#international trade data

[emmawilliams12]

In Sri Lanka's evolving economy, small businesses play a vital role in national prosperity. Amid global and digital transformations, Sri Lanka Trade Data becomes essential for local and global success. Explore strategic growth through innovative use of export and import data for small enterprises.

[importexportinfo]

In the fast-paced global economy, information is power. And in the realm of international trade, global trade data is a treasure trove of insights that can shape strategies, drive growth, and inform decisions.

[seairexim]

Soybean Export from India: Trends, Data, & Market Outlook for 2025

India's agricultural exports continue to gain momentum, with soybean standing as a key contributor. Known for its high nutritional value and diverse industrial applications, soybeans play a pivotal role in the global agri-commodity market. As the world’s demand for plant-based proteins and sustainable oils increases, India's position as a significant player in soybean exports strengthens. This article delves into the current trends in soybean export from India, examines soybean export data, highlights key soybean exporters in India, and explores major soybean-exporting countries for 2024-2025.

The Landscape of Soybean Export from India

India has emerged as a prominent exporter of soybeans, contributing significantly to global trade. Factors such as robust agricultural policies, advancements in farming techniques, and a focus on export-oriented production have bolstered India's soybean export capabilities.

In the 2024-2025 period, soybean exports from India are expected to grow due to increasing international demand. Indian soybeans are sought after for their quality, competitive pricing, and adherence to international standards. The primary export destinations for Indian soybeans include Southeast Asia, the Middle East, and European countries.

Soybean Export Data for 2024-2025

Tracking soybean export data reveals significant insights into India’s performance in the global market.

Volume and Value of Exports: India exported approximately 2.5 million metric tons of soybeans in the fiscal year 2023-2024, generating over $1.2 billion in revenue. The 2024-2025 projections suggest a 10-12% growth, driven by increasing demand from new and existing markets.

Major Importers of Indian Soybeans:

Indonesia and Vietnam: These countries use Indian soybeans primarily for feed and food processing industries.

United Arab Emirates (UAE): A significant importer due to its booming food industry and demand for plant-based products.

European Union (EU): Particularly Germany and the Netherlands, where soybeans are used for biofuels and plant-based protein products.

Export Growth Drivers:

India’s strategic position in Asia ensures shorter shipping times to key markets.

Increased global preference for non-GMO soybeans, a segment where India has an advantage.

Key Soybean Exporters in India

India’s soybean export industry is supported by numerous stakeholders, including farmers, processing companies, and export houses top soybean exporters in India are.

SOPA (Soybean Processors Association of India): SOPA plays a vital role in promoting soybean exports from India. It ensures the quality and branding of Indian soybeans, making them competitive in global markets.

Major Exporting Companies:

ITC Limited: Known for its robust supply chain and adherence to quality standards.

Adani Wilmar: A significant player in agri-exports, including soybeans and soy-derived products.

Ruchi Soya Industries: One of India's largest exporters, supplying non-GMO soybeans globally.

Emerging Players: Smaller exporters and agri-tech startups have also entered the market, leveraging technology to enhance productivity and streamline exports.

India’s Position Among Soybean Exporting Countries

Globally, India ranks among the top 10 soybean exporting countries. However, countries like Brazil, the United States, and Argentina dominate the export landscape.

Global Competitors:

Brazil: The world’s largest soybean exporter, primarily supplying China.

United States: A major exporter with advanced farming technology and extensive trade networks.

Argentina: Known for its high-quality soymeal exports.

India’s Competitive Edge:

Organic and non-GMO soybeans.

Competitive pricing compared to Western exporters.

Proximity to Asian and Middle Eastern markets.

Challenges in Competing Globally: While India has advantages, challenges such as inconsistent yield, fluctuating prices, and logistical issues need addressing to solidify its global standing.

Emerging Trends and Opportunities in Soybean Export

The soybean industry is undergoing transformation due to changing consumer preferences and technological advancements. Key trends for 2024-2025 include:

Shift to Plant-Based Diets: The rise of veganism and plant-based diets globally is driving demand for soy products, including tofu, soy milk, and soy protein isolates.

