India, officially known as Republic of India is
a south Asian country, which is seventh largest country by area and second most
populous country. It is bounded by the Bay of Bengal on the south-east, the
Arabian Sea on the south-west and the Indian Ocean on the south. As per the
India import export data report, India is one of the world’s fastest-growing
economies. It is one of the largest producers and exporters of agricultural
products like rice, cotton, wheat, tea, sugarcane and so on. India’s major
industries include – pharmaceuticals, leather, petroleum, steel, textiles, and
telecommunications and so on. Let’s have an overall assessment of India trade and go through the India import and export statistics. These import export data and records collected from customs and totally based on shipment records.
Geography
Location:
Southern Asia, bordering the Arabian Sea and the Bay of Bengal, between Burma
and Pakistan
Geographic Coordinates:
20 00 N, 77 00 E
Area:
3287263 sq. km (Total); 2973193 sq. km (Land); 314070 sq. km (Water)
Land Boundaries:
13888 km (Total)
Border Countries (6):
Pakistan (3190 km); Nepal (1770 km); China (2659 km); Burma (1468 km); Bhutan
(659 km) and Bangladesh (4142 km).
Coastline:
7000 km
Climate:
Varies from tropical monsoon in south to temperate in north
Natural Resources:
Coal (4th Largest Reserves in the World), Arable Land, Limestone,
Petroleum, Diamonds, Natural Gas, Chromite, Titanium Ore, Rare Earth Elements,
Bauxite, Mica, Manganese and Iron Ore.
Irrigated Land: 667000 sq. km (2012)
Government
Country Name:
Republic of India (Conventional Long Form); India (Conventional Short Form);
Republic of India/Bharatiya Gangarajya (Local Long Form); India/Bharat (Local
Short Form)
Government Type:
Federal Parliamentary Republic
Capital: New
Delhi
Time Difference:
UTC+5.5 (10.5 hours ahead of Washington DC, during Standard Time)
Independence: 15th
August 1947 (from the UK)
National Holiday:
Republic Day, 26th January 1950
Chief of State: President
Pranab Mukherjee (since 22 July 2012); Vice President Mohammad Hamid Ansari
(since 11th August 2007)
Head of Government:
Prime Minister Narendra Modi (since 26th May 2014)
National Symbol:
the Lion Capital of Ashoka
National Colours:
Saffron, White and Green
National Animal:
Tiger
National Flower:
Lotus
Economy
As
per the import-export data of India, the economy of India is the seventh
largest economy in the world in terms of GDP and third largest in terms of
purchasing power parity. India is classified as a newly industrialized country and
has a developing economy with an average growth rate of approximately 7% over
the last two decades. The customs data of India has revealed that Maharashtra
is the wealthiest Indian state, followed by Tamil Nadu and Uttar Pradesh. India’s
economy became the world’s fastest growing major economy in the last quarter of
year 2014.
India is a member of the Missile Technology Control Regime, BRICS, the Shanghai Cooperation Organization, the United Nations, the World Trade Organization, the World Bank, the International Monetary Fund, the G20, the Non-Aligned Movement, and the South Asian Association for Regional Cooperation and the Commonwealth of Nations.
According to the import export data of India, the country recorded greater value of imports. Its total value of imports and exported stood at USD 390744731000 and USD 264381004000 respectively in the year 2015. Thus, India recorded trade deficit (USD -126363727000) in the said year. Let’s find the complete India import and export statistics right below.
GDP (Purchasing Power Parity):
USD 7.965 trillion (2015 estimation)
GDP (Official Exchange Rate):
USD 2.091 trillion (2015 estimation)
GDP (Real Growth Rate):
7.3% (2015 estimation)
GDP (Per Capita):
USD 6200 (2015 estimation)
Gross National Saving: 32% of GDP (2015 estimation)
Gross National Saving: 32% of GDP (2015 estimation)
Major Industries and Agricultural Products of
India
In 2011, India was the world’s tenth largest importer and nineteenth largest exporter. Largest India exports include – textile goods, petroleum products, chemicals and jewellery and largest India imports include – machinery, crude oil, chemicals and gems. Find out the major industries and agricultural products of India right here.
