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Showing posts with the label global import export data

Major Ports in India: Gateways of Global Trade

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 India's 7,500-kilometer coastline makes it a maritime giant linking the subcontinent to global markets. Its ports function as crucial trade channels handling over 90% of its international trade by volume and about 70% by value. The country's 13 major ports located along both eastern and western shores, play a key role in India's economic growth and its rising importance in world trade. This post will give you a rundown of these major ports, look at what they export, point out why they matter , and zero in on one of the most talked-about new ports — the Vizhinjam International Seaport. This breakdown will be helpful for people keeping tabs on India's import-export numbers, or those working with companies that provide global import-export data. Overview of Major Ports in India India has 13 major ports, categorized under the central government, and over 200 minor and intermediate ports under state governance. The 13 major ports are: Kandla (Deendayal Port), Gujarat ...

Top 10 Exporter Countries in the World – Trade Insights & Key Data

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  Global trade plays a crucial role in the economic growth of nations, with exports being a key driver of revenue and employment. Understanding the top exporter countries provides valuable insights into global market trends, trade dynamics, and economic powerhouses. In this blog, we explore the   top 10 exporter countries in the world , along with key trade data and trends. For businesses and policymakers, accessing  global import export data  is essential to making informed decisions. Whether you're looking for  India import export data  or worldwide trade statistics, reliable  import export trade data providers  can offer accurate and up-to-date insights. Top 10 Exporter Countries Here are the leading exporting nations based on recent trade data: 1. China  🇨🇳 Total Exports (2024):  ~$3.5 trillion Key Exports:  Electronics, machinery, textiles, steel, and consumer goods. Trade Insight:  China remains the world's largest expo...

India Spice Export Import Trade Intelligent platform

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  India, often referred to as the  "Land of Spices,"  has been a pivotal player in the global spice trade for centuries. From the ancient Silk Road to modern-day exports, Indian spices have captivated the world with their aroma, flavor, and medicinal properties. Today, India is the  largest exporter, producer, and consumer of spices  globally, contributing significantly to the country’s agricultural economy. This blog explores: The significance of India’s spice trade Major spices exported and imported Key markets and trade trends Challenges and future opportunities India’s Dominance in the Global Spice Trade India accounts for  over 45% of global spice exports , supplying more than  75 different varieties  of spices to over  180 countries . The country’s spice exports have consistently grown, reaching  $4 billion in 2023-24 , with increasing demand for organic and value-added spice products. Top Spices Exported from India Chili Pepper ...

Strategies for Indian Companies to Enhance Turmeric Exports

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 A spice that holds centuries of culture, India is the world’s largest producer and exporter of turmeric. The global turmeric market is forecast to grow at a CAGR of 16.1% from now to 2028, which is why the country has set itself an ambitious target of its turmeric exports reaching $1 billion by 2030. Indian industries need to take strategic initiatives to improve production, maintain quality and increase market presence to realize this objective. Current Landscape of Turmeric Production and Export Although India accounts for more than 70 percent of global turmeric production, with primary areas of cultivation in Andhra Pradesh, Telangana, Tamil Nadu, Odisha, Karnataka, and West Bengal. For 2023-24, the country exported around 162,000 tonnes of turmeric worth $226.5 million. Other major buyers of Indian turmeric are Bangladesh, the United Arab Emirates, the United States and Malaysia, with North America being the largest market and Europe being the fastest-growing market. Creating...

Indian Textiles Gain as U.S. Cotton Prices Fall Amid China's Tariffs

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The global textile industry is experiencing a significant shift, with India's textile sector emerging as a key beneficiary. This change is primarily driven by the recent decline in U.S. cotton prices, a consequence of China's imposition of 10-15% retaliatory tariffs on U.S. cotton imports This development has created a ripple effect, offering India an opportunity to enhance its position in the global textile market. The Catalyst: China's Tariffs on U.S. Cotton In response to escalating trade tensions, China, one of the largest consumers of U.S. cotton, imposed tariffs ranging from 10-15% on U.S. cotton imports. This move led to a significant reduction in demand for U.S. cotton from China, resulting in an oversupply and a subsequent drop in prices to a four-year low. This price decline has created a favorable scenario for other textile-producing nations, particularly India. India's Strategic Advantage India, a leading exporter of cotton yarn with a global market share of...

India's Edible Oil Imports Navigating Global Challenges

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  India, one of the biggest consumers and importers of edible oils in the world, imports around seventy percent of the total vegetable oil needed. Therefore, India's more open-edged dependence on foreign sources makes the country before risky against global market price fluctuations and volatility, geopolitical issues, and related domestic agricultural problems. With a large range of edible oil imports projected in future times, great importance needs to be placed on understanding on what factors govern the trends behind India's excessive imports of edible oil. This is useful for policymakers, industry participants, and consumers.  The Landscape of Edible Oil Consumption in India The edible oil consumed in India are palm oil, soybean oil, sunflower oil, and mustard oil. Edible oil consumed in India is very high because of its many cultures and traditions. The continuous increase in total Indian consumption is due to population growth, urbanization, and changing diets. Looking...