History, asked by hindustanivikkee, 7 months ago

Name at leat formisms of export from India to Britain during century​

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Answered by sunilbaransau
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India's trade: full list of exports, imports and partner countries

Cameron has spent the week in India discussing trade relations with Britain. What are India's main exports and imports, and who are its key trading partners?

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David Cameron has strongly expressed his want for a 'special relationship' with India and with the largest trade delegation ever to accompany a British prime minister to any country in the world, the message couldn't be clearer.

India's total merchandise trade has increased over three-fold from $252bn in 2006 to $794 in 2012 - both exports and imports have trebled during this period according to the Export-Import Bank of India (Exim bank). The bank is the premier export finance institution of the country and was set up for the purpose of financing, facilitating, and promoting foreign trade of India.

How does India's trade break down?

Exports

A publication on India's trade and investment by Exim bank highlights the trend in exports moving towards southern countries, particularly in the Asia and Africa regions. Asia is a key destination of India's exports - in 2001-02 Asia's share stood at 40.2% but in 2011-12 it grew to to 51.6%. Europe, however has seen a decline in its share, down to 19% in 2011-12 from 24.8% in 2001-02.

India's key exports in 2012 were petroleum products which generated $56bn, followed by gems and jewellery with $47bn. Pharma products, transport equipment, machinery and readymade garments are also big exports for India.

The 2012 data shows that the United Arab Emirates (UAE) was India's biggest export market, closely followed by the USA. The latest data available from the Indian Government's Ministry of Commerce and Industry covering April-September 2012, shows the US to have slightly overtaken the UAE. Explore the graphic above to see India's imports and exports by value and year. The UK is the eighth biggest export market for India and held 2.9% of the market share in April-September 2012.

Imports

Crude petroleum is India's biggest import with $155bn spent on it in 2012. Imports of gold and silver amounted to $62bn and electronic goods and pearls and precious stones are also top import items for the country.

India's top import source is China followed by the UAE, Switzerland and Saudi Arabia. The UK came in at 21st place in 2011-12 with India importing a total of $7.7bn. In the six months recorded so far for 2012-13, the UK has dropped a place and has a 1.4% share of the India's import sources.

The table below shows India's imports and exports by country including the share. The downloadable spreadsheet also has data on the top import and export products for the country. What can you do with this data?

Data summary

Top ten exporters to India, by value of trade in US$m and share of total

Click headings to sort table. Download the data for all countries worldwide

Country

2012-2013 (Apr- Sep)

%Share (2012-2013 (Apr- Sep)

CHINA 28025.57 11.92

UAE 19622.81 8.35

SAUDI ARABIA 16094.83 6.85

USA 12208.05 5.19

SWITZERLAND 10779.45 4.59

IRAQ 9803.79 4.17

QATAR 8144.45 3.47

KUWAIT 8134.73 3.46

GERMANY 7154.41 3.04

INDONESIA 6944.86 2.95

Top ten importers from India, by value of trade in US$m and share of total

Click headings to sort table. Download the data for all countries worldwide

Country

2012-2013 (Apr- Sep)

%Share (2012-2013 (Apr- Sep)

USA 19704.05 13.87

UAE 18601.71 13.09

SINGAPORE 6652.77 4.68

CHINA 6417.32 4.52

HONG KONG 6137.9 4.32

SAUDI ARAB 4636.29 3.26

NETHERLANDS 4458.24 3.14

U K 4112.26 2.89

GERMANY 3491.77 2.46

BRAZIL 3042.64 2.14

The trades between the Britain was in US $.

Hope it helps

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