Why Are These World's Top 30-40 Export Products, By 2021-24? Blog-7

#FutureExportVision #DrLadeVedkumar

By Dr. Lade Vedkumar.

Very magnificent export prospects are going to emerge in the below products. These are the average export value of 2020 and prospects by 2024.

Appliances for pipes:

Its export will increase from 51.3 billion dollars to 65.0 billion dollars.

Other office machines and equipment play a vital role in an office machine.

Other office machines:

Its export will increase from 50.4 billion dollars to 61.3 billion dollars.

Healthy eating involves preparing food to preserve nutrients and prevent disease.

Food preparations:

Its export will rise from 40.3 billion dollars to 66.3 billion dollars.

Apart from electrically connecting, it also gives mechanical support to the electrical components.

Printed circuits:

Its export will expand from 41.7 billion dollars to 61.3 billion dollars.

Primarily serves the purpose to ease the locomotion and prevent injuries.

Footwear:

Its sales abroad will increase from 39.9 billion dollars to 61.5 billion dollars.         

Parts of turbojet engine:

The international market will grow from 60.1 billion dollars to 66.8 billion dollars.

Benefits of tricycles are their accessibility, they provide so much more stability and safety. 

Tricycles:

The foreign market will grow from  45.9 billion dollars to 63 billion dollars.

Makeup is important to your long-term skin health as well as to your future beauty goals.

Beauty, make-up & skincare preparations:

Its overseas sales market will grow from 39.7 billion dollars to 66.2 billion dollars.

They are important for disease control and providing food and fibre for a growing world population.

Insecticides:

Its export will increase from 34 billion dollars to 52 billion dollars.

Important components required for the infrastructure development in any country are iron or steel. 

Articles of iron or steel:

Its international market will rise from 43.5 billion dollars to 54.7 billion dollars.

Important conclusion:

Best results can be found in a product having a larger absolute value-wise difference between exports and prospects. It will create space to earn additional export.

Such three products are food preparation, beauty products and footwear.

Important announcement:

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You can read part 1-3 of this blog.

As we always say.

The best prospects cannot be found in the export statistic for the last five years. Because yesterday has passed. Rather, the best prospects are hidden in the next five year statistics.

Note: All the values are in US dollars. Prices may vary as per the market demand and dollar value fluctuation. 2020's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years. Six digit HS code was used for the above research.

'Professionals work. Experts create results. Authorities predict the future. DECIDE which one you are going to follow'

Research sources:

1. World Trade Organization, Trade forecast.

2. World Bank WITS.

3. International Trade Centre.

Research access duration: December 2020.(second edition)

Important remark:

Most of the world market is recovering after post Covid-19 era.

© 2020-2024 Future export vision.

Other valuable editions:

Why Are These The World's Top 10 Exports, By 2021-24?

https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-exports-by.html

 

Why Are These The World's Top 10 Exporting Countries, By 2021-24?

https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-export.html

Why Are These The World"s Top 10 Importing Countries, By 2021-24?

https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-importing.html

Why Are These The World"s Top 15 Importing Sub-Region, By 2021-24?

https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-15-importing.html