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Bangladesh's Booming Export Industry: Top Products and Destinations
Bangladesh has been making significant strides in the global export market, leveraging its vast export potential. The nation's export products are reaching new heights each year, driven by its dominant position in the garment industry. Bangladesh's low labor costs and affordable raw materials have made it a formidable competitor in the global market. This article delves into the top exports of Bangladesh, its main export destinations, and the leading companies driving this growth.
Bangladesh's Total Exports in 2023-24
In the 2023-24 fiscal year, Bangladesh was ranked as the 52nd largest exporter globally, according to the economic complexity index. The country stands out as the top exporter of textile scrap, jute yarn, textile fiber, and men's shirts. According to Bangladesh export data Bangladesh's total exports reached an all-time high of $361 billion, a significant increase from $62.2 billion in the previous year.
Major Exports of Bangladesh
Readymade Garments
The readymade garment (RMG) industry is Bangladesh's largest export sector, contributing approximately 46.74% of the country's total exports. Bangladesh has established itself as a global hub for RMG exports, with major markets in the US, UK, Germany, Italy, and France.
Jute and Jute Products
Accounting for about 13.6% of Bangladesh's total exports, jute, and jute products are among Bangladesh top export products. Known as the "golden fiber," jute products such as hessian cloth, canvas, sacking, and scrim are primarily exported to Pakistan, China, and India.
Footwear
Footwear is an emerging industry in Bangladesh, accounting for about 2.5% of total export earnings. The major export destinations for Bangladeshi footwear include the Netherlands, India, South Korea, France, and Spain.
Miscellaneous Textiles and Worn Clothing
Miscellaneous textiles and worn clothing contribute around 2.1% to Bangladesh's total exports. This category includes curtains, sacks and bags, tarpaulins, blankets, and rope, with major markets in the US, Europe, Japan, Australia, and Canada.
Headgear and Caps
Headgear and caps account for about 1.2% of Bangladesh's total export earnings. The primary markets for these products are the US, Germany, France, Poland, and Canada.
Paper Yarn and Woven Fabric
Paper yarn and woven fabric make up around 1.2% of Bangladesh's exports. These materials, used in artisan jewelry and other products, are mainly exported to China, India, Thailand, and South Korea.
Leather and Animal Gut Articles
Leather and animal gut articles represent about 1% of Bangladesh's total exports. This profitable industry benefits from low-cost raw materials and labor, with major export destinations including Germany, Poland, and Spain.
Fish, Shrimps, and Prawns
Fish, shrimps, and prawns contribute around 0.7% to Bangladesh's total exports. This sector is crucial for export income, with primary markets in the European Union, Japan, and the USA.
Feathers, Artificial Flowers, and Hair
These products make up about 0.4% of Bangladesh's total exports, with Germany, Sweden, and India being the main importers.
Aircraft and Spacecraft
Aircraft and spacecraft exports account for approximately 0.3% of Bangladesh's total exports. This category includes helicopters, airplanes, satellites, suborbital vehicles, and spacecraft launch vehicles, with significant exports to the Netherlands, UK, and Czechia.
Top Export Destinations
Bangladesh's top export destinations are:
USA: $970 billion
Germany: $708 billion
UK: $531 billion
Spain: $368 billion
France: $329 billion
Italy: $239 billion
Netherlands: $209 billion
India: $213 billion
Japan: $190 billion
Poland: $185 billion
Canada: $172 billion
Australia: $126 billion
These countries account for about 60% of Bangladesh's total exports.
Leading Export Companies in Bangladesh
Here is the list of top companies of exports of Bangladesh:
Kazi Farms Group (poultry)
Bangladesh Petroleum Corporation (oil products)
Beximco Pharma (pharmaceuticals)
Pragoti (automobiles)
KDS Group (garments, textiles, steel)
Petrobangla (oil, natural gas, minerals)
Walton (motorcycles)
ASM Chemical Industries (industrial chemicals)
Advanced Chemical Industries (pharmaceuticals, consumer brands, agribusiness)
Dragon Group (clothing, notably sweaters)
These companies are crucial in meeting the growing global demand for Bangladeshi goods.
Conclusion
To achieve high profits in export businesses, exporters need to understand global trade demands and connect with top buyers. This strategy will enable businesses to expand globally and play a significant role in the global economy. Platforms like Eximpedia.app provide valuable data, helping new and existing exporters stay informed about market trends, major exporters and importers, shipment values, and more. For personalized assistance, their team of experts is available 24/7. Connect with them now and set new records in your export business. Thank you for reading.
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Bangladesh mourns nearly 200 dead as protests continue
Protesters against a quota system for government jobs in Bangladesh on Friday resumed mass protests that earlier killed more than 200 people and are holding a nationwide “March for Justice,” ABC News reports.
More than 2,000 protesters gathered in parts of the capital Dhaka, some shouting “Down with the autocrat” and demanding justice for victims, while police circled around them.
Police clashed with dozens of students in Dhaka’s Uttara area, while security personnel fired tear gas and stun grenades to disperse stone-throwing demonstrators. It was the latest round of demonstrations against Bangladesh Prime Minister Sheikh Hasina, whose government has been rocked by student protests that have so far shown no signs of subsiding.
Analysts say what began as a peaceful demonstration by students against the quota system by which government jobs are allocated has turned into a bloody and unusual uprising against Hasina, whose 15-year rule over the country is now being tested as never before.
How it all started
Since violence erupted on July 15, the protests have turned into a major crisis for the 76-year-old Hasina, who in January retained power for a fourth consecutive term in an election boycotted by her main opponents, making the outcome virtually certain even before the votes were counted.
Authorities have switched off the internet and imposed a “shoot-to-kill” curfew to curb violent demonstrations. Schools and universities remain closed.
The deaths of demonstrators have shaken Bangladesh, with videos of violent clashes between security forces and students, with police firing bullets and tear gas shells, appearing on social media. In one incident, a six-year-old girl was shot dead while playing on a rooftop as her father tried to shield her from gunfire.
It all started when students, frustrated by the lack of good jobs, demanded the abolition of the quota system for government jobs, which they believe is discriminatory. Under this system, 30 per cent of the jobs were reserved for relatives of veterans who had fought in Bangladesh’s war of independence against Pakistan in 1971. They argued that this benefited supporters of Hasina, whose Awami League party led the independence movement, and demanded that the system be replaced by a merit-based system.
In response, the Supreme Court reduced the quota for veterans to 5 per cent. However, the anger and protests have not subsided. Experts say it reflects a much larger popular rage against the government, economic discontent and ultimately a revolt against Hasina herself, despite the comfort her development programme brings to the people. Michael Kugelman, director of the South Asia Institute at the Wilson Center in Washington, said:
“There have been plenty of protests during the Awami League’s regime over the last 15 years, but nothing as large, long, and violent as this one.”
Right place at the right time
This time, he says, there was a perfect storm: an unpopular quota system, a furious government response that turned deadly, contained anger against the state and growing economic stress on most citizens. According to Kugelman, the government’s oft-used tactic of quelling protests with force and some negotiation this time around has only “fanned the protests, not extinguished them.”
The clamour has also highlighted the extent of economic discontent in Bangladesh, once lauded for its successful growth. Like other countries, it suffered after a pandemic and war in Ukraine drove up commodity prices. Today, exports have plummeted, foreign exchange reserves are drying up, as are remittances. The slowing economy has highlighted the lack of quality jobs for young graduates, who are increasingly flocking to government jobs that are more stable and lucrative.
For many students, this was the reason they took to the streets, but the government’s violent response kept them there, even when the quota system was scaled back. Student, teacher and civil society groups say they are now fighting for justice for those killed, while Hasina’s political opponents are demanding her resignation.
