Import Export Trade Details

India is a developing country and has a mixed economy. It produces many products like rice, cotton, sugar and so on and has the capability to produce those commodities that are imported from the other countries such as equipment, electronic, organic chemicals and much more. Certainly, India has been experiencing a developed economy in the past few decades. Talking about India’s Nov 2015 foreign trade statistics, its total imports stood at USD 26140124936.698 and total exports were USD 13433718906.241814.

The trade deficit of India during the same period stood at USD 12706406030.456. This means that we have to do lot more and take required economic measures in order to balance our imports and exports. Which countries were the major exporters and importers of India in Nov 2015? Let’s find out right away and right below!  

India Import Trade Statistics of Nov 2015

Country          Import (US$ Millions)     Import % Share  No. of Import Shipments

China                           4573661306.722             17.5                            647641

Switzerland                   2383084510.009             9.12                              32279

United States                1576406815.244             6.03                            197715

Saudi Arabia                 1444398594.212              5.53                                3011

United Arab Emirates   1216491758.093             4.65                              14343

Republic of Korea         1033057040.271             3.95                            118280

Germany                         868025745.847              3.32                           326072

Malaysia                          802533767.346             3.07                              28954

Nigeria                             753012399.405             2.88                                 203

Indonesia                        717200585.209             2.74                              17187

Others                           10772252414.34          41.21                           2416640

Data As On: 01-11-2015 to 30-11-2015

During 01-11-2015 to 30-11-2015, India’s total imports stood at USD 26140124396.698. China was the major supplier to India in November 2015 as 17.5% was its share of the total imports. Switzerland and United States placed at second and third with 9.12% and 6.03% of total imports respectively.  

India Export Trade Statistics of Nov 2015

Country              Import (US$ Millions)  Import % Share  No. of Import Shipments

United Arab Emirates    1288284038.213                9.59                   85067

USA                                1234493178.574               9.19                  192778

United Kingdom            1227889141.814                9.14                   284069

China                              644499827.355                4.8                      27581

Vietnam                            529077716.228              3.94                   14619

Bangladesh                     423616507.134               3.15                    40051

Germany                           418932272.112             3.12                     99460

Saudi Arabia                      308889972.96               2.3                     30522

Netherlands                     255828530.243               1.9                     37826

Singapore                        253007672.775             1.88                      41841

Others                         6849200048.8338             50.9                 1805336

Data As On: 01-11-2015 to 30-11-2015

Source: www.indiatradedata.com  

As far India’s top export destinations are concerned, United Arab Emirates stood at first place in Nov 2015. The country contributed 9.59% of the total exports. USA and United Kingdom contributed 9.19% and 9.14% respectively to the India’s total exports and stood at second and third positions respectively.

So, get the export-import data from the online market research companies and fulfill your certain business requirements in a hassle free manner! I hope this data on 2015 India top export and import countries will understand you an important part of economics

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Indonesia is the most populous country in Southeast Asia and the fourth most populous country in the world, behind China, India, and the United States. It is Located in South-eastern Asia, between the Indian Ocean and the Pacific Ocean. Indonesia and India are considered as Asia’s largest democracies. However, it is only after a gap of five years both the countries came together for trade relations. The last time both the countries entered into a trade relationship was in 1950s. Right through 2009, both countries got engaged in putting up numerous seminars, exhibitions, festivals and top visits to build bilateral relations. Indonesia stand at Rank 28 in Imports

Indonesia major Imports - machinery and equipment, chemicals, fuels, foodstuffs. Indonesia major Exports- oil and gas, electrical appliances, plywood, textiles, rubber.

On an international scale, Indonesia has one of the biggest gaps between investment potential and actual potential realisation. Preceding the Asian Financial Crisis of 1997/8, there was extensive foreign investment in Indonesia particularly from the likes of India, Japan and the United Kingdom, and the GDP growth rate was at an extra healthy 10% per annum, but subsequent to 1998, Indonesia was by far the worst affected of the Asian region economies with their GDP contracting by 13.7%. 

The Indonesian Rupiah (IDR) has since stabilised, along with the GDP, which is currently growing at a rate of 6%. Indonesia has the world's third largest reserve of natural resources, and they include; palm oil, crude oil, tin, copper, gold and natural gases. Indonesia's levels of imports are higher than average in the following sectors; machinery and equipment, fuels, chemicals and foodstuffs.

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Indonesia Import Partners: China 15.3%, Singapore 13.6%, Japan 11.9%, Malaysia 6.4%, South Korea 6.2%, US 6.1%, Thailand 6% (2012)  

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