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India’s Foreign Trade: Direction and Composition of Trade Presented by Range Gowda I Ph.D (Agril. Economics)

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Page 1: India’s Foreign Trade: Direction and Composition of Trade

India’s Foreign Trade: Direction and

Composition of Trade

Presented by

Range Gowda

I Ph.D (Agril. Economics)

Page 2: India’s Foreign Trade: Direction and Composition of Trade

INTRODUCTION

Trade between two or more nations is called foreign trade or

international trade

Foreign trade is also known as external trade.

Foreign trade

transaction

Import trade

Export trade

Net Exports

Page 3: India’s Foreign Trade: Direction and Composition of Trade

Importance

Development of the Economy

Meeting the shortages

Imports for better living standard

Improving quality of production

Growth of the Economy- Production; Employment; Expansion; Demand of other goods; utilization of resources

Source of Foreign Exchange

IMPORTS

Page 4: India’s Foreign Trade: Direction and Composition of Trade

India’s merchandise exports reached a level of US $ 312.61 billion during

2013-14 registering a growth of 4.06 percent as compared to a negative growth

of 1.82 percent during the previous year.

Exports recorded a growth of 4.06 per cent during Apr-Mar 2013-14.

The Government had set an export target of US $ 325 billion for 2013-14.

The merchandise exports have reached US $ 312.61 billion in 2013-14. Export

target and achievement from 2004-05 to 2013-14 is given in the Fig.1

Page 5: India’s Foreign Trade: Direction and Composition of Trade

Fig. 1 Export target and Achievement

Page 6: India’s Foreign Trade: Direction and Composition of Trade

Table 1.Trade Data for period 2004-05 to

2013-14 Rs Crores

Source: DGCI&S, Kolkata

Page 7: India’s Foreign Trade: Direction and Composition of Trade

Foreign trade has played a crucial role in India s economy and its

growth

The composition and direction of foreign trade has undergone

substantial changes particularly after the liberalization process which

began in early 1990’s.

Over the years, India's trade with other countries have gone up

substantially. Apart from that, India is now a major player in global

trading systems and all the major sectors of Indian economy are

linked to the world outside either directly or indirectly through

international trade.

Page 8: India’s Foreign Trade: Direction and Composition of Trade

Composition

Export Import

Fuels, capital goods,

chemicals, food grains,

Petroleum products, Capital

goods ,Pearls and precious

gems, Iron and steel

Fertilizers ,edible oil

Manufactured goods textiles , Gems and

Jewellery, Handicraft, Light machinery etc.

Page 9: India’s Foreign Trade: Direction and Composition of Trade

IMPORTS

It refers to goods that we buy from other countries.

At times of independence India was an agrarian economy.

Partition of our country has brought food shortage because wheat

growing regions vested with Pakistan.

Hence India need to import in large quantities, food , cotton jute. Etc

Page 10: India’s Foreign Trade: Direction and Composition of Trade

With development of economy over these days, there occurred

changes in composition of imports.

The development required setting up of industries modernization of

agriculture etc.

Capital goods like machinery chemicals fertilizers metals minerals

petroleum products etc.

Contd..

Page 11: India’s Foreign Trade: Direction and Composition of Trade

EXPORTS

Exports means that we are selling commodities to other countries.

At the time of independence our exports comprise of agricultural

products like tobacco, spices, raw materials of cotton and jute etc.

Due to industrialization the proportion of raw materials in our exports

declined.

Page 12: India’s Foreign Trade: Direction and Composition of Trade

DIRECTION OF INDIA’S FOREIGN

TRADE

Direction means countries to which India exports its goods and

countries from which it imports.

Direction of trade also helps to understand the diplomatic

relationship maintained by India with other countries of trade.

West Europe (28.1 per cent), America (25.4 per cent), Africa

(6.3 per cent) and East Europe (3.1 per cent).

Page 13: India’s Foreign Trade: Direction and Composition of Trade

Group of countries to which India Exports

OECD OPECEASTERN EUROPE

ASEAN

Page 14: India’s Foreign Trade: Direction and Composition of Trade

Organization for Economic Co-operation &

Development (OECD).

• USA, Canada, European Union (EU), Australia and Japan

Organization of Petroleum Exporting

Countries (OPEC)

• Kuwait, Iran, Iraq, Saudi Arabia and others.

Eastern Europe.

• Romania, Russia and others

Developing Nations

• China, Hong Kong, South Korea, Singapore and Malaysia.

Contd..

