Trade between Asia and the Middle East has grown significantly in recent years, with India emerging as the largest trading partner. The United Arab Emirates has become India's largest export destination and trading partner, surpassing the US and China. Major exports from India to the Middle East include agricultural products, electronics, and skilled labor. Cochin Sea in Kerala exports products like coconut, cashews, seafood and software, with major trading partners being the US, UAE and UK.
2. Asia – Middle East
• Trade between the Middle East and Asia looks set to grow,
reflecting a fundamental shift in the world’s trade axis
• Two regions that have been most vibrant for trade in recent years
are Asia and the Middle East, which have both enjoyed sustained
export growth despite the turbulence in the global economy since
2008
• The majority of the increase in Asia-Middle East trade in recent
years has been at the expense of the decline in trade flows to and
from Europe
• India has emerged as the largest trading partner, with volumes
reaching $135bn in 2012 compared with less than $10bn in 2004
• United Arab Emirates (UAE) has become the largest importer of
goods and services from India (taking over from the US), and by
2012, India’s exports to the UAE were $40bn compared to around
$35bn to the US in the same year.
3. India Trade …
• Of all countries in the region, the UAE has been
the largest export destination for India –
accounting for 59.0 per cent of the total exports
to the Middle East.
• Notably, in 2012, UAE emerged as the biggest
export market for India globally, surpassing the
US, China and Singapore.
• Saudi Arabia is the second biggest contributor,
with 9.3 per cent share in exports to the region.
4. India Trade….
• Middle East caters to around two-thirds of the total energy demand
of India, which is expected to rise further, thereby increasing the
region’s strategic importance to India.
• This has fostered signing of many energy security pacts between
India and countries like Iran, Kuwait, Iraq, Qatar and Saudi Arabia.
• India is seeking Middle Eastern companies to participate in its
infrastructure boom
• The Middle Eastern countries are heavily dependent on Indian
agricultural produce.
• Middle East was the second largest export market for electronic
hardware for India
• India can support the economic development of these oil-rich
nations by acting as a source of skilled manpower and labour
5. Indian Population
• A large Indian expatriate population lives in the Middle
East and has contributed to various productive
activities in the region, particularly in the GCC region.
• Notably, India accounts for more than 50 per cent of
the expatriate population of around 12.5 million in the
GCC region.
• The UAE and Saudi Arabia have the largest number of
Indians – Saudi Arabia (2.0 million Indians), UAE (1.75
million), Kuwait (0.64 million), Oman (0.58 million),
Qatar (0.50 million) and Bahrain (0.40 million).
6. SmartCity Kochi
• TECOM Investments is a subsidiary of Dubai
Holding. It focuses its activities on development
of properties for knowledge-intensive sectors
• TECOM Investments has also come up with the
SmartCity concept.
• SmartCity Kochi will provide infrastructure,
environment and support systems to promote
the growth of knowledge-based industry
companies. In addition, it will offer a host of
business support services as well as residential,
hospitality, retail and recreational facilities.
7. Exports from Kerala
• Major share of Kerala's trade is being conducted through the
port of Cochin.
• It is expected that the volume of export will be strengthened on
completion of Vallarpadam container terminal and Vizhinjam Port.
• Important export items from Kerala are pepper, cashew, coir
and coir products, tea, marine products and spice oils and
oleoresins.
• Software export is also gaining momentum in recent years.
• IT export from Kerala's Infopark continued to register robust
growth in 2013-14 with revenues rising 53 per cent year-on-year to
Rs 2,350 crore
• Kerala is one of the few states to have marketed its natural beauty
successfully to the leisure tourism sector.
8. Trade Analysis & Import Export Data of
Cochin Sea
• Cochin Sea exported 650,616 shipments valued at USD 6.84 Billion
• Shipments under
HS Code 0801 (Hts code: 0801 coconuts, brazil nuts and cashew nuts, fresh or
dried, whether or not shelled or peeled ) accounted for 14.5% of the exports by
value followed by shipments under
HS Code 0306 (HTS Code: 0306 Crustaceans, Live, Frsh, Chilled, Frzn Etc.;
Crustaceans, In Shell, Cookd By Stem Or Boilng Water; Flours, Meals, & Pellets Of
Crustaceans) and
HS Code 0307(Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried,
salted or in brine, aquatic invertebrates other than crustaceans and molluscs, live,
fresh, chilled, frozen, dried, salted or in brine, flours, meals and pellets of aquatic
invertebra ) which accounted for 10.2% and 7.2% of exports respectively.
• Majority of exports were destined to
United States which accounted for 16.6% of total exports from Cochin Sea
followed by
United Arab Emirates and
United Kingdom which accounted for 9.3% and 6.6% of exports respectively.
• During Jan 2013 to March 2015
9. Hts codes 0801, 0306, 0307
• HTS Code: 0306 Crustaceans, Live, Frsh, Chilled, Frzn Etc.; Crustaceans, In
Shell, Cookd By Stem Or Boilng Water; Flours, Meals, & Pellets Of
Crustaceans
• Hts code: 0801 coconuts, brazil nuts and cashew nuts, fresh or dried,
whether or not shelled or peeled
• HS 0307 : Molluscs, whether in shell or not, live, fresh, chilled,
frozen, dried, salted or in brine, aquatic invertebrates other than
crustaceans and molluscs, live, fresh, chilled, frozen, dried, salted or
in brine, flours, meals and pellets of aquatic invertebra
10. Imports
• During 200506 total import registered through Cochin
Port was 10967642 MT which is almost
constant compared to previous year.
• Petroleum products accounted for 84% of the total imports
through Kochi port during 200506 showing a decrease of
7.72% compared to previous year.
• A great jump in the growth rate of
news print import was registered with 766% increase
during 200506.
• Import of Iron, steel and machinery increased from
76278 tonnes during 2004 05 to 308468 tonnes in 2005-
06.
11. Analysis of Exports of handmade coir
products
• India exported handmade coir products worth USD
632,742 with total quantity of 511,110.
• Spain is the largest buyer of handmade coir products
accounting for exports worth USD 137,832 followed by
• Germany and United Arab Emirates which imported
handmade coir products worth USD 116,350 and USD
76,059 respectively.
• Cochin Sea accounted for 100% of exports followed by
Tughlakabad which account for 0% of exports.
• Average price of handmade coir products per unit is USD 1.24
and average value per shipment is 3,402
• During Jan2013 to march 2015
12. Search for import and export
shipment data
• https://www.eximpulse.com/
• Http://www.zauba.com
• Useful Links
http://www.sialme.com/exhibiting
Dubai Exports
Dubai World