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By : Deepak Tripathi, Portfolio Manager, Sun Group
Industry : Hedge Funds/VCs/Private Equity Functional Area : India
Activity:  4 comments  7093 views  last activity : 07 06 2010 20:18:04 +0000
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Exports are the major focus of India's trade policy. The export sector is a core sector in the economic growth of the country and is important for addressing macro economic concerns. The incentives offered by the export promotion package is comparable to that of any other country. The focus remains on inducing the foreign investors to set up export oriented units in India. India offers a production base for foreign markets around the world for sourcing components and products manufactured at a low cost.

The tables and charts below shows the trends in Exports, with the different commodities traded, to the favourite destinations, etc.

10

Year

Exports

Growth Rate

Imports

Growth Rate

Trade Deficit

2002-03

255137

22.1

297206

21.2

-42069

2003-04

293367

15.0

359108

20.8

-65741

2004-05

375340

27.9

501065

39.5

-125725

2005-06

456418

21.6

660408

31.8

-203990

2005-06(Apr-Dec)

324572.34

 

464866.02

 

-140293.68

2006-07(P)(Apr-Dec)

408394.10

25.83

598286.68

28.70

-189892.58

 

Year

Exports

Growth Rate

Imports

Growth Rate

Trade Deficit

2002-03

52719

20.3

61412

19.4

-8693

2003-04

63843

21.1

78150

27.3

-14307

2004-05

83536

30.8

111517

42.7

-27981

2005-06

103090

23.4

149166

33.8

-46076

2005-06(Apr-Dec)

73362.28

 

105118.68

 

-31756.40

2006-07(P)(Apr-Dec)

89489.08

21.98

131212.46

24.82

-41723.88

10

10

For complete reference go to teh below mentioned link.

 
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4 comments on "Trends in India’s Foreign Trade"
  Commented by  Sunil Vij, Portfolio Manager, Blackstone Group    | 09 19 2008 06:02:15 +0000
nice
  Commented by  Rajesh. M, Branch Mananger JRG SECURITIES LTD    | 07 29 2008 01:02:18 +0000
nice
  Commented by  veguru vijayakumar babu, General Manager, Sujana Group Of Companies    | 07 25 2008 21:57:22 +0000
Good one..
  Commented by  Sourav Chatterjee, IT Engineer- CMC Limited-ATata Enterprise    | 07 23 2008 00:50:11 +0000
nice 
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