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Showing posts from September, 2019

The growth of trade in Peru

Peru is on the way to become one of the world largest exporters, as the country is blessed with the natural resources of metal and the international trade of the country revolves around all the metal resources. The country is the upper-middle-class country and under the development process, as it is rising as the social market economy in the world. Peru government took so many steps and the poverty level has dramatically dropped in the last decade. The gold and silver mining in the country has taken the major role player towards the country growth. The agricultural industry also played a vital role in the development of the Peru international market. Its economy is diversified, although commodity exports still make up a significant proportion of economic activity and thus subject the economy to the risks of price volatility in the international markets. Trade and industry are centralized in Lima but agricultural exports have led to the development in all the regions. P

India’s trade expansion in Iran

India is trying to expand its export trade business with various countries and Iran is one of them. Nowadays, Iran is majorly importing tea from India and became of the biggest importer of Indian tea in the international market. The prices are higher than the product has been increased up to 15% in this year and the quality of the product is very nice and this made the trade flow good between both the countries. India has stopped importing the crude oil from Iran, although India was the third-largest importer of crude oil from Iran. The government policy of trade has always played a major role in the trade business as they always tend to increase the export and low down the value of import in the country. India trade data help in gathering information from numerous sources. The sources of the information are a bill of leading, invoices, import bill, bill of entry and details from shipping companies. The Indian custom data will help to analysis the market and busines

Depilation in the import rate of India

India’s gold import has dropped down more than 75% and it is believed that it is happening because of the import duty policy of the government. This is continuous third year of depilation in the import of gold although India was one of the major importers of gold in the world. India imported 30 tons of gold in August, down from 111.47 tons a year ago, said the source, who asked not be named as he was not authorized to speak to media. In value terms, August's imports fell 62% to $1.37 billion, the lowest since August 2016. The government policy of trade has always played a major role in the trade business as they always tend to increase the export and low down the value of import in the country. India trade data help in gathering information from numerous sources. The sources of the information are a bill of leading, invoices, import bill, bill of entry and details from shipping companies. The Indian custom  data will help to analysis the market and business acti

Increase in Indian export till $300 billion in last one year

Indian economy is trying to recover in the second quarter of the financial year by less than 5%. The government has some initiatives for the economic growth of the country and increase the export of the country. Trade stimulation programs are also been conducted to enhance the growth of the country. India is a developing country and growing with the rate of 6.6% per annum but the growth rate has slowed down in the month of august which is declared by the ministry of India. Several surveys have also been taken place to analyses the future growth rate but still, the result is the same for the growth forecasted by the economists. The inflation rate of the country is also increasing by 3%, the most important and the fastest growing sector of the Indian economy is services. Trade, hotels, transport and communication; financing, insurance, real estate, and business services and community, social and personal services account for more than 60 percent of GDP. Part of the reason for