Export Import data of Indian ports

An analysis of the export import data of Indian ports will reveal more information about the status of international trade in India. When a nation sends its goods or services in return for consideration in foreign currency, it is termed as export. When a nation buys goods and services from other nations on payment of foreign or domestic currency it is termed as import. Export or import of a country can only happen through ports or through air ways.

Since most of the cargo exports happen through ships, an analysis of the export import data of Indian ports is sufficient to understand the present condition of Indian international trade.  India’s exports mainly constitute information technology products and services, tea, jute, mineral oils, processed materials, etc. Imports are largely in the form of luxury cars and branded products that are manufactured in other countries.

Export import data of Indian ports helps in knowing the pulse of Indian international trade. Indian traders can prepare themselves based on this information. It gives a brief idea of the forthcoming economic changes based on international economical climate. Traders can stock their products or sell them off depending the market forces.