Mohammad Rakib Uddin, an 18-year-old college student, was protesting along with hundreds of others when bullets pierced his thigh. Uddin said he was wearing his college uniform and survived after friends took him to hospital. He also added:
“They have brutally and inhumanely attacked us. We are general students — we don’t have weapons, bombs or even a stick in our hands. We were protesting by just holding flags. Many who were with me might have died as they were shot at their waists and heads. By the grace of the Almighty, I am alive.”
However, the government said opposition activists and their armed cohorts joined the students to attack security personnel and government offices.
The turmoil continues
The violence has mostly subsided and normalcy is slowly returning to the country. Curfews have been relaxed, internet has been restored, and banks and offices have opened their doors. But there is still turmoil around Hasina, prompting international outcry from the UN and the US.
Her critics say the past few weeks of violent unrest are the result of her authoritarian nature and lust for control, no matter the cost. For years, her political opponents have accused her of anti-democratic behaviour, with her government jailing thousands of them. International human rights groups accused her of using security forces and courts to suppress dissent and opposition, which the government denied.
Still, Hasina has resorted to accusing the two main opposition parties that backed the students of inciting violence. On Thursday, her government banned one of them, “Jamaat-e-Islami” its student wing and other associated organisations, a move that could escalate tensions again. However, Kugelman does not believe there is an immediate threat to her political survival. He noted:
“But she has incurred soaring reputational costs and faces unprecedented political vulnerability. That could come back to haunt her if there are fresh waves of anti-government protests in the coming weeks or months.”
Read more HERE
#world news#news#world politics#bangladesh#bangladesh protests#bangladesh news#bangladesh violence#quota reform#quota movement#march for justice
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Achieving Success Through Supply Chain Management Training in Bangladesh
Bangladesh is a country of immense potential, but it has struggled to leverage that potential due to inadequate supply chain management training. As the world globalizes, supply chain management has become increasingly important for businesses in both developed and developing countries. For Bangladesh, this opens up opportunities to create jobs, increase exports and nurture economic growth.
But what does it take for Bangladesh to become a leader in the field of supply chain management? In this blog post, we will explore how training and education can help drive forward success in this area and help grow the economy of Bangladesh.
What is Supply Chain Management?
Supply chain management (SCM) is the process of planning, implementing, and controlling the operations of a company's supply chain. The main goal of SCM is to ensure that the company's products are delivered to customers in a timely and efficient manner.
SCM training can help Bangladesh-based companies improve their supply chains and achieve success. Through SCM training, companies can learn how to better plan and control their supply chains, which can lead to improved customer satisfaction and increased profits.
The Importance of Supply Chain Management Training
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is committed to ensuring that its members are able to access the best possible supply chain management training. In order to achieve this, the BGMEA has partnered with a number of leading international organizations to offer a range of courses which cover all aspects of supply chain management.
The BGMEA recognizes that an efficient and effective supply chain is essential to the success of the garment industry in Bangladesh. In order to keep up with the ever-changing requirements of the global market, it is essential that Bangladeshi manufacturers have access to the latest information and techniques. The courses offered by the BGMEA will ensure that members are able to stay ahead of the competition and continue to meet the demands of buyers.
The courses on offer include:
- An Introduction to Supply Chain Management
- Principles of Supply Chain Management
- Fundamentals of Purchasing and Procurement
- Supply Chain Management for Apparel Brands and Retailers
- Sourcing Strategies for Apparel Manufacturers
- Lean Manufacturing for Apparel factories
- Quality Control and Assurance in Apparel Production
Each course is designed to provide participants with the knowledge and skills they need to improve their operations and contribute to the success of their company. The courses are delivered by experienced instructors who are experts in their field, and who use a variety of teaching methods including lectures, case studies, group work, and individual tutorials.
The Current State of Supply Chain Management in Bangladesh
The current state of supply chain management in Bangladesh can be best described as fledgling. Despite the fact that the country has been making strides in recent years to improve its logistics infrastructure, the overall level of development is still relatively low. This is particularly true when compared to other countries in the region such as India and China.
However, it is important to note that there are some bright spots. In particular, the Bangladeshi government has been investing heavily in training programs for supply chain management. These programs are designed to help improve the skills of those working in the logistics industry and to raise awareness about best practices.
There is still a long way to go before Bangladesh can claim to have a world-class supply chain management system. However, with continued investment and commitment from both the public and private sectors, it is certainly possible that the country will be able to make significant progress in this area in the years to come.
The Benefits of Supply Chain Management Training in Bangladesh
The benefits of supply chain management training in Bangladesh are numerous. Perhaps most importantly, it helps to improve communication and coordination between different parts of the supply chain, which can lead to improved efficiencies and cost savings. In addition, supply chain management training can help to improve supplier relationships, as well as customer service and satisfaction levels.
In today's business environment, having a well-trained and efficient supply chain management team is critical to success. By investing in quality training for your team, you can ensure that your company is able to keep up with the competition and maintain a high level of customer satisfaction.
The Different Types of Supply Chain Management Training in Bangladesh
Supply chain management (SCM) is becoming increasingly important in today's globalized world, particularly for firms in the developing world. Bangladesh is no exception; training in SCM is necessary to keep up with the challenges of an ever-changing business landscape. This article will discuss the different types of SCM training available in Bangladesh, and how each of these courses can help organizations improve their performance.
1. Traditional supply chain management training: This type of training covers the basic concepts and methods of supply chain management. It is typically delivered in a classroom setting, and may include lectures, case studies, and group discussions.
2. Online supply chain management training: This type of training is delivered online, and can be self-paced or synchronous (taught in real-time with a live instructor). It may include videos, readings, quizzes, and simulations.
3. Supply chain management certification programs: These programs provide comprehensive training in supply chain management principles and practices. They often include an exam at the end, and successful completion can lead to professional certification.
4. On-the-job training: Many organizations offer on-the-job training programs for their employees. This type of training can be tailored to the specific needs of the organization, and allows employees to learn while they are working.
The Challenges of Implementing Supply Chain Management Training in Bangladesh
In Bangladesh, the challenges of implementing supply chain management training are many and varied. The first challenge is the lack of awareness of the importance of supply chain management among the general population. This is compounded by the fact that there is no formal education or training available in Bangladesh on this topic. As a result, there are few people who are knowledgeable about supply chain management and its potential benefits.
The second challenge is the lack of infrastructure and resources to support supply chain management training. In Bangladesh, most businesses operate on a small scale and do not have the necessary resources to invest in training their employees on supply chain management. Additionally, there is a lack of qualified trainers who are able to provide quality training on this topic.
The third challenge is the cultural barriers to implementing supply chain management training in Bangladesh. The culture in Bangladesh places a high value on personal relationships and networking. This can make it difficult to implement changes within an organization, such as introducing new processes or technologies related to supply chain management. Additionally, the hierarchical nature of Bangladeshi society can make it difficult to get buy-in from all levels of an organization for new initiatives.
Despite these challenges, there are also opportunities for successful implementation of supply chain management training in Bangladesh. One opportunity lies in the increasing globalization of business and trade. As more businesses operate internationally, they will need employees who are trained in international standards and practices related to supply chain management. Additionally, the growth of the Bangladesh economy provides opportunities
Tips for Successful Supply Chain Management Training
Having an effective supply chain management training program can be a great resource for any organization. It is essential to ensure that proper training is conducted in order to maximize efficiency and productivity. With the right guidance and resources, companies can build a successful supply chain management program that benefits the entire organization. Below we will discuss some tips for successful supply chain management training that can help you get started on the right track.
1. Define your goals: What do you hope to achieve through supply chain management training? Is it to improve your knowledge of the subject so that you can be more effective in your current role? Or are you looking to advance your career and move into a managerial position? Once you know what your goals are, you can tailor your training accordingly.
2. Do your research: There are many different types of supply chain management training programs out there. Before enrolling in one, do some research to make sure it's a good fit for you. Ask yourself what the program covers, how long it is, and whether it's offered online or in-person.
3. Consider your schedule: Supply chain management training can be intensive, so make sure you have the time to commit to it. If you're working full-time while taking classes, consider an online program that offers more flexibility.