Page 15: India’s Foreign Trade: Direction and Composition of Trade

Rank Country Apr-Oct 2013 Apr-Oct 2014 %Growth %Share

1 U S A 1,38,361.69 1,56,989.51 13.46 13.99

2 U ARAB 1,06,301.59 1,18,755.34 11.72 10.58

3 SAUDI ARAB 44,574.68 48,892.93 9.69 4.36

4 HONG KONG 46,268.35 48,174.01 4.12 4.29

5 CHINA 43,553.83 41,049.86 -5.75 3.66

6 SINGAPORE 51,821.36 34,751.25 -32.94 3.1

7 U K 33,009.03 33,334.27 0.99 2.97

8 BRAZIL 17,541.28 28,308.36 61.38 2.52

9 GERMANY 25,330.86 27,134.18 7.12 2.42

10 NETHERLAND 29,841.05 22,915.51 -23.21 2.04

11 SRI LANKA 13,774.66 22,381.28 62.48 1.99

12SOUTH

AFRICA 18,243.74 22,368.88 22.61 1.99

13 BANGLADESH 19,292.92 21,677.57 12.36 1.93

14 VIETNAM 16,291.64 21,369.50 31.17 1.9

15 BELGIUM 21,547.40 20,267.13 -5.94 1.81

Total 10,80,203.40 11,22,499.74 3.92 100

Values in Rs. Crores

Source: (DGCI&S), Kolkata

Table 2. Top 15 Countries of Export (2013-

2014)

Page 16: India’s Foreign Trade: Direction and Composition of Trade

-40

-20

0

20

40

60

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A

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Fig. 2 Top 15 countries % Growth in Export 2013-14

Source: DGCI&S, Kolkata

Page 17: India’s Foreign Trade: Direction and Composition of Trade

13.99

10.58

4.364.29

3.66

3.1

2.97

2.52

2.42

2.04

1.99

1.99

1.931.9 1.81

1 U S A

2 U ARAB

3 SAUDI ARAB

4 HONG KONG

5 CHINA

6 SINGAPORE

7 U K

8 BRAZIL

9 GERMANY

10 NETHERLAND

11 SRI LANKA DSR

12 SOUTH AFRICA

13 BANGLADESH

14 VIETNAM

15 BELGIUM

Fig. 3 Top 15 countries % Share in Export 2013-14

Source: DGCI&S, Kolkata

Page 18: India’s Foreign Trade: Direction and Composition of Trade

Rank Country Apr-Oct 2013 Apr-Oct 2014 %Growth %Share

1 CHINA 182780.64 210531.91 15.18 12.76

2 SAUDI ARAB 125972.38 115854.96 -8.03 7.02

3 U ARAB 110228.82 99425.31 -9.8 6.03

4 SWITZERLAND 77638.23 78953.48 1.69 4.79

5 U S A 85294.26 74775.57 -12.33 4.53

6 IRAQ 69632.05 59472.33 -14.59 3.61

7 QATAR 51771.75 57953.07 11.94 3.51

8 KUWAIT 62476.6 56084.46 -10.23 3.4

9 NIGERIA 45226 55214.16 22.09 3.35

10 INDONESIA 50493.38 51555.86 2.1 3.13

11 VENEZUELA 52390.42 48347.22 -7.72 2.93

12 KOREA RP 44509.77 47931.73 7.69 2.91

13 GERMANY 44901.09 44943.11 0.09 2.72

14 MALAYSIA 32752.77 41564.97 26.91 2.52

15 BELGIUM 36770.14 39733.32 8.06 2.41

Total 1590363.02 1649496.64 3.72 100

Source: DGCI&S, Kolkata

Values in Rs. CroresTable 3 .15 Countries of Import

Page 19: India’s Foreign Trade: Direction and Composition of Trade

-20

-15

-10

-5

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25

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Fig. 4 Top 15 countries % Growth in Import 2013 14

