Which product should you select for the Import Export business?

The business of import and export has a huge potential in India and across the world and people engaged in this business are earning handsome money throughout the year. The Import Export Course in Ahmedabad has given immense opportunities to the young entrepreneurs to start their own import export business which is why they are not only earning money but establishing their names in the international market. People in India are crazy about imported products which is the reason this business has a huge potential. With proper Export Import Training, you also can start this business with a small amount and establish yourself in this evergreen market.

Which product is best for export?

Many people in India are aware of this business and even want to start it but due to the very limited knowledge available on the internet and amongst people, they feel clueless. Also, the first question that comes to their mind is what is the best product to export ? Well, the answer to this is any product can be right for export provided it has a demand in the market you are selling and in order to find out the demand, thorough market research and study is required. This will give you a clear idea of what is hot in the international market and you can select a few such products and start your business.

Which product is most exported from India?

People in India export a lot of products after studying the international market. Also there are few seasonal products like fruits, woolen clothes etc which are exported only during a particular season so a lot of beginners ask themselves which product is best for import export. For the purpose of export, there are some products that are exported from India the most as they have higher demand in the international market. Out of those, 10 of most exported products from India are petroleum products, pearls/precious /semi precious stones, Drug formulations/biologicals, Gold and other precious metals jewellery, Iron and steel, organic chemicals, Cotton and accessories, motor vehicles/cars, Electric machinery and equipment and iron and Steel Products. USA, UAE, China and Hongkong are the top countries where Indian export products.

What is the best import export business?

The second question after how to import and export products that comes to everybody’s mind is what is the best import export business. There is nothing called the ‘best’ but any business from which you can earn handsome profit can be best for you. Out of so many options in the market, sourcing agent, import export agent, Direct importing, direct exporting, online exporting, selling craft online, Doorshopping, warehouse renting for importers and exporters, freight forwarding for importers and exporters and custom agent are considered as the best import export business. You can consider any one of the listed businesses to get started in this field.

How do I choose a product to export?

As discussed already, choosing a product to export is not an easy task and requires a thorough market study and research. A good product can also fail in the international market owing to the less demand or popularity whereas an average product can also work wonders if properly marketed and presented to the local markets in foreign countries. It all depends on your hard work, presentation and your skills to sell the product.Some of the factors you can consider while selecting the export products are below

• Select products that made in India
• The products must be unique
• Select the right country to export
• Study the growth prospects
• Analyse the competition
• Trade regulations