4. Set aside time for study: In addition to attending classes, you'll need to set aside time for independent study. Make sure you're prepared to commit the necessary time to reading textbooks and other course materials, as well as completing assignments.
5. Stay organized: Supply chain management involves a lot of moving parts, so it's important to stay organized throughout your training. Keep track of deadlines and due dates, and create a system for organizing course materials so that you can easily find what you need when you need it.
How to Overcome the Challenges of Supply Chain Management Training in Bangladesh
In order to overcome the challenges of supply chain management training in Bangladesh, it is important to first understand the specific challenges that exist within the country. One of the biggest challenges is the lack of a centralized government body or institution that can provide cohesive and standardized training. This often results in a fragmented approach to training, with different organizations and companies using their own methods, which can make it difficult for employees to receive a consistent education.
Another challenge is the limited resources that are available for training. This includes both financial resources and skilled personnel. As a result, many supply chain management programs in Bangladesh are forced to operate on a shoestring budget, which can impact the quality of instruction and learning materials. In addition, there is often a shortage of qualified trainers, which can make it difficult to find someone with the necessary knowledge and experience to effectively teach employees.
Despite these challenges, there are also several opportunities that exist for those interested in pursuing supply chain management training in Bangladesh. One of the biggest advantages is the country's vast pool of potential workers. With over 160 million people living in Bangladesh, there is a large labor force that can be tapped into for supply chain management positions. In addition, Bangladesh has a rapidly growing economy and its manufacturing sector is expected to expand significantly in the coming years. This provides an opportunity for those with supply chain management training to find employment with companies that are looking to capitalize on this growth.
Overall, while there are some challenges associated with supply chain
Conclusion
In conclusion, supply chain management training in Bangladesh can help businesses achieve success. With proper training and resources, businesses can become more efficient and effective in their operations thus gaining a competitive edge over other companies. It is essential for organizations to invest in the right technology and personnel to ensure that they are well-prepared for the ever-evolving business environment. Ultimately, it is up to each business's leadership team to recognize the importance of having strong supply chain management processes and provide necessary support towards successful supply chain implementations.
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How to Start a Profitable Seeds Export Business from India: A Complete Guide
India, with its rich agricultural diversity and vast range of crop varieties, offers tremendous potential for starting a seeds export business. The seeds industry is one of the most economical means to boost agricultural production and is central to food production worldwide. By supplying quality seeds, a significant portion of productivity can be achieved at minimal costs, with 20–25% of productivity directly attributed to seed quality. In this guide, we’ll explore how you can launch and grow a successful seeds export business in India.
Why Start a Seeds Export Business?
Starting a seeds export from India can be a highly profitable venture. India’s seed industry requires relatively lower investment than traditional commercial crops while providing greater profitability. Furthermore, there is a high demand for Indian seeds, including oilseeds, pulses, and various other crops, in global markets. Some of the primary states for seed production include Andhra Pradesh, Gujarat, Karnataka, Maharashtra, Rajasthan, and Haryana.
Key Steps to Start Seeds Export Business in India
1. Conduct Market Research and Identify Scope
The first step in any export business is to conduct thorough market research. Identify which seeds are in high demand in international markets, understand the policies surrounding seed export, and gain insights into India’s export potential. Some of the most commonly exported seeds from India include sunflower, safflower, mustard, groundnut, sesame, tamarind, cotton, castor, cumin, and chia seeds. India exports $70 million worth of seeds annually, with a significant share going to countries like the United States, the Netherlands, the United Arab Emirates, and China.
2. Obtain Necessary Licenses and Documentation
To export seeds from India, you’ll need to obtain licenses and complete documentation as per the Indian government's regulations. This includes submitting an application to the EXIM Committee of the Department of Agriculture and Cooperation, which will then recommend it to the DGFT (Directorate General of Foreign Trade). Here are some essential documents you’ll need:
Form A
Identity proof (e.g., PAN card, Aadhaar)
Authorization from the company
Treasury Challan for Rs. 1,000
Location map of the business premises
Company registration certificate with Memorandum of Association (MOA)
Importer-Exporter Code (IEC)
3. Gather Key Statistics on Seeds Export from India
Staying informed about the latest data on India’s seed exports is crucial for competitive advantage. For instance, India exported $223.52 million worth of groundnuts in 2023, primarily to Southeast Asian countries like Indonesia, Vietnam, and the Philippines. Understanding these statistics allows you to identify which seeds have high export value and which countries are the main importers.
4. Major Export Destinations for Indian Seeds
India exports seeds to numerous countries across continents. Each type of seed has its leading destination markets. For example:
Oilseeds: United States, UAE, Netherlands, and Singapore.
Groundnuts: Indonesia, Vietnam, Malaysia, and Iran.
Sesame Seeds: Vietnam, South Korea, the United States, and Russia.
Sowing Seeds: United States, Mexico, UAE, and Bangladesh.
Knowing these primary destinations allows you to focus your efforts on high-demand countries and better strategize your export plans.
5. Identify Potential Seed Buyers
Finding reliable buyers is essential for success in the seeds export business. Participating in trade shows, buyer-seller gatherings, exhibitions, and B2B portals are excellent ways to connect with potential buyers. Some popular platforms like Seair Exim Solutions provide data-driven insights on potential buyers, helping you obtain key information like port names, country of origin, and shipment values.
6. Meet Market Entry and Export Requirements
Each country has its own regulatory requirements for imported seeds, so ensure your seeds comply with your target countries' pest risk analysis and other regulations. This might involve sampling, field trials, or other procedures to confirm seed quality and compliance. When setting prices, consider factors like freight and insurance costs to make your products competitively priced in international markets.
Major Indian Seed Exporters
Many companies in India are already thriving in the seeds export business, setting a benchmark for quality and reliability. Some of the leading seed exporters in India include SeedEXIM, HL Agro, Bombay Super Hybrid Seeds Limited, and Yuvaraju Agro Impex. These companies are known for their seed export expertise and can inspire new entrants.
Conclusion: Establishing Your Seed Export Business in India
Starting a seeds export business in India requires careful planning, in-depth market knowledge, and compliance with various regulations. However, by following this comprehensive guide, you can successfully navigate the complexities of the industry and build a profitable business. Take the time to conduct market research, identify key buyers, and ensure your products meet international standards.
India’s potential for seeds export is vast, with opportunities for new businesses to expand and thrive. By understanding the market and securing the necessary licenses, you can position yourself for success in this lucrative industry.
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How Is Maize Export from India Shaping Global Markets?
What Is Maize Export from India?
Maize export from India refers to the international trade of maize, or corn, grown in India and supplied to various countries around the world. As a staple crop, maize is widely used in food products, animal feed, and industrial applications, making it a highly demanded commodity. Over the past decade, maize exporters from India have gained significant prominence in the global agricultural trade due to the quality, competitive pricing, and increasing demand for Indian maize. In this article, we will explore the role of maize export from India in global markets, examine maize export data, and understand how India compares with other maize exporting countries.
Why Is Maize Export from India Growing?
Maize export from India has been growing rapidly, driven by several key factors:
Rising Global Demand for Maize: Maize is one of the most versatile crops, used for food, livestock feed, and even biofuel production. The rising demand for maize worldwide has opened up new opportunities for India to become a significant supplier in global markets.
Favorable Climatic Conditions in India: India’s climate is well-suited for maize cultivation, especially in states like Karnataka, Bihar, Maharashtra, and Andhra Pradesh, allowing for large-scale production.
Competitive Pricing: Indian maize is competitively priced compared to other maize exporting countries, giving Indian maize exporters a strong foothold in international markets, particularly in regions like Southeast Asia, Africa, and the Middle East.
India’s growing role in the global maize market is supported by these factors, positioning the country as an important player in maize export.
What Does Maize Export Data from India Reveal?
