International Trade
CBSE · Class 12 · Geography
Complete topic list for International Trade in CBSE Class 12 Geography. Key concepts, sub-topics, and what to focus on for board exams.
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India's Foreign Trade - Growth and Trends
- India's external trade grew from Rs. 1,214 crore in 1950-51 to Rs. 77,19,796 crore in 2020-21
- Percentage growth calculation: [(77,19,796 - 1,214) / 1,214] × 100 = 635,507% growth
- Reasons for growth: manufacturing sector momentum, liberal government policies, market diversification
Composition of India's Exports
- Manufactured goods dominate exports: 67.8% in 2021-22 (decreased from 72.9% in 2015-16)
- Agriculture and allied products: 11.9% in 2021-22 (fluctuated around 12-14%)
- Crude petroleum products: 16.4% in 2021-22 (increased from 11.9% in 2015-16)
Composition of India's Imports
- Major shift from foodgrain imports (1950s-60s) to petroleum and industrial goods
- Green Revolution eliminated foodgrain imports after 1970s
- 1973 energy crisis increased petroleum imports significantly
Direction of India's Trade
- Asia and ASEAN: Largest trading region (Rs. 29,18,577 crore imports in 2021-22)
- Europe: Second largest (Rs. 6,40,577 crore imports in 2021-22)
- North America: Third largest (Rs. 3,78,041 crore imports in 2021-22)
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Sources & Official References
- NCERT Official — ncert.nic.in
- CBSE Academic — cbseacademic.nic.in
- CBSE Official — cbse.gov.in
- National Education Policy 2020 — education.gov.in
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