Skip to main content

Posts

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

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

Petroleum is one of the major product will help in boosting up the export but in last five year, there is a depletion of 14%, although machinery and other electronic equipment have continued their contribution toward the growth. Organic chemicals and the agro product also has made the jumps in the business of export. Diamond and other precious gems have also made their place in major exported product list. India is trying to establish as self- sufficient the country in them and started MAKE IN INDIA scheme which is very beneficial for all the exporters of the country and indirectly the export of the also increased. Significant changes are also seen in the direction of trade, even though the US continues to be the top destination of exports and China the top source of imports. The US is now a more important destination for India than it was in 2013-14, with 16 percent of the exports headed there now compared to 12.5 per cent five years ago. The data services help in get

Economic status of Sri Lanka

The World Bank, in its 2019 country classification release, has elevated Sri Lanka from a lower middle-income country to an upper-middle-income country. The World Bank uses GNI per capita and not the more popularly known Gross Domestic Product or GDP per capita for classifying countries into different stages of economic advancement. That is because GNI includes all the incomes earned by peoples of a country irrespective of whether they are resident in that particular country or not. In contrast, GDP measures the incomes earned by all within the territory of a country irrespective of whether they are citizens or not. Hence, GNI pertains to the people of a country and therefore is a better indicator of the wellbeing of such people. For international comparison, the World The bank converts GNI per capita measured in the local currency into US dollars by using an average exchange rate.   The sri Lanka import and export data provide you the real picture of Sri Lankan market w

Argentina The Hub Of Agro Product

Argentina is the country located in South America with the neighboring boundaries of Bolivia, Paraguay, and Brazil. The country stands on 76th rank in the world trade economy. The agriculture sector makes 54% of the total export in the country and Argentina economy mostly depends upon the agriculture sector also red meat, wool and leather are the hidden gems of the country. Wheat is the major product in Argentina export, also the country is the fourth-largest producer of gas and petroleum. Argentina is the great base as the market to deal, which can get you the boom in the business in the global market. Argentina has a dynamic market for the import and export trade and can be explored with the help of a market analysis report. The business analysis creates the formulas to strengthen the business plans and improves the upcoming results. The reference of the report can help a lot to get rid of future hazards. The Argentine export data well get you the brief details of the agricultural