Maize export data from India provides crucial insights into the scale and scope of the country’s maize trade. The data helps to highlight trends in export volumes, target markets, and economic contribution. Here are key observations from maize export data:
Export Volume and Value: India exports millions of tons of maize annually, with export volumes consistently rising due to increased demand from various countries. In recent years, maize exports from India have contributed significantly to the nation’s overall agricultural export revenue.
Top Export Destinations: According to maize export data, India’s main export destinations for maize include Vietnam, Malaysia, Indonesia, Bangladesh, and the Middle East. These countries rely on Indian maize for human consumption as well as animal feed.
Growth in New Markets: The data shows a gradual expansion into newer markets, particularly in African countries and regions where food security is a priority. This diversification is helping Indian maize exporters tap into emerging demand.
Maize export data underlines India’s role as a leading maize supplier in key international markets.
Who Are the Leading Maize Exporters from India?
Several prominent companies play a major role in India’s maize export sector. These maize exporters from India ensure that high-quality maize is produced, processed, and shipped to meet international standards. Some of the leading maize exporters from India include:
Adani Wilmar Ltd.: One of the largest agribusinesses in India, Adani Wilmar exports various agricultural products, including maize. The company is known for its extensive network and ability to meet global demand efficiently.
Olam Agro India Pvt. Ltd.: Olam is a global leader in agribusiness and food products, and its Indian subsidiary focuses on exporting maize and other grains to international markets, particularly in Southeast Asia and Africa.
Shree Sheela International: Specializing in exporting grains and cereals, including maize, Shree Sheela International is a significant player in India’s maize export industry. The company focuses on delivering high-quality maize to countries across Asia and Africa.
These maize exporters from India are instrumental in ensuring that the country’s maize reaches global markets, meeting both quantity and quality requirements.
How Does India Compare to Other Maize Exporting Countries?
India is one of the prominent maize exporting countries, but it faces competition from other major maize exporters globally. Here’s how India stacks up against the leading maize exporting countries:
United States: The U.S. is the largest maize exporter in the world, accounting for a significant share of global maize exports. The country benefits from advanced farming technologies and high yields, giving it an edge in terms of volume. However, India’s maize is often more competitively priced, making it attractive to price-sensitive markets.
Brazil: Brazil is another key player in the maize export market, with its high production capacity allowing it to supply maize to regions like Southeast Asia and Africa. Brazil competes directly with India in several markets.
Argentina: Argentina ranks among the top maize exporting countries, thanks to its large-scale production. Like Brazil, Argentina’s maize exports primarily serve the animal feed industry, making it a competitor to Indian maize in similar markets.
Although these countries dominate the maize export industry, India’s cost advantage and growing production capacity allow it to maintain a strong position in the global market.
What Are the Challenges Faced by Maize Exporters from India?
Despite the success of maize export from India, there are several challenges that maize exporters from India must address to remain competitive in the global market:
Price Fluctuations: Global maize prices are influenced by factors such as weather conditions, changes in demand, and geopolitical issues. Price volatility can affect the profitability of maize exporters and create uncertainties in trade.
Logistics and Infrastructure Issues: Efficient transportation and storage are essential for preserving the quality of maize during export. However, inadequate infrastructure, including cold storage and port facilities, can hinder the smooth export process.
Meeting International Standards: Exporters must ensure that their maize complies with the stringent safety and quality standards set by international markets. Factors like pesticide residues, moisture content, and non-GMO certification can impact export potential.
Addressing these challenges is essential for ensuring the continued growth of India maize export and maintaining a strong competitive position globally.
What Are the Opportunities for Growth in Maize Export from India?
Despite challenges, the maize export sector in India offers several growth opportunities that can further boost India’s position as a leading maize exporter:
Expansion into New Markets: While India already exports maize to key markets in Southeast Asia and the Middle East, there are opportunities to expand into new regions like Latin America and Europe, where demand for maize is growing. By diversifying its export markets, India can reduce reliance on specific regions and improve market stability.
Increased Demand for Organic Maize: With growing global demand for organic and non-GMO products, Indian maize exporters have an opportunity to tap into this niche market. By focusing on sustainable farming practices, Indian exporters can appeal to health-conscious consumers.
Value-Added Products: There is significant potential for maize exporters from India to venture into value-added products, such as maize flour, corn oil, and starch. These products have higher profit margins and are in demand in both developed and emerging markets.
By capitalizing on these growth opportunities, maize exporters from India can enhance their market share and improve profitability in global trade.
How Can Maize Exporters in India Stay Competitive?
To remain competitive in the global market, maize exporters from India must adopt several key strategies:
Investing in Technology: Implementing advanced farming and processing technologies can help improve maize yields and enhance product quality. Automation and precision farming techniques can also reduce production costs, making Indian maize more competitive in global markets.
Improving Infrastructure: Strengthening the export infrastructure, including logistics, storage, and transportation facilities, is crucial for ensuring timely and efficient delivery of maize shipments. Collaborating with the government to improve infrastructure can help address existing bottlenecks.
Focusing on Sustainability: With consumers and governments worldwide placing greater emphasis on sustainability, Indian maize exporters should prioritize environmentally friendly practices, such as using fewer chemical inputs and promoting organic farming.
These strategies will enable Indian maize exporters to stay competitive and thrive in an increasingly dynamic and challenging global market.
Conclusion: How Is Maize Export from India Shaping Global Markets?
Maize export from India is playing an increasingly important role in global agricultural trade. With rising demand for maize worldwide, Indian maize exporters are well-positioned to meet the needs of international markets. Maize export data highlights India’s growing presence in key regions such as Southeast Asia, Africa, and the Middle East. Despite challenges, such as price fluctuations and infrastructure issues, India continues to strengthen its position among top maize exporting countries by leveraging its competitive pricing and expanding market reach. With opportunities in organic maize and value-added products, the future of maize export from India looks promising, ensuring that the country remains a key player in the global maize market.
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Top Countries That Import Wheat
One of the most significant crops, wheat is essential to the world's food supply chain. On account of its widespread usage in producing essential food products like bread, pasta, and other basic food items, it is no surprise that its demand remains high worldwide. Many countries, especially those that have limited domestic production, rely heavily on imports to meet their food security needs. In this article, we will explore the top countries that import wheat and also highlight the key import statistics, and analyse market trends. If you're an exporter looking to export bulk wheat, then understanding these countries' market demands can play a significant role in your success.
Global Wheat Trade Overview
Frankly speaking, the international wheat market is vast and dynamic, and it is driven by a variety of factors such as population growth, economic development, changing dietary preferences, and climatic conditions.
In 2023, the market for wheat imports worldwide was estimated to be worth $55 billion. Not to add, a sizable portion of it came from the top importing nations. The Middle East, Asia, and Africa are the main importers of wheat. These nations either have inadequate local production or have unfavourable climates that make cultivation impractical.
1. Indonesia
Indonesia has emerged as one of the largest wheat importers in the world. It is no surprise that in 2022 the country imported approximately 11.5 million metric tons of wheat. This reflects its growing population and increasing dependence on wheat-based food products. Although Indonesia does not produce wheat domestically due to unsuitable climatic conditions. However, it remains a significant consumer, with a thriving noodle and bakery industry driving demand. The country's major suppliers include Australia, Ukraine, and Canada.
2. Egypt
Egypt consistently ranks among the world’s top wheat importers. In 2022, Egypt imported nearly 9.8 million metric tons of wheat, according to the USDA. Wheat is a crucial component of the Egyptian diet, particularly for bread, which is a staple food for much of the population. The Egyptian government also heavily subsidised bread, ensuring a steady demand for imported wheat. Historically, Egypt has sourced a significant portion of its wheat from Russia and Ukraine, but supply chain disruptions have led the country to diversify its suppliers, including turning to Romania, France, and the United States.
