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Import export indias forex scenario

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import export indias forex scenario

Home Sitemap FAQs Contact Us. This has been possible because of advanced technology, changing consumer preferences and year round supply. As a result, large volumes of fruits and vegetables move from one continent to another, reducing seasonality of produce markets. Also multiple, regional and bilateral trade agreements and reduction of tariff barriers as a result of WTO negotiations, have further boosted the trade and access to markets, thus providing consumers with an expanding array of fruits and vegetables. However, in case of fruits and vegetables, with total production of Taking serious concern of shortfall in production of fruits and vegetables, Govt. The main objective is to double the production of fruits from a level of 43 million tons in to 85 million tons in and vegetables from a level of 88 million tons in to This is expected to be achieved with expansion of area with better varieties, better cultivation practices and increasing productivity export existing area under fruits and vegetables. With the envisaged production of 85 million tons of fruits and million tons of vegetables at the end of XI plan i. With the anticipated production of 85 million tons of fruits and million tons of vegetables, it is estimated that there will be surplus to the tune of approx million tons of fruits and approximately million tons of vegetables at the end ofIndia has exported only 0. This shows there is an ample scope of accelerating the exports of fruits and vegetables. It is also expected that as a result of special measures taken up like, Technology Mission for cotton and integrated development programmes for soyabean, oilseeds, etc. EU, GCC, ASEAN, Australia, Korea, China, U. As far as exports from India are concerned information from APEDA database has been used. Export potential of the commodities analyzed is discussed at length in the following pages:. India is the largest producer of mango in the world. The production of mango during was reported to be 12, As per APEDA database ofmajor portion of exports 50, tons is to SAARC countries and only 24, tons have been exported to GCC countries. For EU countries only tons has been exported. India has all the facilities to meet the requirements of various importing countries. Looking in to the Global demand the potential of exports is much higher. The details of existing level of export and opportunities of exports in different regions are discussed as below:. India exported only 24, tons to GCC countries as per APEDA data during However, there is tremendous scope for expanding exports to these countries, as India produces finest quality mangoes. As per data given in Table 14, imports of mango by GCC countries are substantial; however, our contribution in Saudi Arabia, Oman, Kuwait and other markets in GCC is negligible and there is need to accelerate the process. India's exports reduce significantly during May onwards because of competition from Pakistan. Further facilities like reefer containers, growing of demand based varieties like Kesar and other popular types will improve the export scenario in India. EU countries import mangoes varying from 2, 50, tons to 3, 00, tons every year. However, scenario 07, only tons were exported from India. Out of this amount, maximum quantity export exported to UK tons. India is not able to penetrate other EU countries in a significant way. The growth of export to EU countries is almost negligible. The main reason for the absence of upsurge of export of mangoes to EU is the supply of mangoes by countries like Brazil, Peru, and Export at cheaper rates. The EU markets also prefer coloured mangoes. Consumers at times pay higher price for these coloured mangoes. Even superior edible quality of Indian mangoes does not get much attention in the presence of coloured mangoes like Tommy Atkins, Kent and Haden. Therefore, India must explore production and export of coloured mangoes like Arka Anmol, Arka Puneet, Pusa Arunima, Ambika, etc. ASEAN countries are importing mangoes to the tune of 50,tons However, exports from India to ASEAN countries are very little which may be seen from Table Thailand is supplying mangoes at much cheaper price to Malaysia and Singapore for which it has captured a larger share. Therefore, the strategy for India should be to make available much cheaper mangoes like Totapuri Banglora in Malaysian market on one hand and campaign for quality and having red blush varieties like Suvarnrekha, Kesar and Alphonso varieties on the other hand for Singapore market. For competing with Thailand, Totapuri Banglora variety requires to be exported from Eastern Port of Andhra Pradesh to save logistic costs. Simultaneously India must reduce the cost of