Professional Documents
Culture Documents
10% Petroleum
Engineering goods
Chemical and Pharmaceutical products
10% 19% Gems and Jewellery
Agricultural
Textile
14% Others
14%
80,000.00
70,000.00
10,000.00 Plastics
0.00
2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
China
11% 7% UAE
8%
Saudi Arabia
Switzerland
7% USA
Others
62%
5%
.
Import items as a percentage of total import
Crude Oil
Gold and Silver
32%
34% Machinery
Electronics
2,00,000.00
1,80,000.00
1,60,000.00
Organic Chemicals
1,40,000.00
Pharmaceuticals
1,20,000.00
Mineral Fuels & Oils
1,00,000.00
Jewellery & Precious stones
80,000.00
Machinery, nuclear reactors, boilers
60,000.00
Electronics
40,000.00
Plastics
20,000.00
0.00
2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Balance of Trade:
Indias balance of trade value is ranked the lowest in the world at around -USD 13841.70
10 Yr Trend: (in USD millions)
1,40,000.00
1,00,000.00 Pharmaceuticals
Mineral Fuels & Oils
80,000.00
Jewellery & Precious stones
60,000.00
Machinery, nuclear reactors, boilers
40,000.00
Electronics
20,000.00 Vehicles
0.00 Plastics
2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
-20,000.00
Oil:
1. Import: Rising Oil prices and increasing demand.
2. Export: Multilateral trade agreements signed among various nations that India is not a part of
Jewellery:
3. Dependence on imports
4. Lack of financial support
5. Fluctuation in exchange rates
6. Cheaper Competition (China)
7. Changing customer trends
Plastics:
1. Addressing Environmental Myths
2. Technology needs
3. Price pressure
Organic Chemicals:
1. India's high inflation rate and rising prices
2. Weakening business and consumer sentiment
3. Complicated access to lending
4. Lack of adequate facilities at ports and railways
5. R&D Infrastructure and funding
6. Low capacity utilisation
7. Shortage of skilled workforce
Pharmaceuticals:
1. Compliance issues and good manufacturing practices
2. Highly fragmented industry
3. Low margin of profits due to government pricing policies Drug Price Control Order
4. Low input for research and development due to pricing norms
5. Stronger IP regulations
Machinery:
1. Capital
2. R&D short fall
3. Technology gap between leader and developing country
4. Supply-chain Issues
5. Payments and taxation Issue
6. Procurement Issues
Vehicles:
1. Poor road infrastructure
2. Shortage of localisation opportunities
3. High tariff rates on import
4. Government policies towards foreign investments and joint ventures.
BIBLIOGRAPHY:
http://www.trademap.org
https://swarajyamag.com/economy/challenging-times-for-indias-exports
http://atlas.media.mit.edu/en/visualize/tree_map/hs92/import/ind/show/2709/2011/
http://commerce.gov.in/EIDB.aspx
https://tradingeconomics.com/india/imports-by-category
By ,
Karan Muralidharan , Karthik Mehta, Karan Kapur, Mridul Nagar & Chirag Malani