#Major Exporters in India
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exportimport12 · 4 months ago
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Discover India's top exporters​​​​​​​ and key insights into the nation's booming export market. Learn about top industries, major products, and how India is cementing its position as a global trade leader.
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exportimportdata13 · 4 months ago
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India's Export Landscape: Key Insights and Major Exporters
India has firmly established itself as a prominent player in the global export market, thanks to its diverse range of products and robust industrial base. This article explores the key highlights of India's export performance, major exporters, and top export companies, shedding light on the factors that drive the country's trade success.
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Key Highlights of India's Export Performance
In October 2023, India saw a notable increase in its total exports, reaching USD 62.26 billion, a 9.43% rise from USD 56.90 billion in October 2022. This growth underscores the resilience and expansion of India's export sector amid global economic uncertainties. The fiscal year 2023–2024 marked a record total export value of USD 778.2 billion, with a slight increase of 0.04% from the previous year.
However, while the overall export value has grown, there was a 3% decrease in the export of goods, which fell to USD 437.1 billion. Conversely, exports of services saw a significant rise to USD 341.1 billion, highlighting a shift towards service-based exports.
Exports by Major Products:
Leather and Its Products
Petroleum Products
Gems and Jewelry
Automobiles, Equipment Parts, and Electronic Goods
Pharmaceutical Products
Organic and Inorganic Chemicals
Dairy Products
Handloom and Cotton Yarns
Top Exporting Countries:
China - USD 3,380 billion
United States - USD 2,019 billion
Germany - USD 1,688 billion
Netherlands - USD 934 billion
Japan - USD 798 billion
Italy - USD 717 billion
France - USD 676 billion
South Korea - USD 648 billion
Mexico - USD 593 billion
Canada - USD 569 billion
Major Exporters in India
India's export sector is characterized by a few key players who dominate various industries. Here’s a closer look at some of the major exporters:
1. Reliance Industries
Reliance Industries is the largest exporter in India, contributing to 15% of the country's total exports. The company excels in refining and petrochemicals, exporting petroleum products such as chemicals, polymers, and refined fuels. Its primary markets include Europe, Africa, and the Americas.
2. Tata Steel
Tata Steel stands out for its extensive steel production capacity, with an annual output of 35 million metric tons. The company's operations span from mining to manufacturing and marketing finished products. Tata Steel exports its products to a diverse range of markets, including the United States, Vietnam, Iraq, Afghanistan, Korea, Jordan, and Qatar.
3. Sun Pharmaceutical Industries
Sun Pharma is a global leader in pharmaceutical exports, specializing in APIs, generic drugs, and specialty medications. The company’s research-driven approach has expanded its reach to markets such as the USA, Belarus, Sri Lanka, and Myanmar.
4. Rajesh Exports Limited
Rajesh Exports is unique in its complete integration across the gold value chain, from retail branding to mining. Processing about 35% of the world’s gold, the company exports gold and jewelry to over 60 countries, including the USA, UK, Singapore, and UAE.
5. Tata Motors
Tata Motors is a leading automaker known for its diverse range of vehicles, including electric, commercial, and passenger vehicles. The company’s export markets include Latin America, Africa, the Middle East, and Vietnam.
6. Vardhaman Textiles
As the largest vertically integrated textile manufacturer in India, Vardhaman Textiles exports a significant portion of its yarn production. Its major markets are South Asia, Europe, Africa, Japan, and the United States.
7. International Lace Trade Center
The ILTC facilitates the export of handmade lace products, showcasing Indian handicrafts to the global market. The center supports artisans and exporters by providing various facilities for exhibitions and craft bazaars.
8. Bajaj International Private Limited
Bajaj International Pvt. Ltd., part of the Bajaj Group, exports a range of electronic products, including irons, gas stoves, ceiling fans, and room heaters.
9. Arvind Mills
Arvind Mills is renowned for its textiles and denim, including brands like Flying Machine and licensed international labels. The company operates retail chains such as Megamart, Unlimited, and Arvind Store.
10. Kiran Gems Private Limited
Kiran Gems is the world’s largest producer of natural diamonds, known for its advanced manufacturing systems and broad product variety. The company exports diamonds globally, setting industry standards in quality and precision.