Source: DGCI&S, Kolkata

Page 20: India’s Foreign Trade: Direction and Composition of Trade

12.76

7.02

6.03

4.79

4.533.61

3.51

3.4

3.35

3.13

2.93

2.91

2.72

2.522.41 1 CHINA

2 SAUDI ARAB

3 U ARAB

4 SWITZERLAND

5 U S A

6 IRAQ

7 QATAR

8 KUWAIT

9 NIGERIA

10 INDONESIA

11 VENEZUELA

12 KOREA RP

13 GERMANY

14 MALAYSIA

15 BELGIUMFig.5 Top 15 countries %Share in Import 2013-14

Source: DGCI&S, Kolkata

Page 21: India’s Foreign Trade: Direction and Composition of Trade

Table 4. Top 15 Commodities of Export

Rank Commodity Apr-Oct 2013Apr-

Oct 2014(P)%Growth %Share

1 PETROLEUM PRODUCTS 2,29,299.95 2,32,089.79 1.22 20.68

2 PEARL, PRECS, SEMIPRECS STONES 1,05,188.65 91,005.42 -13.48 8.11

3 GOLD AND OTH PRECS METL JWLERY 36,456.20 46,715.35 28.14 4.16

4 DRUG FORMULATIONS, BIOLOGICALS 36,385.69 39,993.19 9.91 3.56

5 IRON AND STEEL 30,130.97 31,892.78 5.85 2.84

6 RMG COTTON INCL ACCESSORIES 29,556.86 31,754.95 7.44 2.83

7 PRODUCTS OF IRON AND STEEL 22,965.26 26,078.31 13.56 2.32

8 MOTOR VEHICLE/CARS 20,871.11 23,224.72 11.28 2.07

9 MARINE PRODUCTS 16,851.27 20,834.66 23.64 1.86

10 ORGANIC CHEMICALS 18,984.98 19,803.09 4.31 1.76

11 COTTON FABRICS, MADEUPS ETC. 17,580.49 19,633.30 11.68 1.75

12 MANMADE YARN,FABRICS,MADEUPS 17,644.25 18,835.06 6.75 1.68

13 SHIP, BOAT AND FLOATING STRUCT 12,817.86 18,583.18 44.98 1.66

14 AIRCRAFT, SPACECRAFT AND PARTS 14,001.14 17,390.52 24.21 1.55

15 INDL. MACHNRY FOR DAIRY ETC 14,449.88 16,421.57 13.65 1.46

Total 10,80,203.40 11,22,499.74 3.92 100

Source: DGCI&S, Kolkata

Values in Rs. Crores

Page 22: India’s Foreign Trade: Direction and Composition of Trade

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Source: DGCI&S, Kolkata

Fig. 6 Top 15 Commodities % Growth in Export 2013-14

Page 23: India’s Foreign Trade: Direction and Composition of Trade

20.68

8.11

4.16

3.56

2.84

2.83

2.32

2.07

1.86

1.76

1.75

1.68

1.661.55

1.46

Fig.7 Top 15 Commodities % Share in

Export 2013-14

PETROLEUM PRODUCTS

PEARL, PRECS, SEMIPRECS STONES

GOLD AND OTH PRECS METL JWLERY

DRUG FORMULATIONS, BIOLOGICALS

IRON AND STEEL

RMG COTTON INCL ACCESSORIES

PRODUCTS OF IRON AND STEEL

MOTOR VEHICLE/CARS

MARINE PRODUCTS

ORGANIC CHEMICALS

COTTON FABRICS, MADEUPS ETC.