production by increasing the productivity by high density plantations, group farming, etc. Pacific Rim countries comprise Australia, Japan, Korea, etc. Australia imported only tons during import However, Australia has very strict regulations for entry of Indian mangoes in their country. Australia has put mangoes from India under Import Risk Analysis IRA. By this, Australia is to identify and classify potential quarantine risks and develop policies to manage them. Provisional IRA has been released, but still, one cannot export mangoes to Australia, till it is totally finalized. At present Indo-Australian agreement is under negotiation, and export of mangoes is expected to be covered in the agreement. As India has already standardized irradiation treatment of mango before shipping for eliminating fruit fly, the risk has been minimized to a great extent to fulfill the import requirements. South Korea has imported tons of mangoes during At present South Korea has high duties on imported mangoes, however, India is likely to finalize Free Trade Agreement with Korea soon and it is expected that export of mangoes to South Korea may commence thereafter. According to comtrade database, Japan imported 12, tons of mangoes in forex Japan has a requirement of Vapour Heat Treatment VHT for eliminating fruit fly. India has already established facilities for VHT treatment and exported 74 tons during There is still good opportunity for accelerating export of mangoes to Japan. China has imposed moderate import duties on import of scenario under Asia Pacific Trade Agreement. Some amount of mangoes has already been exported to China. There indias good scope of exporting mangoes to China, as it imported to the tune of 23, tons during Comtrade database. According to Comtrade database, Import imported 2, 98, tons of mangoes and Canada imported 42, tons during the year There was no export of mangoes to U. A during from India and only 75 tons were exported to Canada during the year Now India has signed MOU with USA for export of mangoes since India has created irradiation facilities at a number of locations. There is a forex rise in export of grapes from India. As per the data published by APEDA, India has exported only 25, tons during which has increased to 85, tons in As per APEDA database, the export of grapes from India to various countries is shown below in Table The data shows that our exports of grapes to various countries were negligible. Main competition of India is forex South Africa and Chile. The quality of Indian grapes is export and by offering at competitive prices, it should not be difficult to accelerate exports of grapes to the tune of 40, to 50, tons to GCC countries in next years. Since India is meeting quality requirements including pesticide residue levels of all the importing countries in EU and supplying grapes at competitive prices. There is every possibility to penetrate in the export of Belgium, Germany, Spain, Netherlands and UK targeting export of 60, to 70, tons in the next years. India should also explore the possibility of export of grapes to Russian Federation and Ukraine which import as much as 3, 20, tons and 55, tons respectively. Concerted attention needs to be paid for exporting grapes to these countries. ASEAN countries import grapes to the tune of 1, 05, tons. The main importers are Indonesia 26, tonsPhilippines 14, tonsSingapore 12, tons and Vietnam 11, tons. Main competitors with India for export of grapes to these countries are U. A, Australia, China and South Africa. Out of total quantity of 1,05, tons, approx 40, tons are supplied by U. A17, - 20, tons by Australia and 10, 11, tons by China and South Africa each. However, supplies from U. India can easily compete with these countries, as location wise India is closer to ASEAN countries compared to South Africa. Moreover, India is supplying grapes at competitive prices. India has exported only tons to Malaysia, 93 tons to Singapore, 78 tons to Thailand, 34 tons to Indonesia and 13 tons Vietnam during These export volumes are negligible compared to the existing potential. Moreover because of free trade agreements with Thailand and Singapore, exports of grapes are likely to accelerate. Thus, in next years time, India may aim to achieve a target of export of import, tons considering the quality production and meeting of International standards. India needs to devise a proper marketing strategy and campaign aggressively to nurture these markets. Hong Kong is a trade hub and imported up to 91, tons and exported up to 46, tons during However, India exported only tons during Thereis excellent potential and strategies need to be worked out to capture a larger share in this market. Pacific Rim countries comprising South Korea, Japan and Australia are also importing grapes to the extent of 17, and tons, respectively. At present India is not exporting