Indian Export Import Data- Gold Exports

Indian export Import data can be viewed by anyone on the internet as the data can be seen on the internet through a number of government and non government websites. Exports can be defined as the process of a country selling goods or services to another country in exchange of a commonly accepted currency.
On the other hand, imports can be defined as the process in which one country is buying goods or services from another country in exchange of a commonly accepted currency. The commonly accepted currency being the US Dollar or the Euro, but a large amount of trade today takes place even through the barter system of trade, wherein goods are interchanged in place of money. Gold is very commonly used in this system of trade. 

Gold Exports:

Indian Export Import Data tells us that India is one of the largest buyers of raw gold and is one of the biggest exporters of finished gold products. With a surge in the per capita income the amount of people who have begun to purchase gold now (both as a long term investment and as a style statement) more than ever. But what are its implications on the economy? 

Indian Export Import data tells us that India is importing a large amount of gold today and it is good for the country. With a large amount of gold import the gold stock of the country would go up and in volatile times these could be used for the trade of essential factors.