Sustainability and Traceability: Exporters focusing on sustainable farming and traceability in supply chains will have a competitive edge in international markets.

Government Support: Initiatives such as export incentives, enhanced logistics, and trade agreements are expected to boost soybean exports.

Value-Added Soy Products: Diversifying into soy-derived products like soymeal, soy oil, and soy protein can open new revenue streams for Indian exporters.

Challenges Facing Soybean Export from India

Despite its growth potential, the industry faces several hurdles:

Climate Change: Unpredictable weather patterns can impact crop yields.

Infrastructure Bottlenecks: Limited storage and transportation facilities hinder efficient exports.

Price Volatility: Global soybean prices are influenced by geopolitical and economic factors, impacting Indian exports.

Addressing these challenges through policy reforms and industry collaboration will be critical for sustained growth.

Future Outlook for Soybean Export from India

The future of soybean exports from India looks promising. With the global demand for soybeans expected to rise by 15-20% in the next decade, India has the opportunity to enhance its market share. Key strategies for growth include:

Investing in sustainable farming practices.

Strengthening trade relations with emerging markets like Africa and Latin America.

Promoting value-added soy products through branding and innovation.

Conclusion

Soybean export from India are poised for remarkable growth in the 2024-2025 period. By leveraging its strengths in quality production and strategic geographic positioning, India can expand its footprint in the global soybean market. However, addressing challenges like climate change, infrastructure, and price volatility will be essential for realizing its full potential. With the concerted efforts of farmers, exporters, and policymakers, India is set to cement its position as a leading player in the global soybean trade.

[thetradevision]

The Trade Vision, Global Export Import Trade Data, Buyers Suppliers from 180+ Countries

Find Active Buyers Suppliers from all over world with the help of Global Trade Data of 180+ Countries. Track your competitor, Discover Top Trending products, Analyse International Market with Export Import Trade data.

[globaltradedataproviders]

Unlocking International Markets: Trade Statistics by Country

In today's interconnected global economy, understanding trade statistics by country is essential for businesses, investors, and policymakers alike. Trade statistics provide a detailed view of the flow of goods and services across borders, revealing trends, opportunities, and potential risks. This wealth of data is not just about numbers; it’s about strategic decision-making that can shape the future of economies and businesses. In this article, we’ll explore the significance of trade statistics, how they’re collected, and how you can leverage them to your advantage.

The Importance of Trade Statistics by Country:

Trade statistics offer a clear snapshot of a country’s economic interactions with the rest of the world. This data helps identify which countries are growing their export markets, which are reliant on imports, and how trade balances shift over time. The value of understanding trade statistics by country lies in its ability to:

1. Identify Market Opportunities: For businesses looking to expand, trade statistics reveal which countries are importing particular goods and services. This data helps tailor marketing strategies to tap into the most promising international markets.

2. Support Government Policy: Policymakers rely on trade data to negotiate trade agreements and establish tariffs or other trade regulations. Monitoring a country’s trade performance helps governments make informed decisions on how to promote economic stability and growth.

3. Economic Health Indicator: Trade statistics are key economic indicators, showing the strength of a country’s production capabilities, consumer demand, and overall financial stability. A country with increasing exports, for instance, signals strong global competitiveness, while rising imports may indicate robust domestic consumption.

Key Sources of Trade Statistics:

Various sources compile and publish trade statistics, ensuring the data is accurate and up-to-date. Key sources include:

1. Government Agencies: National customs offices and statistical bureaus collect detailed data on trade activities. This data includes the type and value of goods moving in and out of the country.

2. International Organizations: Global institutions like the World Bank, World Trade Organization (WTO), and International Monetary Fund (IMF) gather and harmonize trade data across multiple countries to provide comprehensive global reports.

3. Private Sector Reports: Industry-specific associations often track trade trends within their sectors. This information helps businesses understand the performance of specific markets and sectors in different countries.

Key Trade Indicators:

When analyzing trade statistics by country, several key indicators provide a deeper understanding of a country’s trade dynamics:

1. Exports and Imports: These figures reflect the total value of goods and services a country sells to and buys from other nations.