MANMADE YARN,FABRICS,MADEUPS

SHIP, BOAT AND FLOATING STRUCT

AIRCRAFT, SPACECRAFT AND PARTS

INDL. MACHNRY FOR DAIRY ETC

Source: DGCI&S, Kolkata

Page 24: India’s Foreign Trade: Direction and Composition of Trade

Table 5. Top 15 Commodities of Import

Rank Commodity Apr-Oct 2013 Apr-Oct 2014(P) %Growth %Share

1 PETROLEUM: CRUDE 4,98,932.69 4,18,522.14 -16.12 25.37

2 GOLD 1,20,335.78 1,13,969.57 -5.29 6.91

3 OTHER COMMODITIES 42,854.16 1,10,246.83 157.26 6.68

4 PETROLEUM PRODUCTS 68,708.96 85,457.93 24.38 5.18

5 PEARL, PRECS, SEMIPRECS STONES 86,144.39 82,157.64 -4.63 4.98

6 COAL,COKE AND BRIQUITTES ETC 56,454.13 61,221.04 8.44 3.71

7 TELECOM INSTRUMENTS 39,869.59 51,295.04 28.66 3.11

8 ORGANIC CHEMICALS 39,355.32 44,835.22 13.92 2.72

9 IRON AND STEEL 34,058.25 42,707.77 25.4 2.59

10 PLASTIC RAW MATERIALS 27,524.61 35,437.01 28.75 2.15

11 VEGETABLE OILS 23,637.73 35,408.86 49.8 2.15

12 INDL. MACHNRY FOR DAIRY ETC 31,248.24 31,629.44 1.22 1.92

13 COMPUTER HARDWARE, PERIPHERALS 26,080.38 25,866.05 -0.82 1.57

14 BULK MINERALS AND ORES 19,331.44 24,938.30 29 1.51

15 FERTILEZERS MANUFACTURED 24,145.46 20,990.74 -13.07 1.27

Total 15,90,363.03 16,49,496.65 3.72 100

Source: DGCI&S, Kolkata

Values in Rs. Crores

Page 25: India’s Foreign Trade: Direction and Composition of Trade

-40

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Source: DGCI&S, Kolkata

Fig.8 Top 15 Commodities % Growth in Import 2013-14

Page 26: India’s Foreign Trade: Direction and Composition of Trade

25.37

6.91

6.68

5.18

4.98

3.71

3.11

2.72

2.59

2.15

2.15

1.92

1.57

1.51

1.27

Fig. 9 Top 15 Commodities % Share in Import

2013-14

PETROLEUM: CRUDE

GOLD

OTHER COMMODITIES

PETROLEUM PRODUCTS

PEARL, PRECS, SEMIPRECS STONES

COAL,COKE AND BRIQUITTES ETC

TELECOM INSTRUMENTS

ORGANIC CHEMICALS

IRON AND STEEL

PLASTIC RAW MATERIALS

VEGETABLE OILS

INDL. MACHNRY FOR DAIRY ETC

COMPUTER HARDWARE, PERIPHERALS

BULK MINERALS AND ORES

FERTILEZERS MANUFACTURED

Source: DGCI&S, Kolkata

Page 27: India’s Foreign Trade: Direction and Composition of Trade

Table 6. Export of Principal Commodities Groups

Commodity Apr-Mar 2013 Apr-Mar 2014 %Growth %Share

A) PLANTATION 9,429.86 9,672.45 2.57 0.51

B) AGRI & ALLIED PRDTS 1,74,194.01 1,95,731.08 12.36 10.27

C) MARINE PRODUCTS 18,841.20 30,627.28 62.55 1.61

D) ORES & MINERALS 30,597.00 34,063.47 11.33 1.79

E) LEATHER & MNFRS 26,596.87 34,679.98 30.39 1.82

F) GEMS & JEWELLERY 2,36,162.03 2,52,175.14 6.78 13.24

G) SPORTS GOODS 1,125.33 1,437.49 27.74 0.08

H) CHEMICALS & RELATED PRODUCTS 2,25,865.81 2,66,453.03 17.97 13.99

I) ENGINEERING GOODS 3,08,948.09 3,73,931.68 21.03 19.63

J) ELECTRONIC GOODS 45,970.26 46,703.78 1.6 2.45

K) PROJECT GOODS 780.8 291.22 -62.7 0.02

L) TEXTILES 1,43,444.81 1,84,770.64 28.81 9.7

M) HANDICRAFTS 1,110.29 1,721.68 55.07 0.09

N) CARPETS 5,374.22 6,278.31 16.82 0.33

O) COTTON RAW INCL WASTE 20,276.51 22,337.84 10.17 1.17

P) PETROLEUM PRODUCTS 3,30,790.01 3,83,247.88 15.86 20.12

Q) UNCLASSIFIED EXPORTS 54,811.74 60,888.15 11.09 3.2

Total 16,34,318.83 19,05,011.08 16.56 100

Source: DGCI&S, Kolkata

Values in Rs. Crores

Page 28: India’s Foreign Trade: Direction and Composition of Trade

2.57

12.36

62.55

11.33

30.39

6.78

27.74

17.9721.03

1.6

-62.7

28.81

55.07

16.82

10.17

15.8611.09

Fig. 10 Export of Principal Commodities Groups Growth

(2013-14)

Source: DGCI&S, Kolkata

Page 29: India’s Foreign Trade: Direction and Composition of Trade

0.51

10.271.61

1.79

1.82

13.24

0.08

13.99

19.63

2.450.02

9.7

0.09

0.33

1.17

20.12

3.2

Fig. 11 Export of Principal Commodities Groups

% Share (2013-14)

