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India Import and Export – Part I

India & ASEAN Trade Relations

The partnership between India and Association of South East Asian Nations (ASEAN) countries is a decade old. The ASEAN countries comprise of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. The best part being, trade between both India and ASEAN has been developing at a swift pace.

India reportedly is the sectoral dialogue partner of ASEAN since 1992. However, at the fifth ASEAN summit in Bangkok in 1995, India assumed the status of a full dialogue partner on popular demand. In fact India and ASEAN have been organizing summit level meetings on an annual basis since 2002.

In additions, Free Trade Agreement (FTA) was inked by India and ASEAN countries in August 2009 in Bangkok.

The Union Minister of Commerce and Industry, Mr Anand Sharma, signed the ASEAN-India Free Trade Agreement in Goods with ASEAN economic Ministers for common economic gains.

As per ASEAN-INDIA FTA, the ASEAN member countries and India will do away with at least 80 percent of import tariffs between 2013 and 2016, commencing from January 1, 2010.

Also, tariffs on sensitive products will be brought down by 5 per cent in 2016, while tariffs will remain as it is for around 489 items of sensitive products.

Trade

ASEAN is India’s 4th largest trading partner after the EU, US and China. Indo-ASEAN trade relations have been scaling up at a compounded annual growth rate of 27 percent since 2000. In 2007-08, the trade stood at US$38.37 billion. In the last financial year, it was over US$ 40 billion. By 2010 India and ASEAN plan to achieve an ambitious target of US$ 50 billion.

Singapore

India and Singapore enjoy good trade relations. Besides, the country is considered to be a getaway to ASEAN and china. The signing of the Comprehensive Economic Cooperation Agreement in 2005 has provided a fresh impetus to trade relations between the two nations. The Singapore companies to a greater extent have started engaging themselves in infrastructure and real estate projects in India and even have been looking forward to associate with logistics and communication sector, healthcare, education and training, retail and the automotive sectors.

They are also embarking onto developmental and planning projects like roads, ports, airports, power and telecom sector.

India’s major exports to Singapore

Crudes, Parts & Accessories Of Automatic Data Processing Machines, Automatic Data Processing Input And Output Units, Motor Spirit Refined Premium Leaded, Styrene, Automatic Data Processing Storage Units, Other Monolithic Integrated Circuits, P-Xylene, Monolithic Digital Integrated Circuits, Radio Transmission Apparatus with Reception Apparatus.

India’s major imports from Singapore

Non-Industrial Diamonds Worked, Topped Crudes, Motor Spirit Refined Premium Leaded, Aluminium Unwrought, Benzene, Articles Of Jewellery Of Other Precious Metal Whether Or not Plated Or Clad With Precious Metal, Other Medicaments Packed For Retail Sale, Parts Of Boring Or Sinking Machinery, Static Converters, Other Medical Surgical Dental Or Veterinary Instruments & Appliances

Malaysia

India-Malaysia trade relations have witnessed exponential growth since 1991. Malaysia’s largest trading partner is India, while Malaysia is India’s second largest trading partner in the Association of South East Asian Nations (ASEAN).

India’s major exports to Malaysia : Meat and meat preparations, sugar, rice (other than basmati), wheat, fresh vegetables and fruits, cotton yarn, RMG cotton and accessories, primary and semi-finished iron, made-ups, fabrics, machinery and instruments, electronic goods and metal manufactures.

India’s major Imports from Malaysia : Crude Petroleum, Palm Oil, Electronic & Electrical products, Chemicals & Chemical products and Petroleum products.

Myanmar

The bilateral trade between India and Myanmar is likely to clock $1 billion in 2009-10, up from $951 million in 2008-09.

India’s imports from Myanmar : While teak, timber, maize and pulses

India’s major exports to Myanmar: Steel, cement, fertiliser and pharmaceuticals

Indonesia

India and Indonesia are considered as Asia’s largest democracies. However, it is only after a gap of five years both the countries came together for trade relations. The last time both the countries entered into a trade relationship was in 1950s. Right through 2009, both countries got engaged in putting up numerous seminars, exhibitions, festivals and top visits to build bilateral relations.

In 2008-09 India exported goods worth US$ 1.82 billion to Indonesia.

India’s major exports to Indonesia - organic chemicals, mineral fuels and ships and boats.

India and Indonesia have entered into a memorandum of understanding (MoU) for collaboration in the field of agriculture and allied sectors.

Thailand

Mutual trade between the two countries clocked US$4.11 billion in 2007-08 as opposed to US$ 3.18 billion in 2006-07. In between April-December 2008-09 India exported goods worth US$ 1.44 billion to Thailand. The sectors in India that have seen Thai investment in the areas of hotel & tourism, food processing, trading and chemicals.

India- Thailand is targeting US$ 10 billion bilateral trade in 2010.