2. Trade Balance: This is the difference between a country’s exports and imports. A positive trade balance (surplus) can indicate a strong export market, while a negative balance (deficit) may suggest reliance on imports.

3. Trade Partners: Identifying major trade partners is crucial. It helps businesses and governments understand where their economic ties are strongest and where new opportunities might emerge.

4. Product Categories: Understanding which product categories dominate a country’s trade portfolio provides insight into that nation’s competitive industries and export strength.

Using Trade Statistics for Strategic Insights:

Trade statistics can be a powerful tool for businesses, investors, and policymakers:

1. Business Expansion: Companies can use trade data to identify growing demand for their products in specific countries, enabling them to target international markets more effectively.

2. Investment Decisions: Investors use trade data to assess economic trends in different countries. A strong export growth rate could indicate a stable investment environment, while fluctuations in trade balances might suggest financial risks.

3. Policymaking: Governments use trade statistics to craft trade agreements, adjust tariffs, and manage international relations. Monitoring these trends helps policymakers anticipate economic challenges and opportunities.

Conclusion:

Trade statistics by country are more than just numbers—they are a roadmap to global economic dynamics. By analyzing these statistics, businesses can uncover lucrative markets, governments can formulate sound trade policies, and investors can make more informed decisions. In an era of increasing globalization, understanding trade patterns by country is key to navigating the complex world of international commerce. Whether you are a business looking to expand, a policymaker shaping economic policy, or an investor seeking growth, trade statistics provide valuable insights to guide your strategy.

[henrywilson123]

Brazil dominates global sugar production and exportation, vital for worldwide food supply chains. Alongside major producers like China, Thailand, India, and the United States, it contributes over 75% of the world's sugar. This blog explores Brazil's sugar industry motivations, current trends, and future prospects.

Visit Blog: https://medium.com/@seair.exim/brazil-sugar-exports-trends-shaping-the-future-market-d5eed3970182

[plglobal]

The global trade landscape is constantly evolving. This guide delves into the hottest trends shaping import and export, from the rise of e-commerce platforms to the impact of automation on supply chains. We'll explore how these trends affect businesses and countries alike, providing insights into navigating the ever-changing world of international trade.

[turkafrica]

E-Commerce Trends in Turkey and Egypt: A Path to In Partnership Growth

The partnership between Egypt and Turkey in the field of e-commerce stands out as a beacon of innovation and growth in the constantly changing landscape of international trade. The dynamics of online business are changing as these two countries make greater use of digital technologies. This investigation explores the new e-commerce trends in Egypt and Turkey, emphasizing the opportunities for partnership expansion and the role TurkAfrica Market plays in promoting cross-border cooperation.

[nimratkaur22-blog]

Understanding Cargo Diversion in International Trade: How Import Export Data Can Help

When the cargo has reached the initially desired destination, and for reasons such as oversight, cancellation, wrong grades or wrong consignee, the exporter must move the shipment to a new location, there are certain aspects that need to be taken into consideration.

The first step is to understand the present status of the shipment through import export data and provide accurate instructions to the carrier.

If the goods need to be diverted to another country, then the legal processes and documentation must be understood and followed thoroughly. In case it is within the same country, then appropriate steps must be taken to process the transportation. The formalities and procedures for diverting goods are not constant and vary depending on the shipment, location, and carrier, but the overall process is the same.

Typically, every time a shipment is transported to the destination, the carrier informs the destination port of the details of the goods and prior to arrival, files an Import General Manifest with the local government authorities. For diverting goods to a new destination, this is also a factor to be considered. If the filing with IGM has not happened yet, then the process of redirection is relatively easy compared to the alternative.

There are four situations for diversion of export goods from one destination to another:

Before the shipment has set sail from the port:

After completing the export customs formalities, the cargo is handed over to the carrier. Prior to the vessel leaving the port the exporter can choose to change the destination of shipment. This can be done in conjecture with the shipping line through simple documentation and legal procedures. In comparison with other situations of diversion, this is the easiest one because the change is processed prior to transportation.