any quantity of grapes to these countries. It is expected that while finalizing Free Trade Agreement with South Korea, export of grapes will also be included. The export of grape to China should be explored as China has imported 46, tons of grapes during India and China are participants in Asia Pacific Trade Agreement which gives a scope for such opportunities. India is largest producer of pomegranates in the world and produces finest edible quality pomegranates which are available almost throughout the year. There is great opportunity for increasing the export of pomegranates to different countries as discussed below:. India exported only 11, tons of pomegranates to Gulf countries during Although, no data is available on exact quantity of imports from other countries like Spain and Iran, however, because of nearness, Iran and Lebanon are the main suppliers of pomegranates to Gulf countries. Supplies from Iran and Lebanon are from September to December and start declining from January onwards. However, in India, production of pomegranate is at peak from December to March and continues up to April - June with the production of Hast Bahar and Ambe Bahar crops. Thus, India can further explore the opportunity of exporting pomegranate to Gulf countries from January to June with least competition from Iran and other countries. Export of pomegranate from India to EU including Russia was tons during and tons during as per APEDA database. In EU countries, Spain is the main supplier of pomegranate during September to December which starts tapering from January onwards. India with the arrival of Hast Bahar and Ambe Bahar crops can supply from January onwards to July and can dominate the market without much competition from Chile, Peru, etc. Indian pomegranates are slowly finding market in ASEAN countries as there were exports of tons to Malaysia, 89 tons to Singapore, 36 tons to Thailand and 17 tons to Indonesia during Exports to these countries are very negligible as only 40 tons were exported to Japan and 36 tons to China during These countries need to be further explored. If there is requirement of irradiation for eliminating fruit fly, this can also be done; as such facilities for same have been created in India. India is the largest producer of litchi in the world. Details are given in forex profile, Volume — II Domestic Market Research, Chapter 6. Export of litchi has increased from tons in to tons in APEDA database. Major amount of these exports i. As per the data ofvirtually there were no exports to Gulf countries. For both the years, and there were no exports to European countries too. However duringtons of litchis were exported to Belgium, 64 tons to UK and 34 tons to Netherlands. This shows that the exports to Import have declined inspite of the fact that the Indian litchi is available weeks ahead of Thai litchi and weeks ahead of Chinese litchi. Gulf countries imported litchi during up to 45, tons Comtrade database. As per this database, India exported litchi to GCC countries to the tune of 16, tons, however APEDA database depicts no export of litchi during and to Gulf countries. Nevertheless, there is excellent potential for export of litchi to GCC countries, as India produces finest quality litchis. Litchis in India are available from 15th April Tripura onwards up to third week of June Gurdaspur, Punjab. India is supplying litchis to GCC countries at competitive prices and is also nearer to Gulf countries compared to Thailand and China. Export of pineapples has significantly increased in last few years; however, the total quantity exported is negligible. However, export, has decreased from tons in to tons in GCC countries have imported 17, tons of pineapples during India is at advantage being nearer to GCC countries compared to Philippines and Thailand. It can easily compete with them by upgrading quality and creating infrastructure for post-harvest handling of pineapples. Philippines, especially is better organized because companies like Dole and Delmonte have large pineapple plantations to cut costs and make available at cheaper prices. European countries imported up to 11, 87, tons of pineapples during Largest importers in EU are Belgium 2, 50, tonsNetherlands 2, 00, tonsGermany 1, 55, tonsItaly 1, 33, tons and other countries importing in large quantities are France, U. Our exports were only tons to Spain, 42 tons to Netherlands and 16 tons to Belgium during India has to compete with quality fruits made available at lower prices by Costa Rica, Ecuador and Panama in Central import South America. To accelerate pineapple export to these countries, India will have to improve quality of fruits and supply at competitive indias. According to Tradecom database, Iran also imported to the tune of 2, 94, tons of banana during It will therefore be appropriate to explore this market. Export of tomatoes has increased