3. Turkey
Turkey is another key wheat importer, with imports reaching over 10.8 million metric tons in 2022. Despite being a major producer of wheat, Turkey imports substantial quantities for processing and re-exporting. The country boasts one of the largest wheat flour milling industries in the world, processing imported wheat to manufacture flour, which is then exported to neighbouring regions. Russia and Ukraine are primary wheat suppliers to Turkey, followed by Germany and Lithuania.
4. Nigeria
Nigeria is Africa’s largest wheat importer, with imports standing at approximately 6.6 million metric tons in 2022. The country’s growing population, coupled with increasing urbanisation and the rising popularity of bread and noodles, has led to greater demand for wheat. Local wheat production in Nigeria is minimal due to climatic limitations, which forces the country to rely heavily on imports, mainly from the United States, Canada, and Argentina.
5. Bangladesh
Bangladesh is among the top wheat importers in South Asia. In 2022, the country imported nearly 6.5 million metric tons of wheat. As a growing economy with a population exceeding 165 million, Bangladesh has experienced a sharp rise in wheat consumption, particularly in urban areas. Most of the imported wheat is used for producing bread, noodles, and biscuits. Russia and Ukraine have been primary suppliers, but due to geopolitical tensions, Bangladesh has been increasingly sourcing wheat from India, Canada, and Australia.
6. Pakistan
Although Pakistan is a wheat-producing country, it is also a significant importer due to supply-demand imbalances caused by domestic shortfalls. In 2022, Pakistan imported approximately 3 million metric tons of wheat, mainly to stabilise local markets and curb rising food inflation. Wheat imports are typically sourced from Russia, Ukraine, and Central Asian countries. The government also imports wheat to build reserves and ensure price stability during times of crisis or drought.
7. Philippines
In 2022, the Philippines brought in about 6.8 million metric tons of wheat from overseas. Like Indonesia, the nation does not cultivate wheat on its own, but consumption is nonetheless high, especially when it comes to making noodles and bakery goods. Canada, Australia, and the United States are the Philippines' main suppliers of wheat.
Market Trends and Insights
Several factors continue to shape the global wheat import landscape. Supply chain disruptions due to geopolitical issues, such as the conflict between Russia and Ukraine, have had a profound impact on wheat prices and availability. Both countries are major wheat exporters, and any disruption in their production or export routes reverberates across the global market. Many countries are now seeking to diversify their wheat import sources to reduce dependence on specific regions.
Furthermore, climate change is playing an increasing role in determining the reliability of wheat production worldwide. Exporters targeting countries with significant wheat import demands must stay informed about climate patterns, international trade policies, and consumer preferences.
Conclusion
Growing populations, shifting dietary preferences, and insufficient domestic production are the main causes of the dominance of countries such as Indonesia, Egypt, Turkey, and Nigeria in the world's wheat imports. In order to effectively penetrate these markets and export bulk wheat, exporters must have a thorough understanding of these countries' import requirements. It will be essential to monitor market developments and diversify supply chains in order to maintain stability and growth in this industry as the demand for wheat rises globally.
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Challenges and Opportunities for Leather Goods Manufacturers in India
India has long been a global leader in leather production and leather goods manufacturing, supplying high-quality products to international markets. The leather industry in India holds a significant place in the economy, providing employment to millions and contributing substantially to the nation's exports. However, this industry is also grappling with numerous challenges that range from increased competition to ethical sourcing and environmental regulations. At the same time, there are abundant opportunities that manufacturers can tap into by embracing innovation, focusing on sustainability, and expanding into new markets. In this article, we’ll explore the main challenges and opportunities for leather goods manufacturers in India.
Importance of Leather Goods Manufacturing in India
The leather industry in India plays a vital role in the country's economic landscape. With a growing presence in both domestic and international markets, India is a key player in leather goods exports. Cities like Kolkata have emerged as major manufacturing hubs, with several leather goods manufacturer in Kolkata making a name for themselves globally. The industry also supports an extensive supply chain, with numerous leather goods suppliers spread across the nation.
Challenges Faced by Leather Goods Manufacturers in India
While the leather industry in India holds great promise, it faces several challenges that impede growth. From global competition to rising costs and sustainability concerns, manufacturers are under pressure to adapt to changing market dynamics.
High Competition in the Global Market
India faces stiff competition from countries like China, Vietnam, and Bangladesh. Leather goods manufacturers in India need to constantly innovate to compete with these nations, which often offer lower-cost alternatives and faster production times. To stay competitive, Indian manufacturers must focus on superior quality, craftsmanship, and competitive pricing.
Environmental Concerns and Ethical Sourcing
In recent years, consumers have become more conscious of the ethical and environmental impact of the products they purchase. This has pushed many manufacturers to adopt practices that prioritize sustainability. The demand for ethically sourced leather goods is rising, and Indian manufacturers must comply with international standards to maintain their market position. Meeting stringent environmental regulations can be costly, but it's essential for long-term growth.
Fluctuating Raw Material Costs
Raw material prices, especially for leather, are prone to fluctuations due to various factors such as global demand, availability, and currency exchange rates. This unpredictability puts significant strain on manufacturers, making it difficult to maintain stable pricing. Both large-scale and small-scale leather goods manufacturer businesses are affected, and many struggle to absorb these costs without compromising on quality.
Skill Shortages and Labor Issues
One of the key challenges facing the industry is the shortage of skilled labor. While India has a rich history of leather craftsmanship, finding artisans with the expertise to meet modern demands is becoming increasingly difficult. Moreover, addressing labor rights and ensuring good working conditions are crucial for manufacturers who wish to maintain a positive reputation in international markets.
Lack of Advanced Technology and Innovation
The leather industry in India has traditionally relied on manual processes, but to remain competitive globally, manufacturers must embrace technological advancements. Modern machinery and automation can increase production efficiency and consistency while reducing costs. The integration of sustainable practices and eco-friendly production methods is also gaining traction among progressive leather goods manufacturers in India.
Opportunities for Growth
Despite these challenges, there are numerous opportunities for leather goods manufacturers to thrive in India’s dynamic marketplace. By focusing on product innovation, customization, and exploring new markets, manufacturers can turn challenges into opportunities.
Rising Demand for Custom Leather Products
One of the biggest opportunities for growth lies in the demand for custom leather goods. Many consumers today seek unique, personalized products, leading to increased demand for custom leather goods manufacturers. Offering customization options can set manufacturers apart from competitors and attract high-value customers.
Increasing Export Potential
India's leather goods industry has immense potential for export growth. Leather goods exporter companies are expanding their reach to new markets, including regions like the Middle East, Africa, and Latin America. The rise in demand for bulk exporters in fine leather goods opens up lucrative opportunities for manufacturers who can produce in large quantities while maintaining high standards of quality.
Opportunities for Innovation and Product Development
Innovation is key to maintaining relevance in the global market. Focusing on leather goods product development, such as eco-friendly leather alternatives or innovative designs, can help manufacturers appeal to environmentally conscious consumers.
Technological Advancements in Leather Manufacturing
Technology plays an increasingly important role in leather goods manufacturing. Automation and advanced production methods can streamline operations and reduce costs, while also improving product consistency. Moreover, eco-friendly innovations are paving the way for sustainable leather production, which is becoming a critical selling point in global markets.
Expansion Opportunities for Leather Goods Manufacturers in India
The expansion of e-commerce platforms and the growing popularity of online retail provide new avenues for leather goods manufacturers to reach a wider audience. Indian manufacturers, particularly those in Kolkata, have the potential to expand globally by capitalizing on this trend.
Growth in E-commerce and Online Retail
The rise of e-commerce platforms has significantly lowered entry barriers for manufacturers looking to sell their products globally. This trend provides leather goods manufacturer in Kolkata and other regions the opportunity to connect with a larger customer base and explore international markets.
Focus on Quality and Design
To thrive in today's market, manufacturers must place a strong emphasis on quality and unique design elements. In a market crowded with mass-produced goods, differentiation through design and craftsmanship can set manufacturers apart. Focusing on leather goods product development with an emphasis on innovation, design, and sustainability is essential for long-term success.
