current global vanesight

 The economic crisis in Sri Lanka and the conflict between Russia and Ukraine have increased the demand for tea in the Russian market . Russia begins importing Indian tea products to meet the demand, and as a result, Russia becomes to be a significant export market for Indian tea. There is a second factor for why Russia is preferring Indian tea over Kenyan tea , which is that Kenyan Tea is significantly more expensive than Indian Tea. As per the latest India Import Export Data , India has overcome the deficit in Russian tea imports during the past eight months, and the Indian tea export industry is booming and expanding its export by 5%. Russia prioritizes orthodox tea over other types of tea and buys the common type of CTC Tea.   As per the statement of Mr. Mohit Agarwal the director of Asian Tea Management, Currently, Russia is purchasing tea from South India which contains less price as compared to Assamese Tea. Consequently, the realization of unit price has decrease...

After the Russia-Ukraine War, Russia experiences a decline in bilateral commerce with every other trading partner on the planet. At that critical juncture, India overtakes China as Russia's top commercial partner and begins importing Russian goods and services. We anticipate that this trade bond will not change in the next year of 2023. According to the India Import export data , In the last three to four months, the value of all Russian imports into India has climbed. Oil, gas, and coal are the most popular Russian imports. India saw in the past three to four months that following the Russia-Ukraine war, Russian imports jumped by 100%. Both Russia and India are expected to continue to be key trading partners in 2023, and they will both make considerable profits from trade. Sufficient for now, if you want to know more about Indian trade then visit our official website Exim Trade Data.  Gather the most precise import export data .  

 Mobile phones, tobacco, processed foods, inventories, electronics, gold jewelry, and leather-based merchandise have boosted India's commerce exports to the next level during the first six months of this fiscal year when the global commerce industry is moving slowly. India Import Export Data shows that from April to September, Indian exports of telecom equipment increased by 88%, totaling over $5 billion. The market for gold and metallic jewelry in India has increased by 22.24%, totaling over $6.5 billion. Hong Kong, Thailand, Switzerland, and Singapore are the nations that exported such goods the most; they have now appeared as new global growth markets. As per the latest Import export data , In its prediction made public in October, the World Trade Organization estimated that after initially targeted at 3.4%, global trade growth will decelerate to 1% in 2023. Global uncertainties are to blame for this anticipated fall but India's exports of products rose 16.96% from $198.25 ...

 This Thursday, In a recent statement, the state minister "Swapan Debnath" said that the government of Bengal was exporting meat to other nations, including Qatar, which is hosting the Fifa World Cup . The animal resource development minister claimed that in addition to Qatar, the government of Bengal also exports meat to Kuwait, Hong Kong, and the Maldives. According to the India import-export data, For the sole purpose of exporting meat to other nations, the Indian government has already obtained the necessary permissions from the authorities for agriculture and processed food industries.  Debnath said that the department must encourage its "agents" to strike a deal with the companies in charge of the tournament's food supply. It's fantastic news that we've been contracted to export 1.2 metric tonnes of beef, which will be done in six batches this month. Sufficient for now, if want to know more about the Indian trade then visit our official website E...

 This Tuesday, The Indian federal government decided to suspend the stakeholding ban on edible oil and oilseeds for large merchants and wholesalers.  The Indian government imposed this policy in an attempt to prevent a massive fall in product prices. The Ministry of Food & Consumer Affairs ' stated that this order is put into effect instantly. Big Merchants and Wholesalers are now free to retain a stock of different edible oils, which was previously impossible due to the stock limits. This decision will benefit us by raising the prices for oil seeds, additionally, it will also benefit farmers who will get more money in return for their oil seed purchases. According to the India Import-export data , India is the biggest importer of Edible oils such as Palm oil, sunflower oil, soya oil, etc. By 55–60% of overall consumption, the nation is still lacking in fulfilling the demand for edible oils. In FY21, over 13.35 million tonnes of edible oil were imported. Enough for now, s...

The Indian government is in talks with small countries to start up bilateral trade using the Rupee account. Furthermore, the Indian government intends to internationalize the Indian payment systems. The sole purpose of taking this decision is to establish a new payment method in the global commerce market and put some stoppage in the US Dollar domination.  This is simply the first step, but it will soon take the place of the US Dollar as the accepted payment method throughout the globe.  According to the Exim Trade Data, small countries like Djibouti, Zimbabwe , Malawi , Ethiopia , Sudan, etc are included in the Bilateral trade with India.   Based on the latest India Import-export data , The National Payments Corporation of India (NPCI), the Reserve Bank of India (RBI), and the Indian Finance Ministry all remained silent on this matter. The president of (IEOT) Mr. Asif Iqbal said that “We are dealing with a group of smaller countries who may be interested in doing ...