A)  PLANTATION

B)  AGRI & ALLIED PRDTS

C)  MARINE PRODUCTS

D)  ORES & MINERALS

E)  LEATHER & MNFRS

F)  GEMS & JEWELLERY

G)  SPORTS GOODS

H)  CHEMICALS & RELATED PRODUCTS

I)  ENGINEERING GOODS

J)  ELECTRONIC GOODS

K)  PROJECT GOODS

L)  TEXTILES

M)  HANDICRAFTS

N)  CARPETS

O)  COTTON RAW INCL WASTE

P)  PETROLEUM PRODUCTS

Q)  UNCLASSIFIED EXPORTS

Page 30: India’s Foreign Trade: Direction and Composition of Trade

Table 7. Import of Principal Commodities Groups 2013-

2014

Commodity Apr-Mar 2013 Apr-Mar 2014 %Growth %Share

A) BULK IMPORTS 12,10,529.52 12,90,386.27 6.6 47.52

B) PEARLS, PRECIOUS & SEMI-

PRECIOUS STONES 1,23,043.23 1,44,167.22 17.17 5.31

C) MACHINERY 2,83,054.87 2,76,846.86 -2.19 10.2

D) PROJECT GOODS 35,658.51 27,442.24 -23.04 1.01

E) OTHERS 10,16,700.06 9,76,373.77 -3.97 35.96

Total 26,69,161.95 27,15,433.90 1.73 100

Source: DGCI&S, Kolkata

Values in Rs. Crores

Page 31: India’s Foreign Trade: Direction and Composition of Trade

6.6

17.17

-2.19

-23.04

-3.97

A)  BULK IMPORTS B)  PEARLS

ANDPRECIOUS

STONES

C)  MACHINERY D)  PROJECT

GOODS

E)  OTHERS

Fig.12 Import of Principal Commodities Groups

2013-2014 % Growth

Source: DGCI&S, Kolkata

Page 32: India’s Foreign Trade: Direction and Composition of Trade

47.52

5.31

10.21.01

35.96

Fig. 13 Import of Principal Commodities Groups

2013-2014 %Share

A)  BULK IMPORTS

B)  PEARLS ANDPRECIOUS

STONES

C)  MACHINERY

D)  PROJECT GOODS

E)  OTHERS

Source: DGCI&S, Kolkata

Page 33: India’s Foreign Trade: Direction and Composition of Trade

Table 8. Import by Region India

2013-2014 Region Apr-Oct 2013 Apr-Oct 2014(P) %Growth %Share

1) Europe 2,57,950.06 2,57,687.52 -0.1 15.62

1.1 EU Countries 1,75,161.91 1,71,111.07 -2.31 10.37

1.2 European Free Trade Association (EFTA) 79,494.22 81,199.90 2.15 4.92

1.3 Other European Countries 3,293.93 5,376.55 63.23 0.33

2) Africa 1,28,077.64 1,48,080.27 15.62 8.98

2.1 Southern African Customs Union (SACU) 24,668.44 26,166.80 6.07 1.59

2.2 Other South African Countries 22,581.21 20,910.81 -7.4 1.27

2.3 West Africa 57,798.12 79,689.17 37.88 4.83

2.4 Central Africa 475.46 937.44 97.17 0.06

2.5 East Africa 3,480.37 4,509.45 29.57 0.27

2.6 North Africa 19,074.06 15,866.62 -16.82 0.96

3) America 1,99,364.70 2,04,886.70 2.77 12.42

3.1 North America 1,08,231.28 99,028.64 -8.5 6

3.2 Latin America 91,133.42 1,05,858.06 16.16 6.42

4) Asia 9,72,654.69 9,82,078.67 0.97 59.54

4.1 East Asia (Oceania) 36,871.44 37,530.24 1.79 2.28

4.2 ASEAN 1,45,355.99 1,60,189.17 10.2 9.71

4.3 West Asia- GCC 3,64,202.50 3,38,675.39 -7.01 20.53

4.4 Other West Asia 1,13,868.61 1,09,977.42 -3.42 6.67

4.5 NE Asia 3,04,478.28 3,26,447.30 7.22 19.79

4.6 South Asia 7,877.88 9,259.15 17.53 0.56

5) CIS & Baltics 25,746.61 30,503.73 18.48 1.85

5.1 CARs Countries 1,704.43 3,834.90 125 0.23

5.2 Other CIS Countries 24,042.18 26,668.84 10.93 1.62

6) Unspecified Region 6,561.25 26,186.97 299.12 1.59

Total 15,90,363.02 16,49,496.64 3.72 100

Values in Rs. Crores

Page 34: India’s Foreign Trade: Direction and Composition of Trade

Regions (countries) Apr-Oct 2013 Apr-Oct 2014 % Growth % Share

1) Europe 2,57,950.06 2,57,687.52 -0.1 15.62

2) Africa 1,28,077.64 1,48,080.27 15.62 8.98

3) America 1,99,364.70 2,04,886.70 2.77 12.42