Conclusion
India's export sector demonstrates impressive growth and diversity, driven by a range of industries and key players. From refined petroleum and high-quality textiles to pharmaceuticals and automobiles, India's global trade footprint continues to expand. The country’s top exporters play a crucial role in shaping its economic landscape, leveraging technological advancements and market diversification to maintain their competitive edge.
For businesses and individuals interested in exploring India's export opportunities, platforms like ExportImportData.in offer comprehensive insights and data to facilitate informed decision-making.
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exportimportdata3 · 3 months ago
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Discover the importance of India's major ports that drive its international trade. Learn about key export and import hubs like Mumbai, JNPT, and Mundra, and how these ports are essential to India's growing economy and global commerce. Explore India's largest and busiest seaports today!
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importexport-data · 3 months ago
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anamseair · 3 months ago
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Explore the major import and export ports in India and their vital role in the nation's economy. Learn about India's biggest export and import seaports, including Mumbai, Mundra, Visakhapatnam, and more. Discover key facts about India's maritime trade and how these ports contribute to international commerce.
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eximpedia1 · 5 months ago
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probablyasocialecologist · 1 year ago
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fatehbaz · 1 year ago
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In fact, far more Asian workers moved to the Americas in the 19th century to make sugar than to build the transcontinental railroad [...]. [T]housands of Chinese migrants were recruited to work [...] on Louisiana’s sugar plantations after the Civil War. [...] Recruited and reviled as "coolies," their presence in sugar production helped justify racial exclusion after the abolition of slavery.
In places where sugar cane is grown, such as Mauritius, Fiji, Hawaii, Guyana, Trinidad and Suriname, there is usually a sizable population of Asians who can trace their ancestry to India, China, Japan, Korea, the Philippines, Indonesia and elsewhere. They are descendants of sugar plantation workers, whose migration and labor embodied the limitations and contradictions of chattel slavery’s slow death in the 19th century. [...]
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Mass consumption of sugar in industrializing Europe and North America rested on mass production of sugar by enslaved Africans in the colonies. The whip, the market, and the law institutionalized slavery across the Americas, including in the U.S. When the Haitian Revolution erupted in 1791 and Napoleon Bonaparte’s mission to reclaim Saint-Domingue, France’s most prized colony, failed, slaveholding regimes around the world grew alarmed. In response to a series of slave rebellions in its own sugar colonies, especially in Jamaica, the British Empire formally abolished slavery in the 1830s. British emancipation included a payment of £20 million to slave owners, an immense sum of money that British taxpayers made loan payments on until 2015.
Importing indentured labor from Asia emerged as a potential way to maintain the British Empire’s sugar plantation system.
In 1838 John Gladstone, father of future prime minister William E. Gladstone, arranged for the shipment of 396 South Asian workers, bound to five years of indentured labor, to his sugar estates in British Guiana. The experiment with “Gladstone coolies,” as those workers came to be known, inaugurated [...] “a new system of [...] [indentured servitude],” which would endure for nearly a century. [...]
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Bonaparte [...] agreed to sell France's claims [...] to the U.S. [...] in 1803, in [...] the Louisiana Purchase. Plantation owners who escaped Saint-Domingue [Haiti] with their enslaved workers helped establish a booming sugar industry in southern Louisiana. On huge plantations surrounding New Orleans, home of the largest slave market in the antebellum South, sugar production took off in the first half of the 19th century. By 1853, Louisiana was producing nearly 25% of all exportable sugar in the world. [...] On the eve of the Civil War, Louisiana’s sugar industry was valued at US$200 million. More than half of that figure represented the valuation of the ownership of human beings – Black people who did the backbreaking labor [...]. By the war’s end, approximately $193 million of the sugar industry’s prewar value had vanished.
Desperate to regain power and authority after the war, Louisiana’s wealthiest planters studied and learned from their Caribbean counterparts. They, too, looked to Asian workers for their salvation, fantasizing that so-called “coolies” [...].
Thousands of Chinese workers landed in Louisiana between 1866 and 1870, recruited from the Caribbean, China and California. Bound to multiyear contracts, they symbolized Louisiana planters’ racial hope [...].