At the transshipment port:

Another option to divert your goods to a new destination is at the transshipment port. In this case, if the shipping carrier provides services up to your new destination, then the process is simple with minimal risk. The carrier will have to inform the destination port of the change and initiate the transport. In case the communication has not been established, then the goods can be dropped off at the transshipment point and shipped via another vessel to the desired destination. In case the same carrier does not deliver to the new location, then a new carrier must be identified to transport the goods. Once the necessary formalities and documentation are complete, the existing carrier hands over the shipment either to the new vessel of the same company or an entirely new shipper with a revised set of documents.

Before filing the Import General Manifest (IGM):

If the shipment carrier has not filed the Import General Manifest (IGM) at the destination port, then the process of diverting goods to a new location is considerably easier for the exporter. Once a new carrier is identified or the same carrier has agreed to provide the service, the shipment can be redirected with the necessary paperwork and formalities done.

After filing Import General Manifest (IGM):

If the shipment carrier has filed Import General Manifest (IGM) at destination port, then the diversion process is a little more complex with multiple processes involved. The IGM has to be first amended with the customs authorities at the destination port and the procedures and documentation as per the new destination need to be completed. One important consideration here is the dwelling time. The process needs to be carried out as quickly as possible to reduce detention cost at the port prior to transporting it to the new location. After all the necessary documentation is complete, the goods are transported to the new destination port.

[arturbudzynski]

Mastering Logistics Management: A Comprehensive Guide to Streamlining Supply Chains and Boosting Efficiency

Logistics management refers to the process of planning, implementing, and controlling the flow of goods, services, and information from the point of origin to the point of consumption. It involves the coordination of various activities such as procurement, transportation, warehousing, inventory management, and customer service to ensure smooth and efficient operations. Logistics management plays…

[investoropia]

South Korea Retains Position in MSCI Emerging Markets Index, Addressing Market Accessibility Concerns

South Korea's position in the MSCI Emerging Markets Index has been confirmed, with the recent announcement stating that it will remain one of the 24 members of the MSCI Emerging index. This decision comes after MSCI highlighted market accessibility concerns and identified nine specific issues that South Korea still needs to address. Despite these challenges, South Korea's inclusion in the index emphasizes its significance within the emerging markets and provides valuable insights into the country's investment opportunities.

South Korea's ongoing efforts to attain developed-market status in MSCI's prestigious global index have encountered a delay. Following its annual review, MSCI Inc., the prominent index provider, has decided to maintain South Korea's position in its list of emerging markets. This decision, driven by concerns over market accessibility, presents an opportunity for South Korea to address these issues and further enhance its appeal to foreign investors. This article examines the significance of South Korea's inclusion in MSCI's developed-market list, the specific challenges faced, and the potential implications for investment opportunities.

Read More

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[emmawilliams12]

In our interconnected world, the exchange of goods and services across borders is crucial for shaping the global economy. Malaysia, a key player in international trade, contributes significantly. Analyzing Malaysia's trade data, including the Importers List and Export Data, provides valuable insights into economic trends, market dynamics, and the global economy's overall health. Explore the article "The Impact of Malaysia Trade Data on the Global Economy" to gain more knowledge.

[exim-pedia]

https://www.eximpedia.app/global-trade-data

Get International Trade Imports And Exports Data

Eximpedia provides data on international trade, including import and export data for countries around the world, as well as data on trade in specific sectors such as agriculture, textiles, food, and more. You can empower your exim business by using our services. For more details, you can contact our experts at +16075244100.

[seairexim]

The Surge of Mobile Exports from India in 2024

In recent years, India has emerged as a formidable player in the global electronics landscape, particularly in the realm of mobile exports. As of 2024, the Indian mobile export industry is witnessing significant growth, driven by favorable government policies, foreign direct investment, and a burgeoning domestic market. This article explores the current state of mobile export from India, the key players involved, and the implications for the global smartphone market.

Overview of Mobile Exports from India

The mobile export from India has seen a meteoric rise, with projections indicating that exports could exceed $12 billion in value by the end of 2024. This impressive growth can be attributed to several factors, including the government’s "Make in India" initiative and the Production Linked Incentive (PLI) scheme, both designed to bolster domestic manufacturing and attract international investments.

