data of forign trade

1. National Foreign Trade Since 2001
ANUJ ARORA
ENR. NO. 12115020

2. FOREIGN TRADE -INTRODUCTION
• Diversity across the world in term of
-Uneven Distribution of Natural Resources
-Division of Labour and Specialization
-Differences in Economic Growth Rate
• Each country has not enough competency to produce all kind goods
& services to fullfill the need
• Trade between two or more nations is called foreign trade or international
trade
• Foreign trade transactions are classified under three categories:

3. contd….
Import Trade
Export Trade
Balance of Trade
• The balance of trade is the difference between the monetary value
of exports and imports of output in an economy over a certain period.
It is the relationship between a nation's imports and exports.Positive
or favorable balance of trade is known as a trade surplus if it consists
of exporting more than is imported; a negative or unfavorable
balance is referred to as a trade deficit

5. India's Exports, Imports, and Balance
of Trade from 2000-01 to 2010-11
Table3.1:India'sExports,Imports,andBalanceofTradefrom2000 -01to2010 -11
Year
valueinRs.'00crores percentagegrowth
Exports Imports
Balanceof
Trade
Exports Imports
Balance
ofTrade
2000-01 2035.71 2308.73 -273.02 27.58 7.26 -50.97
2001-02 2090.18 2452.00 -361.82 2.68 6.21 32.53
2002-03 2551.37 2972.06 -420.69 22.06 21.21 16.27
2003-04 2933.67 3591.08 -657.41 14.98 20.83 56.27
2004-05 3753.40 5010.65 -1257.25 27.94 39.53 91.24
2005-06 4564.18 6604.09 -2039.91 21.60 31.80 62.25
2006-07 5717.79 8405.06 -2687.27 25.28 27.27 31.73
2007-08 6558.64 10123.12 -3564.48 14.71 20.44 32.64
2008-09 8407.55 13744.36 -5336.81 28.19 35.77 49.72
2009-10 8455.34 13637.36 -5182.02 0.57 -0.78 -2.90
2010-11 11429.22 16834.67 -5405.45 35.17 23.45 4.31

6. India’s Rank
Factor Rank Factor Rank
Population 2 Milk production 1
Area 7 Butter and ghee
production
1
Arable land 2 Sugar production 2
Irrigation area 1 Merchandise exports 31
Tractors in use 2 Merchandise imports 26
Nitro fertiliser consumption 2 Service exports 22
Rice production 2 Service imports 19
Wheat production 2 GNP 12
Tobacco production 2 GNP at purchasing
power parity
4
Tea production 1

7. EXPORT…..

9. IMPORT…….

12. The Indian Institute of Foreign Trade
(IIFT)
• The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the
Government of India to increase exports by developing human
resources,generating, analyzing data and conducting research. The
Institute has also trained more than 40,000 business professionals
across 30 countries in various facets of international business and
trade policy via its Management Development Programmes.

13. INDIA’S FOREIGN TRADE POLICY
2009-14
The Union Commerce Ministry, Government of
India announces the integrated Foreign Trade
Policy FTP in every five year. This is also called
EXIM (import export policy). This policy is
updated every year with some modifications and
new schemes. New schemes come into effect on
the first day of financial year i.e. April 1, every
year. The Foreign trade Policy which was
announced on August 28, 2009 is an integrated
policy for the period 2009-14.

14. Objectives of Foreign Trade Policy
2009-14
1. To Double India's exports of goods and services
by 2014
2. To double India's share in global merchandise
trade by 2020 as a long term aim of this policy.
3. Simplification of the application procedure for
availing various benefits
4. To set in motion the strategies and policy
Measures which catalyse the growth of exports