To great fanfare, Louisiana’s wealthiest planters spent thousands of dollars to recruit gangs of Chinese workers. When 140 Chinese laborers arrived on Millaudon plantation near New Orleans on July 4, 1870, at a cost of about $10,000 in recruitment fees, the New Orleans Times reported that they were “young, athletic, intelligent, sober and cleanly” and superior to “the vast majority of our African population.” [...] But [...] [w]hen they heard that other workers earned more, they demanded the same. When planters refused, they ran away. The Chinese recruits, the Planters’ Banner observed in 1871, were “fond of changing about, run away worse than [Black people], and … leave as soon as anybody offers them higher wages.”
When Congress debated excluding the Chinese from the United States in 1882, Rep. Horace F. Page of California argued that the United States could not allow the entry of “millions of cooly slaves and serfs.” That racial reasoning would justify a long series of anti-Asian laws and policies on immigration and naturalization for nearly a century.
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All text above by: Moon-Ho Jung. "Making sugar, making 'coolies': Chinese laborers toiled alongside Black workers on 19th-century Louisiana plantations". The Conversation. 13 January 2022. [All bold emphasis and some paragraph breaks/contractions added by me.]
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read-marx-and-lenin · 19 days ago
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this might be an odd question but like, ive read imperialism (by our mutual friend) and so i think i get what imperialism is economically with the banks and colonialism in the sense of primary and secondary product imports/export, but for a given nation, how should one figure out if they're an imperialist power, or an imperialised country? like should i just look at an imports/exports list?
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The thing about New Zealand in particular (as well as Australia) is that it's a settler colony. It's not unusual for colonial nations to export primary products (although I would say New Zealand's exports are not particularly dominated by raw materials and that New Zealand does a good amount of domestic processing). What is unusual is for an ostensibly "independent" colony like New Zealand or Australia (or Canada or the US) to retain such close mutual ties to their former colonizer or to engage in colonial activities of their own (which New Zealand and Australia certainly have done in the Pacific).
The English plantation-style settler colonies that build the bulk of the "core Anglosphere" were unique in the way that, rather than relying on the labor of the native population like many other colonies would, they instead sought to settle the land using imported labor. This created a strong cultural and political connection between Britain and its settler colonies, which did not happen in other former British colonies such as India.
New Zealand has been a minor player among the first world nations, to be sure, with less colonial presence than Australia and no major cartels on the level of BHP, however its close ties with the rest of the core Anglosphere and Australia in particular have prevented any economic decline or marginalization that might otherwise have occurred due to global imperialism (and it could definitely be said that without China's rapid industrialization and modernization and thus the "China boom" that occurred in ANZ as a result of China's demand for raw materials, we would be seeing a much more dire economic situation in both countries.)
It is not enough to simply look at a list of imports and exports to determine whether or not a country is part of the imperial core. You have to also look at a country's economic and political relationships with other countries. The core Anglosphere as a whole is currently so deeply economically and politically interconnected that it is hard to see any one of them exiting the imperial core on their own any time soon.
Just look at the alliances New Zealand is a part of:
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New Zealand is clearly not being treated as an imperialized nation. The Maori and Pasifika are certainly the victims of colonialism, just as the indigenous peoples of Australia and North America are, but the core Anglosphere remains a fairly cohesive empire even if the US has stolen the spotlight from Britain.
Some good supplemental reading to Lenin's Imperialism is Kwame Nkrumah's "Neo-Colonialism". It is more relevant to the post-WW2 economic organization of the world and goes into detail about how the imperial core economically exploits the third world.
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covid-safer-hotties · 4 months ago
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Needle-free COVID-19 intranasal vaccine provides broad immunity, study finds - Published Agu 27, 2024
A next-generation COVID-19 mucosal vaccine is set to be a gamechanger not only when delivering the vaccine itself, but also for people who are needle-phobic.
New Griffith University research, "A single-dose intranasal live-attenuated codon deoptimized vaccine provides broad protection against SARS-CoV-2 and its variants" published in Nature Communications, has been testing the efficacy of delivering a COVID-19 vaccine via the nasal passages.
Professor Suresh Mahalingam from Griffith's Institute for Biomedicine and Glycomics has been working on this research for the past four years.
"This is a live attenuated intranasal vaccine, called CDO-7N-1, designed to be administered intranasally, thereby inducing potential mucosal immunity as well as systemic immunity with just a single dose," Professor Mahalingam said.
