India Launches Enhanced Foreign Trade Data Dashboard
Commerce & Industry Minister of India, Smt. Nirmala Sitharaman, today launched a new enhanced Dashboard on Foreign Trade Data.
It is a part of the initiative of the Ministry to provide easy access to the public with regard to India’s export, import and balance of trade data in an analytical format, over time and space.
Speaking on the occasion, the minister said technology will be used for transparent decision making and reaching out to people using real time data.
She also said this Dashboard is an improved version of the earlier EXIM Analytics Dashboard developed with many added features. It is more user-friendly and would facilitate the general public to have an accurate picture on dynamics of foreign trade performance of India.
[ How to Use Digital Marketing for Business Growth ]
The new Dashboard gives a graphical collection of exports, imports and balance of trade of India. The parameters include export turnover of the country, exports performance over time and space, export destinations, exports items, and so on.
The new interface is broadly divided into Exports, Imports and Balance of Trade views. Each of these views provide the user with features to inspect the trade that happens between India and a particular country, zoom into the activities of a particular port and reflect trade pattern over any month of the user’s choice.
According to the government, the Dashboard would provide an enabling environment to importers and exporters to identify and access global trade opportunities based on reliable and updated information, directly accessible to the public through government sources.