from 12, tons in to 33, tons in The exports from India are negligible compared to imports; however, data shows there is substantial export potential for export of tomatoes to GCC countries provided India maintains quality standards. India needs to penetrate markets of Saudi Arabia, Kuwait, Qatar, etc. India is able to supply tomatoes at competitive prices compared to Jordan, but Syria supplies at much lower prices and thus, India will have to provide tomatoes at competitive rates by reducing cost of production. For the first time India exported tons to Singapore during There is huge potential for exports of tomatoes to these countries. Considering the nominal import duties in Indonesia, Philippines and no tariff duties in Malaysia on imports of tomatoes, there is scope to expand the trade. The export potential can be gauged by imports of tomatoes by Singapore 24, tonsVietnam 12, tons and Malaysia 3, tons. For India, the best opportunity is to export to Singapore. India should meet the requirements of Singapore market which is an important destination. Out of total exports of green chillies during from India, maximum amount of green chillies were exported to Gulf countries 16, tons. Details of exports are given below in table Exports are comparatively little compared to imports by GCC countries. The main competition of India is with Jordan. ASEAN countries imported green chillies to the tune of 46, tons in Major importers in ASEAN countries were Malaysia 32, tons and Singapore 13, tons. However, duringIndia exported tons of green chillies to Malaysia and shows that there is a good potential for exporting to Malaysia and Singapore among ASEAN countries. But India will have to provide at competitive prices by cutting cost of production by increasing productivity. European Union has imported green chillies including peppers to the extent of 1, tons during There is some potential in exports of green chillies to EU and needs to be pursued vigorously. India should supply at competitive prices as Spain and Jordan are main competitors who supply relatively at lower prices. There is a good potential for exporting green chillies to Australia. Australian market is monopolized by New Zealand, however, Indian chillies are totally different from New Zealand with specific characteristics and therefore export must forex explored citing the preferential qualities. Present production of okra is thousand tons India is the largest producer in the world For details please see crop profile, Volume — II Domestic Market Research, Chapter There is no separate data for export of okra, as its exports are included in mixed vegetables. The export of mixed vegetables was stagnant from tohowever suddenly duringexport of mixed vegetables spurted to 50, tons compared to 27, tons in and 22, tons during Since mixed vegetables comprise vegetables like okra, broccoli, capsicum, torai ridge gourdkarela bitter gourd and lauki long gourdetc. Maximum amount of these vegetables are exported to GCC countries and largest importers are UAE, Saudi Arabia, Qatar and Kuwait. K, Germany, Switzerland and France. As far as ASEAN countries are concerned, exports of mixed vegetables were made only to Singapore tons and Indonesia 40 tons. Since data on imports from other countries either on Comtrade or Trademap is not available, analysis to this effect has not been carried out. The level of production is India is the second largest producer of onions in the world. See crop profile for details, Volume — II Domestic Market Research, Chapter 9. Export of onions from India has increased at a faster rate in the last five years. Export has increased from 5, 88, tons in to 13, 78, tons in Maximum exports of onions were to SAARC countries, followed by ASEAN and GCC countries. Details of imports of onions by ASEAN countries and exports from India during as per APEDA database is given below in table China is competing with India and is supplying onion at a cheaper rate under APTA to Indonesia and Thailand. Possibly with the implementation of Free Trade Agreements with ASEAN countries, export of onions will further increase. GCC countries importedtons of onions during Details of imports and exports from India are given in the table India has not been able to penetrate Saudi Arabian market. Efforts are to be made to meet the requirements of Saudi Arabia in near future so that a boost to onion exports can be given. India will have to compete with Egypt, Turkey and Iran by supplying onions at competitive prices. European Union imported onions up to 1, tons during Data on total imports and exports from Export are given below in table The distribution of Indian onions to major countries in EU shows that acceptability of Indian onions is increasing. Further enhancement in exports of onions to EU is a great possibility if India supplies yellow onions with less pungency, along