Exports &

Imports in India

Presented by: Raushan Kumar Pandey

Introduction:• EXPORT :

• Goods and services that are produced domestically and sold to

buyers in another country.

• IMPORT:

• Goods & Services consumed in one country which has been bought

from another country.

• The post independence-era Indian economy (from 1947 to 1991)

was a mixed economy which failed to take advantage of the post-

war expansion of trade and that nationalized many sectors of its

economy.

Contd..• After a fiscal crisis in 1991, India has increasingly adopted free-

market principles and liberalised its economy to international

trade.

• Until the liberalisation of 1991, India was largely and

intentionally isolated from the world markets, to protect its

economy and to achieve self-reliance. • India is one of the G-20 major economies, a member

of BRICS and a developing economy that is among the top 20 global traders according to the WTO.

• India's economic growth slowed to 4.7% for the 2013–14 fiscal year, in contrast to higher economic growth rates in 2000s

Contd..• Since liberalisation, the value of India's international trade

has increased sharply, with the contribution of total trade in goods and services to the GDP rising from 16% in 1990–91 to 47% in 2008–10.

• India accounts for 1.44% of exports and 2.12% of imports for merchandise trade and 3.34% of exports and 3.31% of imports for commercial services trade worldwide.

• India's gross national income per capita had experienced high growth rates since 2002. India's Per Capita Income has tripled from Rs. 19,040 in 2002–03 to Rs. 53,331 in 2010–11, averaging 13.7% growth over these eight years peaking 15.6% in

India's exports and imports, by value, in 2013-2014.

India’s Export Data:• $296.8 billion: merchandize exports,

$145.6 billion: services exports,$442.4 billion: total (2012)

Export goods:• software, petrochemicals, agriculture products, jewellery,

engineering goods, pharmaceuticals, textiles, chemicals, transportation parts, ores and other commodities

Main exports Partners:• European Union 16.8%(2012)

United States 12.8% United Arab Emirates 12.4% China 5.1% Singapore 4.7%

India’s Import Data:

• $488.6 billion: merchandize imports,$128.1 billion: services imports,$616.7 billion: total (2012)

Import goods:• crude oil, gold and precious stones, electronics, engineering

goods, chemicals, plastics, coal and ores, iron and steel, vegetable oil and other commodities.

Main import partners:• China 11.1% (2012)

European Union 11.1% United Arab Emirates 7.7% Saudi Arabia 6.7% Switzerland 5.9%

Contd..• FDI stock• Inflows: $151.7 billion,

Outflows: $54.6 billion (2009-2013)• Revenues• $181.3 billion billion (2013 est.)• Expenses• $281.6 billion billion (2013 est.)• Foreign reserves• $316.39 billion

Thank You