Why Are These India's Top 10 Exports, By 2022-27?
June 2022.
By Dr. Lade Vedkumar.
Very impressive export prospects are going to expand in these products by 2027.
These are the average export values of 2022 and prospects by 2027.
Diamonds:
2022- 22 billion dollars,
2027- 37 billion dollars.
Jewellery:
2022- 9.2 billion dollars,
2027- 23 billion dollars.
Motor vehicles:
2022- 6.2 billion dollars,
2027- 12 billion dollars.
Medicaments:
2022- 13 billion dollars,
2027-21 billion dollars.
Rice:
2022- 6.8 billion dollars,
2027- 14 billion dollars.
Shrimps & prawns:
2022- 4.2 billion dollars,
2027- 8.4 billion dollars.
Mobile set:
2022- 3.1 billion dollars,
2027- 5.4 billion dollars.
Aluminium:
2022- 3.1 billion dollars,
2027- 5.6 billion dollars.
Parts & accessories of motor vehicles:
2022- 3.3 billion dollars,
2027- 5.7 billion dollars.
Insecticides:
2022- 2.4 billion dollars,
2027- 4.6 billion dollars.
Motorcycles, piston engine:
2022- 1.6 billion dollars,
2027- 3.9 billion dollars.
Important conclusion:
Best results can be found in products having larger absolute difference between 2022's exports and prospects by 2027. It will create the space to earn additional export.
Such three products are diamonds, jewelry and motor vehicles.
Note: All the values are in an US dollar. Prices may vary as per the market demand and dollar value fluctuation. 2022's average export value can be equivalent to or lower than export values recorded in other trade databases. 2022's value is the essence of the reliable reports and average value of last five years. Six digit HS code was used for the above outlook.
Email:
futureexportvision@gmail.com
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Research source:
1. World Trade Organization, Trade forecast.
2. World Bank WITS.
3. International Trade Centre.
Research access duration June 2022.
© 2022-27 Future Export Vision.
Other valuable links:
Amazon global selling guide:
https://sell.amazon.com/global-selling/guide
Cotton export markets?
India's Pharma Export?
Banana Export Outlook?
https://futureexportvision.blogspot.com/2021/08/why-is-india-losing-banana-exports-in.html
India's top diamond export?
https://futureexportvision.blogspot.com/2021/01/indias-top-10-diamond-export-region-and.html
https://www.linkedin.com/in/dr-vedkumar-lade-12a0b3b6
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