"The vaccine induces strong memory responses in the nasal mucosa, offering long-term protection for up to a year or more.
"It's been designed to be administered as a single dose, ideally as a booster vaccine, as a safe alternative to needles with no adverse reactions in the short or long term."
Live-attenuated vaccines offer several significant advantages over other vaccine approaches.
They induce potent and long-lived humoral and cellular immunity, often with just a single dose.
Live-attenuated vaccines comprise the entire virus, thereby providing broad immunity, in contrast to a single antigen which is used in many other vaccine platforms.
Lead author Dr. Xiang Liu said the vaccine provides cross-protection against all variants of concern, and has neutralizing capacity against SARS-CoV-1.
"The vaccine offers potent protection against transmission, prevents reinfection and the spread of the virus, while also reducing the generation of new variants," Dr. Liu said.
"Unlike the mRNA vaccine which targets only the spike protein, CDO-7N-1 induces immunity to all major SARS-CoV-2 proteins and is highly effective against all major variants to date.
"Importantly, the vaccine remains stable at 4°C for seven months, making it ideal for low- and middle-income countries."
The vaccine has been licensed to Indian Immunologicals Ltd, a major vaccine manufacturer.
Dr. K. Anand Kumar, co-author of the publication and Managing Director of Indian Immunologicals Ltd. Said, "We are a leading 'One Health' company that has developed and launched several vaccines for human and animal use in India and are currently exporting to 62 countries."
"We have completed all the necessary studies of this novel COVID-19 vaccine which offers tremendous advantages over other vaccines.
"We now look forward to taking the vaccine candidate to clinical trials."
Professor Lee Smith, Acting Director of the Institute for Biomedicine and Glycomics, said he was delighted with the research findings.
"These results towards developing a next-generation COVID-19 vaccine are truly exciting," Professor Smith said.
"Our researchers are dedicated to providing innovative and, crucially, more accessible solutions to combat this high-impact disease."
More information: Xiang Liu et al, A single-dose intranasal live-attenuated codon deoptimized vaccine provides broad protection against SARS-CoV-2 and its variants, Nature Communications (2024). DOI: 10.1038/s41467-024-51535-y
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arkipelagic · 9 months ago
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Asian slaves, indigenous Americans, and identity in colonial era Mexico
The Spanish Philippines had a diverse slave population for local labor and export, including Filipino Indians [i.e. natives; indios], Muslim war captives (moros), and foreign slaves from as far away as Portuguese India.
… Upon their arrival, chino slaves [i.e. any Asian slave, not just Chinese] were absorbed by the urban economy of Mexico City, where they mainly worked as domestic servants or in textile mills (obrajes) … For their part, working in the city provided chinos with some possibilities for manumission. Chinos in domestic service were especially apt to embrace the limited opportunities available to them and to experience some social mobility. In the obrajes, chinos had few of the freedoms given to domestic servants, but they did benefit from government oversight of the industry. During official visits, chino slaves appealed for protection from overt exploitation by claiming that they were Indians (even if they were from Portuguese India). Remarkably, visiting inspectors listened to their complaints, and they often responded by liberating individual chinos under the assumption that they were indeed native vassals and could thus not be held in bondage. The overall experience of chinos in the viceroyal capital confirms the benefits of living close to the center of colonial power.
The presence of free indigenous immigrants from the Spanish Philippines in Mexico reinforced the idea that all chinos were Indians. The complex governing structure of colonial Mexico involved two republics or political communities (the república de indios and the república de españoles); this organization separated the indigenous majority from everyone else to facilitate the collection of tribute and the ministry of the Catholic Church … [N]ative immigrants from the Philippines purposely sought to confirm their membership in the Republic because corporate status provided personal advantages. They asked to be tallied in tribute rolls in Mexico to benefit from concomitant privileges, such as trading rights and legal representation through the General Indian Court. At the same time, free Filipinos were frequently confused with chino slaves - a situation that had serious consequences for Filipinos' relations with colonial institutions and enslaved individuals. Some immigrants resented having their indigenous identity questioned and sought to maintain a sense of their Indian-ness by keeping their distance from chino slaves. The majority, however, expressed solidarity with chino slaves. Filipino artisans, for example, took on chino slaves as apprentices and taught them marketable skills. Similarly, Filipino traders incorporated chinos into their own credit networks to facilitate self-purchase.