Growth Drivers

Several factors are propelling the growth of mobile exports in India:

1. Government Initiatives

The Indian government has introduced various programs to promote local manufacturing, such as tax breaks, subsidies, and the establishment of electronics manufacturing clusters. These initiatives aim to attract both domestic and foreign manufacturers to set up production facilities in India, which has proven effective in enhancing the mobile export sector.

2. Investment in Infrastructure

Investment in infrastructure has also played a critical role in boosting mobile exports. Improved logistics, reliable power supply, and streamlined regulatory processes make India an attractive destination for mobile manufacturers. This investment is crucial for facilitating large-scale production and ensuring timely exports.

3. Technological Advancements

The rapid advancement of technology has enabled Indian manufacturers to produce high-quality smartphones that meet global standards. Companies are increasingly investing in research and development to innovate and improve their product offerings, further enhancing their competitiveness in the international market.

4. Skilled Workforce

India’s vast pool of skilled labor is another significant factor driving mobile exports. The country boasts a workforce proficient in electronics manufacturing and engineering, enabling companies to maintain high production standards and innovate effectively. This skilled labor force is essential for both domestic and foreign companies seeking to enhance their manufacturing capabilities in India.

Key Mobile Exporters in India

Several major players dominate the mobile export landscape in India, Leading mobile exporter in India are:

1. Apple Inc.

Apple has been a trailblazer in the Indian mobile export sector, establishing manufacturing facilities through its contract manufacturers like Foxconn and Wistron. The production of iPhones in India has not only bolstered local employment but has also significantly contributed to India’s mobile export data.

2. Samsung Electronics

Samsung operates one of the largest smartphone manufacturing plants in Noida, where it produces a wide range of devices, from budget models to flagship smartphones. The company has ramped up its export operations, making it a critical player in the Indian mobile export market.

3. Xiaomi

Xiaomi has rapidly gained a significant market share in India, thanks to its affordable smartphones. The company has invested heavily in local manufacturing, exporting a considerable volume of devices to countries across Southeast Asia and Africa.

4. Vivo and Oppo

Both Vivo and Oppo, Chinese smartphone manufacturers, have established substantial production facilities in India. They focus on catering to the growing demand for mid-range smartphones, further enhancing India’s export capabilities.

5. Lava International

As a homegrown brand, Lava International has also made strides in mobile exports. The company primarily targets budget-conscious markets, exporting feature phones and affordable smartphones to various countries.

Analyzing Mobile Export Data

The mobile export data for 2024 indicates robust growth, with significant exports to key markets including:

1. North America

India has become an essential supplier of smartphones to North America, with Apple’s production in India catering to a large portion of the U.S. market. This trend is expected to continue as more brands establish manufacturing operations in India.

2. European Union

Countries in the EU, particularly Germany and the UK, have seen increased imports of Indian-manufactured smartphones. Samsung and Xiaomi lead this charge, exporting a diverse range of devices to meet consumer demand.

3. Southeast Asia

Indian smartphone manufacturers are tapping into the growing demand in Southeast Asian countries like Indonesia, Vietnam, and Thailand. Competitive pricing and quality have made Indian smartphones increasingly popular in these regions.

4. Middle East and Africa

The demand for affordable smartphones in the Middle East and Africa has surged, making these regions vital markets for Indian manufacturers. Brands like Lava and Xiaomi are successfully exporting budget-friendly smartphones, addressing the needs of price-sensitive consumers.

Understanding Mobile Phone HS Code

The Harmonized System (HS) code plays a crucial role in facilitating international trade. The mobile phone hs code is 8517.12, which covers smartphones capable of connecting to cellular networks. Accurate classification using the HS code is essential for mobile exporters in India to ensure compliance with customs regulations and to expedite the export process.

Conclusion

The mobile export landscape in India is poised for significant growth in 2024, with the country solidifying its position as a key player in the global smartphone market. Supported by government initiatives, foreign investments, and a skilled workforce, India is well-equipped to meet the growing demand for mobile devices worldwide.

