Indian Retail Sector

25 commodity with highest Import growth in India for FY 2016-17

India registered increased in import bill 2,490,298.08 crore rupees in 2015-16 to 2,577,421.65 in 2016-17. Top 25 commodity that saw unprecedented growth and ended up rise in import bill are listed here.

Import Export 2016-17
Import Export 2016-17

Cereals is on top of list with 635% growth in import. Cereals were followed by cotton which registered 94% growth. Aircraft , space craft also registered a 73% growth, It can be due to increased satellite launched by ISRO for different countries.

Other than these Zinc And Articles Thereof, Meat And Edible Meat Offal, sugars And Sugar Confectionery, Works Of Art Collectors’ Pieces And Antiques, Vegetable Plaiting Materials; Vegetable Products Not Elsewhere Specified Or Included, Works Of Art Collectors’ Pieces And Antiques, Residues And Waste From The Food Industries; Prepared Animal Fodder, Ships, Boats And Floating Structures, Ships, Boats And Floating Structures, Articles Of Stone, Plaster, Cement, Asbestos, Mica Or Similar Materials, Oil Seeds And Olea. Fruits; Misc. Grains, Seeds And Fruit; Industrial Or Medicinal Plants; Straw And Fodder are in list of 25 commodity that registered highest growth in FY 2016-17.

Important : All Figures are in Rs. Lacs

S.No. Commodity 2015-2016 %Share 2016-2017 %Share %Growth
1 Cereals. 122,541.25 0.0492 901,104.69 0.3496 635.35
2 Cotton. 390,765.08 0.1569 758,164.50 0.2942 94.02
3 Aircraft, Spacecraft, And Parts Thereof. 3,257,767.09 1.3082 5,644,531.08 2.19 73.26
4 Meat And Edible Meat Offal. 1,276.41 0.0005 2,098.81 0.0008 64.43
5 Sugars And Sugar Confectionery. 456,252.21 0.1832 741,867.45 0.2878 62.6
6 Zinc And Articles Thereof. 301,283.66 0.121 470,565.45 0.1826 56.19
7 Works Of Art Collectors’ Pieces And Antiques. 80,618.31 0.0324 115,125.65 0.0447 42.8
8 Vegetable Plaiting Materials; Vegetable Products Not Elsewhere Specified Or Included. 18,978.24 0.0076 25,367.06 0.0098 33.66
9 Residues And Waste From The Food Industries; Prepared Animal Foder. 249,998.59 0.1004 331,660.16 0.1287 32.66
10 Ships, Boats And Floating Structures. 2,971,658.12 1.1933 3,805,801.59 1.4766 28.07
11 Lead And Articles Thereof. 321,444.70 0.1291 400,656.01 0.1554 24.64
12 Beverages, Spirits And Vinegar. 366,706.30 0.1473 452,051.67 0.1754 23.27
13 Articles Of Stone, Plaster, Cement, Asbestos, Mica Or Similar Materials. 407,513.57 0.1636 496,502.16 0.1926 21.84
14 Oil Seeds And Olea. Fruits; Misc. Grains, Seeds And Fruit; Industrial Or Medicinal Plants; Straw And Fodder. 214,340.46 0.0861 255,436.31 0.0991 19.17
15 Live Trees And Other Plants; Bulbs; Roots And The Like; Cut Flowers And Ornamental Foliage. 11,440.01 0.0046 13,381.00 0.0052 16.97
16 Footwear, Gaiters And The Like; Parts Of Such Articles. 310,244.77 0.1246 359,297.91 0.1394 15.81
17 Miscellaneous Chemical Products. 2,720,739.47 1.0925 3,056,692.52 1.1859 12.35
18 Paper And Paperboard; Articles Of Paper Pulp, Of Paper Or Of Paperboard. 1,620,457.31 0.6507 1,816,294.41 0.7047 12.09
19 Headgear And Parts Thereof. 10,112.19 0.0041 11,306.94 0.0044 11.81
20 Glass And Glassware. 603,074.50 0.2422 673,937.07 0.2615 11.75
21 Other Base Metals; Cermets; Articles Thereof. 168,328.90 0.0676 187,599.95 0.0728 11.45
22 Miscellaneous Edible Preparations. 90,081.85 0.0362 100,071.88 0.0388 11.09
23 Cocoa And Cocoa Preparations. 139,890.92 0.0562 154,230.78 0.0598 10.25
24 Lac; Gums, Resins And Other Vegetable Saps And Extracts. 133,446.04 0.0536 146,654.54 0.0569 9.9
25 Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Image And Sound Recorders And Reproducers,And Parts. 23,558,683.02 9.4602 25,869,628.81 10.037 9.81

 

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