i think we must start from Indian trade of heavy items.
yes with sector wise share
micro economic policy to increase S.A exports potential micro economic policy to increase S.A exports potential micro economic policy to increase S.A exports potential micro economic policy to increase S.A exports potential micro economic policy to increase S.A exports potential micro economic policy to increase S.A exports potential micro economic policy to increase S.A exports potential
"http://wiki.answers.com/Q/India_has_to_go_a_long_way_in_diversification_of_exports_in_terms_of_heavy_manufactures"
Net exports, which are the difference between a country's exports and imports, play a significant role in calculating GDP. When net exports are positive, meaning exports exceed imports, they add to GDP and contribute to economic growth. Conversely, when net exports are negative, meaning imports exceed exports, they subtract from GDP and can hinder economic output. Overall, net exports impact the balance of trade and influence a country's economic performance within the global market.
To diversify exports means to expand the range of goods and services that a country sells to international markets, rather than relying heavily on a limited number of products or markets. This strategy helps to reduce economic vulnerability by spreading risk, as fluctuations in demand or prices for specific exports can have less impact on the overall economy. Diversification can also enhance competitiveness and foster innovation by encouraging the development of new industries. Ultimately, it aims to create a more resilient and balanced economic structure.
Exports
Grenada primarily exports to the United States, which is its largest trading partner. Other significant export destinations include Caricom member states, Canada, and the European Union. The country mainly exports agricultural products, such as nutmeg, cocoa, and spices, along with some manufactured goods. The diversification of its export markets is crucial for Grenada's economic stability and growth.
Haiti's major exports are light manufacturers and coffee. Some of their other exports are cocoa, mango, oils, sugar, sisal and bauxite.
Sierra Leone and Tanzania exhibit economic differences primarily due to their resource management and economic diversification. Sierra Leone's economy has been significantly affected by political instability and reliance on a narrow range of exports, particularly minerals like diamonds. In contrast, Tanzania has benefited from a more stable political environment and has diversified its economy through agriculture, tourism, and mining. This diversification has fostered more sustainable growth and resilience against external shocks in Tanzania compared to Sierra Leone.
Net exports, which represent the difference between a country's exports and imports, significantly impact economic growth. When net exports are positive, indicating that a country exports more than it imports, it can lead to increased production, job creation, and overall economic expansion. Conversely, negative net exports can signal a reliance on foreign goods, potentially hindering domestic growth and affecting the trade balance. Thus, changes in net exports can directly influence a nation's GDP and economic health.
The earliest and most important exports of the Carolinas was rice and indigo. These exports were very profitable for these states and their economic growth.
Lisbon only exports what the rest of the country produces, it is an economic center but it does not produce any exports on its own.
Bolivia's economy is benefiting from a combination of natural resources, such as natural gas and minerals, which are key exports. Additionally, government policies aimed at promoting social programs and infrastructure development are fostering economic growth. Increased investment in renewable energy and tourism is also contributing to economic diversification. These factors, along with rising international prices for commodities, are supporting Bolivia's economic stability and growth.