Monday, April 28, 2014

An overview of the benefits of India Export Import Data

India export import data is prepared from shipping bills approved by the customs officer when a consignment is approved for export clearance. The import data is made up of information sourced from Bill of entry which is a list of items that has reached the Indian port. It is usually filled up by the importer declaring the contents of the consignment which is cross checked and verified by the officer.
The supreme official organization that is responsible for collecting and compiling and subsequently publishing export and import trade statistics is the Directorate general of commercial intelligence and statistics (DGCI&S).

The India export import data released by this legal authority is authentic and hence is of great use to Indian trader who wishes to engage in international trade. The current issue by DGCI&C states that the items are mostly exported by India includes diary and milk products, coffee, tea, footwear, handicrafts, etc. Items of import include palm oil, dry fruits, steel, organic chemicals, mobile phones, electronic gadgets, etc.

With the assistance of India export import data Indian traders can exploit international business opportunities by exporting their products or importing products for sale in the country.

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