TREnds of import and export and trade balance.pptx

Assignment Delhi University
subject- Advanced spreadsheet skills for economic analysis

1. Trends of import and export and trade balance Srishti Verma & Gunnavi Sally

2. CONTENTS 2 Understanding Trade Balance Understanding Trade Balance Impact on Currency and Competitiveness Role of Trade Partners and Diversification Analysis of India’s Foreign Trade Export and Import Trends Consistent Trade Deficits and Trade Partners Main Trade Players and their Impact Summarized Analysis

3. UNDERSTANDING TRADE BALANCE UNDERSTANDING TRADE BALANCE IMPACT ON CURRENCY AND COMPETITVENESS ROLE OF TRADE PARTNERS AND DIVERSIFICATION

4. Understanding trade balance 4 What is Trade Balance? A country's trade balance, also referred to as commercial balance or net exports, is the difference between the monetary value of a nation's exports and imports over a certain time period. Impact on Indian Economy A trade surplus signifies economic independence, while a deficit can affect political autonomy and domestic industries. It has a direct impact on the competitiveness and growth of domestic industries, influencing employment and economic development

5. 5 IMPACT ON CURRENCY AND COMPETITEVENESS CURRENCY VALUE AND INFLATION: High import levels can affect domestic currency value and inflation, influencing economic stability INDUSTRY COMPETITIVENESS OF DOMESTIC COMPANIES: The trade balance highlights the need for domestic companies to compete with foreign counterparts STRATEGIES FOR BALANCING TRADE: Implementing policies to enhance export competitiveness and reduce import dependency.

6. ROLE OF TRADE PARTNERS AND DIVERSIFICATION Trade Balance helps identify top export and import partners Trade Balance Analysis enhances export competitiveness 6 Government Policy Interventions for a more stable trade balance

7. Analysis of India's foreign trade EXPORT AND IMPORT TRENDS CONSISTENT TRADE DEFICIT AND TRADE PARTNERS MAIN TRADE PLAYERS AND THEIR IMPACT SUMMARIZED ANALYSIS

8. EXPORT AND IMPORT TRENDS 8 • Increasing Export Trends • Import Growth • Impact on Economic Growth: The trends in export and import activities significantly influence India's economic growth trajectory, shaping its position in the global market.

9. CONSISTENT TRADE DEFICITS AND PARTNERS 9 • Consistent Trade Deficits: India experienced consistent trade deficits despite export and import growth, emphasizing the need for balanced trade. • Top Export Destinations and Import Sources: Identifying China, the USA, and the UAE as significant trade partners, highlighting the trade imbalance. • Strategic Trade Partnerships: Collaborative strategies with key trade partners are essential for addressing trade deficits and fostering mutually beneficial trade relationship

10. Main trade players and their impact USA CHINA These tokens have a specific use within a blockchain UAE Tokens backed by securities SAUDI ARABIA TOP EXPORT AND IMPORT DESTINATIONS: CHINA USA UAE Other significant partners: Germany, Switzerland, Hong Kong, Indonesia HONGKONG Used as in-game currency and traded with real world value IRAQ SINGAPORE GERMANY KOREA RUSSIA

11. Summarized analysis India experienced significant trade deficits with several top trading partners, including China P RP, the USA, and the United Arab Emirates. The highest trade deficit was observed with China P RP in 2014-2015, amounting to - 2,96,534.93 Rs Crore. India's foreign trade has shown growth and expansion in both exports and imports, indicating increased participation in global trade. The trade deficit indicates a reliance on imports to meet domestic demand, highlighting the need for efforts to boost export competitiveness. China P RP, the USA, and the United Arab Emirates have consistently been major trade partners, both in terms of exports and imports. There is potential for further diversification of export destinations and import. 11

12. THANK YOU Srishti Verma 2023/1314 Gunnavi Sally 2023/423 (BA Multidisciplinary Department)