The Role of Leather Goods Manufacturers in Kolkata and Other Key Hubs
Kolkata, a prominent manufacturing hub for leather goods, plays a critical role in India's leather industry. The city is home to many leading leather goods manufacturers in Kolkata who contribute to both the domestic and export markets. With skilled artisans and well-established supply chains, Kolkata has become a key player in the global leather goods industry.
Export Potential for Indian Leather Goods
India's leather goods export market is poised for growth, with increasing demand from countries worldwide. Leather goods exporters in Kolkata and across India have the opportunity to expand into new markets, capitalizing on India's reputation for quality leather products.
Collaboration with Leather Goods Suppliers in India
Working with reliable leather goods suppliers is crucial for maintaining quality and meeting demand. Strong partnerships with leather goods suppliers in India can ensure that manufacturers have access to high-quality materials, helping them maintain their competitive edge.
Conclusion
The leather goods manufacturing industry in India faces significant challenges, but with these challenges come opportunities for growth and expansion. By focusing on innovation, sustainability, and maintaining high-quality standards, leather goods manufacturers in India can continue to thrive in the global market. As the industry evolves, there will be more opportunities for Indian manufacturers to expand their reach, improve their practices, and solidify their position as global leaders in leather goods production.
FAQs
What are the major challenges faced by leather goods manufacturers in India? The major challenges include global competition, fluctuating raw material costs, environmental and ethical concerns, and a shortage of skilled labor.
How is the Indian leather goods industry addressing environmental concerns? The industry is increasingly adopting sustainable practices and focusing on producing ethically sourced leather goods to meet environmental regulations and consumer demands.
What opportunities exist for leather goods manufacturers in India to expand? Opportunities include expanding into e-commerce, increasing exports, focusing on custom leather goods, and embracing technological advancements.
How does technology impact leather goods manufacturing in India? Technology enhances efficiency, reduces costs, and improves product consistency while supporting sustainable manufacturing practices.
What role does Kolkata play in India's leather goods industry? Kolkata is a significant hub for leather manufacturing, home to several leading leather goods manufacturers in Kolkata, contributing heavily to both domestic and export markets.
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What role do planetary gearboxes play in enhancing the smooth operation and reducing vibration and noise in mechanical systems?
Enhanced Efficiency Planetary gearboxes top in competence, ensuring minimal energy damage during control transmission. The configuration of manifold gears allocates the load across several gear teeth, reducing friction and ornamental general efficiency. This results in less energy waste and better recital. Planetary gearboxes play a vital part in ornamental the flat operation and reducing vibration and noise in mechanical systems through several mechanisms:
1. Multiple Points of Contact: typically have multiple gears engaged simultaneously, distributing the load across several contact points. This helps to minimize localized wear and tear, reducing the likelihood of vibration caused by uneven wear.
2. Uniform Load Distribution: The arrangement of gears in a planetary gearbox ensures that the load is distributed evenly among the gears. As a result, there are fewer pressure fluctuations within the gearbox, leading to smoother operation and reduced vibration.
3. Balanced Gear Design: Planetary gearboxes are designed with balanced gear configurations, which help to counteract any imbalances that may arise during operation. This balanced design minimizes the transmission of vibration throughout the system.
4. High Precision Machining: Modern manufacturing techniques allow for the precise machining of gear teeth, ensuring smooth engagement and minimal backlash. This precision helps to reduce vibration and noise by minimizing sudden impacts or discontinuities in motion.
5. Damping Properties: Some planetary gearboxes incorporate damping mechanisms, such as elastomeric couplings or vibration-absorbing materials, to further reduce vibration and noise transmission. These damping elements absorb and dissipate energy, smoothing out the motion of the gearbox components.
6. Isolation of External Vibrations: In certain applications, planetary gearboxes are mounted on resilient mounts or isolation pads to isolate them from external vibrations. This prevents vibrations from external sources, such as machinery or vehicle engines, from being transmitted through the gearbox and into the rest of the system.
Overall, the combination of load distribution, optimized gear geometry, effective lubrication, and damping mechanisms in planetary gearboxes helps to enhance smooth operation and minimize vibration and noise levels in mechanical systems, making them ideal for applications where quiet and reliable operation is essential.
The modular planning of the planetary gearboxes produced by the Kavitsu Gear Manufacturing is one of their main features. Because of their simple customization and flexibility to specific requests, they are suitable for a diversity of subdivisions. The safe proposals a variety of planetary gears with dissimilar relations and torque capacities, counting inline, right-angle, and multiple-stage versions. As an outcome, buyers may be sure to discovery a gearbox that meets their demands and conditions.
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Dairy Products Export from India: A Growing Global Competitor
India, known for its spices and vibrant culture, is quietly emerging as a major competitor in the global dairy industry. You might be amazed to find that India is the world's greatest milk producer, producing almost 230 million tonnes per year—more than the whole European Union combined! In this blog, we will have an overview of dairy products export from India, dairy products export data, major dairy products exporters in India, and more.
Is Dairy Products Export from India Profitable?
Dairy products export from India is definitely a profitable venture, as India is one of the major producers of milk and other dairy products at lower costs. The dairy industry provides direct employment to more than 80 million people in India. India’s native dairy products have a significant international market due to their health benefits.
The main requirements for dairy products exporters in India to run a dairy products export business profitably are to match the international quality standard, adopt relevant and efficient logistics, and reduce production costs to earn a high margin in the international market.
Dairy Products Export Data: 2023-24
In 2023-24, dairy products export from India stood at INR 2,260.94 crores ($272.65 million), with a total quantity exported of 63,738.47 metric tonnes. Ghee and butter contributed the highest share in dairy products export from India at 59.32%, followed by milk powder (27%) and cheese (11%).
As per dairy products export data, India’s shipments stood at 29.5k, exported by 2,509 Indian exporters to 3,204 international buyers. Despite being a major exporter of milk, India’s overall contribution to dairy products export is a mere 0.25% due to the high domestic consumption of most dairy products.
List of Dairy Products Export from India
Here is a list of major dairy products exports from India with HS Codes:
Fresh butter (HS Code-040510)
Butter oil (HS Code-04059010)
Buttermilk (HS Code-04059010)
Milk (HS Code-0401)
Ghee (HS Code-04059020)
Khoya (HS Code-0402)
Cheddar cheese (HS Code-04069021)
Cottage cheese (HS Code-04061000)
Skimmed milk powder (HS Code-04021010)
Yogurt (HS Code-04031000)
Top 10 Dairy Products Exporters in India
India is one of the prominent exporters of milk and other dairy products. Here is the list of the top dairy products exporters in India:
Anand Milk Union Limited (AMUL)
Mother Dairy Fruit and Vegetable Private Limited
Britannia Industries Limited
Everest Global
Jaguar Overseas Limited
Kejriwal Bee Care India Private Limited
Tetra Pak India Pvt Ltd
Rio Foods Global Venture
Bajaj Herbals Limited
Elite Green Pvt Ltd
Top 10 Dairy Products Exporting Countries
Here is the list of the largest exporters of dairy products in the world:
Germany 13.54 Billion
Netherlands 12.92 Billion
New Zealand 12.20 Billion
France 8.55 Billion
USA 6.66 Billion
Italy 6.13 Billion
Belgium 5.81 Billion
Ireland 4.35 Billion
Poland 3.80 Billion
Denmark 3.28 Billion
Top Export Destinations for India’s Dairy Products
The top countries that have a significant demand for Indian dairy products are:
United Arab Emirates
Bangladesh
United States of America
Saudi Arabia
Bhutan
United Arab Emirates (UAE): In 2023, dairy export from India to UAE was worth $92 million. It mainly imports dairy products such as eggs, honey, butter, and butter oil.
Bangladesh: Bangladesh is the largest importer of Indian milk powder. Apart from milk powder, dairy exports from India to Bangladesh include cream, cheese, and milk.
