Top 10 hottest export products in B2B Ecommerce-Alibaba.com

Sameer Dhurat

• Alibaba.com is the most popular B2B website for cross border Import-Export Trade. Destination for manufactures, traders, dealers and distributor to promote their product in 190+ countries. The platform provides enormous business opportunities for SME's to expand their business globally.

• There’s no reason to fear the online customer experience any longer.

• Recommendation and Personalization engines provide users with content customized to their interests. You’re still getting to know your customers just like before. But with E-commerce technology, you’re able to immediately act upon that knowledge and offer your customer a new solution.

• Here are Top 10 hottest export products on Alibaba.com. In Alibaba.com there are 8 Lakh gold supplier members all over world. So we had taken sample of gold supplier members from Maharashtra.

1.Machinery

• The machine tool industry is key to the government’s flagship ‘Make in India’

and ‘Skill India’ initiatives, given that it makes the machines required for the

manufacturing sector. Machine tools are considered a strategic industry

segment. The Indian machine tool industry touched $1 billion in 2016.

• On Alibaba.com, Machinery includes packing machinery,chemical plants

machinery,food processing machinery,machinery, industrial supplies and tools

like Power Tools, Hand Tools, Garden Tools, Tools Packaging, Material

Handling Tools, Tool Sets, Lifting Tools,Food & Beverage Machinery

2. Chemicals

• Chemicals is one of the most diversified in the world, covering more than 70,000

commercial products.

• The chemicals industry is a key constituent of the Indian economy. India’s

proximity to the Middle East, the world’s source of petrochemicals feed stock,

makes for economies of scale.Polymers and agro-chemicals industries in India

present immense growth opportunities.

• Total production of the major chemicals including petrochemicals was 23.9

Million tons in 2015-16.Polymer demand is expected to grow by 8-10% with

healthy growth in industries such as clothing, automobiles etc.

3. Indian Apparel

• Indian sub-continent is the second largest manufacturer of garments

after China being the global leader in garment production. India is known for its

high quality garments for men and women. Most of the garment manufacturers are

in the Small and Medium scale industry.

• India's Garment Industry is well-organized enterprise and is among the best world.

It constitutes of designers, manufacturers, exporters, suppliers, stockists and

wholesalers.

• On Alibaba.com Apparel includes Plus Size Clothing, Dresses, Garment

Accessories, Ladies Blouse & Tops, T-Shirts, Pants & Trousers, Skirts, Ethnic

Clothing, Women's Clothing, Sportswear, Men's Clothing, Wedding & Apparel

Accessories.

4. Handicrafts

• Handicrafts are unique expressions and

represent a culture, tradition and heritage of a

country. The Handicraft Industry is one of the

important productive sector.

• The Importance of Handicrafts

• The Cultural Importance: Handicrafts play

very important role in representing the culture

and traditions of any country or region.

Handicrafts are a substantial medium to

preserve of rich traditional art, heritage and

culture, traditional skills and talents which are

associated with people’s lifestyle and history.

• The Economic Importance: Handicrafts are hugely important in terms of

economic development. They provide ample opportunities for employment even

with low capital investments and become a prominent medium for foreign

earnings.

• On Alibaba.com handicrafts includes commonly Home & Garden and Gifts &

Crafts in which Storage Baskets, Storage Holders & Racks, Sculptures, Folk

Crafts, Metal Crafts, Wood Crafts, Antique Imitation Crafts, Natural Crafts,

Pottery & Enamel and Carving Crafts

5. Gems and Jewelry

• India is a land of vibrant colours, a destination of myriad hues, designed to open

your eyes to new wonders. India has a long history of artefacts, with Indian

products finding a fan base across the globe. It is a known fact that Indian made

ornaments decorate some of the most popular spots in the world, with millions of

tourists coming down to India to get a first-hand taste of its splendour. Indian

jewelers are famous across the world, a trend which has been alive for centuries.

• On Alibaba.com Jewelry includes Timepieces, Jewelry, Eyewear in which Silver

Jewelry, Copper Alloy Jewelry, Zinc Alloy Jewelry, Gold Jewelry, Necklaces,

Stainless Steal Jewelry, Rings, Jewelry Sets.

6. Spices

• India Food Spices are used to lift up

the taste and flavors

of Indian delicacies. Spices like cinnamon,

cardamoms, whole garam masala, mint,

cilantro, etc are highly used for doing

wonders in the recipes. Indian

cooking and tasty Indian recipes are widely

imparted with these spices. They are not

just ingredients but in fact they have been

used for doing magics and creating the

charm, flavor and aroma in Indian food.

• Major importers of Indian spices in FY 2015-

16 were US, China, Vietnam, UAE,

Indonesia, Malaysia, UK, Sri Lanka, Saudi

Arabia, and Germany.

• India commands a formidable position in the world spice trade with the spice

exports expected to touch US$ 3 billion by 2016-17.

• On Alibaba.com spices includes pepper, cardamom, chilli, ginger, turmeric,

coriander, cinnamon,cumin, celery, fennel, fenugreek, ajwain, dill seed, garlic,

tamarind, clove, and nutmeg among others.

7. Agro

• India is mainly an agricultural country. Agriculture is the most important

occupation for most of the Indian families. In India, agriculture contributes about

16% of total GDP and 10% of total exports. Over 60 % of India’s land area is arable

making it the second largest country in terms of total arable land.

• Export-India exports excess food and agricultural products. A large proportion of

India’s export trade is based on the agricultural products, such as jute, tea, tobacco,

coffee, spices, and sugar. It helps in increasing the foreign exchange. India is ranked

seventh in terms of agricultural exports.

• In Jan 2017, India exported agricultural products valuing around 187.91 INR

Billion.

8. Indian Leather

In view of its immense potential for employment, growth and exports, leather industry

occupies an important place in Indian economy. The sector is spread across the formal

as well as informal sectors and produces a comprehensive range of products from raw

hides to fashionable shoes.

Some of the important leather products exported by India include -

• Leather Footwear

• Footwear Components (Shoe Uppers, Soles etc.)

• Leather Garments

• Leather Goods (Including Harness & Saddlery, Leather Gloves etc.)

• Finished Leather

9. Iron and Steel

• The iron and steel industry is one of the most important industries in India.

• India has become the third largest steel producer in the world. Most iron and steel

in India is produced from iron ore.

• India is expected to become the world's second largest producer of crude steel in the

next 10 years, moving up from the third position.

10. Human Hairs

• Indian exporters of human hair, a majority of them are small enterprises.

• India’s human hair exports’ market is around Rs 4,500 crore.

• Two types of hair are collected in India. One is Remy hair (the highest grade of

human hair, a preferred choice for hairpieces and wigs because it creates a natural

look) collected from temples where pilgrims tonsure their hair as part of a religious

vow. Earning Rs 300-400 crore a year, according to industry sources.

• The second kind is non-Remy hair - household waste collected by gypsy groups or

nomads from villages, who sell it to dealers in hair, who in turn sell it to hair export

firms. The latter process it, make it reusable and export it to the West, where it is

used to make wigs and hairpieces. Several lakhs of people work in the collection,

stocking, and processing of hair.

What GST says

Export Import

Tax Structure

•Zero rated Supply

•No Tax shall be

charged

IGST and BCD (Basic

Custom Duty) shall be

levied

Input Tax

Credit(ITC)

•ITC allowed

•Refund shall also be

allowed

•ITC of IGST allowed

•ITC of BCD not

allowed