4) Asia 9,72,654.69 9,82,078.67 0.97 59.54

5) CIS & Baltics 25,746.61 30,503.73 18.48 1.85

6) Unspecified Region 6,561.25 26,186.97 299.12 1.59

Total 15,90,363.02 16,49,496.64 3.72 100

Source: DGCI&S, Kolkata

Table 9. Import by Region India

2013-2014 Values in Rs. Crores

Page 35: India’s Foreign Trade: Direction and Composition of Trade

15.62

8.98

12.42

59.54

1.85 1.59

Fig. 14 Import by Region India 2013-2014

%Share

1)  Europe

2)  Africa

3)  America

4)  Asia

5)  CIS & Baltics

6)  Unspecified Region

Source: DGCI&S, Kolkata

Page 36: India’s Foreign Trade: Direction and Composition of Trade

Region Apr-Oct 2013 Apr-Oct 2014 %Growth %Share

1) Europe 1,97,857.81 2,00,017.00 1.09 17.82

1.1 EU Countries 1,76,765.43 1,75,256.71 -0.85 15.61

1.2 European Free Trade Associatipn (EFTA) 8,381.81 4,494.31 -46.38 0.4

1.3 Other European Countries 12,710.57 20,265.98 59.44 1.81

2) Africa 1,02,428.35 1,25,376.38 22.4 11.17

2.1 Southern African Customs Union (SACU) 19,738.12 23,131.75 17.19 2.06

2.2 Other South African Countries 6,796.66 12,513.79 84.12 1.11

2.3 West Africa 24,571.90 25,196.60 2.54 2.24

2.4 Central Africa 3,601.79 4,238.47 17.68 0.38

2.5 East Africa 29,770.03 39,132.24 31.45 3.49

2.6 North Africa 17,949.85 21,163.53 17.9 1.89

3) America 1,87,482.67 2,22,092.91 18.46 19.79

3.1 North America 1,51,645.44 1,74,292.29 14.93 15.53

3.2 Latin America 35,837.23 47,800.63 33.38 4.26

4) Asia 5,31,151.26 5,52,240.93 3.97 49.2

4.1 East Asia (Oceania) 9,267.40 11,825.87 27.61 1.05

4.2 ASEAN 1,20,091.96 1,08,631.00 -9.54 9.68

4.3 West Asia- GCC 1,69,071.42 1,85,766.51 9.87 16.55

4.4 Other West Asia 43,996.66 41,560.55 -5.54 3.7

4.5 NE Asia 1,34,378.83 1,34,384.92 0 11.97

4.6 South Asia 54,344.98 70,072.09 28.94 6.24

5) CIS & Baltics 11,746.08 12,133.88 3.3 1.08

5.1 CARs Countries 1,713.55 2,074.83 21.08 0.18

5.2 Other CIS Countries 10,032.53 10,059.06 0.26 0.9

6) Unspecified Region 49,316.20 10,322.38 -79.07 0.92

Total 10,80,203.40 11,22,499.74 3.92 100

Table 10. Export by Region India 2013-2014 Values in Rs. Crores

Page 37: India’s Foreign Trade: Direction and Composition of Trade

Region Apr-Oct 2013 Apr-Oct 2014 % Growth % Share

1) Europe 1,97,857.81 2,00,017.00 1.09 17.82

2) Africa 1,02,428.35 1,25,376.38 22.4 11.17

3) America 1,87,482.67 2,22,092.91 18.46 19.79

4) Asia 5,31,151.26 5,52,240.93 3.97 49.2

5) CIS & Baltics 11,746.08 12,133.88 3.3 1.08

6) Unspecified Region 49,316.20 10,322.38 -79.07 0.92

Total 10,80,203.40 11,22,499.74 3.92 100

Source: DGCI&S, Kolkata

Table 11. Export by Region India

2013-2014 Values in Rs. Crores

Page 38: India’s Foreign Trade: Direction and Composition of Trade

17.82

11.17

19.79

49.2

1.08 0.92

Fig.15 Export by Region India 2013-2014

%Share

1)  Europe

2)  Africa

3)  America

4)  Asia

5)  CIS & Baltics

6)  Unspecified Region

Source: DGCI&S, Kolkata

Page 39: India’s Foreign Trade: Direction and Composition of Trade

time

Commodity/Country

1 2 3 4 5 6 7 8 9 10

Sub total

%Share of commodity in India's total

Export U S A U ARAB CHINAHONG K

ONG SINGAPORE SAUDI ARAB

UNSPEC IFIED

U K NETHER

LAND GERMAN

Y

1PETROLEUM (CRUDE & PRODUCTS)

23,588.20 25,404.48 6,295.97 155.61 43,974.57 41,144.32 33,670.71 6,569.97 23,232.07 209.06 2,04,244.97