Individual chinos who were manumitted also embraced an Indian identity, regardless of whether they were from Goa, Macau, or other places in South and Southeast Asia. In this way, chinos challenged official attempts to define them solely as former slaves. Instead, they sought to join the free republic. The possibility for this kind of social integration caused widespread concern among slave owners. To defend their property rights, masters started to brand chino slaves on the face, rather than on the chest or arm as they did with Africans, in order to dissuade them from fleeing and "passing" as free Indians. This horrifying development shows that Indian communities welcomed runaway chino slaves and, by extension, that slave owners sought visible markers of their slaves' status.
Excerpt from the Introduction to “Asian Slaves in Colonial Mexico: From Chinos to Indians” (2014) by Tatiana Seijas
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exportimport12 · 4 months ago
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Explore major exporters in India across various industries, highlighting their global impact and contribution to the nation's booming export market. Discover key statistics, major export items, and how platforms like Eximpedia.app can help you access reliable trade data for global market expansion.
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designsfromtime · 29 days ago
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How will Tariffs effect the Historical Costume Community?
How will Tariffs effect the Historical Costume Community?
Maybe it was divine inspiration that I chose the summer of 2025 to semi-retire, because textiles are about to increase, ya'll! - so are avocados, strawberries, and fruits and vegetables from Mexico; electronics (from China) - like your cell phones and computers, televisions. But it doesn't stop there: building supplies, car parts, clothing, toys, medical supplies, medications, and much, much more is about to increase!
Why?
Because of Trump's brilliant economic plan to implement tariffs on countries like China, Mexico, and Canada on "Day one," to quote him directly.
Yes, that was sarcasm. For those who haven't been following the dire warnings economists worldwide and in America were shouting to the rooftops, i.e., that tariffs will cause economic disaster for many companies in the USA, and you still think the cost of gas and eggs and groceries are going to decrease in the Trump administration, boy oh boy are ya'll gonna have a huge awakening come January 20, 2025.
The way tariffs work is like this: American companies, who purchase goods outside of America, "are the ones who pay the tariffs" - NOT the companies sending goods to America for American consumers to buy. American companies will be paying MORE to import goods from other companies, and that increase will be passed on to the American people. These large corporations, who have already been recording record breaking profits since 2020, will use Trump’s tariffs as an excuse to raise their prices even more! – because there are no regulations on what they can charge the public. ALSO, they will be receiving more tax cuts, while the rest of us, especially the middle class who already carry the burden of the majority of the taxes in the USA, will see an increase in our taxes. These tariffs will cost us an additional $2500 a year per household. That doesn't sound like much, but it adds up, especially for many who are already barely scraping by - myself included.
How will these tariffs impact the historical costume community specifically?
While Mexico, China and Canada are our top exports (places we buy from), the following countries are ALSO popular sources that USA consumers import textiles and clothing:
Vietnam
India
Bangladesh
Indonesia
Honduras
The majority of fine woolen textiles are exported from the UK. The cost of wool will also be affected, with costs going up from 10 to 20%. Maybe that doesn’t sound like much, but when you’re already paying $30 to $40 (and more) a yard for a good wool product an additional $3 to $6 per yard will carry a punch on my client’s budgets.
Companies like Silk Baron, who import silk fabrics in bulk from places like India, will have to increase their prices by a minimum of 20%. The price of silk is already $20 to $30 or more a yard through Silk Baron, and we can expect their prices to increase to $22 to $24, or $33 to $36 a yard.
Fabric-Store.com, used to only charge $12 a yard for linen, but beginning in 2020 they have raised their prices every year and are now charging $18 a yard. The impacts of tariffs will only increase these costs.
Trump’s tariffs on China will raise prices by 60%, and 10 to 20% to other countries who import goods to the USA. Tariffs impact consumers, NOT the companies who produce the products and ship them to American businesses.
Walmart and Lowes have already rung a warning nell that their prices are about to increase. According to an article by Reuters, a Walmart spokesperson stated, “We're concerned that significantly increased tariffs could lead to increased costs for our customers at a time when they are still feeling the remnants of inflation"…"Trump has vowed to make tariffs, which are a fraction of U.S. tax collections, central to his economic agenda. Executives have been increasingly fielding questions on the subject, with many noting ongoing efforts to continue to diversify their supply chains, particularly away from China, Trump's top target.”
