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TOP 10 LARGEST IMPORTERS IN THE WORLD

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ABSTRACT Every country in the world depends largely on foreign trade, i.e., imports and exports of products and services to and from itself to keep the health of the economy in good and happy condition. The trade happens in either of the three ways – roadways, waterways, and airways. For every mode of shipment, dedicated places are provided like collection points for trucks and cars, seaports for ships, and airports for airplanes. Almost every type of good ranging from perishable food items to the most sophisticated machinery is traded to and from different nations with ease. Due to the elimination of trade barriers and the coming up of global integration, countries around the world don’t have to starve for any particular item. The seamless trade of every product like apparel, automobile, eatables, crude oil, electric gadgets, etc. has made the lives of people easier. In past, there was a problem with keeping records about each and every transaction that happens but now due to
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BEST IMPORT EXPORT DATA PROVIDER COMPANY – TRADEIMEX

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  There are no two thoughts that TradeImeX is one of the best Import Export Data Providers in the overseas and international trading industry. TradeImeX is a team of highly exceptional and experienced people who aim to deliver the best-in-class databases to its customers. The USP of TradeImeX is its way of presenting and delivering its database to its clients. With this, we mean that our database could become your best friend in any aspect, ranging from accuracy and reliability to trustworthiness. Being the best Import Export Data Provider in this industry, we promise that our services would never disappoint you.   Unlike other sources, we don’t gather information from random sources or directories available online. To maintain the level of accuracy, we tend to gather data and information directly from the customs authorities of each country, followed by the government bodies, and other local institutions connected with overseas trade. To maintain momentum in this ever-changing wor
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TRADE AND TRADE IMBALANCES ARE DIRECTLY RELATED – GLOBAL TRADE DATA

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CURRENT GLOBAL TRADE DATA TRENDS AND FORECASTS As we all know Global Trade Data is the report or a database that is formed by noting and keeping a well-formulated record of all imports and exports that have been done in one financial or an annual period. With the help of Global Trade Data, a person can estimate the number of Imports and Exports made during a specific time frame. During the year 2021, the Global Trade Data and Import Export data remained very strong as its value kept on rising every quarter. Not only goods, but services also contributed equally to the growth of Global Trade Data for the same year. The value presented by Global Trade for the year 2021 was more by 25% than in 2020 and amounted to USD 28.54 trillion. While we are studying the database for the year 2021, then we would like to share that global trade of both products and services increased in a similar manner, i.e., both increase in the initial six months and then gradually decrease by every month
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INDIAN TOYS INDUSTRY - TRENDS, MARKET SIZE, GROWTH PROSPECTS, AND FORECAST

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INDIAN TOYS INDUSTRY – A SNEAK PEAK Indian toys industry, as per the statistics released by Import Export Data in the year 2021, accounted for USD 1.35 billion. By looking at the current statistics and prevailing future opportunities, it is estimated that the toys industry will reach USD 2.75 billion mark by 2027. The existence of toys began with the toys like whistles, toy monkeys, and carts. As time passed, and due to the advent of new technologies and innovations, toys also became more advanced and sophisticated. In the current scenario, the toys can be as big as a dinosaur and as small as an ant. During the initial years, India focused on importing goods from other nations like China to reduce the acquiring cost per product, and then sellers made huge profits. This also affected the Import Export Data of the country which was somewhat dominated by toys. This scenario has changed as of now and due to the start of the “Make in India” campaign, India is now manufacturing toys do
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