current global trade scenario
DESCRIPTION
TRANSCRIPT
GLOBAL
TRADING ENVIRONMENT
Presented by :Navdeep Malik
GLOBAL TRADE Exchange of goods and services along
international borders.Making and collecting payments for
transactions in goods and services.Summary of trade undertaken is reflected in
the Balance of Payment.
WHY GLOBAL TRADE Optimum utilisation of resources.Competitive environment.Standardised goods and services.Foreign investments.Enhance employment.Enhance employment.
CURRENT SCENARIO INDIAN ECONOMY
India CAD is $88 billion accounting to 4.8% of GDP.
Exports increased by 11.6% for July 2013 and 13% in august.
Imports fell by 6.2% to $38.1 billion from $40.6 billion.
Import duty on jewellery hiked to 15%.Growth rate brought to 5.3% from previous
projection of 6.4%.Repo rate raised from7.25% to 7.50% and MSF
down from 10.50 % to 9.50%.
PMEAC PROJECTION FOR 2013-2014
2010-11 2011-12 2012-13 2013-14
9.30%
6.30%5.00% 5.30%
GDP GROWTHSeries1 Polynomial (Series1)
2010-11 2011-12 2012-13 2013-14
7.90%
3.60%
1.90%
4.80%
AGRICULTURE GROWTHSeries1 Polynomial (Series1)
DECLINE PROJECTION
2010-11 2011-12 2012-13 2013-14
46
78.287.8
70
CAD ($bn)Series1 Polynomial (Series1)
2010-11 2011-12 2012-13 2013-14
40.5
56.3 53.7
38
GOLD IMPORTSSeries1 Polynomial (Series1)
EXPORT FIGURES FOR APRIL-JUNE
COUNTRY 2013-2014(Apr-June) % SHARE
USA 9,944.97 13.7685
U.A.E 7,387.93 10.2284
SAUDI ARAB 2,989.20 4.1385
HONG KONG 3,023.35 4.1857
SINGAPORE 3,952.25 5.4718
JAPAN 1,652.86 2.2883
GERMANY 1,774.71 2.4570
FRANCE 1,219.22 1.6880
CHINA 2,428.59 3.3623
BHUTAN 21.52 0.0298
PAKISTAN 432.14 0.5983
SRILANKA 756.99 1.0480
IMPORT FIGURES FOR APRIL-JUNE
COUNTRY 2013-2014(APR-JUN % SHARE
CHINA 12,078.47 9.8463
SAUDI ARAB 8,593.64 7.0055
SINGAPORE 1,474.77 1.2022
QATAR 4,017.76 3.2752
MALAYSIA 2,496.66 2.0353
KUWAIT 4,897.43 3.9923
JAPAN 2,572.29 2.0969
IRAQ 5,919.18 4.8253
U S A 5,869.69 4.7849
U.A.E 9,263.53 7.5515
GERMANY 3,088.42 2.5176
JAPAN ECONOMY AT GLANCEEconomy is the third largest in terms of GDP.Economy is recovering from deflation.Course for its longest run of trade deficits.Trade deficit rose to 960 billion yen from 768
billion compared to last August.Economy expanded 0.9% compared to 1st quarter.Government plans to raise consumption tax.Economy to boost as Tokyo won the bid to host
the 2020 Olympic and Paralympics Games.Japan will spend an estimated $8bn (£5bn) on
refurbishing old stadiums and building new ones.
• Third largest automobile manufacturing country.
• Exports have fallen.• Toyota Motor Co and Honda Motor Co have
reported a decline in export volumes so far this year, partly because they continue to shift production abroad.
MAJOR EXPORTS
Motor ve-hicles21%
Electrical machinery
21%
Electronics & semi conductors
18%
Chemicals12%
Iron and steel6%
Scientific equipments
3%
Others 19%
MAJOR IMPORTS
FUEL32%
MACHINERY19%FOOD
9%MANU-FAC-
TURED GOODS
9%
CHEMICALS 9%
RAW MATE-RIALS
8%
CLOTH-ING 4%
OTHERS10%
SINGAPORE • GDP expanded 3.8% compared to 1st quarter.• Most competitive and business friendly economy.• Leading foreign direct investment recipient.• Unemployment increased to 2.10% in 2nd quarter
as to 1.90%• Inflation was recorded at 2% in august.• Corporate tax is 17% in 2013 compared to 20%
i.e. all time high in 2007.• Trade surplus widened to 3526 million SGD from
3492 million SGD.
MAJOR EXPORTS
Electronics31%
Fuel26%
Chemicals 12%
others food,textiles,transpo
rt 31%
MAJOR IMPORTS
Fuel33%
Electronic components25%
Machinery16%
Chemicals6%
Manu-factured goods.
5%
others agriculture
products etc
15%
UNITED STATES OF AMERICAMost technologically advanced economies in
the world.Gross Domestic Product (GDP) expanded 2.50
percent in the second quarter of 2013.Unemployment decreased to 7.30% in august
from 7.40% in July.Annual inflation rate slows to 1.5% in august.Federal reserve said it would continue to buy
bonds of $80 billion monthly.
MAJOR EXPORTS
INDUSTRIAL SUPPLIES
34%
CAPITAL GOODS33%
FOOD AND BEVERAGE
9%
AUTO-MOTIVE & ENGINES
9%
CONSUMER GOODS
12%OTHERS
3%
MAJOR IMPORTS
INDUSTRIAL SUPPLIES
32%
CAPITAL GOODS24%
AUTO-MOTIVE& ENGINES
13%
CONSUMER GOODS
12%
FOOD AND BEVERAGE
5%
OTHERS14%
GERMANY Germany is the largest national economy
in Europe. GDP grew by 0.7% in 2nd quarter .Inflation rate down to 1.5% in August.Germany's trade balance registered a surplus
of €16.9 billion, up from €13.6 for the month of July.
German Unemployment Rate Falls in July .
MAJOR EXPORTS
CARS18%
MACHINERY15%
CHEMICALS/HARDWARE/
PHARMA/40%
OTHERS27%
MAJOR IMPORTSELECTRONICS
10%FUEL9%
VEHICLES PARTS /METALS
7%TEXTILE/FOOD/
PHARMA/RUBBER/ PLASTIC
74%