Additionally, the CFO of Lowe’s, Brandon Silk, said: "Roughly 40% of our cost of goods sold are sourced outside of the U.S., and that includes both direct imports and national brands through our vendor partners"…"And as we look at the potential impacts (of tariffs), it certainly would add to product costs." These tariffs will impact the cost of appliances and building supplies, which means the cost of new construction will increase.
Grocery stores, who were already price gouging consumers since the pandemic, are beginning to raise their prices. By the way, the President of the United States (or the Vice President) does not control the prices that big corporations charge consumers, it’s greed on the part of these companies like Albertson’s, Fred Meyer, etc., who set the prices. Harris planned to institute regulations to control their greed and lower the cost of groceries, etc., but Trump’s “tariffs,’ WILL absolutely affect American consumers.
Furthermore, voters, pissed off about Biden’s handling of Hamas, voted for Trump in protest. By the way, Trump and his entire administration are 100% pro-Israel, and support the atrocities Netanyahu has perpetrated against innocent civilians who have nothing to do with the terrorists of Hamas.
Voting is the equivalent to an open book examination in college or high school. All the information needed to educate yourselves on the issues are available at your fingertips, but you have to open the damn book! Voters, angry about Israel’s genocide of the Palestinian people, chose not to educate themselves about what control or influence on world politics a Vice President actually HAS. Harris was not pro-Israel, but publicly stated she was against Palestinian and Israeli aggression.
When textile and supply prices go up, those increases affect the cost for costumers. The tariffs that will be implemented will increase costs by 60% from any goods purchased from China. For my business, this will impact such items as “freshwater pearls,” that I use on my costume embellishment. China is the world’s largest exporter of pearls, which are “grown” or farmed in that country.
Coates embroidery thread, which I use in my embroidery machines, are based in Mexico. With Trump’s tariffs the cost will go up 20%. A spool of Coates gold metallic thread is $12.99 at JoAnns. That will increase by roughly $2.60 per spool.
Faux Baleen from Germany, used in corsetry, will go up anywhere from 10 to 20%.
American Duchess, who contracts with shoemakers in China to produce their historical shoes will have to raise their prices by 60%!!  
Buttons, thread, fabric, notions, everything you can imagine used in the creation of historical costumes are imported from China. Tariffs will have a noticeable impact on the entire historical costume community, which is already an expensive hobby.
At a time when American’s are paying more for goods and groceries than other countries, not only will tariffs impact the economy, but Trump and the Republicans as outlined in Project 2025, plan to cut Social Security by no less than 20%, but they also are planning to do away with it entirely, to include social security disability, which millions of disabled and retired Americans depend on to exist.
In a word, and I don’t give a flying fig that I’m bringing politics into historical costuming, you voted for more inflation and higher cost of goods. It would behoove all ya’ll among the younger generations to use Google and research how the stock market crash of 1929 happened, and how tariffs played a significant role in exacerbating the Great Depression.
The Smoot-Hawley Tariff Act, passed in June 1930, was a key factor. This act raised tariffs on thousands of imported goods in an attempt to protect American industries and farmers, which had unintended consequences such as:
Retaliation by Other Countries: Many countries responded by imposing their own tariffs on American goods, which led to a significant decline in international trade.
Reduction in Exports and Imports: American exports and imports fell by about 67% during the Great Depression. This decline in trade worsened the economic downturn.
Global Economic Impact: The tariffs contributed to a global economic slowdown, making it harder for the U.S. and other countries to recover from the depression.
These consequences ended in joblessness, as companies closed down. Read about the how the banks went under, people lost their jobs, resulting in widespread foreclosures, and the rise in shanty towns to house millions of homeless who were once productive members among the middle class.
Is this hyperbole? No! If you do not educate yourselves, history will repeat itself. Trump’s tariffs will impact Americans on a catastrophic level, as well as impact the global economy.
So, next time, maybe study for the “open book test” rather than sourcing your information from word of mouth like, you know, Fox News.
Hang on to your butts, it’s gonna get rough for all of us.
