Exports:
1. Goods and services sold for foreign currency.
2. Major exports of India are tea, ores and minerals, marine products, textiles etc.
3. Value of exports are more than the value of imports favourable balance of trade.
4. India exports goods to nearly 190 countries of the world.
Imports:
1. Goods and services bought from overseas producers.
2. Major imports are petroleum products, gold, telecom instruments.
3. Value of imports exceeds value of exports unfavourable balance of trade.
4. Imports we get from nearly 140 countries.
