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The two largest goods traded by India are mineral fuels (refined / unrefined) and gold (finished gold ware / gold metal). In the year 2013–14, mineral fuels (HS code 27) were the largest traded item with 181.383 billion US$ worth imports and 64.685 billion US$ worth re-exports after refining. In the year 2024–2025, gold and its finished ...
Within India's services export landscape, software exports retain a dominant position. However, noteworthy is the recent surge in "other business services" exports, which constituted 24 percent of the total services exports in the initial nine months (April-December) of FY23. [18] This marks a notable increase from the 19 percent reported in FY14.
Launched. April 1, 2015. Website. official website. The Merchandise Export from India Scheme (MEIS) is a government initiative implemented by the Government of India with the objective of encouraging exports. [1][2] It was launched on April 1, 2015, as a part of the Foreign Trade Policy (FTP) to boost India's exports of goods and services. [3][4]
The following is a list of Export Promotion Organisations [1] in India, it includes Export Promotion Councils, Commodity Boards and Export development authorities. These are Non-Profit Organizations that are responsible for developing and promoting the export industry of India. [2]
The following is the list of top twenty export product categories. Data is for 2015, in millions of United States dollars, as reported by Department of Commerce, Government of India. 1. NATURAL OR CULTURED Pearl S, PRECIOUS OR Semiprecious STONES, PRE.METALS, CLAD WITH PRE.METAL AND ARTICLES THEREOF;IMIT.JEWLRY;COIN.
Exports in million US$ Share of total exports Leading export good Year 1 Gujarat: 146,485 33.55% Petroleum products 2022/23 2 Maharashtra: 72,498 16.60% Engineering goods 2022/23 3 Tamil Nadu: 40,673 9.32% Engineering goods 2022/23 4 Karnataka: 27,884 6.39% Petroleum products 2022/23 5 Uttar Pradesh: 21,686 4.97% Electronic goods 2022/23 6 ...
The India Mercosur Preferential Trade Agreement is an example of a PTA. [2] A free trade agreement (FTA) also involves reducing or eliminating tariffs on items traded between the partner countries; however each maintains individual tariff structure for non-members. The key difference between an FTA and a PTA is that PTAs have a positive list of ...
The ASEAN–India Free Trade Area (AIFTA) is a free trade area among the ten member states of the Association of Southeast Asian Nations (ASEAN) and the Republic of India. The initial framework agreement was signed on 8 October 2003 in Bali, Indonesia. [1] and the final agreement was on 13 August 2009. [2] The free trade area came into effect ...