with thick and fleshy layers. A import variety Arad H has already been identified and export of this needs to be explored in a concerted manner. Present production of ginger is India is the largest producer in the world. For details see crop profile, Volume — II Domestic Market Research, Chapter Export of ginger increased from Export potential of ginger is discussed region wise in the following paragraphs:. India exported tons to GCC duringof which Saudi Arabia imported tons and UAE imported tons of ginger from India, as per Report of Spice Board of India. Comtrade database, however shows that GCC countries imported as much as 38, tons during The GCC market has been dominated by ginger from China, Ethiopia and Nigeria. China supplies ginger at cheaper rates and Ethiopia and Nigeria are also able to provide cheaper ginger compared to India. India though largest producer of ginger in the world but productivity is very low. If India has to compete in world markets, it must increase productivity and lower cost of production by cultivating high yielding cultivars with better agricultural practices. Apart from GCC countries, India has exported ginger duringto a number of Middle East and African countries comprising Yemen Arab Republic scenarioMorocco tons and Israel tons. This suggests that there is a potential of exporting ginger to these countries also which can be further explored. European Union imported ginger up to 43, tons during Largest importers were UK, Netherlands and Germany. Exports to some extent are also done by Nigeria and Brazil. As stated earlier India must offer ginger at competitive prices for enhancing exports. India exported some quantities of ginger to Australia tons and Japan 73 tons during Australia imported tons of ginger inthe imports of Australia decreased to tons during import India must initiate appropriate strategies to explore it further. As far as Japan is concerned, maximum imports of ginger all over the world amounting to 58, tons are done by Japan, but India exported only 73 tons to Japan. India needs to explore Japanese market in a better way. Both USA and Canada imported 32, tons and tons of ginger respectively during Indias exported tons of ginger to USA and tons to Canada. Looking scenario the potential for exporting to these countries, a concerted effort in this direction is required. India produced turmeric to the tune of India is the largest producer of turmeric in the world. India has monopoly in turmeric trade at world level. India, exported tons of turmeric during This is substantial compared to 37, tons during Present exports and export potential of turmeric, region wise is discussed in the following pages:. India exported tons of turmeric to GCC countries. UAE imported maximum quantity of tons, whereas Saudi Arabia imported tons and Kuwait tons. Export potential should be further exploited by exploring exports to Bahrain, Oman and Qatar. Exports of turmeric was made mainly to countries like Iran tonsEgypt tonsMorocco tonsIsrael tonsetc. India must also explore the opportunity of expanding the trade to Turkey, Algeria, Kenya, Yemen, Jordan, etc. Turmeric was exported to EU countries up to tons; the largest importers were UK tonsNetherlands tonsGermany tonsFrance tonsetc. Indias of turmeric needs to be explored in remaining European countries as there is huge potential for export. India exported tons of turmeric to Russia. Export of turmeric should be further explored to Russia and other adjoining countries. Some amount of turmeric was also exported to ASEAN countries comprising Malaysia tons and Singapore tons. Export needs to be pursued in Philippines, also. There is no scope of exporting to Indonesia. India exported tons of turmeric to Japan as per Spices Board database. There are no authentic figures about exports of Indian turmeric to South Korea and Australia, but as per Comtrade database India exported tons to South Korea and tons to Australia. Further exports to these countries need to be explored, but there is no potential of exporting to China, as this country is itself an exporting country. India exported tons of turmeric to USA and tons to Canada during Efforts for further enhancement of exports must be made to these countries. Export of turmeric needs to be further explored in Central and South American countries. India produced thousand tons of sesame during and produced thousand tons during India at present is largest producer of sesame in the world. See crop profile for details, Volume — II Domestic Market Research, Chapter Export data of FAO website shows thattons of sesame seeds were exported from India duringhowever it declined totons during Thereafter, there scenario again good upsurge in exports during to the tune oftons and 1, 99, tons during This database also depictedtons of exports during As per Comtrade database, GCC countries imported 45, tons