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Published Paper Details:
India's Export Import Trends and Comparative Analysis: A Study
Authors
Sangeetha,Prof. Y Muniraju
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Keywords
Foreign Tarde, Export Import, Balanced, Favourable Tarde, UNCTAD, DGFT.
Abstract
Foreign trade plays an important role in the economic development of a nation. It is an engine of growth and signifies trade between one country and other countries. foreign trade is a crucial part of development strategy. It has been an effective mechanism of financial growth, creation of job opportunities and poverty reduction in the economy. Exports and imports are important because together they make up a country's balance of trade, which can impact an economy's overall health. In a healthy economy, both imports and exports see continual growth. This usually represents a sustainable and strong economy. The design of the present study is descriptive and analytical. The study is based on the data collected from secondary sources. The overall Exports and Imports have been analysed with the help of data gathered from the reports published by UNCTAD. The required data related to yearly volume of import and export of merchandise and services by India for a period of one year have been obtained from the monthly bulletin of Ministry of Commerce and Industry and Directorate General of Foreign Trade (DGFT). Various other websites, news articles, published and unpublished papers were also used in the study. This research paper explores the India's Export Import Trends during the year 2022-2023. By Examining India's overall Exports (merchandise and Service) study also identifies India's main export and import commodities and analysed the positive and negative growth of various commodity and their percentage changes by using the data from secondary source. It finally highlights key policy changes which could impact local production as well as international demand for these exports.
Key Words: Foreign Tarde, Export Import, Balanced, Favourable Tarde, UNCTAD, DGFT.
IJCRT's Publication Details
Unique Identification Number - IJCRT2402135
Paper ID - 250890
Author type - Indian Author
Page Number(s) - b155-b170
Pubished in - Volume 12 | Issue 2 | February 2024
DOI (Digital Object Identifier) - http://doi.one/10.1729/Journal.37821
No Of Downloads - 41
Author Country - India, 575016, Mangalore, Mangalore, 575016, Commerce All
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Sangeetha,Prof. Y Muniraju, "India's Export Import Trends and Comparative Analysis: A Study", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 2, pp.b155-b170, February 2024, Available at :http://www.ijcrt.org/papers/IJCRT2402135.pdf
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