United States of America: As per dairy products export data, the value of dairy products export from India stood at $33 million, exported by 29,260 Indian dairy products exporters to 19,000 United States buyers.
Saudi Arabia: In 2023, Saudi Arabia imported dairy products worth $28 million. The main dairy products imported from India include eggs, honey, and cheese.
Bhutan: As per dairy products export data, in 2023, Bhutan imported $137 million worth of dairy products mainly from India. It is a big importer of whey and other milk products.
How to Find the Dairy Products Buyers List?
The most important step in the business of dairy products export from India is to find the relevant buyers. Eximpedia.app provides updated and real-time global trade data whether it is related to major exporters or buyers of dairy products. Dairy products exporters in India can directly contact the buyers in no time by using our dairy products export data, which includes the contact details of buyers.
Conclusion
The dairy products industry is an emerging market and growing steadily at a 7% CAGR. No doubt, India is focused on the production and exportation of products with the help of government initiatives and support. Dairy export from India is a profitable business if done with proper planning. Exporters in India can optimize their resources in the best way to increase the export value by exploring prominent and informative dairy products export data at Eximpedia.app.
For more insights into the export business in India, export from Russia, and Indonesia import data, visit Eximpedia.app. Eximpedia.app provides real-time data gathered from authorized sources by our team of experts. Please get in touch with us at any time and bring your business to new heights. To schedule a free live demo, connect with us by clicking here.
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#exports of Bangladesh#Bangladesh top export products#Bangladesh export data#main export of Bangladesh#Bangladesh biggest export
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India’s eastern coast braces for Cyclone Dana, tropical storm batters Philippines
With Tropical Cyclone Dana approaching, India is closing schools and airports on Thursday, while in the Philippines tens of thousands of people are fleeing their homes due to Tropical Storm Trami, Asian media reported.
India evacuates more than a million
More than one million people will be evacuated in the Indian state of Odisha, located off the coast of the Bay of Bengal, due to the approaching tropical Cyclone Dana․
Major airports will be closed overnight, including the key centre of Kolkata, where heavy rain is already drenching the sprawling metropolis.
The eye of the storm is forecast to make landfall early Friday near the coal-exporting port of Dhamara, about 230 kilometres (140 miles) southwest of the Kolkata metropolis.
It is also expected to affect neighbouring low-lying Bangladesh, where interim government chief Muhammad Yunus said “massive preparations” were underway.
The crashing waves are expected to inundate coastal areas, with water levels rising two metres (6.5 feet) above normal high tide levels. Odisha Health Minister Mukesh Mahaling said “about one million people from coastal areas are being evacuated to centres where the cyclone is passing through.”
Very heavy rains
In the neighbouring state of West Bengal, government minister Bankim Chandra Hazra said that “more than 100,000 people have already been shifted to safer places.”
Businesses in Puri, a popular beach resort, have been ordered to close and tourists to leave. Kolkata airport director Pravat Ranjan Beuria said the airport would suspend flights overnight Thursday due to “predicted strong winds and heavy to very heavy rainfall.”
The Bhubaneshwar city airport will do the same, while dozens of trains have been cancelled and ferries from Kolkata have been ordered to remain in port.
Authorities in the states of Odisha and West Bengal have also closed all educational institutions in areas that could be hit by the rampage and deployed a total of 56 teams of the national disaster response force. The Indian Coast Guard said it was on high alert and mobilised its vessels and aircraft.
Tropical Storm Trami wreaks havoc in the Philippines
Tropical Storm Trami has killed at least 26 people and forced more than 150,000 people in the Philippines to flee their homes.
Trami, known as Severe Tropical Storm Kristine, pounded the main island of Luzon with torrential rains, causing widespread flooding and landslides.
With maximum sustained winds of 59 mph, the storm was moving westwards across the mountainous northern Cordillera region towards the South China Sea, the state weather agency said in a weather bulletin issued at 11 a.m. (0300 GMT).
It warned of heavy and intense rain, flooding, landslides and storm surges in some northern provinces.
Officials said that in most cases over the past few days, people died because they drowned or were covered by landslides. All of these have occurred in the central Bicol region, including the city of Naga, where 14 deaths were reported on Thursday.
Trami struck the northeastern town of Divilacan in Isabela province. The city’s emergency management chief Ezikiel Chavez said there were no reports of fatalities. The Philippines typically records an average of 20 tropical storms a year, which often bring torrential rains, high winds and deadly landslides.
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Bansal Wire Industries IPO opens tomorrow: GMP, issue details, 10 key things to know before subscribing to the issue
Bansal Wire Industries IPO opens for subscription on tomorrow (Wednesday, July 3). In three main categories—high carbon steel wire, mild steel wire (low carbon steel wire), and stainless steel wire—the company and its subsidiary, Bansal Steel & Power Ltd, provide over 3000 SKUs (stock keeping units). The company offers about 2000 SKUs, while their subsidiary offers 1500 SKUs. Additionally, around 500 SKUs are shared between their company and its subsidiary.
Since its founding, the firm has marketed and sold its goods under the "BANSAL" brand, which enjoys a solid reputation as a reliable brand in the marketplace. In addition to helping to sustain sales momentum, the company's numerous efforts to promote its brands and goods have produced an outstanding customer retention ratio of more than 64% as of Fiscal 2024, Fiscal 2023, and Fiscal 2022.
The firm uses five production sites to produce its products. To meet the required production standards, these methods combine mechanised and human talents. With 14 international representatives, the firm exports its goods to a number of nations, including Bangladesh, Brazil, France, Germany, Israel, Italy, the Netherlands, South Korea, South Africa, Sri Lanka, Turkey, the United Kingdom, the United States of America, and Vietnam. In fiscal 2024, the company's export turnover was ₹283.94 crore, with over 70% of its total exports going to the US and European markets.
Between FY 2022 and FY 2024, the company's total income climbed at a compound annual growth rate (CAGR) of 5.86% to ₹2,470.89 crore. Their PAT climbed at a CAGR of 17.28% from ₹57.29 crore in fiscal 2022 to ₹78.8 crore in fiscal 2024, while the company's EBITDA expanded at a CAGR of 14.87% from ₹113.15 crore in fiscal 2022 to ₹149.31 crore in fiscal 2024.
Bansal Wire Industries IPO date: The issue opens for subscription on Wednesday, July 3, and closes on Friday, July 5.
Bansal Wire Industries IPO price band: Bansal Wire IPO price band has been fixed in the range of ₹243 to ₹256 per equity share of face value of ₹5.
Bansal Wire Industries IPO lot size: The issue's lot size is 58 equity shares and in multiples of 58 equity shares thereafter.
Anchor investors: The allocation to anchor investors for Bansal Wire IPO is scheduled to take place today (Tuesday, July 2).
Bansal Wire IPO details: The initial public offering of Bansal Wire Industries, worth ₹745 crore, is completely a fresh issue of 29,101,562 equity share; there is no offer for sale (OFS) component, according to Red Herring Prospectus (RHP).
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Best Quality Onion Exporter: Flavions
Global demand for Indian onions is rising quickly. India is the world's second-largest producer of onions. About 2182826.23 MT of onions are exported from India to various nations worldwide. To promote onion export, the government had offered 5% subsidy on exporting onion so that the excess produce can be sold out of India and the stability of Indian onion export price can be maintained within the country.
India exports onion highest to Malaysia as it is the main market for Indian onions. Malaysia is the biggest onion export partner of India since 2011. The other major onion export destinations of India are Sri Lanka, Indonesia, Saudi Arabia, Kuwait, Qatar, Germany, Bangladesh and United Kingdom.
Two growing cycles are used to cultivate onions: one runs from November to January, while the other runs from January to May. India's cuisine would not be complete without onions, which is why the number of leading onion exporters has increased. Onions could be considered the primary component responsible for the true flavor of Indian cuisine. The major onion varieties found in India are Agrifound Dark Red, Agrifound Light Red, NHRDF Red, Agrifound White, Agrifound Rose and Agrifound Red, Pusa Ratnar, Pusa Red, Pusa White Round.
