Trade Trend Analysis in Europe 2019

Trade Trend Analysis in Europe 2019

On the basis of the export data of April, 2019, the top 6 European nations which had the highest demand for Indian engineering products are- Cyprus, Germany, U K, Italy, France and Belgium with their respective trade values are shown in Table 1.  trade trend analysis Cyprus being a surprise entry this month, thus top six nations have been considered instead of five.

As As demonstrated by the table above, only Cyprus and France exhibited the positive growth rate for exports of engineering products from India in April, 2019 when compared to April, 2018. The growth was monumental in case of Cyprus, approx. 37680.56% followed by France at 6.50%

Considering   the trend analysis   top 6 export destinations of India in Europe namely Cyprus, Germany, U K, Italy, France and Belgium, and then analyzing the top panels exported from India to these destinations for April, 2019, we observe that Iron and Steel, Products of Iron & Steel, Auto Components/Parts, Motor Vehicle/cars, Industrial machinery and Electric machinery are the most traded panels across all countries except Cyprus. In the case of Cyprus, the share of the Ships, Boats and Floating Structures was almost 100%.

The link for the website is: http://trade.ec.europa.eu/tradehelp/

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