P.S: If you voted for him, and your fee-fees are hurt by this article, don't you dare say one hateful thing in my blog or my Facebook page or you will be blocked.
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exportimportdata3 · 3 months ago
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India's ports play a vital role in global trade, with 13 major seaports facilitating 95% of the country's trade by volume. Discover key ports like Mumbai, JNPT, and Mundra, and learn how these maritime hubs drive India's economic growth.
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importexport-data · 7 months ago
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Top 10 Products to Export from India
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India's dynamic economy has become a major force in international trade, with a significant increase in exports over the past few decades. The diverse range of goods exported from India includes essentials like clothing and petroleum products, as well as valuable items such as jewelry. India is now among the leading exporters, catering to the needs of a wide array of global consumers with both traditional and cutting-edge technologies.
Considering Exporting from India?
Are you interested in exporting but unsure what products to focus on? Curious about the most popular goods exported by Indian businesses? Look no further. This article overviews India's top export products, offering insights into market trends and high-demand items for 2024.
The Importance of Exports for India
Exports are vital for India's economic growth, generating essential foreign exchange that funds necessary imports and supports the rupee. A robust export sector creates jobs across various industries, driving overall growth and improving livelihoods.
India's top 10 exports significantly contribute to its economy, making it one of the world's largest exporters. Understanding consumer preferences, market trends, and key product details is crucial for success in global trade. Exporting from India is an essential strategy for business owners looking to expand.
Top Export Products from India in 2024
India's export industry is vast and varied. Here's a detailed look at the India export products list for 2024:
Pharmaceuticals
Petroleum Products
Machines and Equipment
Gems and Jewelry
Textiles and Garments
Tea
Organic and Inorganic Chemicals
Iron and Steel
Vehicles
Dairy Products
Detailed Overview of Top Export Products
Pharmaceuticals and Medicines India is renowned for its pharmaceutical industry, exporting life-saving drugs and therapies to over 200 countries. This sector contributes about 6% of all exports, with a 9.67% increase in exports to USD 27.9 billion in 2023–2024. India exports a wide range of pharmaceutical products, including vaccines, biosimilars, APIs, and generic medications.
Petroleum Products As Asia's second-biggest refinery, India exports petroleum products like petrol, diesel, and jet fuel to countries including the US, China, and the Netherlands. This sector contributes around 10% of total export value, with an export value of USD 15.5 billion.
Machines and Equipment India exports machinery and mechanical appliances, with an export value of USD 3.1 billion. The engineering sector produces high-quality machine tools, pumps, engines, and turbines, recognized globally.
Gems and Jewelry India is a top exporter of cut and polished diamonds, pearls, and gemstones, primarily from Gujarat and Andhra Pradesh. These items are highly sought after in the US, UAE, and Hong Kong, with an export value of USD 10.2 billion.
Textiles and Garments India's textile and apparel industry, which includes both natural and synthetic fibers, accounts for around 7% of all exports. This sector's export value is USD 6.8 billion.
Tea India's tea exports, including Assam and Darjeeling varieties, contribute over 3% of the country's total export value, with an export value of USD 1.2 billion.
Organic and Inorganic Chemicals As the third-largest chemical manufacturer in Asia, India's chemical exports contribute around 5% of total exports. The export value for this sector is USD 4.9 billion.
Iron and Steel India is a major exporter of iron and steel, essential for global construction. The export value for this sector is USD 2.9 billion.
Vehicles India exports automobiles, trucks, and motorcycles, with an export value of USD 2.7 billion. Major export destinations include the US, Europe, and Africa.
Dairy Products Dairy products are a significant export, especially in Western markets. India's dairy sector has an export value of USD 2.4 billion.
Finding India's Top Exporters
For accurate and up-to-date information on India export products, visit ExportImportData's dashboard. It provides comprehensive data on export products, major exports, and the top 10 exports from India.
Conclusion
Exports are a primary driver of India's economic growth, creating foreign exchange, jobs, and industrial development. Now is the time to start exporting and take advantage of global opportunities. With the ExportImportData platform, you can easily ship to over 130 countries. If you have questions about India’s top exports or need specific export data, our experts are here to help.
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anamseair · 4 months ago
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Discover India's top agricultural exports and its major role in the global market, with rice leading the way. Explore key products and export insights.
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