As Indian manufacturers continue to innovate and expand their production capabilities, the outlook for mobile exports remains positive. By leveraging its strengths and addressing challenges, India can capitalize on its position in the global supply chain, ensuring sustainable growth and economic benefits for years to come. The future of mobile exports from India is bright, and the country is set to make its mark on the international stage. However if you need the list of smartphone exports by country, mobile phone HS code or global trade data connect with import and export data provider platforms like Seair Exim solutions.

Post By:

Seair Exim Solutions

Phone No.: 099900 20716

Address: B1/E3 Mohan Cooperative Industrial Estate Near Mohan Estate Metro Station Opposite Metro Pillar No:-336, NH-19, New Delhi, Delhi 110044

Also Read : A Comprehensive Guide to Garment Exports from India in 2024

[lucubratemagazine]

Digital Trade Transforms the Economy

Digital trade is the online exchange of digital information, such as data and electronic files. It is an important development for the international economy as it creates new business opportunities and promotes economic growth.

Lucubrate Magazine, January 20th, 2023 Digital trade is the online exchange of digital information, such as data and electronic files. It is an important development for the international economy as it creates new business opportunities and promotes economic growth. At the same time, digital trade creates new challenges for global governments as it increases cross-border interactions that can be…

[globaltradedataproviders]

Navigating the Seas of Commerce: Unraveling the Tapestry of Trade Statistics

In the intricate web of global commerce, trade statistics stand as the compass guiding nations through the tumultuous waters of economic exchange. From the balance of trade to import-export dynamics, these numbers encapsulate the heartbeat of international trade. In this exploration, we delve into the multifaceted world of trade statistics, deciphering their significance and unraveling the stories they tell.

I. The Pulse of Global Commerce: Understanding Trade Statistics

Trade statistics, often overlooked in casual economic discourse, serve as the vital signs of a nation's economic health. These figures encapsulate the value of goods and services exchanged between countries, offering a snapshot of economic activity on a global scale. The primary components of trade statistics include export and import data, trade balances, and trade deficits or surpluses.

II. The Yin and Yang of Trade Balances

One of the key aspects of trade statistics is the trade balance, the numerical representation of the difference between a nation's exports and imports. A positive balance, commonly known as a trade surplus, occurs when a country exports more than it imports. Conversely, a negative balance, or trade deficit, arises when imports surpass exports.

III. Factors Influencing Trade Balances

Trade balances are influenced by a myriad of factors, ranging from economic policies to geopolitical events. A nation with a strong currency may find its exports more expensive, potentially leading to a trade deficit. Conversely, a weaker currency may boost exports, resulting in a trade surplus. Other determinants include changes in consumer preferences, technological advancements, and global supply chain disruptions.

IV. The Dance of Import and Export Dynamics

Trade statistics further unveil the intricate dance between imports and exports, shedding light on the commodities and services that dominate a nation's economic landscape. Examining the composition of exports and imports provides valuable insights into a country's comparative advantage, highlighting areas of specialization and potential vulnerabilities.

V. Trade Statistics as Economic Indicators

Beyond their role as mere numerical records, trade statistics double as powerful economic indicators. Governments and policymakers use this data to assess the effectiveness of economic policies, identify emerging trends, and make informed decisions to foster economic growth. A sudden spike in exports may signify a flourishing industry, while a surge in imports might point towards increased domestic consumption.

VI. Challenges and Limitations

While trade statistics offer a wealth of information, they come with their fair share of challenges and limitations. Inaccurate reporting, currency fluctuations, and the shadow economy can distort the true picture of a nation's trade dynamics. Additionally, the rise of digital services and intangible goods presents a challenge in accurately measuring the value of traded assets.

Conclusion:

In the intricate tapestry of global commerce, trade statistics serve as the threads weaving together the stories of nations and economies. From trade balances to import-export dynamics, these numerical records offer invaluable insights into the ebb and flow of international trade. As we navigate the seas of commerce, understanding and interpreting trade statistics becomes paramount, enabling us to chart a course towards sustainable economic prosperity.