The document discusses the changes in India's international trade, highlighting an increase in import volume but a trade imbalance due to rising petroleum prices. It outlines the shifting composition of exports and imports, with a decline in traditional agricultural goods and an increase in manufactured items and engineering goods. Additionally, it details the significance of major and minor ports in facilitating trade, emphasizing the role of sea and air transport in India's trade relations.
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The document discusses the changes in India's international trade, highlighting an increase in import volume but a trade imbalance due to rising petroleum prices. It outlines the shifting composition of exports and imports, with a decline in traditional agricultural goods and an increase in manufactured items and engineering goods. Additionally, it details the significance of major and minor ports in facilitating trade, emphasizing the role of sea and air transport in India's trade relations.