Indian Trade Import Export Data
Despite being a trade deficit country, India has become an important trading partner among the countries mentioned by World Customs Organizations (WCO). In terms of power parity in purchasing, it ranks the third position and is known as the world's largest trade importer. New opportunities for economic development are generated through this trading path. Materials that are imported mostly are petroleum products, electronic products, silver, gold, and precious stones. Exports of India include agricultural products, petroleum products, jewelry, textiles, and gems. Indian Trade Data shares that it had a total import trade of around 617,945,603.08 in thousands whereas the total export data is 322,291,568.43 in thousands as per the year 2018. The major trading partner for exports are China, United States, Hong Kong, United Arab Emirates, and Singapore and the main importing countries were China, United Arab Emirates, United States, and Iraq. Trade Data of India showed that its expor...