According
to a recent report, India imported goods worth of US$356.7 billion from
different parts of the globe in the year 2016. The amount has increased by
33.9% since 2009. Indian data of imports shows that India covers around 2% of
total global imports.
With
the reference of buyer’s data of India, we can say that around 58.2% total
imports originated from Asian countries, European countries exported 17.5% of
imports to India, 7.5% worth of products from North America and 7.5% originated
from African countries exporters.
It is very important to find import products list to keep an eye on the products that India imports in large number of quantity every year. Here is a list of products which represent the highest dollar value in India’s import business.
It is very important to find import products list to keep an eye on the products that India imports in large number of quantity every year. Here is a list of products which represent the highest dollar value in India’s import business.
Indian
Imported Products
|
Amount
(US Billion Dollar)
|
Total
imports in percentage
|
Mineral fuels including oil
|
$89.3
|
25%
|
Gems & precious metals
|
$48.1
|
13.5%
|
Electrical machinery &
equipment
|
$37
|
10.4%
|
Machinery including computers
|
$32.5
|
9.1%
|
Organic chemicals
|
$14.8
|
4.1%
|
Plastics & plastic articles
|
$11.4
|
3.2%
|
Animal/vegetable fats, oils &waxes
|
$10.5
|
2.9%
|
Iron & steel
|
$8.7
|
2.4%
|
Optical, technical and medical
apparatus
|
$7.2
|
2%
|
Ships & boats
|
$5.5 billion
|
1.5%
|
It
is the best way to know the current market trend and to cognize what products
are on high demand and what products are on low market demand. For everyone who is in the business of
importation must find import products
list to have a complete knowledge of Indian Importers data.
It
contains the detailed information of almost every imported product. Import Data
is considered the best way to understand the international market trends. Here
is the list of some information contains in the data of imports.
·
Name of the product
·
HS Code (Harmonized System Code)
·
Price of the product
·
Quantity of the product
·
Source & Destination country
·
Importer’s name & address
·
Destination country
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