Vietnam

The bilateral trade between the two countries remains “modest”, with the trade balance being in India’s favour. Bilateral trade clocked US$ 1.77 billion in 2007-08 from US$ 1.14 billion in 2006-07. From April-December 2008-09, India’s exports to Vietnam was worth almost US$ 1.13 billion.

India’s major imports from Vietnam: Pepper, rubber, computer hardware and electronic products, cinnamon bark and spices, and garments and textile products.

The key areas where Indian exports could make an impact in the Vietnamese market include information technology (IT) and IT training, agro and food processing, railways, energy and alternate energy, veterinary manufacturing plant, tea processing machinery, textile machinery, and power transmission and generation.

Philippines

The trade between India and Philippines was worth US$ 823.69 million in 2007-08. During the period between April-December 2008-09, India exported goods worth US$574.22 million to Philippines. India’ major exports to Philippines: Frozen buffalo meat; rubber and articles thereof; oil seeds and olea etc.; vehicles; iron and steel; residues and waste from food industries; tobacco; pharmaceutical products.

India’s major imports from Philippines: Electrical and electronic machinery and equipment; iron and steel; machinery; vehicles; auto components, newsprint paper and paperboard; animal or vegetable fats and oils; organic chemicals.

Cambodia

In 2007-08, the trade between the two countries stood at US$56.32 billion in 2007-08.

IN April-December 2008-09, India exported goods worth US$ 35.94 million.

India’s major exports to Cambodia - pharmaceuticals, coffee, tea, spices and cotton

"Mekong River to Luang Prabang" Ashley_and_erik's photos about Luang Prabang, Lao Peoples Dem Rep

A TripAdvisor™ TripWow slideshow of a travel blog to Luang Prabang, Lao Peoples Dem Rep by TravelPod blogger Ashley_and_erik titled "Mekong River to Luang Prabang" Ashley_and_erik's travel blog entry: "After quite a bit of deliberation, we finally decided to take the 7 hour motor boat ride from Nong Khiau to Luang Prabang. We boarded the boat when told to, then waited about an hour before it actually left the shore - pretty standard in the parts of Laos that we have already visited. The boat was long and narrow, ten rows of two seats and an area at the back for luggage to be piled up high and out of the way. Our passengers included a group of about five Norwegians, a Korean girl and a couple from Melbourne - Aiden and Larry (Larrissa). I was particularly interested in the boat trip as it would give us a pretty good idea about the state of the rapids in this section of the Mekong river. The first few rapids were quite tame and it seemed like they would be easy to navigate. Ashley and I looked at each other after each rapid and exchanged nods or glances to indicate whether we thought that section was manageable. The scenery from the relative comfort of a motor boat was quite stunning. We passed familiar village scenes and Lao people out and about in their canoes, or up to their knees pulling in fishing lines, or young kids playing in the shallow waters by their local village. Our boat driver was excellent and it was immediately obvious he knew the river intimately. As we ...



http://www.youtube.com/watch?v=HR9Ir5c-fVQ&hl=en

Khao San alley 2009 （ถนนข้าวสาร）

Khaosan road is a short road in central Bangkok, Thailand. It is located in the Banglamphu neighborhood (Phra Nakhon district) about 1 km north from the Grand Palace with Wat Phra Kaew. It has developed over the years into probably the most profound worldwide example of a "backpackers' ghetto", with cheap accommodation compared to other areas of central Bangkok. The accommodation varies from 'mattress in a box' style hotels, to full Western-standard luxury. Many tourists use Khaosan road as their base for exploring the rest of Thailand as there are many direct coaches from the street to virtually all major tourist destinations in Thailand, from Chiang Mai in the North to Ko Pha Ngan in the South. Many visitors will also take advantage of the abundance of relatively cheap travel agents to arrange visas and transport to surrounding countries such as Vietnam, Cambodia, Laos and Malaysia. Crafts, paintings, clothes, pirate CDs, DVDs, fake educational diplomas, fake driver's licenses, food, second-hand books and many other useful backpacker items are among the common goods traded along the road. Khaosan road has in recent years also become popular among local people, especially artists and art students. The road hosts a number of pubs and bars, where people of many nationalities meet and discuss their travels. Khaosan and the streets nearby are also Bangkok's center of dancing, partying and splashing water during Thai New Year (Songkran festival) on April 13 to April 15. It is ...



http://www.youtube.com/watch?v=EGfKTa5ZD7g&hl=en

Gwapotel: Cheap and apple-pie accommodation

MANILA, Philippines--A visit to the Metropolitan Manila Development Authority's Gwapotel inn, the country's version of Japan's capsule hotels, a type of cheap accommodation. Video taken by INQUIRER.net multimedia reporter Erika Tapalla at the Port Area on February 14, 2008.



http://www.youtube.com/watch?v=rVItWwcJLf8&hl=en