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India Imports of Animal or Vegetable Fats, Oils and their Cleavage products rise to US$ 970.62 M in March- 2014
calendar15-04-2014 | linkIndia PRwire | Share This Post:

15/04/2014 (India PRwire) - InfodriveIndia.com, India's premier research company in export import data, announced today that India's Animal or Vegetable Fats, Oils and their Cleavage products imports in March- 2014 has grew to US$ 970.62 M, a increase of 26.79% compared to February 2014.

This finding is based on India Import Market data of Animal or Vegetable Fats, Oils and their Cleavage products of InfodriveIndia.com and is compiled from Imports bills of entry filed at Indian customs through March- 2014 at more than 170+ ports in India like JNPT, Bombay Air and Sea , Chennai Air & Sea , Delhi IGI Air, Delhi Tughlakhabad ICD, Delhi Patparganj, Kolkata Air and Sea, Bangalore Air and many more. InfodriveIndia.com India Animal or Vegetable Fats, Oils and their Cleavage products Import database is considered to be the most comprehensive, up-to-date and authentic information on India's foreign trade of Animal or Vegetable Fats, Oils and their Cleavage products.

According to Pradeep, Chief Research Associate of InfodriveIndia.com, compared to February 2014, a increase of USD 970.62 M in March- 2014 has been noticed. He further gives a analysis and break up of major product categories , major countries and major Indian ports under Animal or Vegetable Fats, Oils and their Cleavage products as follows :

A. Imports of Palm Oil and its Fractions has grew month on month basis by 32.3%.

Total value of imports in March- 2014 was 630.28 M, compared to February 2014 , there is a increase of 153.89 M in March- 2014, growth rate in percentage terms is 32.3%, the major destination countries were Indonesia and Malaysia and major Indian ports were Kandla, Calcutta Sea, Krishnapatanam, Kakinada and Mangalore Sea .

B. Imports of Sunflower Seed, Safflower or Cotton Seed Oil has grew month on month basis by 18.61%.

Total value of imports in March- 2014 was 157.88 M, compared to February 2014 , there is a increase of 24.77 M in March- 2014, growth rate in percentage terms is 18.61%, the major destination countries were Ukraine, argentina, Poland, Italy and Japan and major Indian ports were Madras Sea, Krishnapatanam, Kakinada, JNPT and Mangalore Sea .

C. Imports of Soya-Bean Oil and its Fractions has grew month on month basis by 29.5%.

Total value of imports in March- 2014 was 156.42 M, compared to February 2014 , there is a increase of 35.63 M in March- 2014, growth rate in percentage terms is 29.5%, the major destination countries were argentina, Brazil, Paraguay, Germany and United States and major Indian ports were Kandla, Calcutta Sea, JNPT, Mundra and Ahmedabad Air .

D. Imports of Coconut (Copra), Palm Kernel or Babassu Oil and Fractions has grew month on month basis by 2.76%.

Total value of imports in March- 2014 was 15.06 M, compared to February 2014 , there is a increase of 0.41 M in March- 2014, growth rate in percentage terms is 2.76%, the major destination countries were Indonesia, Malaysia and United States and major Indian ports were Kakinada, JNPT, Madras Sea and Madras Air.

Pradeep says that the above information is on major product categories, and users requiring detailed analysis and reports on their specific products can contact Sales team at InfodriveIndia.com with detailed description of their product, brand names and its uses.

According to Pradeep, usually InfodriveIndia.com team delivers most of the projects within 3 working days.

InfodriveIndia.com analysis and research is done from India import market data from customs statistics which is based on the Bills of Entry filed at various ports, InfodriveIndia reporters collect this data from every Indian port, and InfodriveIndia database yields the most timely, accurate, comprehensive information available on trade through India Ports. Recently after a long and persistent lobbying with Indian Govt, InfodriveIndia.com has been able to release India Import Statistics almost on realtime basis, bringing the backlog time to just 3 days, compared to Govt sources which are around 6 months old. Another unique feature of InfodriveIndia.com database is unparalleled coverage of 170+ ports in India.

Notes to Editor

Company Profile

InfodriveIndia.com is market leader and primary source of India export import market intelligence in India. The India Import Export data bank, which is at the core of InfodriveIndia.com trade information services is unique and has been categorized by Harmonized system in over 25,000 product codes. InfodriveIndia researchers provide expert data analysis and interpretation tools, Charts, Pivot reports in MS Excel and detailed item wise records to support decision-marking for International Trade, supply-chain management, competitive intelligence and brand protection.

World's top market research companies, Export promotion councils, trade associations, domestic and foreign governments, and over 16,000 corporates from more than 65 countries rely on InfodriveIndia.com for meaningful export import trade intelligence to guide their International business strategies.