Nowadays,
most Indian traders are showing their great interest in import business. The
importation of products helps in growing national economies and expanding the
international trade market. Knowing everything about competitors is one of the
basic needs to get succeed in every business in the world. One must analyze
market trends and demand of various goods in Indian trade market. Indian Imports Data plays a very
significance role in fighting against competitors of the same business.
Every
year, India imports approx.7000 products from different parts of the globe. In
2015, India imported US$ 260 billion worth of products from US, UAE, Hong Kong
etc. Here is the complete list of top 10 countries which helps India to do
successful import business. With the reference of recent trade data, India imported $390.7 billion worth
of products from China, Saudi Arabia, US, UAE etc.
Role of Indian Imports Data in Knowing the Top Supplier Countries of India
Top
Supplier Countries of India
|
Overall
Imports in percentage
|
China
|
15.8%
|
Saudi Arabia
|
5.5%
|
Switzerland
|
5.4%
|
United States
|
5.2%
|
United Arab Emirates
|
5.2%
|
Indonesia
|
3.5%
|
South Korea
|
3.4%
|
Germany
|
3%
|
Iraq
|
2.6%
|
Nigeria
|
2.5%
|
It
is very important to have updated and authentic version of Indian imports data in every possible way. China is the largest
supplier of India (accounted for around 16% of total world’s import, followed
by Saudi Arabia, Switzerland, United States of America (USA), United Arab
Emirates (UAE), Indonesia, and South Korea and so on. According to a recent
data of Indian imports, China mostly supplies electronic items, plastic
products, organic chemicals, mineral fuels, oils, silk, boilers, nuclear
reactors, electrical equipment and machinery etc.
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