20.12

-6.15 -6.63 -1.64 -0.04 -11.47 -10.74 -8.79 -1.71 -6.06 -0.05 -53.29

2GEMS & JEWELLARY

47,236.17 77,262.22 758.33 67,621.71 3,215.34 136.46 11,513.54 2,650.74 131.13 708.57 2,11,234.20

13.24

-18.73 -30.64 -0.3 -26.82 -1.28 -0.05 -4.57 -1.05 -0.05 -0.28 -83.76

3TRANSPORT EQUIPMENTS

9,081.35 14,807.37 3,269.14 103.06 11,638.29 2,356.81 34.28 5,905.31 2,179.83 2,400.80 51,776.24

6.82

-6.99 -11.4 -2.52 -0.08 -8.96 -1.82 -0.03 -4.55 -1.68 -1.85 -39.88

4MACHINERY AND INSTRUMENTS

12,570.03 4,582.86 3,083.94 605.54 2,621.97 3,356.97 116.66 4,583.46 1,179.31 4,955.45 37,656.18

5.15

-12.82 -4.68 -3.15 -0.62 -2.67 -3.42 -0.12 -4.68 -1.2 -5.06 -38.41

5DRUGS,PHRMCUTES & FINE CHEMLS

24,361.32 718.64 729.17 247.6 740.34 210.07 1,285.22 3,169.03 1,536.03 2,776.81 35,774.24

4.84

-26.43 -0.78 -0.79 -0.27 -0.8 -0.23 -1.39 -3.44 -1.67 -3.01 -38.81

Table 12. India's First 10 Product Groups and First 10 Countries ( 10x10 Matrix) Matrix of

Export for the Period Apr-2013 to Mar-2014 Values in Rs. Crores

Source: DGCI&S, Kolkata

Page 40: India’s Foreign Trade: Direction and Composition of Trade

Commodity/Cou

ntry 1 2 3 4 5 6 7 8 9 10 Sub total of

Export of

10

Countries

%Share of

commodity

in India's

total Export U S A U ARAB

EMTS CHINA P RP

HONG K

ONG

SINGAP

ORE

SAUDI

ARAB

UNSPEC

IFIED U K

NETHER

LAND

GERMAN

Y

6

OTHER

COMMODITIE

S

8,557.61 6,676.23 1,266.10 118.49 1,251.12 583.81 18,886.08 1,731.80 599.71 1,690.41 41,361.35

3.19

-14.08 -10.98 -2.08 -0.19 -2.06 -0.96 -31.07 -2.85 -0.99 -2.78 -68.04

7

MANUFACTU

RES OF

METALS

11,037.99 7,148.95 630.19 120.96 666.77 2,216.40 26.07 3,511.51 1,263.59 3,366.07 29,988.51

3.08

-18.79 -12.17 -1.07 -0.21 -1.14 -3.77 -0.04 -5.98 -2.15 -5.73 -51.06

8

RMG COTTON

INCL

ACCESSORIES

13,522.94 4,294.08 257.85 349.92 195.25 1,164.76 50.96 6,486.38 2,101.17 5,235.83 33,659.13

2.88

-24.63 -7.82 -0.47 -0.64 -0.36 -2.12 -0.09 -11.81 -3.83 -9.53 -61.29

9

COTTON

YARN,FABRIC

S,MADEUPSE

TC

9,168.45 999.67 11,758.11 949.57 44.57 170.49 110.54 1,181.28 392.62 1,403.41 26,178.71

2.84

-16.96 -1.85 -21.75 -1.76 -0.08 -0.32 -0.2 -2.19 -0.73 -2.6 -48.44

10ELECTRONIC

GOODS

6,322.04 5,752.23 2,082.36 1,288.36 1,892.87 955.08 959.79 1,498.76 2,802.74 2,085.97 25,640.20

2.43

-13.66 -12.43 -4.5 -2.78 -4.09 -2.06 -2.07 -3.24 -6.06 -4.51 -55.42

Sub-total Export of

10 Commodity

1,65,446.10 1,47,646.73 30,131.16 71,560.82 66,241.09 52,295.18 66,653.84 37,288.24 35,418.19 24,832.38