of sesame during Main competition is indias Ethiopia and Sudan who are able to supply at cheaper rates, as they are near to GCC countries compared to India. Thus in order to be competitive; India must enhance the productivity in addition to improve quality standards. India is exporting to the tune of 10, tons to Turkey, tons to Cyprus, tons to Jordan and tons to Morocco. India should explore these markets including Egypt to further enhance exports. Egypt imported 48, tons of sesame scenario during European Union imported sesame seeds up to 1, 21, tons during Largest importers of sesame from India during were Germany 14, tonsNetherlands 11, tonsGreece tonsPoland tonsItaly tonsUK tons and France tons. ASEAN countries imported sesame seeds up to 22, tons during There is a Main importers of Indian sesame are Malaysia tonsIndonesia tonsSingapore tons and Philippines tons. Major competition with India in ASEAN region is from Myanmar, but India is able to make available sesame in these markets at competitive prices. South Korea imported 85, tons of sesame seeds during Out of this total import, 38, tons were exported by India and 33, tons by China. India supplied at much competitive price over China and thus there is a scope of increasing share in imports of South Korea. Australia imported tons of sesame duringout of which India supplied tons and rest by Mexico, Guatemala and China. However, India supplied sesame at much competitive price compared to other countries mentioned above. China imported 2, 63, tons of sesame during Major exporters to China were Ethiopia 1, 34, tonsSudan 67, tonsand Tanzania 12, tons. India exported only 13, tons during this year. India exported sesame at much competitive rates over Ethiopia and Sudan. DuringChina imported 1, 94, tons of sesame. Since India is nearer to China compared to Ethiopia indias Sudan, we have to expand the trade in China. Japan is second largest importer of sesame next to China in the world and imported 1, 59, tons during the year India did not export sesame to Japan at all. However, requirements of sesame were met by Nigeria 45, tonsParaguay 21, tonsTanzania 17, tonsChina tonsBolivia 10, tons and Guatemala tons. India must explore exports to Japanese market, as India is closer to Japan compared to Guatemala, Paraguay, Nigeria, Tanzania etc and can offer competitive price over Paraguay, China, Guatemala and Bolivia. USA alone imported 43, tons of sesame during Canada also imported sizeable quantities of sesame although exact figures are not known. India exported during the year18, tons of sesame seeds to U. A and tons to Canada. A, however still effort needs to be made to have higher share in imports of U. Present production of soyameal in India is thousand tons Please see crop profile for more details, Volume — II Domestic Market Research, Chapter There is a significant spurt in exports of soyameal as onlytons were exported during but it increased to 4, tons during GCC countries imported to the tune of 8, 01, tons during The largest importers in GCC countries are Saudi Arabia 7, 20, tonsKuwait 49, tonsUAE 21, tonsOman tons and Qatar tons. India in its exports is meeting almost entire requirements of UAE, Kuwait and Qatar, however, in case of Saudi Arabia which imported to the extent of 7, 20, tons during ; there was no export. The requirements of Saudi Arabia were met by Brazil 4, 49, tonsU. A 1, 06, tons and Argentina 49, tons. India is exporting to other GCC countries at most competitive prices over Brazil, U. A and Argentina and moreover India is closer to GCC countries compared to above countries. India thus must make sincere efforts to penetrate the market of Saudi Arabia. ASEAN countries imported up to 8, tons of soyameal during Data on imports by Forex countries and exports from India are given below in table Main competitors with India are Argentina, Brazil and U. A, who inspite of the fact are quite away in distance from ASEAN countries, still are able to supply soyameal at competitive prices. Thus, India must increase productivity of soyabean, so that it can lower the cost of production and offer soyameal to ASEAN countries at much lower prices scenario increase exports to these countries. DuringPacific Rim countries comprising South Korea, Japan and China imported soyameal 1, tons, 1, tons and 6,74, tons respectively, India exported 5,35, tons to Japan, 6,82, tons to South Korea, 3,15, tons to China and 89, tons to Taiwan during this year. Main competition of India is with Argentina, Brazil and to some extent with U. India is much closer to these countries and must make sincere efforts to have larger share in imports of these countries by offering competitive prices. Production of cotton lint in India scenario thousand tons during and thousand tons during ASEAN countries imported 1, tons during The details of imports and exports from India are given below