Name major export items and import items. Explain why certain items figure
in both export and import list.
Answers
Answer:
Crude petroleum, gold, pearls, precious stones, petroleum products, Telecom instruments, electronic components, industrial machinery, electronic components, Animal/vegetable fats, oils, waxes, Plastics, plastic articles, and medical apparatus. So China is the biggest source of Indian import
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Answer:
The following points may help you:
a. Some of the major export items are cotton textiles, commercial crops like wheat, rice, corns, tea, coffee , food and beverage products,gems and jewellery, coal, precious semi precious stiones, Iron and steel, engineering goods, chemical and allied products, petroleum products.
b. Some of the major import items are Crude Petroleum and petroleum products.pearls and precious stones, inorganic chemicals, coal, coke etc.
c. There are certain items which may figure in both export and import list, like petroleum products , chemical , precious stones etc , because there are certain types or varieties which are required to be imported and exported if available in surplus.
d. We may give example of chemicals which form part of our exports, but inorganic chemicals are imported due to lack of adequate supply and to meet the growing needs.