Flavions India is Leading Merchant Exporter in Agro-Commodities & Packaged Food Products. We have a large global customer base (48+ clients worldwide) and are well-known for our unwavering quality standards and dedication to excellence in providing the best fresh fruits and vegetables, along with other agro-commodities.
We believe “Relations and Honesty brings Business” We stand 6 Pillars, Reliability, Humility, Excellence, Dependability, Unity, Commitment. You can trust us on the following ethics:
Integrity
Quality
Customer Service
Teamwork
Safety
Strategy
Renowned for its commitment to excellence, Flavions sources its onions from carefully selected farms known for superior cultivation practices. Each batch undergoes rigorous quality checks to ensure freshness, size consistency, and optimal taste.
With state-of-the-art packaging facilities and adherence to international standards, Flavions guarantees that every shipment maintains peak quality during transit and upon arrival.
Our dedicated team meticulously oversees every stage, from procurement to delivery, ensuring that our customers receive onions that meet and exceed their expectations. This commitment to quality has earned Flavions India a reputation as a trusted partner in the global onion market.
As Flavions, we are thrilled to extend our hand in partnership to bring you the finest quality onions from India. Our best quality onions are available throughout the year ensuring a smooth supply.
To get the best quality onion from flavions and build a lifelong partnership connect with us on: https://flavionsindia.com/enquire.php?id=128&name=Fresh%20Garwa%20Onion
FAQs related to onion export: Top onion producing states of india?
When it comes to export-quality onions, certain Indian states stand out as prime sources.
Maharashtra, Nashik
Gujarat
Karnataka
Madhya Pradesh Top quality onion of India?
Most of the types grown in India are of great quality. Flavions India exports the best quality Garwa Onions from Maharashtra. What are Flavions India certifications?
We hold the following certifications of, IEC, APEDA, FSSAI, FIEO. Can I sample order?
Yes, we welcome sample order to test and check quality. Further we also advise that before any placing order you should be ensure our product and quality. How can I get the price of a product?
You can get a free quote on our website. Visit: https://flavionsindia.com/contact.php
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Comprehensive Overview of Import and Export Data for Russia, Indonesia, Bangladesh, Liberia, and Uganda
Global trade is a complex and dynamic field, crucial to the economic health of nations. Import and export data provide valuable insights into market trends, economic health, and trade relationships. This article delves into the import and export data for Russia, Indonesia, Bangladesh, Liberia, and Uganda, along with an overview of key suppliers in these countries.
Russia Import Data and Suppliers
Russia Import Data
Russia import data diverse, encompassing machinery, pharmaceuticals, vehicles, and agricultural products. Key import partners include China, Germany, the United States, and Italy. The import data reveals a focus on high-value goods that support Russia's industrial and consumer sectors.
Russia Suppliers Data
Russia sources its imports from a range of international suppliers. Major suppliers Russia include:
China: Electronics, machinery, textiles.
Germany: Automotive parts, industrial machinery.
United States: Aerospace products, pharmaceuticals.
Italy: Fashion, luxury goods.
Indonesia Import Data and Suppliers
Indonesia Import Data
Indonesia, a rapidly growing economy, imports goods essential for its industrial base and consumer market. Key imports include machinery, chemicals, fuels, and foodstuffs. Major import partners are China, Japan, Singapore, and South Korea.
Indonesia Suppliers Data
Indonesia's primary suppliers are:
China: Electronics, machinery, textiles.
Japan: Automotive parts, electronics.
Singapore: Refined petroleum, chemicals.
South Korea: Electronics, steel products.
Bangladesh Import Data
Bangladesh, a developing nation with a burgeoning manufacturing sector, imports machinery, chemicals, food products, and raw materials for its textile industry. The Bangladesh main import partners are China, India, Singapore, and Japan. This import data highlights Bangladesh's reliance on these countries for industrial and consumer needs.
Liberia Import and Export Data
Liberia Import Data
Liberia's imports primarily include machinery, vehicles, fuel, and food products. Key import partners are China, India, South Korea, and the United States. The import data reflects the country's dependence on foreign goods for both industrial and everyday consumer needs.
Liberia Export Data
Liberia's exports are predominantly natural resources, including iron ore, rubber, timber, and gold. Liberia Major export destinations are the United States, China, Germany, and France. The export data underscores Liberia's role as a supplier of raw materials on the global stage.
Uganda Import Data and Suppliers
Uganda Import Data
Uganda imports a range of goods, including machinery, vehicles, petroleum products, and pharmaceuticals. Primary import partners are Kenya, China, India, and the United Arab Emirates. This data reveals Uganda's need for industrial goods and consumer products.
Uganda Suppliers Data
Key suppliers to Uganda include:
Kenya: Agricultural products, processed foods.
China: Machinery, electronics.
India: Pharmaceuticals, textiles.
United Arab Emirates: Petroleum products, machinery.
Conclusion
Understanding the import and export dynamics of these nations provides crucial insights into their economic landscapes and trade relationships. Russia and Indonesia focus heavily on industrial and consumer goods, while Bangladesh and Liberia rely on imports for manufacturing and exports of natural resources. Uganda's import data highlights its growing industrial needs and consumer market. Analyzing suppliers data from key countries further underscores the interconnectedness of global trade.
By studying this data, businesses, policymakers, and researchers can make informed decisions and strategies to navigate the complexities of international trade data.
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Cronus Biotech- Pharmaceutical Manufacturing Company
Cronus Biotech Ltd. is one of the fastest-growing pharmaceutical companies in India headquartered in Ahmedabad Gujarat. We have also started exporting to countries like Nepal, Philippines, Africa, Bangladesh, Bhutan, and Sri Lanka. With our own manufacturing plant and research & and development division. We manufacture in wide range of Pharmaceutical Tablets, Capsules, Body Care Products, Syrups, Dry Syrups, Cough Syrup, Drops, Injectables, etc. Our main motive is creating medical products keeping in mind customer requirements, efficiency, and reliability.
We specialize in Pharma PCD, Pharma Franchise, Third Party Manufacturing, Contract Manufacturing, Pharma Distributors, Ethical pharma, Medicine Distributors, Ethical Pharma co, Pharma propaganda companies, Contract Manufacturers, and PCD pharma companies. Our vision is Disease disease-free world, to offer affordable, safe, and effective healthcare solutions to society in the coming years.
Cronus Biotech boasts state-of-the-art manufacturing facilities equipped with cutting-edge technology and automated systems. We focus on good manufacturing Practices, maintaining sterile and controlled environments to prevent contamination and ensure the production of high-quality pharmaceuticals. We produce a diverse range of portfolios encompassing prescription drugs, over-the-counter medications, vaccines, and more. This expansive portfolio caters to various medical needs, addressing ailments ranging from common colds to life-threatening diseases.
We are committed to: • Making healthy and affordable products • Employ well-researched Modern Technology • Expertise in a Wide Range of Pharma-services • Strive for a free and healthy millennium • Availability of the medicines at affordable price • Best quality
As a pharmaceutical manufacturing company focuses on producing medicinal products, including prescription drugs, over-the-counter medications, vaccines, and other healthcare-related items. We invest significantly in R&D to discover and develop new drugs, improve existing formulations, and create novel delivery methods to enhance treatment efficacy and patient experience. We focus on quality control measures in place at every stage of manufacturing to ensure the products meet defined specifications and standards, minimizing risks and ensuring patient safety.
#Pharma PCD#-Pharma franchisee#-Third party manufacturing#Pharma distributors#-contract manufacturers#-Injectables#-Medicine distributor#Pharma propoganda company#pharmaceutical injectables#Contract manufacturing#Ethical pharma#Ethical Pharma co#pharma pcd#pcd pharma company#Pharmaceutical tablet#pharmaceutical capsule#syrup#cough syrup#pharma distributor
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