2. Introduction
IMPORT
•Goods & Services consumed in one country
which has been bought from another country
EXPORT
• Goods and services that are produced
domestically and sold to buyers in another
country
3. Balance of Trade
It represents a difference in value for
import and export for a country
4. Balance of Trade
A country has demand for an import when
domestic quantity demanded exceeds
domestic quantity supplied,
Else when the price of the good (or service)
on the world market is less than the price on
the domestic market
NX = X − I, where NX represents Balance of
Trade, X is Exports and I is Imports
6. Ministry of Commerce & Industry
Directorate General of Foreign
Trade
Central Board of Excises
Customs
7. As in 2010
India has identified 16 sectors where we believe
there are real opportunities for Foreign companies
Aerospace (Civil)
Automotive
Agri-business (incl. Food & Drink)
Biotechnology & Pharmaceuticals
Construction (incl. Sports & Leisure Infrastructure)
Creative & Media
Education, Skills & Leisure
8. As in 2010
Engineering (incl. Mining, Metals & Metallurgical
Process Industries)
Financial & Legal Services
Healthcare & Medical
ICT - Software/Computer Services & Residual
Electronics and Communications
Oil & Gas (incl. Petro & Non-petrochemicals)
Power
Transport (incl. Airports, Ports, Railways and
Security)
Water
9. Software, Engg goods
Agricultural products
Major
Exported Textile goods, Chemicals
Goods
Leather manufactures
Gems and Jewellery
10. Crude oil
Electronics & Electrical
Major goods
Imported Several Commodities,
Machinery
Goods
Medicine & medical
equipment
Aircraft spare parts
12. Main Import Partners
Germany
China
Singapore 10%
26%
10%
Iran
10%
UAE Saudi Arabia
12% 17%
US
15%
13. EPCG Scheme
Export Promotion Capital Goods
Allow import of capital goods for pre-
production, production and post-production
at 5% CD
Relaxation in… Units pertaining to agro, SSI,
BIFR etc
14. 3
Special Economic Zone
2
Free Trade and Warehousing Zone
1 Scheme
Export Oriented Unit Scheme
15. Where India Stands Today
India has one of the fastest growing economies
in the world
India's share in the global trade, including trade
in merchandise and services sector, has
increased from 1.5% in 2006 & 2% in 2009 &
will cross the 2.5% in 2012
Foreign trade, as a percentage of GDP (in rupee
terms) was over ~24% in 2010