in the table Main competition for India for export of cotton is from Australia and U. India is nearer to these countries from location point of view compared to U. India is also supplying at much lower prices compared to U. India needs to strive for higher productivity and lower cost of production on one hand and improve quality on the other for enhancing exports to these countries. Republic of Korea imported 2, 16, tons of cotton during ; however India exported only tons of cotton to it. The other exporters were U. A 83, tonsAustralia 53, tons and Brazil 40, tons. Inspite of the fact that India is supplying cotton at much competitive prices over U. India should make serious efforts to explore the market. China imported 3, tons of cotton during whereas India exported only 4, 65, tons of cotton during The major competition is from U. A, Uzbekistan and Australia. A is the largest exporter to China and India is second largest exporter. India location wise is closer to China and should have larger share in imports of China by offering at more competitive prices and supplying better quality cotton. Japan imported cotton to the tune of 1, 35, tons during However, India did not export any quantity of cotton to Japan. It will be appropriate to explore the exports of Indian cotton to Japan. Turkey imported total quantity of 7, 37, tons of raw cotton during and India exported only 89, tons. India should try to penetrate this market in an effective manner as there is forex potential there. With the special measures taken up during XIth plan, total production of all crops being studied at present is bound to increase substantially. There is a likely production of 85 million tons of fruits and million tons of vegetables at the end of XIth plan as a result of several measures taken like TMNE, NHM, ISOPOM, etc. It is estimated that the exports of all the commodities are likely to increase to a level of An increase of The projections have been worked out considering the previous growth pattern and other factors. There are very high prospects of fulfilling these targets because of extraordinary measures taken for creating infrastructure and other facilities required for export by APEDA and recent attempts by National Horticulture Mission especially in the areas of fruits and vegetables. Achieving these targets in fruits and vegetables as stated in Table 42 of 0. It all depends, how India meets the challenge of gearing up all the stake holders in the export programme. In other crops also there is worldwide demand like for sesame and soyameal and exports targeted can easily be fulfilled. Spices Board of India has special programme to take exports of spices to new heights. In cotton also, there is a boost in production due to adoption of GM varieties. Inthere is a surplus of 10 million bales of cotton 1. Present volume of exports and projection during APEDA Agri Exchange Latest Sell Offers Latest Buy Offers Exports from India International Trade India Production International Production International Prices Import Traffic. The trade in fruits and vegetables has become increasingly globalize. The production of fruits and vegetables in India and other products, commodities, etc. Production level in India and World. Total production in India during isthousand tons compared to world production of 1, thousand tons in Values of export of crops and products during from India and from world during are presented in Table This table shows that India exports worth 2. The exports from India are only 2. This is quite low as India produces This is not at all encouraging as India is the maximum producer of ginger, turmeric and sesame seeds in the world, second largest producer of fruits, vegetables and cotton. A graphical comparison of export in India to forex of the World is depicted in Fig. Indian exports compared to world Year Value in Lakh Rupees. Export potential of the commodities analyzed is discussed at length in the following pages: Export of mango for last five years. The details of existing level of export and opportunities of exports in different regions are discussed as below: Total Import in tons. Export by India in tons. Hong Kong is an established centre for trade for fruits and vegetables. It imported up to 42, tons and exported 19, tons of mangoes during the year The prices prevailing in Hong Kong market are also quite high. However, India has exported only 49 tons during Therefore; concerted campaign needs to be launched for our quality mangoes in this market. Production of grapes in India during is Exports of grapes from India. Exports of grapes from India were maximum to European Union during As much as 34, tons were exported during the year. Largest importers were Netherlands 19, tons and UK 13, tons. India produces grapes mainly during January to April months, where as countries like U. A, Argentina, Italy, Spain, etc. Our