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  • 17 June 2024
India Bilateral Trade

India’s Bilateral Trade with Neighbouring Countries and Market Outlook

India got a new regime and so the challenges in bilateral trade with neighbouring countries will also increase. Recently, leaders of Bangladesh, Sri Lanka, Nepal, Maldives, Seychelles, Bhutan and Mauritius attended the swearing-in ceremony of the new government. What is India’s trade with neighbouring nations? What will be the outlook of bilateral trade relations with these countries? Let’s try to understand by analysing crucial statistics.
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Global Trade

How De-Dollarization Affects the US Global Economic and Financial Hegemony?

World War second was a catastrophic event that affected the lives of millions of people and made the price of goods skyrocket due to disruption created in the supply chain. The US dollar was accepted as the mode for international trade and financial services to make the world better again with economic prosperity. As per the market trends, the total value of the international market is more than USD 105 trillion annually, and around USD 25-30 trillion worth of trade is controlled by US currency.
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India Trade

India Trade Performance: A Growth Trajectory for Export and Import Business

For a long time, the Indian domestic market has been flooded with foreign goods, destroying the local market with affordable prices and alternative goods. This vastness of the Indian market concretes the base for export and import opportunities. To consider this, the govt of India implemented several steps to boost exports from the country. However, the recent trends of India’s trade performance show a rise in imports compared to exports, creating a trade gap between exporters and importers. Let’s explore the reasons for fluctuating trade statistics.
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Global Trade Data

How China Overtake US to Become India’s Top Trading Partner in 2024?

Since COVID-19, the government of India has taken several steps to improve the domestic manufacturing of goods. To consider this, the govt has developed special economic zones, financial help, business-friendly rules and regulations, anti-dumping, and countervailing duties, etc. Despite these efforts, India’s reliance on Chinese goods has grown exponentially. The bilateral trade performance between India and China has outperformed the USA with which India enjoyed a trade surplus status.
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