6. LAC at Glance CUUNTRY POPULATION GDP(in Bn) TOTAL IMPORT IMPORT FROM INDIA 1US$=LOCAL CURRENCY ARGENTINA 37.9 177 21.2 154 2.82 PESO BRAZIL 170.0 789 62.8 556 2.38 REAL PARAGUARY 5.7 7 3.27 8 6115.2 GUARANI CHILE 15.2 100.7 23 100 550.76 PESO BOLIVIA 8.7 9.3 1.86 7 BOLIVIANO ECUADOR 13.0 32.1 7.5 21 US DOLLAR PERU 26.0 77.2 9.8 76 3.3 NEW SOL VENEZUELA 25 131 16.02 51 214 6BOLIVAR COSTA RICA 4.0 19.6 7.8 17 456.1COLON GUATEMALA 11.98 27.4 6.85 20 7.7 QUETZAL HONDURAS 6.86 8 3.46 7 18.5 LEMPERA NICARANGUA 5.36 5 1.98 5 16.1 GOLD CORDOBA EL SALVADOR 6.59 16.5 5.73 4.3 8.75 COLON PANAMA 2.96 14.5 7.5 41 1 BALBOA
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10. India trade with LAC in 2007 COUNTRY INDIA IMPORT in million $ INDIA EXPORT in million $ TOTAL TRADE in million $ BRAZIL 2200 958 3158 MEXICO 1127 868 1995 ARGENTINA 328 1002 1330 CHILE 208 2211 2419 VENEZUELA 95 489 584 COLOMBIA 476 80 556 PERU 252 210 462 ECUADOR 61 102 163 PANAMA 50 306 356 URAGUARY 49 5 54 COSTA RICA 30 40 70 HONDURAS 36 2 38 CUBA 27 1 28 DOMINICAN REPUBLIC 26 2 28 EL SALVADOR 18 2 20 NICARAGUA 34 - -
38. Market Development Assistance Economic Class AIR – India @ 90% to SSI Units @ 75% - Non SSI Units Subject to Rs. 90,000 per event (For study Tour) Rs. 81,000 by Non – AIR India
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42. Key factors in adverse impact on India’s trade Language Lack of Information Inflation Tariffs Absence of Shipping Lines Distance
48. MAJOR ITEMS FOR IMPORTS FROM LAC Iron & Steel Non – Ferrous Metal Crude Minerals Sugar PVC Paper & Pulp
49. Major International Ports Buenos Aires Barran Quilla Santos Salvador Africa Iquique - Chile Colon Manzanillo Panama City Acapulco Mexico City Port of Spain Trinidad Tabago Puerto Cabello La Guaira - Venezuela Callao Curacao - Peru
50. MARKET APPROACH Participate in Trade Fairs And Exhibitio ns Buyer – Seller Meet / Sales Tou r s Indian Mission Catalog Show Build a strong Relationship oriented Business