Uses & Benefits of India Export Import Data
Importing and exporting has a long history dating back to the Roman Empire when European and Asian traders traded goods across vast Eurasia. The Silk Road was a major trading route that flourished in the 13th and 14th centuries. Caravans carrying imports from China, India were transported over the desert to Constantinople or Alexandria. The goods were then transported to European ports by Italian ships. Intermediaries have been a part of Import export analysis India and exporting for centuries. It is partly due to the distances traveled and differences in native languages. The 1400s spice trade was no exception. Because Europeans didn't have refrigeration, spices were in high demand. It meant that they had to preserve meat with large quantities of salt or risk half-rotten flesh. The spice trade was born out of the European market for spices. It wasn't easy to find herbs because they were grown in jungles far from Europe. It wasn't easy and involved many intermediaries on the long overland journey in reaching the spice-rich lands. Each intermediary charged a fee, which raised the spice's price at each stop. The spice's price had risen 1,000 percent by the end of its journey. Exporting refers to the sale of products or services that were sourced from the home country. Importing is the reverse of exporting. Importing is the act of buying goods or services from overseas and then importing them back to your country. Global sourcing is another name for import.