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List Of The Largest Trading Partners Of India
According to the Ministry of Commerce and Industry (India), Ministry of Commerce and Industry, the fifteen largest trading partners of India represent 59.37% of total trade by India in the financial year 2019-2020. These figures include trade in goods and commodities, but do not include services or foreign direct investment. 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 2013–14, Gold Control Act, gold and its finished items (HS code 71) were the second largest traded items with 58.465 billion US$ worth imports and 41.692 billion US$ worth re-exports after value addition. These two goods are constituting 53% total imports, 34% total exports and nearly 100% of total Balance of trade, trade deficit (136 billion US$) of India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Commerce And Industry (India)
The Ministry of Commerce and Industry administers two departments, the Department of Commerce and the Department for Promotion of Industry & Internal Trade. The head of the Ministry is a Minister of Cabinet rank. Minister of Commerce and Industry The Minister of Commerce and Industry is the head of the Ministry of Commerce and Industry and one of the cabinet ministers of the Government of India. The first Minister of Commerce and Industry of independent India was Syama Prasad Mukherjee. The current Minister is Piyush Goyal of the Bharatiya Janata Party. Goyal took over from Suresh Prabhu on 31 May 2019. Past Ministers: Industry Past Ministers: Commerce Present : Commerce & Industry List of Ministers of State Department of Commerce The department is entrusted with formulating and implementing the foreign trade policy and responsibilities relating to multilateral and bilateral commercial relations, state trading, export promotion measures, and development and reg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indianisation
Indianisation also known as Indianization, may refer to the spread of Indian languages, culture, diaspora, cuisines, economic reach and impact since India is one of the greatest influencers since ancient times and the current century has been called the Indian Century. Indian culture Historical spread of Indian culture beyond India proper: * Indomania or Indophilia refers to the special interest that Indian culture has generated in the world, more specifically the western world. * Greater India ** Indosphere ** Sanskritisation ** institutions with Sanskrit mottos * Indianization of Southeast Asia ** Indianized kingdom ** History of Indian influence on Southeast Asia *** South-East Asia campaign of Rajendra Chola I *** Chola invasion of Srivijaya *** Indian influences in early Philippine polities ** East Indies or Indies in Southeast Asia under Indian cultural influence, e.g. Indonesia and Philippines ** Indochina, Indianized Southeast Asia under French colonial rule India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of India Lists
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Howev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of The Largest Trading Partners Of Canada
This is a list of the largest trading partners of Canada. Canada is considered to be a trading nation Historically, the issue of Canada's largest trade partners, and dependence on particular markets, has been a major political issue. At the time of Confederation in 1867, the United Kingdom was by far Canada's largest trading partner, reflecting the close historical, cultural, and institutional ties within the British Empire. Over time, more and more of Canada's trade was proportionally done with the United States. Various governments hoped to strengthen or reverse this trend, by changing tariff policy either to one of Imperial Preference with the British, Reciprocity with the National Policy of internal development. The 1891 and 1911 elections were fought partly over the issue of closer trade relationships with the British. Following their Civil War, the United States emerged as Canada's largest trading partner. By the time the United Kingdom joined the European Economic Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of The Largest Trading Partners Of Australia
This is a list of the largest trading partners of Australia. According to data obtained in the 2018 calendar year, China was the largest partner followed by Japan and the European Union. The largest trading partners The 10 largest trading partners of Australia with their total trade (sum of imports and exports) in millions of Australian dollars and the total trade for all countries for the 2018 calendar year were as follows: Top export markets The 15 largest export markets of Australia in millions of Australian dollars for the 2019–20 financial year were as follows: Top import sources The 15 largest import sources to Australia in millions of Australian dollars for the 2018–19 financial year were as follows: See also *List of the largest trading partners of Canada *List of the largest trading partners of China *List of the largest trading partners of the European Union **List of the largest trading partners of Germany **List of the largest trading partners of Italy **List ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of The Largest Trading Partners Of China
This is a list of the largest trading partners of the People's Republic of China. Background China has become the world's second largest economy by GDP (Nominal) and largest by GDP (PPP). 'China developed a network of economic relations with both industrial economies and those constituting the semi-periphery and periphery of the world system.' Due to the rapid growth of China's economy, the nation has developed many trading partners throughout the world. All trading partners are considered important to the development of the Chinese economy, however the title of China's largest partners are ever-changing due to national and international policy changes. The expansion of the Chinese economy grew 6.8% the last quarter of 2017, equaling the growth of the prior 3 months exceeding expectations of 6.7%. The overall economy expanded 6.9% last year, just beating the 6.7% of 2016 which ended a drought of a declining trend that started in 2011. List of largest trading partners of China T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of The Largest Trading Partners Of The European Union
According to the European Commission Directorate-General for Trade. The 10 largest trading partners of the European Union with their total trade (sum of imports and exports) in millions of euro for calendar year 2021 are as follows. In the table, a positive trade balance means that the EU exports more than it imports from the given country. With United Kingdom withdrawal from the European Union, United Kingdom enters the top ten partners of the EU-27. See also *European Union free trade agreements *List of the largest trading partners of India *List of the largest trading partners of the United States *List of the largest trading partners of the People's Republic of China This is a list of the largest trading partners of the People's Republic of China. Background China has become the world's second largest economy by GDP (Nominal) and largest by GDP (PPP). 'China developed a network of economic relations with bo ... References {{DEFAULTSORT:Trading Partners Of Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of The Largest Trading Partners Of The United States
The 30 largest trade partners of the United States represent 87.9% of U.S. exports, and 87.4% of U.S. imports . These figures do not include services or foreign direct investment. The largest US partners with their total trade in goods (sum of imports and exports) in billions of US dollars for calendar year 2021 are as follows: Countries of which United States is the largest trading partner The United States is also the primary export or import partner of several countries. The percentages on these tables are based on 2016 data as shown on the CIA World Factbook. See also *Economy of the United States * List of imports of the United States * Value added tax trade criticism *List of the largest trading partners of Australia *List of the largest trading partners of Canada *List of the largest trading partners of China *List of the largest trading partners of the European Union **List of the largest trading partners of Germany **List of the largest trading partners of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By Leading Trade Partners
For most economies in the world, their leading export and import trading partner in terms of value is either the European Union or China, and to a certain degree, the United States and Russia. Other countries like Brazil, India, South Africa, South Korea and Turkey are emerging as significant markets or source countries in different parts of the world. Individually for each European Union member trade with all other European Union members collectively is greater than any other trading partner. Both the European Union and the United States have China as their largest origin of imports. China's own largest source of imports is European Union. In other parts of the world the European Union or the United States is the largest trading partner, however other leading trading countries may be the most prominent in certain countries. Brazil, Russia and South Africa are becoming increasingly dominant in their respective regional areas. Some isolated countries depend on a larger neighbour ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Diaspora
Overseas Indians (IAST: ), officially Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) are Indians who live outside of the Republic of India. According to the Government of India, ''Non-Resident Indians'' are citizens of India who are not living in the country, while the term ''People of Indian Origin'' are people of Indian birth or ancestry who are not citizens of India, but are citizens of other nations and may additionally have Overseas Citizenship of India (OCI), with those having the OCI status known as ''Overseas Citizens of India''. According to a Ministry of External Affairs report, there are 32 million NRIs and OCIs residing outside India and overseas Indians comprise the world's largest overseas diaspora. Every year 2.5 million (25 lakhs) Indians migrate overseas, which is the highest annual number of migrants in the world. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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