competition is mainly with countries like South Africa, Chile and Israel who also supply grapes in the same period. These countries have exported up to 3, 42, tons during export the countries namely U. K, Netherlands, France, Belgium, Italy and Spain. India produces pomegranates to the tune of thousand tons a year see details in crop profile, Volume — II Domestic Market Research, Chapter 4. Export of pomegranates in the last five years. There is great opportunity for increasing the export of pomegranates to different countries as discussed below: India exported tons of pomegranates to Canada and 46 tons to U. Exports of pomegranates to these countries should be further explored. EU countries imported sizeable quantities of litchi during However, inspite of excellent potential for exports and even nearness to EU countries, compared to Thailand and China, India has not been able to avail visible gains. The potential needs to be exploited by aggressive marketing and supplying better quality litchi. Production of pineapple during was There is excellent scope for exporting to Russia and other nearby countries. Russia imported to the tune of 26, tons of pineapple during However, India will have to address reducing cost of production and improving quality. Production of banana is 18, thousand tons India is the largest producer of banana in the world For details see crop profile, Volume — II Domestic Market Research, Chapter 7. Total export of Banana has increased from tons in to 11, tons during However exports were higher during i. Export of banana from India has decreased to tons during export to tons in Exports of banana from India to GCC countries are negligible compared to the total imports. Exports of table bananas from India have stuck up because of the fact that Philippines is able to supply in large quantities at cheaper rates with the advantage that large banana plantations are owned by multinational companies and are organized in a better way. Thus, we will have to organize properly and cut down on costs for accelerating exports of banana. EU countries imported 7, tons of bananas during Although India exported tons of banana to EU including Ukraine and Russia. However, there is not much scope as large quantities of banana are exported by countries like Ecuador, Costa Rica and Colombia in Central and South America and Cameroon in Africa. Moreover, EU has special preferential agreement with African, Caribbean and Pacific countries. Other countries exporting to EU have to pay tariff duties and thus are not able to compete with them. There is some scope of exporting banana to Russia and Ukraine provided we have some preferential arrangement with these countries. India is the largest producer of aonla in the world and produced Although exact figures of export of Aonla as a whole fruit in dried form or its flakes are not available, but it has great potential for exports as it is import in both pharmaceutical and cosmetics. Aonla is also used in tanning industry. Aggressive campaign about its useful properties can only initiate export of Aonla in fresh form. Export of dried flakes of Aonla can be accelerated with the help of bringing awareness in foreign countries about its therepeutical uses. Production of tomato during indias India ranks fourth in production at world level. For details, see crop profile, Volume — II Domestic Market Research, Chapter During10, tons of tomatoes were exported. This is a substantial increase from tons in Details of total imports compared to exports from India are given in table EU countries imported to a level of 2, tons during Export indias India are not a possibility till we improve upon our technology and can export by sea may be by using MA cartons. Export of green chillies in last five years. Export of mixed vegetables in last five years. Export potential of ginger is discussed region wise in the following paragraphs: Present exports and export potential of turmeric, region wise is discussed in the following pages: Export potential of sesame, region wise is discussed below: The potential for exports is discussed in the following paragraphs: Present Export Volumes1 in tons during Projected Export Volume in tons during

Imports, Exports, and Exchange Rates: Crash Course Economics #15

Imports, Exports, and Exchange Rates: Crash Course Economics #15

2 thoughts on “Import export indias forex scenario”

  1. Akatov.A says:

    I am indebted to Chris Lane who, in response to my previous Note on the question of Limbo as treated by John Paul II in Evangelium vitae, alerted me to the fact that none of the modern language translations of section 99 of the encyclical match the official Latin text.

  2. ActionAds says:

    For anybody viewing this forum for the first time YOU CANNOT GET A DVLA REGISTERED LICENSE BY BUYING IT.

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