How to get free Export Import Data
Author : Seair Solutions | Published On : 23 Apr 2021
Global trade or international trade is the export or import of goods or services across international borders. Import and exports are the foundations of global trade in the world. Import is buying of goods and services, while exports are the sale of goods and services. In today's global economy, countries are interdependent to provide each other with goods, raw materials, or services. Import Export Data becomes an invaluable tool during trade negotiations.
We create the Export Import Data from shipping records collected from a countries customs department. We also contact port authorities, various trading associations, shipping companies, and different government departments for the data. Our data expert verifies each record before adding it to the database. Some of the information provided in the Export Import Data are:-
- Shipping date
- Buyer name, address, and telephone number
- Seller name, address, and telephone number
- HS Code and Product description
- Origin country and port of origin
- Destination country and destination port
- Unit and total quantity
- Total value in USD and local currency
- Mode of shipment
The Export Import Data of a country can reveal its top traded commodities, the duties for the top imports and exports, ports, and trading partners. The export-import data of India reveals the top trading partners are:-
- The United States
- United Arab Emirates
- Saudi Arabia
China overtook the US to become India’s largest trade partner. The total trade between India and China was 77.67 billion USD. The total imports between the two countries were 58.7 billion USD. The top imports from China were electrical machines and equipment (17.82 billion USD) and nuclear reactors, boilers, and mechanical machines (12.35 billion USD). Imports from China fell by 11%. Exports of iron and steel saw a massive 319.14% jump touching 2.38 billion USD. The bilateral trade with the US was 75.9 billion USD.
Our genuine India Export Data can help you maximize your profits with minimal risks. Traders can check the current price and volume trends before they formulate their price strategy. They can scrutinize the database to understand the fluctuations in the markets. The data allows them to discover new markets and other avenues to expand their product base. Businesses can strategize on ways to improve their present market share.
If you want to get free Import Export Data you can go to the relevant country’s relevant ministry for insights. For a more detailed analysis, you can contact export-import data providers like Seair Exim Solutions. We cover data from over 80 countries. The database is easy to use and gives you all relevant information.
India Import Data shows that India imported commodities worth 388.12 billion USD in 2020-21. In 2020-21 imports contracted by 18% from the imports in 2019-20. India imported commodities worth 389 billion USD in the period.
If we examine the data for the financial year 2020-21, we learn that maximum imports for the year were in March 2021 and the lowest imports were recorded in April 2020. In March 2021 India imported goods worth 48.12 billion USD. The imports in March jumped a whopping 52.9% from imports in the previous year. The imports in April 2020 were 17.12 billion USD. Imports fell steeply by 60.28%.
According to India Import Data, shows that the top imports in India:-
- Mineral fuel and oils
- Precious and semi-precious stones and jewelry
- Electrical machinery
- Boilers and mechanical equipment
- Organic chemicals
The imports for the fiscal year show that for the fiscal year 2020-21, oil imports fell by 37% to reach 82.25 billion USD, and the non-oil imports shrunk by 10.89% to 306.67 billion USD.
I am a professional writer. I have 10+ years of experience in various types of content writing. In present, I am writing on global import export business-related topics for various countries like Import data, export Data, India, USA Import data, Mexico, Indonesia etc.