CBIC Publishes 2024 NTRS For Trade & Logistics Efficiency

Indian Global Trade Goods, Coastal Ports & Cities Explained

India is among the world's fastest-growing countries. It significantly helps to shape world commerce. Its import-export business is important for economic development, construction of jobs, and industrialization. This article presents India's principal export and import goods, trade partners, key ports and airports, and principal cities driving trade. It also discusses India's general influence on world commerce.

Map showing major export and import trade ports across India for international logistics operations

Major Export Commodities of India

India exports a diversified array of products in different sectors. Key export goods are

  • Refinery products (petroleum)
  • Jewellery and gems
  • Drugs and pharmaceuticals
  • Engineering products
  • Organic chemicals
  • Garments and textiles
  • Agricultural items (rice, tea, spices, marine products)

Almost USD 677 billion comprised India's overall imports in FY 2023–24. More than one-fourth of this value came from imports of crude oil.

India's Major Import Commodities

India's import basket comprises raw materials and finished products of diverse types. Principal imports are

  • Crude oil and petroleum products
  • Cotton and precious metals
  • Electrical and electronics machinery
  • Inorganic and organic chemicals
  • Coal, coke, and briquettes
  • Iron and steel

Total imports in India during FY 2023-24 aggregated about USD 677 billion, with crude oil exports worth more than 25% of the imports.

India's Major Trading Partners

India's principal export partners are

  • United States
  • United Arab Emirates
  • Netherlands
  • China
  • Bangladesh

Significant countries that export to India include

  • China
  • United Arab Emirates
  • United States
  • Saudi Arabia
  • Russia

Principal Sea Ports Facilitating India's International Trade

Thirteen important ports help to promote India's seaborne trade. Moreover, there are more than 200 small and medium-sized ports. Handling most of the commerce, the main seaports are:

  • Jawaharlal Nehru Port Trust (JNPT), Maharashtra—the largest container port in India.
  • Mundra Port, Gujarat – Large private port exporting containers, coal, and crude oil.
  • Kandla Port (Deendayal Port), Gujarat – Exports crude oil, fertilizers, and grains.
  • Chennai Port, Tamil Nadu – Transports automobiles, containers, and general cargo.
  • Visakhapatnam Port, Andhra Pradesh – Famous for coal and bulk cargo.
  • Kolkata Port (Syama Prasad Mookerjee Port), West Bengal – Eastern India's gateway.

Major Airports Facilitating India's International Trade

Air freight is of vital importance to high-value, low-weight commerce. Key foreign airports that are major contributors to Indian trade are:

  • Indira Gandhi International Airport, Delhi – Largest air freight terminal in India.
  • Chhatrapati Shivaji Maharaj International Airport, Mumbai – Key focus for pharmaceuticals and electronics exports.
  • Kempegowda International Airport, Bengaluru – Famous for IT hardware and perishables.
  • Rajiv Gandhi International Airport, Hyderabad – Processes pharmaceuticals and aerospace parts.
  • Chennai International Airport – Critical node for electronics and textile products.

Principal Cities that Contribute to India's Trade

Some Indian cities are trade hubs because they have an industrial economy, infrastructure, and connectivity. The principal cities are:

  • Mumbai – Trade and finance capital; confluence for gems, jewelry, oil, and textiles.
  • Delhi NCR – Large conurbation for electronics, apparel, and engineering goods.
  • Bengaluru – IT exports and electronics manufacturing.
  • Hyderabad – Large player in pharma exports.
  • Chennai – Automotive and textile export hub.
  • Ahmedabad – Textiles and chemicals.
  • Surat – Large textile and diamond export hub.

Impact of India on Global Trade

India is emerging as a focal point in world trade as a result of its effective trade policies and expanding manufacturing bases. Major impacts are:

  • IT services and pharmaceuticals export leadership.
  • Building up trade relationships through FTAs. Regional pacts such as CEPA.
  • Enhancing competitiveness in international supply chains.
  • Export basket diversification and new market explorations.

Collaborate with Sarvam Logistics to Gain Hassle-free Global Trade

India’s export-import ecosystem is a dynamic one, and exporters and importers need an experienced shipping partner. Sarvam Logistics provides a whole new dimension of freight forwarding, customs clearance, and warehousing to streamline and un-complicate your business. Having an efficient network across major ports, airports, and trade cities, we offer smooth cargo handling and on-time shipments, which enable you to grow globally with reliability.

References
  1. Ministry of Commerce & Industry, Government of India - https://commerce.gov.in
  2. Directorate General of Foreign Trade (DGFT) - https://dgft.gov.in
  3. Indian Ports Association - https://ipa.nic.in
  4. Airports Authority of India - https://aai.aero
  5. India Brand Equity Foundation (IBEF) - https://www.ibef.org
  6. Reserve Bank of India (RBI) - https://rbi.org.in
  7. International Trade Centre (ITC) - https://www.intracen.org
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