6,97,513.73

{69.90} {79.90} {33.18} {92.65} {88.36} {70.80} {97.49} {62.69} {72.64} {54.50}

% Share of country

in India's total

Export

12.42 9.7 4.77 4.05 3.94 3.88 3.59 3.12 2.56 2.39 50.42

Values in Rs. Crores

Source: DGCI&S, Kolkata

Page 41: India’s Foreign Trade: Direction and Composition of Trade

Commodity/Countr

y

1 2 3 4 5 6 7 8 9 10

Sub total of

Import of 10

Countries

%Share of

commodity

in India's

total Import

CHINA P

RP

SAUDI

ARAB

U ARAB

EMTS U S A

SWITZE

RLAND IRAQ

KUWAI

T

QATA

R

INDONE

SIA

NIGER

I A

1ELECTRONIC

GOODS

96,844.78 3.33 301.72 9,818.36 726.6 5.62 0.27 0.72 1,054.60 5.22 1,08,761.22

6.9

-51.7 0 -0.16 -5.24 -0.39 0 0 0 -0.56 0 -58.07

2GOLD

306.25 195.21 30,475.75 7,070.60 98,699.90 13.32 1,36,761.02

6.12

-0.18 -0.12 -18.33 -4.25 -59.37 -0.01 -82.27

3

PERLS PRCUS

SEMIPRCS

STONES

203.16 947.67 36,111.78 3,984.51 1,394.69 0.02 0 0.24 10.3 42,652.37

5.31

-0.14 -0.66 -25.05 -2.76 -0.97 0 0 0 -0.01 -29.59

4

MACHRY EXCPT

ELEC &

ELECTRONIC

35,321.77 46.69 510.38 14,944.83 2,484.73 0 0.3 3.52 654.28 0.51 53,967.00

5.26

-24.73 -0.03 -0.36 -10.46 -1.74 0 0 0 -0.46 0 -37.79

5OTHER

COMMODITIES

15,724.64 52.39 6,204.36 21,094.30 618.97 7.16 61.52 8.46 1,450.97 47.57 45,270.35

4.18

-13.85 -0.05 -5.47 -18.58 -0.55 -0.01 -0.05 -0.01 -1.28 -0.04 -39.88

Table 13. India's First 10 Product Groups and First 10 Countries ( 10x10 Matrix) Matrix

of Import for the Period Apr-2013 to Mar-2014

Source: DGCI&S, Kolkata

Values in Rs. Crores

Page 42: India’s Foreign Trade: Direction and Composition of Trade

Commodity/Coun

try

1 2 3 4 5 6 7 8 9 10

Sub total of

Import of 10

Countries

%Share

of

commodi

ty in

India's

total

Import

CHINA P RP SAUDI

ARAB

U ARAB

EMTS U S A

SWITZE

RLAND IRAQ KUWAIT QATAR INDONE SIA NIGERI A

6

COAL,COKE &

BRIQUITTES

ETC.

3,510.93 0 3,207.49 41,328.87 48,047.28

3.65

-3.54 0 -3.24 -41.69 -48.47

7ORGANIC

CHEMICALS

26,754.82 7,351.97 141.13 5,201.00 679.14 0 4,407.13 1,575.53 1,243.35 0 47,354.08

3.53

-27.88 -7.66 -0.15 -5.42 -0.71 0 -4.59 -1.64 -1.3 0 -49.34

8TRANSPORT

EQUIPMENTS

12,327.54 8.11 3,536.13 16,606.36 45.82 0.01 1.09 1,557.15 0.02 34,082.24

3.51

-12.92 -0.01 -3.71 -17.4 -0.05 0 0 -1.63 0 -35.72

9

METALIFERS

ORES & METAL

SCRAP

444.11 2,309.74 4,971.81 2,591.96 65.4 0.01 811.63 201.46 4,539.63 171.79 16,107.53

2.68

-0.61 -3.18 -6.84 -3.57 -0.09 0 -1.12 -0.28 -6.25 -0.24 -22.17

10

VEGETABLE

OILS FIXED

(EDIBLE)

0.2 19.06 409.79 166.34 0 27,807.99 0 28,403.38

2.08

0 -0.03 -0.72 -0.29 0 -49.15 0 -50.21

Sub-total Import of

10 Commodity

1,91,438.20 10,934.17 82,662.84 84,685.74 1,04,715.25 12.79 5,280.88 1,790.78 79,650.39 235.42

5,61,406.47

{61.91} {4.96} {47.47} {62.45} {93.21} {0.01} {5.11} {1.88} {89.46} {0.27}

% Share of country

in India's total

Import

11.39 8.12 6.41 4.99 4.14 4.11 3.81 3.5 3.28 3.16 52.91

Source: DGCI&S, Kolkata

Values in Rs. Crores

Page 43: India’s Foreign Trade: Direction and Composition of Trade

Conclusion

Page 44: India’s Foreign Trade: Direction and Composition of Trade