Explain The Internal Trade of India
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Internal trade refers to the domestic trade channels in the country. It takes place via railways, waterways, roads, airways etc., ports being a vital component in the network. Items like coal, cotton, jute, rice, wheat, iron, steel, oilseeds etc. constitute the internal trade of India.
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India's share in global trade (merchandise and services) was 2.1% (481.74 USD billion out of total 23,044 USD billion) for exports and 2.6% (600.62 USD billion out of total 23,112 USD billion) for imports in 2017
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