Saudi Arabia imports products such as rice and other vegetables and fruits, oil, textiles, machinery and automobile, iron and steel among other goods valued at $13B. The exported goods include iron ore, cotton yarn, organic chemicals, plastics and refined copper. China imports goods valued at $13.9B from its Asian counterpart through a bilateral trade framework. The UAE is the second export destination at $29.6B with the primary products being jewelry, refined petroleum, coal products and rice. The principal goods shipped to the US are diamond, medicaments, rice and other agricultural produce, and oil. The US is India’s largest export market, exporting goods valued at $35.9B. Key export destinations for India lie in Asia, Europe, North America as well as the Middle East. Petroleum Gas and Coal Briquettes are imported in India at a value of $17.7B and $15.4B respectively.
Over 90% of the global diamond gets cut and graded in India because of the low cost of labor and expertise. Gold and diamond are imported at $31.1B and $17.5B respectively, to fuel the country’s gems and jewelry industry. Crude oil is, therefore, the main import at $122B, imported from some of the world’s giant oil producers. India does not have major oil fields and depends on imported crude oil to supplement the high level of expertise in oil refinery. The manufacturing sector in India has been on an upward trajectory in the recent years, and cars account for $5.82B of the country’s total exports. India, having a substantial agricultural economy, exports rice at a value of $7.75B. The industry is highly export oriented, and it is underpinned by an abundance of specialized labor. India has one of the largest cutting and polishing industries for diamonds and other precious stones in the world. Packaged Medicaments are exported at a value of $12.1B while jewelry accounts for $11.8B of the total value of exports. While India’s crude oil production is low, the country’s refining capacity is large, and it exports refined petroleum to oil-producing countries such as Saudi Arabia and UAE as well as countries in Europe. Refined Petroleum, at $53.9B, is India’s chief export. India’s top trading goods include petroleum, agricultural produce, precious stones and jewelry, and machinery. people in business arising out of issues like imports and exports of goods.
India’s economy has been consistently growing at an average growth rate of 7% per annum for several decades. Alex Segre 40 Lourens Smak 418 STOCKFOLIO 16 vario images GmbH & Co. India is the second most populous country in the world with a large pool of labor and efficient government reforms has been reshaping the world’s economy. Luma Size - shape size depends on the brightness values of the source image.India, the 18th largest export economy, exported $292B and imported $421B worth of goods in 2014, resulting in a negative trade balance of $129B.Luma Spacing - shape distribution depends on the brightness values of the source image.Vector Field for drawing directions and various presets of fields.
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