As the world’s fifth-largest economy and fastest-growing emerging market, India has made significant strides in foreign trade since the economic reforms of 1991. Before these reforms, India’s protectionist trade policies limited the growth of foreign trade. However, post-1991, India experienced a substantial shift in its foreign trade ecosystem, marked by notable changes in the composition of exports and imports.
This infographic provides an overview of major import and export items, key trading partners, and other critical indicators of India’s foreign trade.
Conclusion
India’s trade basket is diverse, reflecting its growing role in the global economy. A clear understanding of the composition of imports and exports offers valuable insights into economic trends and opportunities for growth.
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*This article is for informational purposes only. This is not investment advice.
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