar 2013 Apr-Mar 2014 %Growth %Share
A) PLANTATION 9,429.86 9,672.45 2.57 0.51
B) AGRI & ALLIED PRDTS 1,74,194.01 1,95,731.08 12.36 10.27
C) MARINE PRODUCTS 18,841.20 30,627.28 62.55 1.61
D) ORES & MINERALS 30,597.00 34,063.47 11.33 1.79
E) LEATHER & MNFRS 26,596.87 34,679.98 30.39 1.82
F) GEMS & JEWELLERY 2,36,162.03 2,52,175.14 6.78 13.24
G) SPORTS GOODS 1,125.33 1,437.49 27.74 0.08
H) CHEMICALS & RELATED PRODUCTS 2,25,865.81 2,66,453.03 17.97 13.99
I) ENGINEERING GOODS 3,08,948.09 3,73,931.68 21.03 19.63
J) ELECTRONIC GOODS 45,970.26 46,703.78 1.6 2.45
K) PROJECT GOODS 780.8 291.22 -62.7 0.02
L) TEXTILES 1,43,444.81 1,84,770.64 28.81 9.7
M) HANDICRAFTS 1,110.29 1,721.68 55.07 0.09
N) CARPETS 5,374.22 6,278.31 16.82 0.33
O) COTTON RAW INCL WASTE 20,276.51 22,337.84 10.17 1.17
P) PETROLEUM PRODUCTS 3,30,790.01 3,83,247.88 15.86 20.12
Q) UNCLASSIFIED EXPORTS 54,811.74 60,888.15 11.09 3.2
Total 16,34,318.83 19,05,011.08 16.56 100
30.39 28.81
27.74
21.03
17.97 16.82 15.86
12.36 11.33 11.09
10.17
6.78
2.57 1.6
-62.7
19.63 M) HANDICRAFTS
N) CARPETS
O) COTTON RAW INCL WASTE
6.6
-23.04
Fig.12 Import of Principal Commodities Groups
2013-2014 % Growth
Source: DGCI&S, Kolkata
A) BULK IMPORTS
D) PROJECT GOODS
1.01 E) OTHERS
10.2
5.31
Region
2013-A2p0r-1O4ct Apr-Oct 2014(P) %Growth %Share
2013
1) Europe 2,57,950.06 2,57,687.52 -0.1 15.62
1.1 EU Countries 1,75,161.91 1,71,111.07 -2.31 10.37
1.2 European Free Trade Association (EFTA) 79,494.22 81,199.90 2.15 4.92
1.3 Other European Countries 3,293.93 5,376.55 63.23 0.33
2) Africa 1,28,077.64 1,48,080.27 15.62 8.98
2.1 Southern African Customs Union (SACU) 24,668.44 26,166.80 6.07 1.59
2.2 Other South African Countries 22,581.21 20,910.81 -7.4 1.27
2.3 West Africa 57,798.12 79,689.17 37.88 4.83
2.4 Central Africa 475.46 937.44 97.17 0.06
2.5 East Africa 3,480.37 4,509.45 29.57 0.27
2.6 North Africa 19,074.06 15,866.62 -16.82 0.96
3) America 1,99,364.70 2,04,886.70 2.77 12.42
3.1 North America 1,08,231.28 99,028.64 -8.5 6
3.2 Latin America 91,133.42 1,05,858.06 16.16 6.42
4) Asia 9,72,654.69 9,82,078.67 0.97 59.54
4.1 East Asia (Oceania) 36,871.44 37,530.24 1.79 2.28
4.2 ASEAN 1,45,355.99 1,60,189.17 10.2 9.71
4.3 West Asia- GCC 3,64,202.50 3,38,675.39 -7.01 20.53
4.4 Other West Asia 1,13,868.61 1,09,977.42 -3.42 6.67
4.5 NE Asia 3,04,478.28 3,26,447.30 7.22 19.79
4.6 South Asia 7,877.88 9,259.15 17.53 0.56
5) CIS & Baltics 25,746.61 30,503.73 18.48 1.85
5.1 CARs Countries 1,704.43 3,834.90 125 0.23
5.2 Other CIS Countries 24,042.18 26,668.84 10.93 1.62
6) Unspecified Region 6,561.25 26,186.97 299.12 1.59
Total 15,90,363.02 16,49,496.64 3.72 100
Table 9. Import by Region India
Values in Rs. Crores
2013-2014
1) Europe
15.62
2) Africa
8.98
3) America
4) Asia
12.42
59.54 5) CIS & Baltics
6) Unspecified Region
1) Europe
17.82
2) Africa
3) America
11.17
4) Asia
49.2
5) CIS & Baltics
23,588.20 25,404.48 6,295.97 155.61 43,974.57 41,144.32 33,670.71 6,569.97 23,232.07 209.06 2,04,244.97
PETROLEUM
1 (CRUDE & 20.12
PRODUCTS)
-6.15 -6.63 -1.64 -0.04 -11.47 -10.74 -8.79 -1.71 -6.06 -0.05 -53.29
47,236.17 77,262.22 758.33 67,621.71 3,215.34 136.46 11,513.54 2,650.74 131.13 708.57 2,11,234.20
GEMS &
2 13.24
JEWELLARY
-18.73 -30.64 -0.3 -26.82 -1.28 -0.05 -4.57 -1.05 -0.05 -0.28 -83.76
9,081.35 14,807.37 3,269.14 103.06 11,638.29 2,356.81 34.28 5,905.31 2,179.83 2,400.80 51,776.24
TRANSPORT