Serial Number
|
Major Industries and
Agricultural Products of India
|
1.
|
Pharmaceuticals
|
2.
|
Software
|
3.
|
Machinery
|
4.
|
Petroleum
|
5.
|
Mining
|
6.
|
Cement
|
7.
|
Transportation Equipment
|
8.
|
Steel
|
9.
|
Food Processing
|
10.
|
Chemicals
|
11.
|
Textiles
|
12.
|
Agricultural Products: Fish, Poultry, Goats, Sheep, Potatoes,
Onions, Lentils, Sugarcane, Tea, Jute, Cotton, Oil Seed, Wheat and Rice
|
Customs
Data of India Imports
Last Year Value of Total India Imports
(2015): USD 390744731000
Previous Year Value of Total India Imports
(2014): USD 459369464000
List of 10 Largest Exporter Countries from which India Imported Products the Most in 2015: China (15.8%); Saudi Arabia (5.5%); Switzerland (5.4%); United States of America (5.2%); United Arab Emirates (5.2%); Indonesia (3.6%); Republic of Korea (3.3%); Germany (3%); Iraq (2.9%) and Nigeria (2.6%).
Customs Data of India Exports
Last Year Value of Total India Exports (2015): USD 264381004000
Previous Year Value of Total India Exports (2014): USD 317544642000
List of 10 Largest India Exports of 2015: Pearls, Precious Stones, Metals, Coins, etc. (14.56%); Mineral Fuels, Oils, Distillation Products, etc. (11.87%); Vehicles Other Than Railway, Tramway (5.33%); Machinery, Nuclear Reactors, Boilers, etc. (5%); Pharmaceutical Products (4.74%); Organic Chemicals (4.27%); Articles of Apparel, Accessories, Not Knit or Crochet (3.54%); Electrical, Electronic Equipment (3%); Articles of Apparel, Accessories, Knit or Crochet (2.94%) and Cotton (2.83%).
List of 10 Largest Importer Countries to which India Exported Products the Most in 2015: United States of America (15.2%); United Arab Emirates (11.3%); Hong Kong, China (4.6%); China (3.6%); United Kingdom (3.4%); Singapore (3%); Germany (2.7%); Saudi Arabia (2.6%); Bangladesh (2.1%) and Sri Lanka (2.1%).
Major Sea Ports of India
Serial Number
|
Name
|
State
|
1.
|
Kandla
|
Gujarat
|
2.
|
Nhava Sheva
|
Maharashtra
|
3.
|
Mumbai
|
Maharashtra
|
4.
|
Marmagao
|
Goa
|
5.
|
Panambur
|
Karnataka
|
6.
|
Cochin
|
Kerala
|
7.
|
Port Blair
|
Andaman
|
8.
|
Tuticorin
|
Tamil Nadu
|
9.
|
Chennai
|
Tamil Nadu
|
10.
|
Paradip
|
Odisha
|
Major Air Ports of India
Serial Number
|
Name
|
City
|
State
|
1.
|
Chhatrapati Shivaji International Airport
|
Mumbai
|
Maharashtra
|
2.
|
Indira Gandhi International Airport
|
Delhi
|
National Capital Region
|
3.
|
Chennai International Airport
|
Chennai
|
Tamil Nadu
|
4.
|
Kempegowda International Airport
|
Bangalore
|
Karnataka
|
5.
|
Netaji Subhash Chandra Bose International Airport
|
Kolkata
|
West Bengal
|
6.
|
Rajiv Gandhi International Airport
|
Hyderabad
|
Telangana
|
7.
|
Cochin International Airport
|
Kochi
|
Kerala
|
8.
|
Sardar Vallabhbhai Patel International Airport
|
Ahmedabad
|
Gujarat
|
9.
|
Thiruvananthapuram International Airport
|
Thiruvananthapuram
|
Kerala
|
10.
|
Pune International Airport
|
Pune
|
Maharashtra
|
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