Page 80 - ie2 August 2019

MARKETS

Table4: Share of India’s exports in Indonesia’s import basket ($ million) contd

Products Major players Imports in 2018 Share (%)
Pumps 1.China 382.38 29.82
2.Japan 287.09 22.39
3.USA 117.34 9.15
4.Thailand 89.47 6.98

5.Australia 68.70 5.36
10.India 20.73 1.62
Air condition and refrigeration machinery parts 1.China 1223.34 46.06
2.Thailand 393.22 14.80
3.Japan 243.43 9.16
4.USA 137.60 5.18

5.Malaysia 122.34 4.61
9.India 58.91 2.22
Machinery for ATMs, injecting moulding machinery, valves, etc 1.China 77.92 23.81
2.Japan 51.89 15.85
3.Australia 42.17 12.88
4.Singapore 24.84 7.59
5.USA 24.66 7.53
7.India 15.48 4.73

Two and three wheelers 1.Vietnam 21.09 25.55
2.Japan 15.66 18.96
3.Germany 15.30 18.54
4.Thailand 12.21 14.79
5.China 7.72 9.35
6.India 4.41 5.34

Source: www.trademap.org

Developing well-connected quality ports, hance air connectivity, and carry tourist documents and proper coordination be-
projects including Kaladan Multi-Mod- and business travellers, high-value fragile tween border authorities.
al Transit Transport and India-Myan- goods and perishable commodities in However, India’s exports shares to In-
mar-Thailand Trilateral Highway (ex- shorter time. donesia will be pale in comparison to
pected by the year 2019) are welcome Alongside, India must focus on en- China, if India is not able to climb up the
steps in this regard. couraging and adopting trade facilita- value chain. Thus technology upgrada-
ASEAN-India Air Connectivity Report tion measures like simplification and tion is the only way for India to buckle up
of ASEAN-India Centre at RISDC high- harmonisation of trade procedures, set- and move up the value chain.
lights the importance of ASEAN-India ting regional single windows for custom The technology intensity of India’s
Air Transport Agreement, which will en- clearance, recognition of custom transit engineering export portfolio has not

80 l INDIAN ENGINEERING EXPORTS l AUGUST 2019