3 6.82
EQUIPMENTS
-6.99 -11.4 -2.52 -0.08 -8.96 -1.82 -0.03 -4.55 -1.68 -1.85 -39.88
12,570.03 4,582.86 3,083.94 605.54 2,621.97 3,356.97 116.66 4,583.46 1,179.31 4,955.45 37,656.18
MACHINERY AND
4 5.15
INSTRUMENTS
-12.82 -4.68 -3.15 -0.62 -2.67 -3.42 -0.12 -4.68 -1.2 -5.06 -38.41
24,361.32 718.64 729.17 247.6 740.34 210.07 1,285.22 3,169.03 1,536.03 2,776.81 35,774.24
DRUGS,PHRMCUTE
5 4.84
S & FINE CHEMLS
-26.43 -0.78 -0.79 -0.27 -0.8 -0.23 -1.39 -3.44 -1.67 -3.01 -38.81
OTHER 8,557.61 6,676.23 1,266.10 118.49 1,251.12 583.81 18,886.08 1,731.80 599.71 1,690.41 41,361.35
6 COMMODITIE 3.19
S -14.08 -10.98 -2.08 -0.19 -2.06 -0.96 -31.07 -2.85 -0.99 -2.78 -68.04
MANUFACTU 11,037.99 7,148.95 630.19 120.96 666.77 2,216.40 26.07 3,511.51 1,263.59 3,366.07 29,988.51
7 RES OF 3.08
METALS -18.79 -12.17 -1.07 -0.21 -1.14 -3.77 -0.04 -5.98 -2.15 -5.73 -51.06
RMG COTTON 13,522.94 4,294.08 257.85 349.92 195.25 1,164.76 50.96 6,486.38 2,101.17 5,235.83 33,659.13
8 INCL 2.88
ACCESSORIES -24.63 -7.82 -0.47 -0.64 -0.36 -2.12 -0.09 -11.81 -3.83 -9.53 -61.29
COTTON 9,168.45 999.67 11,758.11 949.57 44.57 170.49 110.54 1,181.28 392.62 1,403.41 26,178.71
YARN,FABRIC
9 2.84
S,MADEUPSE
TC -16.96 -1.85 -21.75 -1.76 -0.08 -0.32 -0.2 -2.19 -0.73 -2.6 -48.44
6,322.04 5,752.23 2,082.36 1,288.36 1,892.87 955.08 959.79 1,498.76 2,802.74 2,085.97 25,640.20
ELECTRONIC
10 2.43
GOODS
-13.66 -12.43 -4.5 -2.78 -4.09 -2.06 -2.07 -3.24 -6.06 -4.51 -55.42
1,65,446.10 1,47,646.73 30,131.16 71,560.82 66,241.09 52,295.18 66,653.84 37,288.24 35,418.19 24,832.38
Sub-total Export of
6,97,513.73
10 Commodity
{69.90} {79.90} {33.18} {92.65} {88.36} {70.80} {97.49} {62.69} {72.64} {54.50}
% Share of country
in India's total 12.42 9.7 4.77 4.05 3.94 3.88 3.59 3.12 2.56 2.39 50.42
Export
96,844.78 3.33 301.72 9,818.36 726.6 5.62 0.27 0.72 1,054.60 5.22 1,08,761.22
ELECTRONIC
1 6.9
GOODS
-51.7 0 -0.16 -5.24 -0.39 0 0 0 -0.56 0 -58.07
PERLS PRCUS 203.16 947.67 36,111.78 3,984.51 1,394.69 0.02 0 0.24 10.3 42,652.37
3 SEMIPRCS 5.31
STONES -0.14 -0.66 -25.05 -2.76 -0.97 0 0 0 -0.01 -29.59
MACHRY EXCPT 35,321.77 46.69 510.38 14,944.83 2,484.73 0 0.3 3.52 654.28 0.51 53,967.00
4 ELEC & 5.26
ELECTRONIC
-24.73 -0.03 -0.36 -10.46 -1.74 0 0 0 -0.46 0 -37.79
15,724.64 52.39 6,204.36 21,094.30 618.97 7.16 61.52 8.46 1,450.97 47.57 45,270.35
OTHER
5 4.18
COMMODITIES
-13.85 -0.05 -5.47 -18.58 -0.55 -0.01 -0.05 -0.01 -1.28 -0.04 -39.88
1 2 3 4 5 6 7 8 9 10 %Share
of
Sub total of commodi
Commodity/Coun
SAUDI U ARAB SWITZE Import of 10 ty in
try CHINA P RP USA IRAQ KUWAIT QATAR INDONE SIA NIGERI A
ARAB EMTS RLAND Countries India's
total
Import
COAL,COKE & 3,510.93 0 3,207.49 41,328.87 48,047.28
6 BRIQUITTES 3.65
ETC. -3.54 0 -3.24 -41.69 -48.47
12,327.54 8.11 3,536.13 16,606.36 45.82 0.01 1.09 1,557.15 0.02 34,082.24
TRANSPORT
8 3.51
EQUIPMENTS
-12.92 -0.01 -3.71 -17.4 -0.05 0 0 -1.63 0 -35.72
METALIFERS 444.11 2,309.74 4,971.81 2,591.96 65.4 0.01 811.63 201.46 4,539.63 171.79 16,107.53
9 ORES & METAL 2.68
SCRAP -0.61 -3.18 -6.84 -3.57 -0.09 0 -1.12 -0.28 -6.25 -0.24 -22.17
1,91,438.20 10,934.17 82,662.84 84,685.74 1,04,715.25 12.79 5,280.88 1,790.78 79,650.39 235.42
Sub-total Import of
5,61,406.47
10 Commodity
{61.91} {4.96} {47.47} {62.45} {93.21} {0.01} {5.11} {1.88} {89.46} {0.27}
% Share of country
in India's total 11.39 8.12 6.41 4.99 4.14 4.11 3.81 3.5 3.28 3.16 52.91
Import