India-Turkey Trade Performance | Out of 94 Product Categories, there are 20 product categories were exported to Turkey declined
India's Export to Turkey from Apr'21-Feb'22 record high of ?393 billion, up by 68.31% over the previous year.
India's top 5 partnering Countries are the United States, United Arab Emirates, China Bangladesh, and United Kingdom. Where Turkey was in 17th position in FY'20(Apr'19-Feb'20) and in FY'22(Apr'21-Feb'22), but 23rd position in FY'21(Apr'20-Feb'21).
In Feb'22 46.25% of exports to Turkey have gone from JNPT (17.42%), Mundra (7.78%), Kolkata Sea (7.33%), Hazira (7.27%), and Mumbai Sea (6.46%).
Export of Iron and steel, Boilers, Mach & Mech Appliances, Vehicles Parts, Organic Chemicals, and Man-Made Filaments these top five product categories contributed 61.83% in Feb'22.
Compared to FY21 in FY22 out of 94 Product Categories, there are 20 product categories were exported to Turkey declined (in terms of value), including the highest decline in Gems and Jewellery (5.59 billion declined), Cereals (3.50 bn), Chemicals (1.41 bn), and Miscellaneous Chemicals (1.35 bn), etc.
Where in FY'22(Apr'21-Feb'22) Iron and steel export increased highest by ?67.76 bn of 631%, ?Nickel Articles export increased by ?17.70 bn of 1744%, Man-Made Filaments export increased by ?12.87 bn of 100%, Mach & Mech Appliances export increased by ?11.15% bn of 39%
India's Imports from Turkey declined to ?129 billion, by 46.48% over the previous year.
Among India's Import partnering Countries Turkey is in 46th position, & 30th position in FY'22 & FY'21.
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In Feb'22 61.48% of imports from Turkey have came from JNPT (20.59%), Kandla (11.89%), Kolkata Sea (11.04%), & Chennai Sea (9.81%), and Mundra (8.51%).
Import of Mach & Mech Appliances, Beverages, Spirits & Vinegar, Optical & Surgical Instruments, Electrical Mach & Mech Appliances, Jems & Jewellery these top five product categories contributed 57.11% in Feb'22.
In FY'22(Apr'21-Feb'22) Petroleum Products import highest to ?20.76 bn but declined by 68%, Mach & Mech Appliances import declined to ?17.50 bn by 70%, ?Salt, Plastering Materials import increased to ?14.91 bn by 122%.
Iron and steel export increased highest by ?67.76 bn of 631%, ?Nickel Articles export increased by ?17.70 bn of 1744%
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